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Nasdaq paying $10M to settle Facebook disruption

In this May 18, 2012, file photo, provided by Facebook, Facebook founder, Chairman and CEO Mark Zuckerberg, center, rings the opening bell of the Nasdaq stock market, from Facebook headquarters in Menlo Park, Calif. Amid the hype and excitement surrounding Facebook's initial public offering, there were looming doubts. Potential investors wondered whether the social network could continue growing its advertising revenue without alienating users. One year later, much has changed at Facebook in a year, including the addition of mobile advertisements, the launch of a search feature and the unveiling of a branded smartphone. (AP FILE PHOTO/Nasdaq via Facebook, Zef Nikolla

Nasdaq has agreed to pay a $10 million penalty to settle federal civil charges after U.S. regulators said its systems and decisions disrupted Facebook’s public stock offering last year.

Posted: May 30th, 2013 in Latest Business Stories | Read More »

Stocks open lower on Wall Street

A board overlooking the floor of the New York Stock Exchange. AP photo

Stocks are opening lower on Wall Street, pushing the Dow Jones industrial average down from a record.

Posted: May 29th, 2013 in Latest Business Stories | Read More »

S&P 500 index within reach of a record high

In this Monday, March 25, 2013, file photo, Specialist Mario Picone, left, works with traders at his post on the floor of the New York Stock Exchange. Renewed jitters about Europe's debt crisis sent world stock markets lower Thursday March 28, 2013. (AP Photo/Richard Drew, File)

Stocks are little changed in early trading on Wall Street. The Standard & Poor’s 500 index is just below a record high.

Posted: March 28th, 2013 in Latest Business Stories | Read More »

Tokyo stocks edge lower by noon

Office workers walk by the electric stock index display of a securities firm in Tokyo in this file photo. Asian markets were mixed Thursday, July 5, 2012, as investors took to the sidelines following recent gains and waited for a European Central Bank meeting amid expectations of an interest rate cut.  AP PHOTO/SHIZUO KAMBAYASHI

Tokyo stocks edged lower in the morning session Friday, tracking a sluggish performance on Wall Street and after moves by central banks in China and Europe to boost growth failed to impress investors.

Posted: July 6th, 2012 in Latest Business Stories | Read More »

Dow reverses six-day losing streak with small gain

AP Photo

US stocks mostly bounced back slightly after a six-day losing streak Thursday, amid hopes that Greece’s moderate socialists might be able to form a government and avoid a new eurozone debt crisis.

Posted: May 11th, 2012 in Latest Business Stories | Read More »

Wall Street pares losses as Greece promised money

Specialists Patrick King, left, and Christopher Carella work on the floor of the New York Stock Exchange Tuesday, May 8, 2012. Stocks appear to be headed to open lower with Dow Jones industrial futures down 0.3 percent and S&P 500 futures down 0.5 percent. AP/Richard Drew

US stocks pared early sharp losses Wednesday to close with moderate losses after European Union officials confirmed that Greece would get the next installment of bailout funds this week.

Posted: May 10th, 2012 in Latest Business Stories | Read More »

IP E-Games inks deal with gaming firm

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Listed firm IP E-Games Ventures Inc. has signed a distribution contract with one of the world’s largest video game makers in a deal that could greatly increase its revenues.

Posted: April 28th, 2012 in Headlines | Read More »

World stocks meander as Spanish unemployment rises

World stock markets meandered Friday, as a spike in unemployment in Spain intensified worries about Europe’s debt crisis and put a crimp in optimism generated by positive US housing data.

Posted: April 27th, 2012 in Latest Business Stories | Read More »

World stock markets rise after strong US earnings

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World stock markets rose Wednesday after earnings from Apple Inc. and other US companies blew past expectations, providing a distraction from the economic and political turbulence intensifying in Europe over its debt crisis.

Posted: April 26th, 2012 in Latest Business Stories | Read More »

US stocks jump after strong profits; Spain soothes

Stocks stormed higher Tuesday after promising signals about the profitability of US companies and a strong debt auction by Spain. The Dow Jones industrial average rose for the fourth day in five and posted its biggest gain in a month.

Posted: April 18th, 2012 in Latest Business Stories | Read More »

Asia markets plunge amid recession fears

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HONG KONG– Asian stock markets plummeted on Friday morning following carnage in the US and European markets amid fears the world was heading towards another financial crisis. Major markets in Japan, Hong Kong, Australia and South Korea tumbled as already-fragile investor confidence was hammered by more weak US economic data and growing fears that Italy [...]

Posted: August 5th, 2011 in Latest Business Stories | Read More »

Dunkin’ gets warm response from new investors

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COMMERCIAL IMAGE. In this photograph taken by AP Images for Dunkin' Brands, Dunkin' Brands CEO and Dunkin' Donuts President Nigel Travis celebrates the Dunkin' Brands Group Inc.'s IPO with a freshly brewed cup of Dunkin' Donuts coffee at the NASDAQ stock exchange Wednesday, July 27, 2011 in New York. The NASDAQ logo was changed for the first time in history, incorporating the trademark double D's from the Dunkin' Donuts logo.  Gary He/AP Images for Dunkin' Brands

NEW YORK — Shares of Dunkin’ Brands Group Inc. soared nearly 47 percent on Wednesday, their first day of trading, feeding the demand of investors looking to trade in coffee and doughnuts. Dunkin’ Brands shares began trading on the Nasdaq under the symbol DNKN, opening Wednesday morning at almost $25. Shares closed at $27.85, up [...]

Posted: July 28th, 2011 in Latest Business Stories | Read More »

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