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Wall Street Journal

Apple Moves to Larger iPhone Screens

by Wall Street Journal 05.17.2012

Apple is likely to increase the screen size on its coming iPhone. The company is asking Asian suppliers to make screens measuring at least 4 inches diagonally. The current iPhone has a 3.5-inch display.

Pinterest Valued at $1.5 Billion

by Wall Street Journal 05.17.2012

Pinterest, the online scrapbooking website that has become the latest Silicon Valley darling because of its rapid user growth, has raised $100 million in a financing round that values the start-up at $1.5 billion, said people familiar with the matter.
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Asian Markets Mostly Higher

by Wall Street Journal 05.17.2012

Asian markets mostly edged higher Thursday, stabilizing after heavy selling Wednesday, as worries subsided for now over Europe as Greece prepares to hold fresh elections in June.

3M Begins Untangling Its ‘Hairballs’

by Wall Street Journal 05.17.2012

3M, which used to have a convoluted production process for some products, is trying to untangle these “hairballs” to cut costs.

Dish Runs Ads to End All Ads

by Wall Street Journal 05.16.2012

Dish Network is promoting its new “Auto Hop” ad-skipping DVR with a marketing campaign that, ironically, uses a TV commercial. Some networks are refusing to run the spot.

SEC Probes Role of Fund in CDOs

by Wall Street Journal 05.16.2012

U.S. securities regulators are investigating hedge-fund firm Magnetar Capital, which bet on several mortgage-bond deals that wound up imploding during the financial crisis.

GM Claims Immunity for Old Cars

by Wall Street Journal 05.16.2012

GM pushed a lawyer to drop a potential punitive-damages claim involving a prebankruptcy vehicle involved in a fatal accident, asserting a level of immunity in that some lawyers claim is a stretch.

Skechers Settles With FTC

by Wall Street Journal 05.16.2012

Skechers will pay $50 million to resolve allegations it made unfounded claims that its “toning shoes” would help consumers tone muscles and lose weight.

Dow Extends May Swoon

by Wall Street Journal 05.16.2012

Stocks slipped as confusion over Greece’s political future trumped firm U.S. economic data.

Facebook IPO: Insiders Cashing Out

by Wall Street Journal 05.16.2012

Some of Facebook’s biggest holders are selling up to $3.8 billion in extra shares in Friday’s IPO, in some cases at Facebook’s request. Goldman Sachs and Tiger Global will now sell as much as 50% of their stakes.

Asian Markets Are Mixed

by Wall Street Journal 05.16.2012

Asian markets were mixed early Thursday after Wednesday’s heavy selling, with investors digesting Japanese data showing the economy grew faster than forecast last quarter.

Fed Minutes Reflect Wariness About Recovery’s Strength

by Wall Street Journal 05.16.2012

Federal Reserve officials were worried about risks to the recovery in April when they decided to continue their easy-money policies to bolster the economy.

Asian Markets Open Mixed

by Wall Street Journal 05.16.2012

Asian markets were mixed early Thursday after Wednesday’s heavy selling, with Japanese stocks edging higher after the economy grew faster than forecast last quarter.

Boyd to Buy Peninsula Gaming for $200 Million

by Wall Street Journal 05.16.2012

Boyd Gaming agreed to acquire fellow casino operator Peninsula Gaming for $200 million in cash, expanding its presence in the U.S. Midwest and South.

Coty Chooses Banks for IPO

by Wall Street Journal 05.16.2012

Coty picked Bank of America Merrill Lynch and J.P. Morgan Chase as lead underwriters for an IPO, likely this summer or in early fall. The IPO plan follows Coty’s decision to walk away from its offer for Avon.

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