Former Madoff Employees Found Guilty; Apple and Comcast May Team Up
The Dow Jones and S&P 500 ended the day slightly down, while Nasdaq fell over 47 points. It appears that Apple (AAPL) and Comcast (CMCSA) may be teaming up to offer live TV and an on-demand video service through Apple's new set-top box. It seems that if this partnership comes to fruition, it would be mutually beneficial and would reach a large audience. Microsoft (MSFT) is trying to encourage its current customers to trade up by offering a $100 credit.Current Windows XP users can use this $100 credit to purchase a new computer, the only catch is that it must be used to upgrade to a new Windows 8 computer. Today, 5 former employees of Bernie Madoff were found guilty of fraud. It is believed that these 5 employees were aware of the Ponzi scheme that Madoff was running and aided him and profited from the large scale fraud.
Word on the Street
Published on Mar 24, 2014By InvestorGuide Staff