The Jews of France: A Long History Of Anti-Semitism
In the words of author Emile Zola when he supported Captain Alfred Dreyfus, the French Jewish officer charged with treason: “Dreyfus is innocent. I swear it! I stake my life on it — my honor!”
Facebook Valued At $102.8B After Final Secondary Market Auction
After its final stock trading on the secondary market, Facebook Inc was valued at $102.8 billion.
European Action, Upbeat US Data Drive Results: Daily Markets Wrap
Stocks and other risky assets rallied Friday, rounding out the quarter with even more price gains on a day that encapsulated the main developments of the year so far: encouraging news out of Europe, better-than-expected consumer sentiment in the United States, and the perceived and steady pull of inflation.
Best Buy Closings: How Apple, Wal-Mart and Amazon Are Killing The Electronics Retail Giant
Best Buy has fallen on hard times in a sluggish economy, suffering a dismal drop in sales and an overall $1.2 billion loss over the last fiscal year. The electronics giant announced Thursday that it will close 50 stores and cut 400 jobs at its Richfield, Minn., corporate headquarters, hoping to save $800 million over the next three years in order to stay afloat.
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Euro Zone In Technical Recession: Eurocoin Indicator
The euro zone has fallen into a technical recession, according to Eurocoin, an economic activity indicator, confirming the economic weakness of the battered region.
US Personal Spending Rose 0.8%, Most In 7 Months
Americans spent their hard-earned money a bit more freely in February, the most in seven months, even as income rose only modestly, according to government data released Friday.
US Stock Index Futures Up, Economic Data Eyed
Futures on major US stock indices point to a higher opening Friday ahead of a wave of economic data including core PCE price index and Chicago PMI.
Post-Market NASDAQ Movers (OSUR, GRVY, PACB, DRIV, SABA, ACET, XRTX, VVUS, ARCT, SVNT, RIMM, OREX)
The top after-market NASDAQ gainers Thursday were: OraSure Technologies, GRAVITY Co, Pacific Biosciences of California, Digital River, Saba Software and Aceto Corp. The top after-market NASDAQ losers were: Xyratex Ltd, VIVUS, American Realty Capital Trust, Savient Pharmaceuticals, Research in Motion and Orexigen Therapeutics.
Top After Market NYSE Movers (FSM, MUX, DANG, AH, PSS, SVM, VCRA, BDN, PVA, CPF, FDP, HUM)
The top aftermarket NYSE gainers Thursday were: Fortuna Silver Mines, McEwen Mining, E-Commerce China Dangdang, Accretive Health, Collective Brands and Silvercorp Metals Inc. The top aftermarket NYSE losers were: Vocera Communications, Brandywine Realty Trust, Penn Virginia Corp, CPB Inc, Fresh Del Monte Produce and Humana Inc.
Asian Stocks Down As Japan Industrial Output Retreats
Most of the Asian stock markets ended lower Friday as weaker-than-expected U.S. jobless claims and industrial production data in Japan hurt investors sentiment.
RIM Reports Q4 Loss, CEO Starts Strategic Overhaul As Concerns Mount
Research In Motion Limited, the Canadian smartphone maker, Thursday reported that its fourth-quarter net loss was $125 million, raising concerns about its future and forcing its CEO to announce strategic plans to revamp the company.
European Financial Crisis Provides Scary Lesson For The World
The perception, driven by bonds' performance, that the euro's success would continue unabated was shattered beginning in October 2009, when Greece’s 10-year yields soared to 10.3 percent. Today, U.S. policymakers may be making the same mistake in failing to recognize threats of a coming financial crisis.
Gas Prices Rising 2012: Diesel Exports May Drive Them Higher
Increased profit margins for diesel fuel exported over the past five years have boosted U.S. diesel production and tightened domestic gasoline supplies, contributing to rising gasoline prices in 2012.
Markets Sell Off Despite Positive Jobs Data: Daily Markets Wrap
Positive jobs data from the U.S. and Germany were not enough to keep investors bullish Thursday, as a moderate asset sell-off continued, with traders apparently squaring up their positions in anticipation of earnings season.
Myanmar: A Nation At A Crossroads
Myanmar is eager to rev up its economy with the hard currency that comes with foreign tourists, but officials question just how far to open the doors.
U.S. Mortgage Rates Fall Below 4% On Weaker Housing Data
U.S. mortgage rates fell below 4 percent following disappointing housing data released in the past week, Freddie Mac said Thursday.
German Unemployment Rate Hits Lowest Level in Two Decades
German unemployment rate fell to a record low in March, in contrast to many other nations in the eurozone which suffer from rising unemployment levels, while also showing evidence that growth in the Europe’s largest economy is picking up.
G-7 Recovery ‘Decoupling’ Between Europe, North America: OECD
Economic recovery in Europe and North America is diverging and remains fragile, as Canada and the United States experience steady growth and European economies continue to falter, a report by the Organization for Economic Cooperation and Development said Thursday.
Jobless Claims Fall To 359,000, Lowest Level Since April 2008
Claims for jobless benefits fell to 359,000, but Federal Reserve Chairman Ben Bernanke warned this week that recently improved employment data seem out of sync with the pace of U.S. economic growth.
US Futures Down Ahead of GDP, Jobs Data
Futures on major US stock indices point to a lower opening on Thursday ahead of economic data including final estimates for fourth quarter GDP and initial jobless claims.
Post-Market NASDAQ Movers (CLNT, LORL, UCTT, CHRS, HZNP, QUIK, CEDC, SABA, ONTY, SPPI, BCOV, ARNA)
The top after-market NASDAQ gainers Wednesday were: Cleantech Solutions International, Loral Space & Communications, Ultra Clean Holdings, Charming Shoppes, Horizon Pharma and QuickLogic Corp. The top after-market NASDAQ losers were: Central European Distribution, Saba Software, Oncothyreon, Spectrum Pharmaceuticals, Brightcove Inc and Arena Pharmaceuticals.
Top After Market NYSE Movers (PSS, RHT, VCRA, GWRE, PQ, LF, NCT, AM, FIG, WDC, USG, AVG)
The top aftermarket NYSE gainers Wednesday were: Collective Brands, Red Hat, Vocera Communications, Guidewire Software, Petroquest Energy and Leapfrog Enterprises. The top aftermarket NYSE losers were: Newcastle Investment, American Greetings, Fortress Investment Group, Western Digital Corp, USG Corp and AVG Technologies NV.
Asian Stocks Decline as US Durable Goods, UK Growth Data Disappoint
Asian stock markets ended lower for the second day on Thursday as weaker-than-expected US durable goods orders and an unexpected downward revision of Britain's economic growth weighed on the sentiment.
CafePress Announces IPO At $19 Per Share
E-commerce website CafePress said on Tuesday it will raise $85.5 million through the initial public offering of 4.5 million common stock shares, priced $19 apiece.
Asian Markets Dip On U.S., China Growth Worries
Asian shares eased for a second day in a row Thursday, as investors limited their risk exposures on concerns about growth prospects in the world's two largest economies, the United States and China.
France's Muslims: Integration Or Alienation?
Ahead of next month's French presidential election, incumbent president Nicolas Sarkozy has already complained that there are too many immigrants in France.
Stocks Tank on Lackluster Data, Commodities: Daily Markets Wrap
Stocks fell Wednesday as investors were disappointed by a weaker-than-expected reading on durable goods orders, while a plunge in oil prices dragged energy and material shares lower.
Oil and Gas Industry Can Increase Profits While Reducing Methane Emissions, NRDC Says
While the U.S. oil and natural gas industries are reaping astronomical profits now, they could increase them even more if companies weren't so wasteful, the Natural Resources Defense Council said.
US Housing Outlook Brightens: Urban Land Institute
Experts believe 2012 could mark the beginning of a turnaround for the housing industry, albeit a slow one.
Pennsylvania Fracking Bill Puts Gag Order On Doctors, Union Says
A new law in Pennsylvania has upset some health professionals, who fear they won't be allowed to share information about potential risks of the drilling practice hydraulic fracturing due to confidentiality pacts that protect the oil and gas industries.
Natural Gas Outlook: Do Super-Low Prices Mean It's Time To Buy?
The long-term view on gas is bright, and experts say now is the time to invest in the commodity. Gas prices have fallen sharply in recent years, to as low as $2.18 per 1 million BTU this year.
Oil Drops as US, UK and France Mull Sales From Strategic Reserves
France and the U.K are in talks with the U.S. to release oil from the nations' strategic oil reserves in response to rising gas prices, reports said Wednesday.
WHO: Europeans Named The World's Heaviest Drinkers
People in Europe drink more alcohol than in any other part of the world, downing the equivalent of 12.5 litres of pure alcohol a year or almost three glasses of wine a day, according to report by the World Health Organisation and the European Commission.
U.S. Mortgage Applications Decline 2.7%: MBA
U.S. mortgage applications declined 2.7 percent in the week ending March 23, according to the Mortgage Bankers Association.
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