Imagine for a moment that you're single and have recently met an attractive new woman, or man, as the case may be. You've taken them out for dinner. Perhaps she's ridden in your car. Maybe you've met his friends. And then you start wondering, who is this person really? What's their relationship track record like? How about their sexual history? What kind of risks am I taking? Are they financially secure?
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Magic happens on Wall Street when Warren Buffett decides to buy a stock. A few weeks ago the day Buffett made the buy on shares of Burlington Northern Santa Fe the stock popped $5.36 to $88.08 as investors celebrated the fact Buffet's company Berkshire Hathaway would own almost 40 million shares. But the pop was not over. As more small investors rushed into the market, the stock rose to $91.83.
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Seven equity options on MDAX® and TecDAX® stocks - The international derivatives exchange Eurex will be launching seven further German equity options on stocks from the MDAX® and TecDAX® indices on 21 May. The new options will use the following stocks as underlyings: Stada, Q-Cells, Conergy, Kali+Salz, United Internet, GEA Gruppe and Premiere.
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On April 25th SEC Commissioner Paul S. Atkins led a financial literacy presentation to students at Luke C. Moore Academy Senior High School as part of a collaborative effort by the Securities and Exchange Commission and other federal agencies to teach financial basics in D.C. Public Schools during Financial Literacy Month.
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On Feb. 13, 2007, Ultra Uranium (TSX: V.ULU) released a 43-101 technical report on its Kalnica-Selec property in Slovakia, which prompted the company's stock to fall into a tumble from which it still hasn't recovered. Ray Roland, President and CEO, believes the stock price will bounce back once investors realize the potential of the property.
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The accounts of Oxford University's colleges for the year to 31 July 2006, recently published, show a modest surplus at the operating level despite a decline in academic income. Investment returns remained strong both absolutely (13.5% over the year) and relative to benchmarks.
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Consumers association Choice says a big jump in the number of bankrupt Australians reinforces the need for tougher rules on finance brokers.
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Investors put more money into mutual funds that advertise, but in the end these customers pay a high price.
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Thanks to the efforts of a group of Indiana University students, Jim Cramer and his crew at Mad Money soon will be getting a hospitable Hoosier "ba-ba-boo-yah" when the exuberant former hedge-fund manager brings his popular CNBC television program to IU Bloomington.
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Just when investors thought it was safe to return to the stock market, shares across the board tumbled again today after Wall Street suffered its second largest one day fall in a year. Stock markets worldwide have been jittery since the Shanghai market took a 9 per cent dive two weeks ago and triggered the single biggest fall on Wall Street since the terrorist attacks of 9/11.
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To the markets now, and as you've heard on Lateline, Australian shares dropped in line with the falls on Wall Street. The All Ords shed 2 per cent and the ASX 200 did likewise. Lower commodity prices added to the negative sentiment. In Japan, the Nikkei fell nearly 3 per cent, with exporters leading the decline. Hong Kong's Hang Seng lost just under 500 points, and in early trade, the FTSE is down over 1.5 per cent.
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Lehman Brothers Reports Record Net Revenues, Net Income and Earnings Per Share.
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