Wall Street Soars

Published on December 2, 2010 by Technology Slice

Wall Street Soars – The Dow Jones Industrial Average soared 249.76 points (2.27 per cent) to close at 11,255.78, with all 30 blue-chip components closing in positive territory, led by do-it-yourself retailer Home Depot, up 5.10 per cent. The S&P 500 index, a broader measure of the market, rose 25.52 points (2.16 per cent) to [...]

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Posted in Money

Zynga Hires MySpace CEO

Published on August 14, 2010 by Technology Slice

Zynga Hires MySpace CEO – Former Facebook Inc. executive and MySpace Chief Executive Owen Van Natta has been hired by Zynga Game Network Inc. as executive vice president of business operations, a Zynga spokeswoman confirmed on Friday. Zynga’s association with Van Natta, who left News Corp.’s (NWS,NWSA) MySpace in February, was previously reported by the [...]

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Posted in Internet

Greece Debt Problems Cause Massive Drop In Stocks

Published on May 7, 2010 by Technology Slice

Greece Debt Problems Cause Massive Drop In Stocks – The stock market had one of its most turbulent days in history as the Dow Jones industrials fell to a loss of almost 1,000 points in less than half an hour on fears that Greece’s debt problems could halt the global economic recovery. The market’s plunge [...]

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Posted in Money

All Ords Breaks Past 5000 Points

Published on April 12, 2010 by Technology Slice

All Ords Breaks Past 5000 Points – The Australian sharemarket has closed at a fresh 19-month high, with resources and financial stocks higher, after positive leads from Wall St overnight. The All Ordinaries cracked the 5,000 point threshold during trade after higher metals prices overnight boosted local miners.

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Posted in Money

Health Care Stocks Surge On Vote

Published on March 23, 2010 by Technology Slice

Health Care Stocks Surge On Vote – Stocks rose on Monday, building on last week’s strength, as the passage of a bill overhauling the healthcare system ended much of the uncertainty about the issue for investors. While some analysts raised concerns the bill, approved on Sunday, could squeeze company profits and add to costs, they [...]

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Posted in Money

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