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Posted: Wed, December 31st, 1969
Last updated: Wed, December 31st, 1969

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Industry News
provided by MSNBC

Facebook Beats Estimates, CFO to Step Down

Facebook's stock first dropped, then rose, after the company reported earnings that beat investor expectations Wednesday.Chief Financial Officer David Ebersman also said he would step down from the company on June 1, to be succeeded by David Wehner, former CEO of Zynga.

Stocks Mixed at Opening, Boeing's Shares Take Off, AT&T Drops

Stocks were mixed on Wednesday, with Wall Street retreating after a sixth day of gains for the S&P 500 and Nasdaq, as Wall Street gauged earnings from companies including Boeing and AT&T and awaited quarterly results from Apple.

Apple Profit Beats Forecast, Splits Shares and Boosts Dividend

Apple posted quarterly earnings and revenue that topped estimates Wednesday and announced a 7-for-1 stock split and an 8-percent dividend increase.The news sent Apple stock soaring over 7 percent in after-hours trading.The company reported earnings of $11.62 a share, on revenue of $45.6 billion.

Graduate Students, We Want to Hear From You

Current and former graduate students, we want to hear from you for an upcoming project.When you were faced with the tuition for your graduate program, did you opt to take out loans to get you through? Why or why not?

Zynga Founder Mark Pincus Steps Down From All Operational Roles

Pincus, who founded the social gaming company in 2007, will no longer have employees under his purview.