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Qualcomm Loses Antitrust Case in South Korea

Dec.04 — South Korea’s High Court ruled in favor of the Korean antitrust regulator over a record 1.03 trillion won ($864 million) fine against Qualcomm Inc. for the abuse of its market dominance in modem chipsets. Qualcomm says it will file an appeal to the ruling. Ian King reports on “Bloomberg Technology: ” …read more […]

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Hedge Funds Sold Tesla Inc. (TSLA) A Bit Too Early

It seems that the masses and most of the financial media hate hedge funds and what they do, but why is this hatred of hedge funds so prominent? At the end of the day, these asset management firms do not gamble the hard-earned money of the people who are on the edge of poverty. Truth […] …read more […]

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Intel vs. AMD: Which Chip Stock is the Better Buy?

Real Madrid vs Barcelona, The Beatles vs The Stones – our cultural landscape is filled with intense rivalries which arouse the tribal instincts in us all. Almost everyone has an opinion, and a favorite to go along with it.Add to this list then, CPU giants Intel (INTC) and Advanced Micro Devices (AMD). The two are the only major players regularly fighting it out in the CPU market. Although Intel’s market cap is almost 5 times bigger than AMD’s, the latter has been making big strides this year.Stock Comparison Tool | TipRanksAMD has taken advantage of Intel’s shortages in the low …read more […]

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Multiply Your Profits With a Little-Known Wall Street Secret

The market can be a humbling force for any investor, financial analyst or writer. It often runs in the opposite direction than we predict, mocking our best judgment in the process.
Even I’m not immune to making losing calls from time to time…
So whether the market rallies sooner than expected or falls harder than expected, it’s important to have flexible strategies in place.
One way to stay profitable or protected whichever way the market goes is to use the old fail-safe investment strategy: Long-Term Equity Anticipation Securities (LEAPS).
Low-Dollar Risk… High-Dollar Return With LEAPS…
Right off the bat, LEAPS options reduce the amount of …read more […]

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UPDATE 1-PG&E nearing $13.5 bln deal with wildfire victims -Bloomberg

Bankrupt California power producer PG&E Corp is close to finalizing terms for a $13.5 billion payout to victims of wildfires triggered by its power lines, Bloomberg reported on Wednesday, citing people familiar with the matter. The company had proposed paying the victims no more than $8.4 billion in September. The wildfire victims had opposed the company’s reorganization plan and allied themselves with PG&E bondholders, who proposed their own reorganization plan. …read more […]

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Can This 9.9% Yield Keep Up Its Tradition?

My teenage daughter embarrasses easily. If I’m talking too loudly, gesturing a little too dramatically or… breathing, she wants to crawl under a rock.
Like many girls her age, she spends most of her time in her room.
So I was pleasantly surprised last week when she announced that she wanted to watch the Macy’s (NYSE: M) Thanksgiving Day Parade together like we have every year since she was very little.
The parade has been held in New York City every year since 1924, and we’ve been watching it curled up on the couch since she was 4.
This year, due to high winds, …read more […]

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Musk Tells Jury He’s Worth $20 Billion, But Is Short on Cash

(Bloomberg) — Elon Musk says he doesn’t have a lot of cash.Musk’s wealth came up in the second day of his testimony before a federal jury in Los Angeles where the Tesla Inc. and SpaceX chief executive is on trial over a tweet in which he referred to a British cave expert as a “pedo guy.”After an unsuccessful objection from his lawyer, Musk told the jury he has Tesla stock, and SpaceX stock, with debt against those holdings, and his net worth is about $20 billion. But contrary to public opinion, he said, he didn’t have much cash. Musk finished …read more […]