Asian markets gained this week on buoyed investor confidence with indications of an improving U.S. economy and the hopes of an announcement of stimulus measures by China to regain the economic growth momentum.
The top after-market NYSE gainers Friday were MasTec, Oasis Petroleum, Matador Resources, Janus Capital Group and Putnam Municipal Opportunities Trust. The top after-market NYSE losers were Imperva, Ocwen Financial Corp, Radioshack Corp, Game Stop Corp and Permian Basin Royalty Trust.
Chinese conglomerate Wanxiang Qianchao Co. (Shanghai: 000559) is offering a $450 million lifeline to struggling battery manufacturer A123 Systems Inc. (Nasdaq: AONE), but the deal is facing right-wing opposition in the U.S.
Major data releases aplenty are on the economic calendar next week. In the U.S., investors will focus on July retail sales, industrial production, and consumer prices. In the euro zone, second-quarter gross domestic product figures across the major economies and the German ZEW index are the main highlights.
Each week, the International Business Times money team picks three winners and three losers. Our choices are made based upon the amount of money involved and how compelling, dramatic, or just generally interesting the story behind the money is.
The men's basketball team earned a trip to the gold-medal match.
With the Apple iPhone 5 release date reportedly looming on the horizon, information about the coming phone has been leaking everywhere. Now, new photos are allegedly showing the iPhone 5's battery, but could its comparatively small size cause big problems for Apple?
Apple plans to finally launch the iPhone 5 on Sept. 12. Since May, however, photos and pictures of future iPhone components have been popping up around the Internet, and by now, most people think they know what the iPhone 5 looks like. But to what degree can this iPhone evidence be trusted?
The 2012 Editors Poll, released on Friday, solicited data from editors at newspapers, magazines, trade publications and websites. It showed that 61 percent of the editors polled do not believe their publication will increase freelance pay rates in the next 12 months, compared to only 8 percent who thought that an increase is likely.
Spanish police announced they have arrested four members of Mexican drug cartel Sinalao while it was attempting to set up a European foothold in Madrid.
Retailers are using digital monitoring to sharpen their pitches of products and services to specific individuals, adjusting prices and strategically timing offers to catch us when and where we're mostly likely to spend.
The monthly U.S. budget deficit shrank to $69.6 billion in July from $129.4 billion in the same month a year ago, reflecting a rise in government receipts and a drop in spending.
Etsy, the online craft marketplace, is looking to crack down on drug paraphernalia, according to Mashable. Transactions of those pertaining to the sale of drug-related culture and content will be prohibited, in an update that has gone live on the website.
After recovering from near-decade lows in February, a benchmark of how much maritime shippers charge to transport dry goods like steel and coal globally has been swooning to record lows, plunging 31.9 percent in the last month.
Campsite owners in the region have stepped up security to protect campers.
Shares of BlackBerry developer Research in Motion (Nasdaq; RIM) jumped on speculation IBM (NYSE: IBM) might be interested in part of the company. But others like Microsoft (Nasdaq: MSFT) and Oracle (Nasdaq: ORCL), might also want its technology, too.
Police are also investigating six other people, including a government official, who may have been involved in this saga as middle-men in the transaction.
An unusual bump in lobster catches is making fishermen mad as prices fall. And none are madder than those in New Brunswick, who blame their American colleagues -- and quite violently so.
Nintendo may not be able to release its Wii U console in time for the holiday season. Sources connected to the matter have exclusively told CVG that manufacturing issues may stop the gaming company for launching its Wii successor overseas.
MaryAnn Sahoury of New Jersey has filed suit against an Iowa production company after an instructional breast-feeding video she appeared in was taken by a third party and used to create pornography.
The U.S. Department of Agriculture slashed its corn-yield forecast for the year as the Food and Agriculture Organization warns of a potential repeat of the 2007-08 global food crisis.
Facebook (Nasdaq: FB), the No. 1 social networking site, has finally settled charges with the U.S. Federal Trade Commission that it deceived members about their privacy rights. Although it won’t pay a fine, it agreed to be monitored by the FTC for 20 years. If violations are found, it could be subjected to civil penalties up to $16,000 per offense.
Global oil demand growth will fall next year below already very weak levels of 2012 due to a slow-down in economic activity, the west's energy watchdog said on Friday.
A report from Rene Ritchie says Apple plans to release a brand-new "mini iPad" when it launches the iPhone 5 in September. Even though most people can assume a 7-inch "mini iPad" would be able to do most -- if not all -- of the same things a typical iPad can do, there are a few nuances of the tablet's alleged features and specs that may attract -- or repel -- potential customers. Here are seven features, specs, and price rumors we've heard from the iPad Mini so far.
There have been numerous alleged leaks concerning Microsoft’s next-generation Xbox 720, but most of them have focused on the console’s hardware or its release date. However, the latest reportedly leaked bit of information revealed some details on the next iteration of the company’s motion-based gameplay device, known as the Kinect 2.
They’re here now, but they won’t be around forever.
Manchester United Ltd. (NYSE:MANU), one of the world's most storied sports franchises, began publicly trading Friday, but early signs indicated investors were giving a less-than-enthusiastic welcome to the 134-year-old club.
BlackBerry investor Victor Alboini said he welcomed a bid for Research in Motion's enterprise business by IBM, saying it would greatly enhance value of an undervalued asset.
The Bentley Continental Supersports Convertible embodies contradictions: British class and refinement contain the aggression and power of a tiger about to pounce. The Supersports Convertible strives to be perfect, and in most regards it is. Any review of a car of the Supersports Convertible's caliber has to focus on the details or limit itself to five short words: this is a great car.
Would the expressions of grief be as widespread and deep if neo-Nazi Wade Michael Page had shot up a camp filled with illegal aliens from Mexico?
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