NewsFeeds 1.28.11

Monarch Financial earnings climb 44% in fourth quarter (Virginian-Pilot)
Monarch Financial Holdings Inc., citing strong loan growth and robust mortgage activity, reported a more than 44 percent jump in fourth-quarter net income on Thursday. Earnings for all of 2010 rose 23 percent.

LinkedIn Files Papers to Go Public (NY Times)
The social network for professionals filed a prospectus for an initial public offering on Thursday, becoming one of the biggest of a new generation of Internet companies to seek a public stock listing.

Can Lifesta Raise $1.5 Million? (Inc.)
Lifesta lets people resell their unused Groupon coupons. Can it raise $1.5 million to launch a national marketing campaign?

USAA succeeds in retail banking (Fortune)
The military-focused financial services company is growing fast – so fast that the likes of Chase and Wells Fargo are taking notice.

The Weekly Wind-Down:Prince Fielder Explains Complexities Of Salary Arbitration Using Cheeseburgers (Onion)
In an effort to clarify complicated financial negotiation procedures, Brewers first baseman Prince Fielder enthusiastically explained the intricacies of salary arbitration to reporters Wednesday by representing important elements of the process with dozens and dozens of cheeseburgers.

Monarch Financial earnings climb 44% in fourth quarter (Virginian-Pilot)
Monarch Financial Holdings Inc., citing strong loan growth and robust mortgage activity, reported a more than 44 percent jump in fourth-quarter net income on Thursday. Earnings for all of 2010 rose 23 percent.

LinkedIn Files Papers to Go Public (NY Times)
The social network for professionals filed a prospectus for an initial public offering on Thursday, becoming one of the biggest of a new generation of Internet companies to seek a public stock listing.

Can Lifesta Raise $1.5 Million? (Inc.)
Lifesta lets people resell their unused Groupon coupons. Can it raise $1.5 million to launch a national marketing campaign?

USAA succeeds in retail banking (Fortune)
The military-focused financial services company is growing fast – so fast that the likes of Chase and Wells Fargo are taking notice.

The Weekly Wind-Down:Prince Fielder Explains Complexities Of Salary Arbitration Using Cheeseburgers (Onion)
In an effort to clarify complicated financial negotiation procedures, Brewers first baseman Prince Fielder enthusiastically explained the intricacies of salary arbitration to reporters Wednesday by representing important elements of the process with dozens and dozens of cheeseburgers.

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