Despite ending in the red on Friday, the three major indexes gained more than 2% for the week.
Read more: Stocks gain more than 2% for week
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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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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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Despite ending in the red on Friday, the three major indexes gained more than 2% for the week.
Read more: Stocks gain more than 2% for week
Category : Stocks
The Dow gained more than 125 points and closed at a record high of 14,253.77, topping its previous all-time high set in October 2007.
Go here to read the rest: Dow closes at record high
Category : Business, World News
The Scottish economy gained momentum at the start of the year, according to a survey of purchasing managers.
Continued here: Scottish economy ‘gains momentum’
Bain Capital will make a bundle on Bright Horizons, even though the company hasn’t gained any equity value since it went private six years ago.
Read more here: Bain will benefit from Bright Horizons IPO
Category : Business, World News
Imogen Foulkes gained rare access to one of the world’s four major gold refineries in Switzerland for a look at this highly secretive industry.
Read the original post: VIDEO: Inside a Swiss gold refinery
While the S&P 500 gained almost 10% this summer, individual investors yanked nearly $40 billion from U.S. stock market mutual funds and ETFs.
See original here: Individual investors miss the rally … again
Category : Business
US manufacturing activity gained after three months of contraction, according to the Institute for Supply Management’s monthly survey.
Read this article: US manufacturing ‘shows gains’
Category : Stocks, World News
More on the New Home Sales miss: Sales fell 8.4% from May and gained 15.1% from June 2011. Median sales price of $232.6K (lowest since January), -3.2% Y/Y, market had been expecting a gain. Months supply rises to 4.9 from 4.5 in May (6.6 one year ago). (report)
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Category : Business
NEW YORK (TheStreet) — Apple’s stock topped $600, a level not seen since April 27.
Shares of Apple have gained about 6% since June 25, when they closed at $570.77. Since that time, the value of the Cupertino, Calif.-based technology giant has risen by $34 billion to $560 billion, making it the largest company in the S&P 500. No. 2 is oil company Exxon Mobil, with a market cap of $402.6 billion.
Since the beginning of the year, Apple shares have gained 48%, far outpacing the 14% return of the Nasdaq. They’re up about 1% today. …
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Click to research the Computer Hardware industry.Continue reading here: Apple’s Stock Touches $600 … Again
Category : Stocks
NEW YORK (TheStreet) — U.S. stocks finished Friday with solid gains after President Obama advocated for Greece to stay in the Eurozone.
The Dow Jones Industrial Average rose 93 points, or 0.75%, to close at 12,554. Thanks mainly to Wednesday’s big pop, the blue-chip index finished the week up 3.6% after closing negative for the year a week ago.
The S&P 500 tacked on nearly 11 points, or 0.81%, to settle at 1326. The index rose 3.8% for the week and is now up 5.4% in 2012. The Nasdaq gained 27 points, or 0.97%, to finish at 2858. The index advanced 4% for the week, putting it up 9.7% year-to-date. …
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Click to research the Retail industry.Read more: Wal-Mart, Home Depot: Dow Movers