Business Journal Report (4-17-12)

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In business news for Tuesday, April 17th, 2012 -- Apple stock owners can breathe easy -- within the last week, Apple took a nearly $65-per-share hit. Late Tuesday, April 17th, it bounced back by $25-per-share. Experts say Apple's drop isn't that significant.

Milwaukee has come in second place in the running for November's Social Media Symposium. Organizers selected El Paso, Texas over Milwaukee. Both cities still have to submit formal proposals to host the convention.