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Struggling retailer Barnes & Nobel (NYSE:BKS) announced today that Microsoft Corp (NASDAQ:MSFT) will invest at last $650 million in the Company’s Nook digital-book business as it continues to try and make inroads against the rival Ipad and Kindle. Microsoft will now gain a 17.6% stake in a...
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Coca-Cola (NYSE:KO) is proposing its first stock split since 1996. If it is executed the share price will be cut in half and the amount of the soft drink maker’s outstanding stock will double. This strategy could bear watching for blue chip investors. Historically Companies have a nice run...
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US Stocks rose on Wenseday after better than expected reports from Apple and Boeing. Boeing Co (NYSE:BA) turned in a stronger-than-expected quarterly profit, helped by increased commercial aircraft sales, while industry experts praised the company’s effort to boost airplane production to meet ...
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On Wednesday, the Obama administration announced increased regulations on the oil and gas industry, requiring drillers to capture emissions of certain air pollutants from new wells. The environmental Protection Agency said companies can burn the pollutants at the well head until the start of 2015,...
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The Commerce Department released the retail sales report for March today and showed a better than expected reading of a 0.8 percent increase for the month. Many economists had been forecasting growth of just 0.3 percent. This follows on the heels of February’s gain of 1.0%. This could lead to ...
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Shares in SatCon Technology are one of the day’s big winners after increasing 40% on heavy trading activity. Last month the Company announced that it has been selected by Unity Electric, LLC to supply 16 Megawatts of their PowerGate Plus solutions to power a utility-scale solar farm in Tinton ...
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