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Stocks flat on earnings reports, Boeing news
Stock Market News |
2011/01/18 06:14
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| Stocks are edging higher in midday trading, led by Boeing Co. The aircraft maker reported Tuesday that it expects to deliver its new 787 jet between July and September. Boeing is up 3 percent, leading the 30 companies that make up the Dow Jones industrial average. Stocks had been trading lower in the morning with Apple Inc. and Citigroup weighing on indexes. Apple fell 3.3 percent after saying that CEO Steve Jobs was taking another medical leave. The company will also report earnings after the stock market closes, along with IBM Corp. Citigroup fell 5.3 percent after reporting weak earnings. |
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Investment Fraud Litigation |
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Securities fraud, also known as stock fraud and investment fraud, is a practice that induces investors to make purchase or sale decisions on the basis of false information, frequently resulting in losses, in violation of the securities laws. Securities Arbitration. Generally speaking, securities fraud consists of deceptive practices in the stock and commodity markets, and occurs when investors are enticed to part with their money based on untrue statements.
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