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Northern, WI 1/24/2013 (avauncer) - Mobile Technology Pioneer Apple (NASDAQ:AAPL) posted their fourth quarter results that had failed to meet the analyst’s estimates; while this is not the first time, it fell short of estimates for the third straight quarter. This gave...

Northern, WI 1/24/2013 (avauncer) - The loan limit on the Four Seasons Resort Hualalai, which is a Hawaiian holiday resort jointly owned by Michael Dell’s MSD Capital LP, is nearing a restructuring due to the increase in room rates as well as demand in luxury homes,...

Northern, WI 1/24/2013 (avauncer) - McDonald’s Corp. (NYSE:MCD), the world’s biggest restaurant chain in terms of sales, said 4th quarter profit increased 1.4% due to its dollar menu and McRib sandwich that boosted U.S. sales. Net income went up to $1.4 billion/ $1.38...

Northern, WI 1/24/2013 (avauncer) - McKinsey & Co. has said that investment banks have to take further steps to boost returns and more companies will have to exit businesses. Just 5-6 companies will comprise the “bulge bracket” firms that provide complete range of...

Northern, WI 1/24/2013 (avauncer) - Citi Private Bank, the private arm of Citigroup Inc.(NYSE:C) has accepted to sell a part of its U.S. trust business to Reliance Financial Corp. a privately managed trust so as to lower its non-core holdings. The financial aspect of the...

Northern, WI 1/24/2013 (avauncer) - Heartland Financial USA, Inc. (NASDAQ:HTLF), has declared that the company’s board of directors has authorized the payment of $0.10 for each share as quarterly cash dividend on its  common stock. The dividend will be paid on 8th March...

Second largest US phone company, Verizon Communications Inc. (NYSE:VZ), fell short of its earnings figures after fresh wireless subscribers caused profit-crushing subsidies in Smartphones. Market had forecasted a drop of 50 cents on an average. This was proved when the company...

Northern, WI 1/24/2013 (avauncer) –Steve Jobs recommended an agreement with Palm Inc in order to avoid the companies from recruiting each other’s employees. The agreement was put forth as a suggestion by the Apple Inc. (NASDAQ:AAPL) CEO, three years ago, as he was talking over...

Northern, WI 1/24/2013 (avauncer) –The United States’ borrowing threshold has been deferred for the time being. The US House voted 285-144 for temporary removal of the debt ceiling.This vote defers the $16.4 trillion borrowing limit up to May 19. Government lawmakers will pass...

Northern, WI 1/24/2013 (avauncer) –Julius Genachowski, chairman of the Federal Communications Commission (FCC) and a Democrat pressed for better access to the Internet with a high speed. He supports a vision shared by Google Inc. (NASDAQ:GOOG) and Microsoft Inc. (NASDAQ:MSFT) of...