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Financial Engines Shares Soar in Trading Debut
The shares closed up $5.25, or 43.7 percent, at $17.25 a piece. Financial Engines’ first-day gain is the third-highest in the past 12 months, coming in behind online restaurant reservation company OpenTable , which rose 59 percent on its first day of trading last May, and battery maker A123 Systems , which climbed 50 percent in its debut in September, the news service noted. |
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Local shares in flat trading
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AUSTRALIAN stocks were marginally in the red amid mixed trading among the major mining and financial stocks. |
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EUR/USD: Trading the U.S. Consumer Price Report
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The U.S. dollar could face increased selling pressures over the next 24 hours of trading as economists forecast consumer prices to grow at an annual pace of 2.3% in February after expanding 2.6% during the previous month, and subdued price pressures may lead the Federal Reserve to maintain a dovish policy stance going into the second-half of the year as the central bank pledges to balance the ... |
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