Archive for March 23rd, 2012

BATS withdraws IPO after technical glitches

March 23, 2012
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NEW YORK (AP) — Stock market operator BATS Global Markets pulled its initial public offering following a series of technical glitches.
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Wall Street ends higher in sync with energy, materials

March 23, 2012
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NEW YORK (Reuters) – Stocks rose in light volume on Friday, boosted by rising energy and basic materials shares, and the S&P 500 continued to show resilience even as it posted its second negative week so far this year.
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A Word From Our Sponsor On The Benefits Of An Assisted Living Facility Insurance Plan

March 23, 2012
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Managers of assisted living facilities know the numerous risks involved with this unique type of business. No other business has to deal with many permanent residents who each need such diverse levels of medical attention and care. These risks are on top of the other more common risks associated with businesses such as having...
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A Word From Our Sponsor On Some Benefits Of Marketing Insurance Online

March 23, 2012
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There are probably many ways that you can think of to do insurance marketing for your insurance agency. Perhaps you have thought of making a commercial or sending out flyers in the mail. You might have had a billboard put up in the busy part of town. While those are all fantastic ideas, another...
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Wall Street to open flat, S&P on track for weekly drop

March 23, 2012
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NEW YORK (Reuters) – Stocks were poised for a flat open on Friday after equities suffered their worst percentage drop in two weeks, with the S&P 500 on track for its first decline in the past six weeks.
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World stocks mixed ahead of US housing data

March 23, 2012
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BANGKOK (AP) — Asian markets fell Friday amid mounting jitters over China‘s manufacturing slowdown. European stocks advanced and Wall Street futures rose as traders awaited the release of U.S. housing data.
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Securities watchdog probes high-frequency trading firms: report

March 23, 2012
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(Reuters) – The U.S. securities watchdog is looking at whether some high-frequency trading firms have used their close links to computerized stock exchanges to gain an unfair advantage over other investors, the Wall Street Journal said.
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Layne says probe finds evidence of improper payments

March 23, 2012
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(Reuters) – Layne Christensen said an ongoing internal probe has found documents and information suggesting that improper payments were made to agents and other third parties interacting with government officials in certain countries in Africa.
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Morgan Stanley directors win pay lawsuit dismissal

March 23, 2012
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(Reuters) – Twelve directors of Morgan Stanley have won dismissal of a shareholder lawsuit accusing them of letting the Wall Street bank overpay its employees even while accepting taxpayer-funded federal bailouts.
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Wall Street retreats but bull market still alive

March 23, 2012
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NEW YORK (Reuters) – Cyclical sectors led stocks lower on Thursday, setting the S&P 500 up for its first negative week in six, after factory data showed a slowdown in both the euro zone and China.
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