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7 MINS AGO - Wall Street Journal

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UBM Agrees to Buy Advanstar

U.K. media company UBM has agreed to buy Advanstar Communications, a U.S. events company best known for producing the Magic Marketplace fashion event, for $972 million in cash.

Tags: UBM Agrees to Buy Advanstar,  Best Buy Latest News

10 HOURS AGO - Zero Hedge

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Caught On Tape: HFT Algo Manipulating GOOGL 1000 Times Per Second

Via Nanex, It is very common to find examples of stock quotes changing rapidly - hundreds and sometimes thousands of times per second in a single stock. At the extreme, we've seen in excess of 25,000 quote changes in a single stock in one second of time or less (this page has a chart that documents every extreme example). Often ...

Tags: Caught On Tape: HFT Algo Manipulating GOOGL 1000 Times Per Second,  Best Buy Latest News

11 HOURS AGO - Zero Hedge

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"Russia Could Ditch Dollar In 2-3 Years"; Deputy PM Warns Nuclear Subs "Could Reach Any Country On Any Continent"

"Two to three years is enough, not only to launch [settlements in rubles], but also to complete these mechanisms," says Andrey Kostin, head of Russia’s second-biggest bank VTB, noting that the possibility of the US and EU widening sanctions to exclude Russia from the SWIFT global money transfer system would become “a point of no return” making any further dialog ...

Tags: "Russia Could Ditch Dollar In 2-3 Years"; Deputy PM Warns Nuclear Subs "Could Reach Any Country On Any Continent",  Best Buy Latest News

15 HOURS AGO - TheStreet

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5 Stocks Set to Soar on Bullish Earnings

DELAFIELD, Wis. (Stockpickr) -- Short-sellers hate being caught short a stock that reports a blowout quarter. When this happens, we often see a tradable short squeeze develop as the bears rush to cover their positions to avoid big losses. Even the best short-sellers know that it's never a great idea to stay short once a bullish earnings report sparks a ...

Tags: 5 Stocks Set to Soar on Bullish Earnings,  Best Buy Latest News

15 HOURS AGO - TheStreet

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PayPal Getting Spun Off From eBay: What Wall Street's Saying

NEW YORK (TheStreet) - EBay shares surged roughly 8% on Tuesday following the e-commerce company's decision to spin off its payment processing unit PayPal. The split, which is expected to occur in the second half of 2015, will create two standalone businesses that will "capitalize on their respective growth opportunities in the rapidly changing global commerce and payments landscape, and ...

Tags: PayPal Getting Spun Off From eBay: What Wall Street's Saying,  Best Buy Latest News