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Tuesday, May 15, 2012 - 8:22am
CNBC's Trump Tuesday Debates Wal-Mart's Mexican Business Practices
The "Trump Tuesday” segment on CNBC's Squawk Box temporarily turned into advocacy for overseas bribery as segment star Donald Trump and Staples (NASDAQ: SPLS) founder (and Mitt Romney friend and associate) Tom Stemberg defended Wal-Mart (NYSE: WMT) practices in Mexico and slammed US practices of...
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Friday, May 4, 2012 - 1:33pm
Crowd Funding Startup Aims to Help Entrepreneurs Get Financed
“Minute Capital provides a crowd funding service that connects entrepreneurs, contributors, and potential investors so that funds given to the startup world can be more easily accessible to entrepreneurs through the power of the masses,” explains Jason Pang Jao, Managing Director of Finance and Co-...
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Friday, May 4, 2012 - 7:22am
Two Reasons Why Today's NFP Will Matter, Two More Why It Won't
At 8:30am this morning, the US Bureau of Labor Statistics is expected to tell us how many jobs were added last month, and what our new unemployment percentage is. Consensus anticipates the US economy will have added 162,000 jobs for the month of April. Market await with baited breath on the actual...
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Jim O'Neill: Emerging Markets No Longer Emerging But Growing
Wednesday, April 25, 2012 - 10:30am
"The world is new, and the countries driving it are not the ones of past generations," Jim O'Neill, Head of Global Asset Management for Goldman Sachs (NYSE: GS) told CNBC in an exclusive interview from the firm's Summit in New York. Having coined the term BRIC (Brazil, Russia, India, China), he...
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Wednesday, April 11, 2012 - 8:52am
Carlyle Eyes $800 Million IPO
Carlyle Group LP, the private equity conglomerate with $147 billion in management, will soon take its show on the road as it seeks to offer a tenth of its equity to the public. The company expects to raise between $750 and $800 million, according to Reuters, which would put its valuation at $7.5 to...
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Foxconn Employee Suggests Apple iPhone 5 Due in October
Monday, April 9, 2012 - 10:33am
Another day, another Apple (NASDAQ: AAPL) rumor. It seems stern warnings to suppliers from the Cupertino headquarters wear down with distance, as Foxconn employees have - again - weighed on the possible release of its next iPhone. According to the head of human resources at Foxconn's Taiyuan...
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Thursday, April 5, 2012 - 9:51am
CarMax Q4 Beats Estimates on Strong Subprime Financing
The used car retailer CarMax (NYSE: KMX)reported record results for its forth quarter and full fiscal year 2012 on Thursday. The company beat consensus estimates with quarterly revenues of $2.48 billion versus $2.41 expected. Revenues also beat last year's comparable quarter of $2.25 billion. For...
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Thursday, April 5, 2012 - 8:03am
$148 Oil A Possibility - T. Boone Pickens
T. Boone Pickens thinks a $148 barrel of oil is a distinct possibility should the economy increase at the current clip. However, he says we are dealing with two distinct markets, and so far the domestic oil industry has done "a great job" on limiting the exposure of the domestic market from what he...
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Wednesday, April 4, 2012 - 11:24am
Bill Gross: There is a "Bernanke Put" on the Economy
Bond king and co-Chief Investment Officer of PIMCO Bill Gross thinks buying into equities is safe as long as the stock market remains a central consideration for central bankers. Speaking earlier on CNBC, Mr. Gross said that the strength of the stock market remains the main concern for Bernanke...
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Wednesday, April 4, 2012 - 10:50am
Bill Gross: FOMC "Word-Smithing" Not Indicative of QE3 Chances
Bill Gross does not believe FOMC meeting minutes necessarily signal to no further quantitative easing from the Fed. He thinks the Fed is just one of several pawns on a larger chess game when it comes to deciding on QE3. The Co-CIO of bond giant PIMCO and proclaimed bond-king Bill Gross, speaking...
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