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Archive for the ‘Business Finance’ Category

If you want to gauge the current interest in initial public offerings (IPOs), then you simply need to look at the stock chart of social media firm LinkedIn (Nasdaq: LNKD). Right now, its stock is scorching hot, as investors seek out business models that possess robust growth prospects. ...

CHICAGO& 160; The home next door is in foreclosure. The neighbors down the street just put their house up for sale at a ridiculous discount. And "For Sale" signs litter lawns all over town. ...

Lockheed Martin Corporation (LMT - Analyst Report) has received a contract from the U.S. Army to assist the efforts of the coalition forces in Afghanistan by producing 29 additional Persistent Threat Detection Systems ( PTDS'). The contract is valued at $184.3 million. ...

24/7 Wall St. has created a new list of brands that will disappear, which includes Sears, Sony Pictures, American Apparel, Nokia, Saab, A&W All-American Foods Restaurants, Soap Opera Digest, Sony Ericsson, MySpace, and Kellog's Corn Pops. ...

With the LinkedIn, Pandora and Bankrate IPOs behind us, and Groupon, Zillow, CafePress and others waiting in the wings, there's a palpable sense of optimism in Silicon Valley. Over 80 companies have filed to go public in the first six months of the year, and dozens more will certainly file in the months to come. ...

HSBC Holdings PLC /quotes/zigman/207333/quotes/nls/hbc HBC -1.85% Friday said that 40% of its retail banking businesses weren't delivering against financial targets and that it would be withdrawing over the next few years from "quite a few" of the 60 or so countries in which in which it has such operations. ...

Soundcloud, one of the most popular music-sharing sites for musicians, has announced a partnership with Tumblr that will make it much easier for bands to disseminate music in a social way. ...

Brink's (NYSE: BCO) is one of today's notable stocks in decline, down 1.4% to $27.33. The S P is currently trading 0.5% lower to 1,294 and the Dow Jones Industrial Average is trading fractionally lower to 12,130. ...

Sony stated that the breach on its network happened between April 17 and 19. It was alerted of the problem when several PSN servers rebooted by themselves. The company initially thought that the problem was limited to the four servers but further inspection revealed that ten servers were affected. It was at that point that ...

View Photo Gallery The rail service, established in 1971 to relieve struggling freight rail services of their money-losing passenger service, has been a source of constant debate about its costs and benefits. ...