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It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
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It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
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Stocks finished near session highs across the board Wednesday, boosted by financials and materials, with the Dow and S&P 500 logging fresh closing highs.
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Shares of AOL are down today after reporting quarterly earnings. CNBC's Julia Boorstin speaks to its CEO Tim Armstrong about how he plans to build profits this year.
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News Corp is set to report quarterly earnings, but the focus will be on the company's impending spin-off of its publishing assets as separate company. (NEWSCORP-RESULTS/, expect by 2030 GMT/ 4:30 PM ET, by Lisa Richwine, 500 words). From Europe's fringe, Romania and Bulgaria seek acceptance.
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CEO Tim Armstrong keeps trying new things, but until his many acquisitions start to make money, the company's stock price will continue to tumble.
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NEW YORK-- A look at the 10 biggest percentage decliners on New York Stock Exchange at 1 p.m.:. Fusion-io Inc. fell 23.6 percent to $13.75. Axiall corp. fell 16.0 percent to $47.46.
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*Disney profit beats expectations, Whole Foods raises outlook. NEW YORK, May 8- U.S. stocks rose on Wednesday, bolstered by the financial and technology sectors, and were set to scale fresh highs as a rally kept going for a fifth consecutive session. The S&P 500 financial sector index rose 0.6 percent, with JPMorgan Chase& Co up 1.4 percent at $49.83.
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May 8- Online media group AOL Inc said on Wednesday that first-quarter revenue grew on strength in its advertising business, but shares sank on concerns that profits were still mostly coming from a shrinking dial-up platform. said Ben Schachter, an analyst with Macquarie Research. "
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*Disney profit beats expectations, Whole Foods ups outlook. NEW YORK, May 8- U.S. stocks edged up on Wednesday, boosted by financial and technology sectors, and were set to scale fresh highs as a rally continued for a fifth consecutive session. The S&P 500 financial sector index rose 0.5 percent with JPMorgan Chase up 1.4 percent at $49.84.
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*Disney profit beats expectations, Whole Foods ups outlook. NEW YORK, May 8- U.S. stocks were modestly lower on Wednesday as investors locked in profits after four days of gains which took equity indexes to fresh highs a day earlier.
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U.S. stock index futures were slightly lower Wednesday, after the Dow and S&P 500 hit record highs in the previous session, and as investors largely shrugged off a better-than-expected trade data from China.
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May 8- Online media group AOL Inc on Wednesday reported first-quarter revenue grew on strength in its advertising business, but shares tumbled on concerns that profits were still mostly coming from a shrinking dial-up platform. said Ben Schachter, an analyst with Macquarie Research. "
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*Disney profit beats expectations, Whole Foods ups outlook. NEW YORK, May 8- U.S. stock index futures pointed to a flat open on Wednesday as investors found little reason to push shares decisively one way or the other, following gains that took indexes to fresh highs a day earlier.
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Revenue from the Huffington Post and other media sites such as TechCrunch and Engadget jumped 14 percent to $189.6 million. AOL has made big bets to coax more ad dollars, such as its 2010 acquisition of Huffington Post for $315 million. Net income rose to $25.9 million, or 32 cents per share, from $21.1 million, or 22 cents per share, in the same period a year ago.
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May 8- AOL Inc reported a rise in first-quarter revenue on Wednesday as the online media group posted a return to growth in display advertising. Total revenue increased by 2 percent to $538.3 million, beating analysts' expectations of $537.1 million, according to Thomson Reuters I/B/E/S.
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The Muse helps potential employees learn more about companies hiring and gets them thinking if they are on the right career path or not.
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*Cowen starts with outperform rating. For a summary of rating and price target changes on U.S. companies: Reuters Eikon users, click on RCH/US Reuters 3000 Xtra users, double-click RCH/US Reuters Station users, click. 1568.
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More than five decades later, Kass might find another sort of celebrity this Saturday when he will have the opportunity to quiz billionaire investor Warren Buffett at Berkshire Hathaway Inc's annual meeting in Omaha, Nebraska. "I had a lot of fun going to the Woodstock music festival on Max Yasgur's farm in Bethel, New York in August 1969.
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More than five decades later, Kass might find another sort of celebrity this Saturday when he will have the opportunity to quiz billionaire investor Warren Buffett at Berkshire Hathaway Inc's annual meeting in Omaha, Nebraska. "I had a lot of fun going to the Woodstock music festival on Max Yasgur's farm in Bethel, New York in August 1969.
