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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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Amazon: The ultimate good-faith stock

Category : Stocks

Few stocks involve more guessing than AMZN. The company is tightfisted when it comes to disclosing data or metrics.

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Best Day of the Month for Stocks, Facebook Posts In-Line EPS

Category : Business, Stocks

The Dow closes up more than 200 points on Draghi’s reassurances.

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Cramer’s ‘Mad Money’ Recap: Making Sense of the Rally

Category : Stocks

Search Jim Cramer’s “Mad Money” trading recommendations using our exclusive “Mad Money” Stock Screener.

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They Just Don’t Get FedEx!

Category : Business

Marek Fuchs, senior contributing analyst at TheStreet, delivers on FedEx where the media does not.

Excerpt from: They Just Don’t Get FedEx!

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How well is the Kindle Fire (AMZN) selling, wonders CNBC’s Jon Fortt as AmazonLocal offers a $30 discount.

Category : Stocks, World News

How well is the Kindle Fire (AMZN) selling, wonders CNBC’s Jon Fortt as AmazonLocal offers a $30 discount. 6 comments!

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Best Buy May Have Already Found Its New CEO

Category : Business

NEW YORK (TheStreet) — On Tuesday, Best Buy’s interim CEO, Mike Mikan, held his first earnings conference call as the struggling retailer’s leader.

While the event produced largely underwhelming results, if you’re an optimist who can read between the lines and do some digging, there’s room for hope.

Best Buy failed shareholders and lost customers because it underestimated, never truly acknowledged and reacted with a staggering level of ineptitude to the still-emerging dominance of Amazon.com. …

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Cramer’s ‘Mad Money’ Recap: Game Plan Before Facebook Friday

Category : Stocks

Search Jim Cramer’s “Mad Money” trading recommendations using our exclusive “Mad Money” Stock Screener.

NEW YORK (TheStreet) — Next week may be all about the upcoming Facebook IPO, but Jim Cramer showed his “Mad Money” TV show viewers Friday that there are plenty of other stocks worth looking into as he laid out his game plan for next week’s trading. …

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Facebook’s 33% Chance of Success

Category : Business

NEW YORK (TheStreet) — I ruffled some feathers recently when I suggested that the larger-than-life event known as the highly anticipated IPO of social media giant Facebook has been embroidered in hysteria and blown entirely out of proportion. As popular as Facebook has become, the exaggerated valuation defies logic.

Indeed Facebook is a good idea with a concept that is unequivocally successful. But not only does it have no business being compared to names such as Apple and Google, the company has yet to prove that it has a business — at least one that is sustainable.
What Is the Value of Social Media?

Facebook said recently it earned over $1 billion during the first quarter while also reporting a 12% decline in net income from the year earlier. All of the decline was attributed to an increase in spending. While not entirely a huge concern, it does raise some red flags.

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Consumer Reports Finds Many Facebook Users Don’t Use Privacy Controls: Hot Trends

Category : Business

A look at the day’s most searched trends on the Web, including Consumer Reports’ finding that many Facebook users do not use Facebook’s privacy settings.

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Did Amazon’s Earnings Signal End of Netflix?

Category : Business

NEW YORK (TheStreet) — Investors in Netflix have a real problem on their hands. Management currently doesn’t believe it’s important to fully monetize its subscriber base. The mentality of Netflix management is akin to Nike producing one style of shoe. Instead of only selling one swoosh to each customer, Nike knows what Netflix’s management hasn’t figure out yet. Offering many kinds of styles and colors is a key to maximizing revenue and profits.

There have to be limits of course, but is it really appropriate for investors to have to sit idly by while the management team sets its goal for styles and colors at a grand total of one? Netflix’s CEO Reed Hastings can do better than that for investors.

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