Asian Stocks Gain On Stimulus Expectations
Most of the Asian markets rose Monday as investor confidence was lifted by the hope that the central bank around the globe would announce stimulus measures to regain the economic growth momentum.
Week Ahead: Asian Markets May Gain On Stimulus Hopes
Asian markets are expected to begin the week on upswing gains on the speculation of further stimulus measures from the central banks around the world to boost the fragile global economy. Most Asian markets ended last week on a negative note as investor confidence was weighed down by the mounting concerns over the euro zone debt crisis.
Now Hiring: TV Newsrooms - Near Record Employment For Broadcast Biz
Employment in the television-news industry is the highest it has been since 2000, according to the Radio Television Digital News Association, a journalism trade group for electronic media.
'Are We Almost There?' Is It The End Of The Great American Road Trip?
Some blame oil. Others blame a loss of pleasure in the roads. Researchers call it “peak travel.” Whatever the reason, one thing's clear: Americans are not driving their cars as far away from home as they used to.
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Top Post-Market Nasdaq Movers (Meru, Lincoln Electric, Amkor, Amarin, WisdomTree , Alaska Communications, Ironwood, Mid-Con)
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Top After-Market NYSE Movers (Sprint Nextel, Belo Corp, Green Dot, Sauer-Danfoss, Tata Motors, Owens & Minor, Infoblox)
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Weekly Roundup: Asian Markets Fall On Euro Zone Fears
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Winners And Losers: Weill's Change Of Heart, Zynga's Shrinking Profits
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CNN President Resigns As Network Struggles With Ratings, But It's Still A Cash Cow
The president of CNN Worldwide, Jim Walton, said he would resign at the end of the year as the cable television network struggles with falling ratings.
Culture Suffers From European Austerity: Famed Vienna Opera Ordered To Cut Costs
Austrian media reports that the opera will likely have to raise ticket prices.
Why China Is Compounding The Woes Of A Sagging US Job Market
The influx of millions of conscientious and low-cost Chinese graduates in the global job market could exacerbate the woes of a U.S. job market that is already staggering from high unemployment.
Cost Of A Human Life In India: $3.60
The premature baby needed the incubator in order to survive and died shortly after being taken away from the life-saving machine.
GDP Numbers Mean No Change In Nation's 8.2% Jobless Rate: Analysts
The U.S. economy grew more slowly in the second quarter than in the first three months of the year as consumers, struggling with a softening jobs market, spent less, the Bureau of Economic Analysis said Friday.
London Olympics: 1948 Games Were An Ode To Stark Austerity
Rationing was so severe, that British athletes were forced to consume whale meat for sustenance.
US GDP Growth Slowed In 2Q To 1.5% On Weak Consumer Spending
U.S. GDP grew 1.5 percent in the second quarter, slightly better than economists expected but less than the previous quarter's growth and not enough to bring down the unemployment rate, the Bureau of Economic Analysis said Friday.
These Signs Say The US Labor Market Is Healing
While all the headlines in recent months have been devoted to highlighting the "sluggishness" of job creation, the U.S. labor market is actually actively stitching together its wounds.
Pre-Market Movers (Expedia, Barclays, Synacor, Amgen, Nokia, Starbucks, Facebook, Logitech, Newmont, Zynga)
Expedia Inc, Barclays Plc, Synacor, Amgen, Nokia Corp, Starbucks Corp, Facebook, Logitech International, Newmont Mining and Zynga Inc are among the companies whose shares are moving in the premarket trading Friday.
ICICI Bank Q1 Profit Jumps 36 Percent, Beats Forecast
ICICI Bank(ICBK.NS), India's top private lender, posted on Friday a 36.3 percent jump in quarterly profit, its strongest growth in more than a year, helped by robust loan growth, high fee income and better asset quality.
ICICI Bank Profit Up 36 Percent, Exceeds Analysts' Expectations
ICICI Bank, India's top private lender, Friday reported a 36 percent increase in its net profit in the first quarter of the financial year 2012, exceeding the market expectations.
Mario Draghi's Comments Lift Asian Stock Markets; Samsung Rallys On Record Profit
Asian stock markets rallied Friday as comments from European Central Bank (ECB) president raised hopes for further central bank action in Europe to alleviate the sovereign debt crisis.
Stimulus Measure Speculations Buoy US Stock Futures
U.S. stock index futures point to a higher opening Friday following expectation among investors that central banks around the world will announce stimulus measures to regain the economic growth momentum.
European Markets Gain On Stimulus Hopes
Most European markets rose Friday amid hopes of stimulus measures to boost the economy after the European Central Bank promised to take steps to protect the euro.
Japan Retail Sales Growth Retards In May
Japan’s retail sales growth slowed down in June as compared to May, indicating that private consumption being affected by the faltering global economic conditions.
Asian Markets Rise On Draghi’s Comments
Asian markets rose Friday as investor sentiment turned positive following the promise from European Central Bank to take necessary steps to save the euro zone from collapsing.
Top After-Market NYSE Movers (Netsuite, Rentech Nitrogen, Foot Locker, Cash America, Green Dot, Fortune Brands, Newmont Mining, Renren)
The top after-market NYSE gainers Thursday were Netsuite Inc, Rentech Nitrogen Partners, Foot Locker, Cash America International and ENSCO plc. The top after-market NYSE losers were Green Dot Corp, Fortune Brands Home & Security, Superior Energy Services, Newmont Mining Corp and Renren Inc.
Starwood Hotels Remains Bullish On China
Starwood Hotels & Resorts Worldwide Inc. (NYSE: HOT), which operates the Sheraton, Westin and W hotel brands, is moving ahead with its expansion in China, even as the world's second-largest economy suffers a recent slowdown in growth.
Horrible GDP Numbers In UK Leave Economists Incredulous
The latest figures on U.K. GDP, released this week, were so demoralizingly bad that some economists and market-watchers are simply refusing to believe them, suggesting they are the result of a statistical anomaly and will be subject to large upward revisions soon.
Facebook Earnings And Zynga Shares Plunge: "Farmville" Maker Lashes Out At Social Media Giant Over Poor Figures
As analysts began to eagerly predict Facebook earnings--its first as a public company--the social media giant's close ally Zynga posted dramatic losses, leading many to question the future the two tech companies may have together.
U.S. Mortgage Rates Keep Falling -- And That's Bad News For The Economy
The 30-year U.S. mortgage rate fell to new record low of 3.49 percent in the week ending Thursday, an unprecedented 1.06 percent below last year's value of 4.55 percent, according to mortgage financier Freddie Mac, with the drop reflecting growing concern over the economy.
British Kids Drinking, Drugging And Smoking Less
The proportion of kids who drank at least once a week plummeted from 20 percent in 2001 to 7 percent last year.
US Shale Gas Boom Won’t Boost GDP Growth, Job Gains
The U.S. shale gas boom will not lead to a near-term surge in U.S. gross domestic product growth or to a substantial decline in the unemployment rate, according to HSBC Chief U.S. Economist Kevin Logan.
US Initial Jobless Claims Fall To 353,000 Due To Volatile Auto Jobs
The number of Americans filing new claims for jobless benefits fell last week to near a four-year low, a hopeful sign for a labor market that has shown signs of weakness.
Pre-Market Movers (Whole Foods, Unilever, Zynga, Facebook, Alcatel, Siemens, Telefonica, Groupon)
Whole Foods Market, Unilever, Zynga Inc, Alcatel Lucent, Siemens AG, Telefonica S.A, Facebook and Groupon Inc. are among the companies whose shares are moving in the pre-market trading Thursday.
Local Governments Seek Eminent Domain To Solve Mortgage Crisis, But Legality Is Contested
Some of local governments are turning to a new tool to fix the problem, known as underwater mortgages: seizing the loans through eminent domain and enacting principal reductions, a move that is attracting praise and controversy.
US Stock Futures Signal Lower Open Ahead of Jobless Claims, Durable Goods Orders
U.S. stock index futures point to a lower opening Thursday ahead of the Department of Labor's weekly jobless claims data and the Census Bureau's the durable goods orders data.
Asian Stock Market Advance On Easing Hopes
Asian stock markets advanced for the first time in five days on Thursday as disappointing U.S. housing data boosted hopes for further monetary stimulus from the Federal Reserve.
Top After-Market NYSE Movers (Terex, Trinity, Skechers, Inphi Corp, Ferro Corp, Ruby Tuesday, Las Vegas Sands, Renren)
The top after-market NYSE gainers Wednesday were Terex Corp, Trinity Industries, Skechers U.S.A, Thompson Creek Metals Company and Inphi Corp. The top after-market NYSE losers were Ferro Corp, Ruby Tuesday, Las Vegas Sands, Renren Inc and Newcastle Investment Corp.
South Korea's GDP Growth Slows Down To 0.4% In Q2
South Korea's economic growth slowed down to 0.4 percent in the second quarter compared to previous three months, weighed down by the faltering global economy and the intensifying debt crisis in the euro zone, data released by the Bank of Korea Thursday showed.
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