Penny stocks can blow up in your face – Plain Dealer

January 29, 2012

Reid Brown, The Plain Dealer When rap artist 50 Cent tweeted about an obscure headphone distributor last January to his 3.8 million followers, its stock tripled in value and gave him a brief profit, on paper, of roughly $ 10 million. A few hours later 50 Cent, aka Curtis Jackson, Tweeted a disclaimer that he [...]

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PNC BANK v. TURKIYEM VIDEO INC. – Leagle.com

January 29, 2012

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Widespread belief Mifid II set to fail retail investors – Financial Times

January 29, 2012

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Tayside Police warn of email scams – Strathearn Herald

January 29, 2012

Jan 27 2012 by Katy Gordon, Strathearn Herald TAYSIDE Police has warned the public about a number of email scams which are currently circulating in the Strathearn area and beyond. Common scams include criminals from overseas hacking into people’s email accounts and sending fraudulent emails to various recipients within their contacts list. A police spokesperson [...]

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Facebook IPO value could be $100 billion – NEWS.com.au

January 29, 2012

Facebook is preparing for an initial public offering (IPO) It could value the company at $ 100 billion RBS chairman gives up $ 2m bonus WHEN Facebook makes its long-expected debut as a public company this spring, the social-networking giant will likely vault into the ranks of the largest public companies in the world, alongside [...]

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Reform auto insurance, but don’t create crisis – Orlando Sentinel

January 29, 2012

Another legislative session, another shot at fortifying the Florida automotive insurance against rampant fraud. Personal injury protection has long been a sucker for scam artists. The question has been how best to buffer it without undermining the effectiveness, and accessibility to treatment, in PIP coverage. This year, lawmakers have a proposal before them that could [...]

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Fed will do its part to aid U.S. recovery, Dudley says

January 29, 2012

By Jonathan Spicer NEW YORK | Fri Jan 27, 2012 3:54pm EST NEW YORK (Reuters) – Much work remains to maximize U.S. employment and stabilize prices in the face of a “sluggish” economic recovery, and the Federal Reserve will do its part, said the head of the New York Fed bank. Unemployment is likely to [...]

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Scott Burns: Comparing TIPS and I Savings Bonds – Daily Breeze

January 28, 2012

Q: Are I Savings Bonds better to have than TIPS? They are paying me about 4.5 percent. – G.F., Austin, Texas A: Although both I Savings Bonds and TIPS offer inflation protection (as measured by the increase in the Consumer Price Index), there are some important differences. TIPS (Treasury Inflation-Protected Securities) are issued in five-, [...]

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US HOT STOCKS: Amylin Pharma, Alkermes Active In Late Trading – Wall Street Journal

January 28, 2012

U.S. stocks closed mixed Friday as the Dow Jones Industrial Average fell 74 points to 12660, the Standard & Poor’s 500-stock index declined 2.1 points to 1316, and the Nasdaq Composite index gained 11 points to 2817. Among the companies whose shares are actively trading in the after-hours session are Amylin Pharmaceuticals Inc. (AMLN) and [...]

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Mitt Romney Says His Tax Rate Is Higher Than 15 Percent – Huffington Post

January 28, 2012

WASHINGTON — Mitt Romney has begun to make the case that he pays more than 15 percent in taxes. “The tax rate is really closer to 45 or 50 percent,” Romney said Wednesday in an interview with Univision’s Jorge Ramos. That may come as a surprise to those who heard Romney, the Republican presidential candidate [...]

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