InvestCorrectly.com Blog

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Sysco to buy US Food for 3.5B in stock and cash

Sysco Corp. (SYY) said it would buy US Foods for $3.5 billion in stock and cash. The combined 65 billion dollar in revenue food distribution giant will have increased leverage selling and distributing food...

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Bitcoin continues it’s wild and crazy ride

Today the world’s gold stock is about 170,000 metric tons. If all of this gold were melded together, it would form a cube of about 68 feet per side. (Picture it fitting comfortably within...

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U.S. Grows at 3.6% Pace in 3rd Quarter

U.S. Grows at 3.6% Pace in 3rd Quarter but no one is getting too excited as underlying figures suggest slower growth in the final months of the year. Gross domestic product, the broadest measure...

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Apple China Mobile have no agreement (Updated)

Update: China Mobile has responded to the WSJ’s report by stating it’s “still negotiating with Apple” After a web site earlier in the week was exposed showing a pre-order for the iPhone for China...

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Judge rules Detroit may file for Bankruptcy

Detroit is eligible for the biggest municipal bankruptcy in U.S. history because the city is broke and negotiations with its thousands of creditors were unfeasible, a federal judge said on Tuesday in a wide-ranging...