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| Top Tax Tips From Zuckerberg's Facebook Bonanza |
| The revelation that Facebook’s Mark Zuckerberg plans to exercise $5 billion worth of stock options before his IPO suggests his 2012 tax bill could be close to $2 billion! See Zuckerberg's 2012 personal income tax bill: $1.5 billion. If size matters, that will make Zuckerberg The Incredible Hulk of Taxpayers. After all, the 400 wealthiest filers only averaged $48 million in federal income taxes in 2009. |
| Can Execs Deduct Legal Fees Above-The-Line? |
| No one likes mounting legal bills. Tax deductions can help, but deductible how? See The Only Good Legal Fees Are Tax Deductible Legal Fees. |
| How To Have A Frugal (And Fabulous) February |
| We're all watching our wallets these days, but Natalie P. McNeal is watching hers a little more closely than most. The blogger and author of The Frugalista Files: How One Woman Got Out of Debt Without Giving Up The Fabulous Life is marking her fifth annual No-Buy Month, a project which has garnered her national media attention and spawned a mini movement among her readers and social media followers. Each year, she swears off all non-essential purchases during February. If it's not grocery shopping or bill paying, it doesn't get done. McNeal initially started the project to get a handle on her own out-of-control spending habits and dig herself out of $20 000 of debt. |
| Daily Wrap: 2/6/2012 |
| Stocks ended their recent winning streak today as investors sold off on another delay in any decision over a Greek bailout. Heading into the last hour of trading, the Dow and Nasdaq were down a quarter of a percent and the S&P 500 was down .13%. |
| Analyst Moves: TEVA, TRI |
| Teva Pharmaceutical (TEVA) was downgraded today by Morgan Stanley (MS) from overweight to equal-weight with a price target of $47, as the firm believes that the stock has gotten ahead of itself recent. |
| Analyst Moves: CFX, FDX |
| Colfax (CFX) was upgraded today by Bank of America/Merrill Lynch (BAC) from neutral to buy with a price target of $42, the the acquisition of Charter should add to the bottom line. |
| This Week in Credit Card News |
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| Negative Treasury Bill Rates Are On The Way |
| Manipulated markets are not taken lightly. If a market lacks integrity, investors quickly shun that market for fear that prices lack accurate “price discovery.” This results in a distrusted, illiquid marketplace that devastates economic activity. |
| Monday Sector Laggards: Advertising, Airlines |
| In trading on Monday, advertising shares were relative laggards, down on the day by about 0.9%. Helping drag down the group were shares of Focus Media Holding Limited (FMCN), off about 3% and shares of Reachlocal (RLOC) down about 2% on the day. |
| Monday Sector Leaders: Shipping, Biotechnology Stocks |
| In trading on Monday, shipping shares were relative leaders, up on the day by about 1.5%. Leading the group were shares of Global Ship Lease (GSL), up about 7.6% and shares of Genco Shipping & Trading Limited (GNK) up about 6.9% on the day. |
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