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Apple stock breaks $500 level, continuing rally

(AP) -- Apple's stock broke above $500 for the first time Monday. It was the latest step in a rally that began more than two weeks ago, when the company reported staggering sales and profits for the holiday quarter.

Investors clamor for Facebook's IPO

Wall Street is about to get Facebook fever. The social networking giant with nearly 1 billion users is expected to file papers any day now to sell stock to the public. The timing stems partly from federal rules that would ...

Apple briefly passes Exxon as most valuable co.

(AP) -- Apple briefly surpassed Exxon as the most valuable U.S. company after an excellent quarter, though the oil company has regained the lead at the market's close.

Apple shares soar, edges ExxonMobil in market cap

Apple shares soared on Wednesday following blockbuster quarterly earnings and the California gadget-maker leapfrogged over ExxonMobil to become the largest US company in terms of market value.

Investors give 'Farmville' maker a cold shoulder

(AP) -- As its workers celebrated with hot chocolate and cinnamon buns, Zynga saw its stock dinged on its first day of trading Friday - an unexpected turn of events for a closely watched public debut seen as a precursor ...

Report says Facebook seeks $10 billion in IPO

(AP) -- Facebook might finally be laying down the groundwork for a highly anticipated initial public offering, long expected to take place sometime after April 2012.

Big payouts from startups excite Silicon Valley

Everyone dreams of striking it rich - and what they would do with such a windfall. A new house? A fancy car? Maybe designer clothes selected by a personal shopper. For some in Silicon Valley, those wishes may soon come true.

Illegal backdating: Small firms get a free pass

(PhysOrg.com) -- Smaller companies are more likely than larger firms to commit illegal backdating of executive stock options but are less likely to be punished, say researchers at the University of Michigan.

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