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Author Archives: Market Caliber Team

BlackBerry Z10 Said to Hit AT&T Stores March 22 for U.S.

*from www.bloomberg.com, Mar. 8, 2013 (To view original article click here.) Take Away #1: While no release date has been officially announced, BlackBerry’s new Z10 touchscreen phone is said to be appearing in U.S. stores that day. Key Facts...

Labor Market Gains Help Brighten Americans’ Outlook

*from www.bloomberg.com, Mar. 7, 2013 (To view original article click here.) Take Away #1: Applications for unemployment benefits in the U.S. unexpectedly declined to a six-week low. Key Facts and Figures: First-time jobless claims fell by...

Dow Average Rises to Record as Jobless Claims Decline

*from www.bloomberg.com, Mar. 7, 2013 (To view original article click here.) Take Away #1: The Dow Jones Industrial Average climbed to another record high as the number of Americans who filed for unemployment benefits fell to a six-week low. Key...

Samsung Buys Stake in Struggling Sharp

*from www.money.cnn.com, Mar. 7, 2013 (To view original article click here.) Take Away #1: Samsung agreed Wednesday to take an equity stake in tech company Sharp. Key Facts and Figures: The embattled Japanese tech company Sharp has been under...

Dell’s Crafted LBO Pitch Gets Messy as Carl Icahn Circles

*from www.bloomberg.com, Mar. 7, 2013 (To view original article click here.) Take Away #1: Michael Dell’s $24.4 billion deal for Dell Inc. (DELL), has gotten complicated as Dell’s board seeks higher bids attracts interest from other buyers. Key...

Global Stocks Gain After Dow Record While Oil Retreats

*from www.bloomberg.com, Mar. 6, 2013 (To view original article click here.) Take Away #1: Global stocks rose to the highest in more than 4 ½ years, a day after the Dow Jones Industrial Average jumped to a record. Key Facts and Figures: The...

Why Cyber Currency Bitcoin is Trading at an All-Time High

*from www.money.cnn.com, Mar. 6, 2013 (To view original article click here.) Take Away #1: Digital currency, created by an anonymous hacker, called bitcoin, surged Wednesday to nearly $49. Key Facts and Figures: One bitcoin, worth about $40...

Verizon Seeks Full Control of Industry’s Leading Carrier

*from www.bloomberg.com, Mar. 6, 2013 (To view original article click here.) Take Away #1: Verizon Communications Inc. (VZ) could be on a path to full ownership of Verizon Wireless, with a potential buyout of Vodafone (VOD)’s stake in their...

ADP Says Companies in U.S. Added 198,000 Workers in February

*from www.bloomberg.com, Mar. 6, 2013 (To view original article click here.) Take Away #1: Companies added more workers than projected in February, indicating the U.S. job market will keep expanding this year, according to a private report...

Cell Phone Unlocking Gains Ally in Obama

*from www.money.cnn.com, Mar. 5, 2013 (To view original article click here.) Take Away #1: An online petition demanding that cell phone customers be able to freely unlock their phones from carrier’s shackles, gained an unexpected ally this...