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Good morning the bulls roared back for the long holiday weekend sitting stocks higher across the board on Tuesday.
Investors took heart from signs that Greece will stay in the Euro zone and that China will take fresh steps to boost its economy.
And that -- -- a disappointing news that housing prices keep dropping here in the US.
28 of thirty Dow stocks rose as the benchmark posted a triple digit game.
Today investors look for earnings from Tivo and Lionsgate films the -- behind Hunger Games and the -- TV series.
And plus we'll get an update on pending home sales contracts to buy they expected to -- up slightly from last month.
FaceBook may be earning a new status among investors out of failed IPO the stock has lost about a quarter of its value just seven trading days since going public.
Sinking to new lows yesterday.
Questions still about about the social networks slowing profit growth rate and questions about whether FaceBook and its -- shared that information widely enough.
Is at the heart of investor losses.
Now there are reports of FaceBook may build its own phone possibly buying Blackberry maker Research in Motion which is hired bankers for a strategic review.
Other reports say FaceBook made by Norway's opera for its mobile operating system.
That could be a billion dollar deal even as the Federal Trade Commission is reportedly asking for more information about Facebook's proposed.
One billion dollar -- a photo sharing site -- to ground.
Some of the biggest American and European companies are hoarding one point two trillion dollars in cash they may be missing out on opportunities to better use that cash at least according to a leading accounting firm.
Ernst and young found 2000 the biggest US and European firms for keeping -- 7% of their aggregated sales tied up in working capital -- sort of cutting debt.
Paying more to shareholders or speeding up growth.
The cash returns little can be eroded by inflation but the company still -- fresh credit squeeze or in other economic downturn.
That's business for more of the day's top stories log on to foxbusiness.com.
In New York I'm Robert --
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