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Tag Archives: Three Months

LinkedIn Stocks Skyrockets 96%!

This has been the biggest since Google. LinkedIn IPO was listed today and its price instantly skyrocketed, it increased by 96%.  Starting at $45 it exploded to $88 within a few hours. But all this has started raising concerns, is this is the start of a new tech bubble ?? At 12:32 pm EDT, LinkedIn shares are up 141% to ... Read More »

Bank of America reports $1.2bn loss

Bank of America has reported a second straight quarterly loss, driven by a $2bn (£1.25bn) writedown of its mortgage business. The bank announced a net loss of $1.2bn in the last three months of 2010, compared with a $5.2bn loss a year ago. However, last year’s results included a $4bn charge related to the government’s Troubled Asset Relief Program (Tarp). ... Read More »

Irish economy shrinks by 1.2%

It has come as a surprise to many. The Irish economy has actually shrunk by 1.2% while everyone was expecting it grow. The Irish Republic’s economy shrank in the second quarter from the previous three months. Gross domestic product (GDP) fell 1.2%, the Central Statistics Office said. It also revised down its measure of growth in the first quarter to ... Read More »