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Investors are quickly losing interest in the world's most popular social network, which went public last Friday.

 

It was revealed on Wednesday that the government is coming down hard on shoe maker Skechers (NYSE: SKX) due to the deceptive nature of the company's ads which all-but promised that, if you wear their shows, you'll develop a figure like Kim Kardashian or Brooke Burke.

Television networks are shelling out the big bucks to bring the grandest names in the entertainment industry to judge their celebrated talent shows.

Shares of Green Mountain Coffee Roasters (NASDAQ: GMCR) are getting destroyed on Thursday after the company released its fiscal Q2 earnings results on Tuesday afternoon. The company reported EPS of $0.64 versus estimates of $0.64.

Revenues were $885.05 million versus estimates of $971.65 million.

Gross margins in the quarter fell 210 basis points to 35.4 percent.

It was revealed on Monday that Hologic (NASDAQ: HOLX) is set to purchase Gen-Probe (NASDAQ: GPRO) for approximately $3.72 billion. This is an all-cash deal that will see the Bedford, Mass.-based company pay $82.75 for each GPRO share. The move will see HOLX seek to broaden its diagnostics business.

Eaton (NYSE: ETN), a power management company, beat earnings predictions as electronic sales in the Americas climbed 13%.

It was revealed on Friday that Great Wolf (WOLF) saw shares surge after Apollo Global Management (NYSE: APO) raised its bid for WOLF for the second time in a week. APO's offer now tops an offer from KSL Capital Partners.

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