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Wall St.'s Biggest Head-Scratchers

There was plenty of market news last week to stare blankly at, or scrunch up one's nose in disbelief at the sound of. Among the offending stories: HP's abrupt about-face on the TouchPad tablet; an unannounced rate hike from Redbox in Austin; wishful thinking from GameStop's CEO; and, of course, Google's acquisition of Motorola Mobility.

What Was Wall St. Thinking? (Last Week Ed.)

Last week's puzzling developments on the Street included: Bank of New York alienating its richest depositors; Microsoft and Google fighting like middle-schoolers; DirecTV's CFO making an embarrassing disclosure; and Netflix slowing down as it approached the millionth Canadian milestone.