Roundup

Facebook’s Moderate Introduction and Links

by Kevin Mulligan

Facebook’s IPO finally hit the market at a raised price of $38 per share. Some were expecting the shares to “pop” as soon as they start trading. Instead, shares went up to the $40-41 range, but finished the day at $38.23. I didn’t get into the action, but many others hopped on to get a [...]

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Facebook Goes Public This Week and Links

by Kevin Mulligan

Facebook is set to have its formal IPO this week and trading will likely begin on Friday. It is one of the most anticipated initial public offerings in history and will make Mark Zuckerberg quite the wealthy individual. His employees won’t turn out so bad either — although they’ll likely pay about 45% in tax [...]

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Berkshire Hathaway Annual Shareholders Meeting and Links

by Kevin Mulligan

Not every company’s shareholder meeting turns into a type of personal finance carnival, but Warren Buffett’s company is anything but normal. What is normally a decent sized annual event for shareholders has turned into a festival of sorts where investors and media flock to see what the Oracle of Omaha will say next. The shareholder [...]

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Apple is Printing Money Around the World and Links

by Kevin Mulligan

The infamous tech company Apple is virtually printing money through the explosive sales of its products around the world. Until this week Apple’s stock had been sliding back a bit — coming off about 13% of its recent high.  Pundits feared that disappointing iPhone sales at AT&T and Verizon would hurt Apple. Of course Apple [...]

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Secret Service Scandal and Links

by Kevin Mulligan

A new scandal has caused the Secret Service to fire or “encourage” some agents to retire after prostitutes were brought into a facility the President was staying at in Colombia. One of the prostitutes demanded payment, the agent wouldn’t pay, and the next thing you know embarrassing international headlines are everywhere.  Not only was it [...]

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Tax Filing Deadline is This Week and Links

by Kevin Mulligan

The deadline to file your taxes is rapidly approaching. This year you have until April 17th to file your taxes — or have them postmarked and in the mail.  Even if you aren’t sure your taxes are correct and you need to file for an extension, you need to do it now.  And remember, when [...]

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“Negative” Jobs Report Dampens Stocks and Links

by Kevin Mulligan

The recent rally of the stock market stumbled at the end of the week with a release of a “negative” jobs report. I say “negative” because the headlines you saw were things like “Negative jobs report dampens markets” and “Silver lining in poor jobs report”. This left me confused and somewhat annoying with business and [...]

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Monster Mega-Lottery and Links

by Kevin Mulligan

Three tickets were sold for the $640 million Mega Millions jackpot. The lump sum payment is $462 million. Split three ways that is $154 million each. Not a bad payday assuming each person only played a couple of bucks in tickets. Overall, playing the lottery is a guaranteed way to lose money.  Some estimates believed [...]

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Bank of America to Rent Foreclosed Family’s Homes Back to Them and Links

by Kevin Mulligan

Facing foreclosure from Bank of America? BofA has realized they have a problem on their hands: you can foreclose on millions of delinquent homes all you want, but getting rid of them before they fall apart due to disrepair isn’t as easy. If you’re sitting on thousands of properties it takes a lot of potential [...]

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March Madness 2012 and Links

by Kevin Mulligan

March Madness kicked off earlier this week and seemed rather mundane until Friday night. Before this year’s tournament a #15 seed had beaten a #2 only four times in all of history.  On Friday it happened twice: Missouri lost to Norfolk State and the team that always seems to be in the Final Four, Duke, lost [...]

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