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Will Facebook Become Irrelevant in 2012?

Posted by Benzinga on December 28th, 2011

According to a Bloomberg article, 625,000 new users join Google's (NASDAQ: GOOG) social network, Google+, everyday. At this rate, the service would have a total of 400 million users by the end of year 2012, which would make it a serious competitor for Facebook.

Chevron To Face Massive Fines

Posted by Benzinga on December 27th, 2011

As one of the largest oil companies not only in the U.S., but in the world, Chevron is used to operating in some less-than-hospitable locations. Angola, Nigeria and Russia are just a few of the places where Chevron does business that aren't exactly top-notch vacation destinations.

Tickers:
BP | CVX | DUG | EWZ | PBR | RIG | XLE | XOM
Tags:
General Market News, XOM, PBR, CVX, xle, RIG, BP, DUG, EWZ

The Associated Press reports a second baby is sick with Cronabacter after reportedly claiming the life of a Lebanon, Missouri newborn. That first newborn, 10-day-old Avery Cornett was preliminarily diagnosed with the rare bacteria after reportedly being fed with the Enfamil baby formula by Meade Johnson.

Tickers:
MJN | PFE | WMT
Tags:
General Market News, PFE, WMT, MJN

In a Benzinga exclusive, ZAGG's chief executive responds to Jim Cramer's negative remarks. On Friday's Mad Money show, Cramer said, “ZAGG [and Skullcandy] sell ancillary products that are ridiculously easily to duplicate … so there's nothing stopping potential competitors from coming in and tearing either of them to shreds.”

Five Corporations Zynga's IPO Could Impact

Posted by Benzinga on December 16th, 2011

Which companies could benefit and which could suffer at the success or failure of Zynga's public debut?

Safe Haven No More: ETFs For Gold's Decline

Posted by Benzinga on December 15th, 2011

Paradise has been lost. At least for the gold bugs.

We're not saying the decade-long bull run in gold is over, but there are ominous signs to that affect. Take the case of the SPDR Gold Shares (NYSE: GLD) for example.

Coke Moving into Middle East Market

Posted by Benzinga on December 14th, 2011

Coca-Cola announced today that it has reached an agreement to buy half of Saudi Arabia's Aujan Industries' drinks business.

Tickers:
BA | DPS | HNZ | KO | LMT | MCD | PEP
Tags:
General Market News, BA, ko, PEP, lmt, MCD, hnz, dps

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