September 4, 2013 6:41 am
U.S. stocks rose, after recording the worst month since May 2012 for the Standard & Poor’s 500 Index, as better-than-forecast economic data overshadowed concern over possible military action against Syria. The S&P 500 climbed 0.4% to 1,639.77 at 4 p.m. in New York, paring an earlier advance of as much as 1.1%. The Dow Jones […]
Read moreSeptember 3, 2013 11:13 am
US stock-index futures advanced, following the Standard & Poor’s 500 Index’s worst month since May 2012, as investors awaited a report that may show manufacturing expanded for a third month in August. RIA Novosti reported that Russian Defense detected two missiles launched into Mediterranean. Futures on the S&P 500 expiring this month advanced 0.7% to […]
Read moreSeptember 3, 2013 6:59 am
Microsoft Corp. will buy Nokia Oyj’s handset business for 5.44 billion euros ($7.2 billion) as the Finnish company exits a business it once dominated and the maker of Windows moves into hardware to boost growth. Nokia chief Elop, a former Microsoft executive, will return as Microsofts board weighs options for a successor to current CEO […]
Read moreSeptember 3, 2013 6:29 am
European stocks advanced the most in eight weeks as a bunch of Chinese manufacturing activity data exceeded economists’ estimates. U.S. index futures also rose while trading in US took a day off due to Labor day holiday. The Stoxx Europe 600 Index added 1.9% to 302.94 at the close of trading, its biggest gain since […]
Read moreSeptember 2, 2013 11:53 am
Samsung is set to launch its much anticipated new gadget – a smartwatch, on Wednesday, marking a major milestone in the emerging product category amid concerns that the smartphone market has reached its peak. The company has been looking for a fresh niche to boost sales. That, or the news of Apple coming up with […]
Read moreSeptember 2, 2013 9:03 am
European stock markets are trading sharply higher on Monday, benefiting from the likely delay to any military response in Syria after U.S. President Barack Obama decided over the weekend to ask Congress to authorize the mission. The leaders of the House and Senate said they would hold votes on the need for military action in […]
Read moreSeptember 2, 2013 8:16 am
Verizon Communications Inc. should announce an agreement as soon as today to acquire Vodafone Group’s 45% stake in their wireless venture for $130 billion, capping its 10 years-long pursuit of full control of the biggest U.S. mobile phone company. The $130 billion price will be paid in a combination of cash and Verizon stock, according […]
Read moreSeptember 2, 2013 6:56 am
US stock indexes retreated sending Standard & Poors 500 to a 3.1% decline for the month of August amid analysts speculation of bond tapering happening as soon as mid-September. US intentions to strike Syria is another reason for the stock market to slump. The Dow Jones Industrial Average retreated 4.4% to 14810.31 capped by a […]
Read moreAugust 30, 2013 12:01 pm
US stock index futures opened higher today ahead of couple of economic releases that include consumer spending and Chicago-area manufacturing data. Futures for the Dow Jones Industrial Average inched 48 point higher, or 0.18% to 14,865. Those for the S&P 500 index added 1.8 points, or 0.1% to 1,638.20, whole futures for the Nasdaq 100 […]
Read moreAugust 30, 2013 8:41 am
Low wage paid workers at fast-food restaurants are staging protests to demand a pay hike of as much as 100% to $15 an hour in order to help them get in the middle class. “McDonald’s made $5.5 billion in profits,” one labor leader told Yahoo Finance. “There’s plenty of money to pay the workers who […]
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