Nasdaq OMX posted its second-best quarter ever on a non-GAAP basis Wednesday, in a declining volume environment. Bob Greifeld spoke to Maria Bartiromo in a CNBC exclusive interview.
Munis may look attractive after all. Data suggests year-to-date through end of third quarter, the municipal market has experienced fewer than $1 billion in par value worth of defaults.
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Yahoo! shares enjoyed a small gain today on Alibaba’s “interest” in Yahoo. The stock has been on a steady decline, down nearly 20% year-to-date. Yahoo’s board is currently searching for a new CEO after firing Carol Bartz.
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The Coca-Cola Company has been an iconic global brand since 1886. CEO Muhtar Kent gave us his take on the global economy and new waves of innovation. Kent told Maria Bartiromo “We are in a business where we’re selling moments of pleasure a few cents at a time.”
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Freeport McMoran Copper and Gold has certainly felt the impact of an uncertain housing market. Copper is a key component for used for wiring and new plumbing in new construction. This has affected the copper producers, including Freeport McMoran Copper.
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As President Obama called on Congress today to adopt his “balanced” plan on entitlement cuts, tax increases and war savings to reduce the federal deficit. Former President Bill Clinton sat down with Maria Bartiromo today to discuss jobs, global economies ahead of his annual Clinton Global Initiative Meeting in New York.
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House Speaker John Boehner is calling for tax reform. In a speech today at the Economic Club of Washington, Boehner stressed the need to close loopholes and not raise income taxes that would hurt job growth.
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IMF Managing Director Christine Lagarde made remarks at The Ronald Reagan Building in Washington ahead of the annual meetings of The World Bank and IMF. Lagarde said, "It is a dangerous phase of the crisis. But equally I think there is a way out and path to recovery."
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Hedge Fund juggernaut, Tiger Management delivered gains of annualized returns of 32% each year between 1980 and 1988. Julian Robertson spoke exclusively with Maria Bartiromo about his investments worldwide. Robertson believes that the tech boom is still going strong, global stocks are cheap and he's looking for opportunities around the globe.
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