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  • US stocks left afloat as congress reaches resolution

    Stocks in the US were buoyed on the open as investors want to believe that congress will reach a resolution before the October 17th deadline to refund the treasury. Despite all of the back and forth in Washington and the lack of an agreement, stocks were higher, but as news trickled out during the session

  • IBM Plunges on Topline Weakness
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    IBM Plunges on Topline Weakness

    October 17, 2013, 06:46 GMT

    So far this week we have seen a number of financial institutions and consumer favorites report their third quarter results. Up until this point, the results have been mixed to say the least. Economic conditions have seemed to vary greatly between different sectors and industries during the during. After the close on Wednesday a number

  • Intel Slides on Light Outlook
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    Intel Slides on Light Outlook

    October 16, 2013, 12:31 GMT

    Shares of Intel (NASDAQ:INTC) continued to the downside in the after hours session following the company’s third quarter earnings report. Over the last year its been a mixed bag for technology companies. The economic environment has favored software and cloud based names, whereas, hardware names have underperformed the broad technology sector. At first glance Intel’s

  • Yahoo! Ticks Higher Following Q3 Results

    Shares of Yahoo! (NASDAQ:YHOO) have done especially well so far this year on the back of renewed optimism and executive changes. Since the start of the shares of the company have soared to the upside by an astonishing 70%, not too bad for a company which has underperformed the market in recent years. Following the

  • Stocks in the US were mixed at the open as the Nasdaq continued to forge gains

    Stocks in the US were mixed at the open as the Nasdaq continued to forge gains while the S&P 500 and the Dow limped lower. Strong gains from Apple (NASDAQ:AAPL) and Facebook (NASDAQ:FB) propelled the technology index to new multi-year highs, which is poised to breakout to the upside. Disappointing earnings results from money center

  • Stocks Whipsaw as Deals Takes Shape
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    Stocks Whipsaw as Deals Takes Shape

    October 16, 2013, 06:59 GMT

    Stocks in the US got off to a soft note as investors reverse some of the gains seen at the end of last week. Volatility declined during the tail end of the prior week as investors looked forward to an agreement between the House and the Administration which failed to produce any substantial results. The

  • US stocks decline after 4-day rally
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    US stocks decline after 4-day rally

    October 16, 2013, 06:40 GMT

    Stocks on the American exchange snapped a four-day rally after optimism waned that lawmakers can resolve the budget impasse that has gripped the global markets for more than two weeks. The US government is on the brink of an unprecedented default should Senate leaders fail to resolve their differences ahead of the October 17 deadline.

  • US stocks pull ahead as political resolve takes shape

    Stocks on the American exchange continued their upward momentum, as Senate Democrats and Republicans inched closer to a resolution that would end the government shutdown and avoid breaching the debt limit. Both sides expressed a great deal of optimism in reaching a deal before the October 17 deadline, when the United States government will have

  • The Weekend Bring Little Relief to the Capital Markets

    Investors were generally not surprised that government officials were unable to come to an agreement over the weekend, given the brinkmanship and failure of the House and Administration during Friday’s trading session. The parties are still apart and many believe that their decision to avoid a default will come down to the eleventh hour. Since

  • JPMorgan’s $7.2 Billion in Legal Fees Weigh on Earnings

    Shares of JPMorgan Chase (NYSE:JPM) traded slightly lower on Friday following the company’s third quarter results. Over the last few months the company has held a top spot within financial media headlines. Seemingly every week another lawsuit, allegation, and or problem emerged for the company. Since Jamie Dimon took the reigns in 2004 the company