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Thursday, May 23, 2013 - 9:56am
Sony Could Delay Apple's iRadio Launch
Next month, thousands of tech industry professionals will head to California for two conferences: the Electronic Entertainment Expo in Los Angeles and the World Wide Developers Conference in San Francisco. The latter is Apple's (NASDAQ: AAPL) annual event where the Mac maker introduces new...
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Wednesday, March 27, 2013 - 3:57pm
J.C. Penney Going Back to 'Mark-Up to Mark-Down' Sales Practice
Ron Johnson's plan for J.C. Penney (NYSE: JCP) has failed. According to the New York Post, the former Apple (NASDAQ: AAPL) executive and current J.C. Penney CEO attempted to radically change the company's pricing structure in an effort to re-shape the brand, but instead the retailer has driven...
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Thursday, November 15, 2012 - 1:47pm
Crafty iThieves Steal $1.5M Worth of iPad Minis
There will be 3,600 fewer iPad Minis on store shelves now that thieves have gotten away with two pallets filled with Apple (NASDAQ: AAPL) devices. According to the New York Post, the heist occurred at JFK after two men used one of the airport's own forklifts to load the pallets into a truck. The...
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Wednesday, July 11, 2012 - 12:19pm
Wednesday Market MoversVerifone (NYSE: PAY): On Wednesday, Verifone announced that it has been awarded a five year contract by the District of Columbia Taxicab Commission that could be worth between $35 million to $45 million. Under this agreement, Verifone will develop and install support payment systems displays in...
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Tuesday, June 26, 2012 - 8:21am
Is News Corp About to Split in Two?News Corp. (NASDAQ: NWSA, NASDAQ: NWS), the diversified global media company, is considering separating its publishing arm from its entertainment division. According to Dealbook, the move would mean splitting the far larger and more profitable Fox movie studio and television networks from the...
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Wednesday, May 16, 2012 - 9:25am
Is NBC About to Go Bankrupt?The ailing TV network is making a desperate attempt at salvaging its remains. But cancelled shows, lackluster pilots and management's desperate remarks are pointing to the company's imminent demise. According to the New York Post, Ted Harbert -- the broadcasting chief of the Comcast-owned (NASDAQ...
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Thursday, September 29, 2011 - 11:15am
Will Chris Christie Run For President?There was an exclusive report in the New York Post this morning that New Jersey Governor Chris Christie had changed his mind about running for President of the United States. Despite the Republicans best efforts, it does not seem like Christie is going to run in 2012. According to a "source"...
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Thursday, September 8, 2011 - 8:47am
Goldman Sachs Unfairly Rewards Employees "At Shareholders' Expense," Lawyer ClaimsWhat, you mean to tell me that Lloyd Blankfein's $19 million paycheck was too much? That's crazy talk! According to John Harnes, an attorney for Goldman Sachs (NYSE: GS) investors, the company's compensation plan (which nearly doubled Blankfein's total compensation last year) is unfairly rewarding...
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Friday, July 1, 2011 - 9:08am
Is David Einhorn Trying To Throw A Curveball?After news hit in late May that hedge fund honcho David Einhorn was in talks to buy a minority portion of the New York Mets, everyone believed the deal would get done relatively easy and soon. Not so, according to the New York Post. The deal was supposed to get done by yesterday, but it appears...
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Cathie Black Out As Head of NYC Schools
Thursday, April 7, 2011 - 11:31amThe Chancellor of New York City schools, Cathie Black, is stepping down, according to NY1. In this article from the NY Post, Black, 66, was on the job just four months. Black was a controversial choice by Mayor Bloomberg, when he was re-elected to a third term as mayor of New York City. Black...
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