Wall Street Flat Heading Into Holiday Weekend (FB, TLB)

Wall street finished the week on a flat note as investors look ahead to the long Memorial Day Weekend. Some good news came on the domestic front as consumer sentiment continues to rise, reaching it's highest point since 2007. In corporate news, Talbots (TLB) shares plunged after takeover negotiations halted with no resolution. Apple (AAPL) Chief Tim Cook says he will forgoe $75 million in dividends he is owed, an attempt to set an examples for other highly paid executives.
And investors are still fuming over Facebook's (FB) less than stellar IPO one week ago.

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Published on May 25, 2012
By InvestorGuide Staff

Copyrighted 2020. Content published with author's permission.

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