welcome: CNBC.com's Evening Brief: Housing Market May Not Be in Much of a Recovery After All

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Tuesday, Mar. 22, 2011

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	Housing Market May Not Be in Much of a Recovery After All France Could Extend Libya Operations Beyond Benghazi The New Retirement: Focus on Foreign Stocks Netflix to Become Cable Company to the World? Buffett Looking at Investing in India, Other Big Countries

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LATEST BLOGS

Reverse Stock Splits Are Usually Good for Investors: Report
According to a new report by Cleve Rueckert, Birinyi Associates senior equity strategist, there have been 14 stocks in the S&P 500 since 2000 that have undergone a reverse stock split. Of those fourteen stocks, twelve were higher one year after the effective date of the reverse split, two were lower. The average gain was a gigantic 62.55%.
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Is Housing Really in Recovery?
You might think gas prices are a lame excuse for another dip in housing, but they're not. In the Spring market, historically, families are looking to move out and up to a larger home. Those homes are usually further from the city center. Transportation costs are most definitely a factor, especially for low to middle income buyers, who happen to make up the bulk of the market.
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Schools Hoping Cinderella Run Funds Facilities
The sudden cashing in on gear gets much of the attention because it’s so visible. But the money from Richmond Spiders gear goes directly to the university, which funds 40 percent of $20 million athletic department budget. The more important comes in through donations earmarked for the athletic department, used for improving facilities.
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