Microsoft to HOST Election 2012 on Xbox LIVE and 4 Hot Stocks Trading Today

Facebook, Inc. (NASDAQ:FB):  In a letter to the Securities and Exchange Commission, Citigroup (NYSE:C) called for a rejection of Nasdaq OMX Group’s (NASDAQ:NDAQ) plan to make up some losses for firms that were involved in the exchange operator’s handling of Facebook’s (NASDAQ:FB) initial public offering in May. The bank charged that Nasdaq was “hasty” and “self-interested” in their management of the IPO. Shares of Facebook, Inc. are trading at 0.72% higher today.

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AT&T, Inc. (NYSE:T):  Two smaller wireless companies, T-Mobile and MetroPCS, announced unlimited-data offerings this week as they try to compete with AT&T, Inc. and Verizon.  This marks a comeback for unlimited wireless data after the two largest companies stopped offering these plans to customers. Shares of AT&T, Inc. are trading at 0.01% lower today.

Nokia Corporation (NYSE:NOK):  The Verge reported that Nokia is planning to take the wraps off two new Lumia handsets that are code named “Arrow” and “Phi.”  AT&T will be the main carrier.   Shares of Nokia Corporation are trading at 6.77% higher today.

 Big Lots (NYSE:BIG):  After Big Lots Inc. said their second quarter net income tumbled 38% and slashed their profit prediction for the full year, the discount retailer’s shares declined another 18%.  The company also announced a shakeup in their executive ranks.

Microsoft (NYSE:MSFT):  Today, Microsoft Corp. announced the “Election 2012 Hub on Xbox LIVE,” a unique opportunity for Xbox 360 owners to watch and interact with live election coverage of the presidential debates, learn the facts about the candidates, hear the issues from Face the Facts USA, register to vote through Rock the Vote, and participate in live daily polling from YouGov. will deliver daily election programming to keep users up-to-date.  Members will be able to fully access the first wave of content, which will focus on convention-related news, beginning Monday, Aug. 27.

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