Google’s profit down…
The Web search giant, GOOGLE, on Thursday reported an 27% jump in revenue, boost, as well as 18% profit boost, as cash continued to flow directly into Internet advertising. But just what stood out had been Google’s surging costs since the Mountain View, Calif., company attempts to keep forward among an increasingly competitive and fast-changing […]
Oil prices still going up
Crude costs hit their greatest ranges in almost 36 months since NATO increased its air attacks above Libya and since a few of the globe oil producers stated there is little they could possibly do to rein in prices. Benchmark West Texas Intermediate went up forty-nine cents to close at $108.83 per barrel on the […]
US stocks down
U.S. shares sank, eliminating the 2011 earnings for the Standard & Poor’s 500 Index, and also Treasuries rallied when Japan’s atomic situation made worse. The yen increased to a 16-year top vs . the dollar regarding speculation traders will spend money on the forex to fund rebuilding tasks. The S&P 500 erased 2.1 pct to […]
US Commodities: Oil drops as refineries shut down in Japan
Crude oil prices drop as the news of devastation and destruction in Japan continues. This is the first drop in oil prices in a month. The news is based on the information coming in from Japan and Saudi Arabia. The refineries in Japan have shut down and the dissidents in Saudi Arabia have failed to […]
Oil prices slip as shares rise and banks talk – possible higher dividends
The talk is that banks will raise dividends and on this news financial companies have decided to push stock indexes higher on Tuesday. B of A’s head CEO Brian Moynihan spoke to investor’s at a meeting and told them the bank could possibly earn more money over the upcoming years because of their business stabilization. […]
Gas prices skyrocketing: over 34% in just 13 days
As a direct result of the fighting in Libya and the unrest in the Middle East gas price continue to rise at an alarming rate, and analysts don’t see an end anytime soon. Gas is on the rise according to the motorist group AAA. The national average for a single gallon price has risen six […]
Economy intact despite the fact that stocks fear oil issue
The unrest in the Middle East is still giving cues to the stock market here in the US, but quity investors are still holding tight on the belief the economy is strong, so recovery wins the day. As normal, the daily swings for investors turn from good to bad especially on the news of newer […]
Euro DOWN – on Libya’s protests !!!
TOKYO — The euro went down against the dollar and yen Tuesday in Asia on a news that unrest in Libya made business worried about the Middle East’s stability going forward, producing in a sell-off of risk-sensitive stocks. Libyan army forces had started strikes on anti-government protesters, creating more than 200 casualties, it was reported […]
The future of oil prices: oil up due to Libya protests
Crude futures were up to a near-10-day high in Asia Monday, as protests in Libya become more escalating and the U.S. dollar appeared to be pressed by European and Chinese monetary policy. On the New York Mercantile Exchange, light, sweet crude futures for delivery in March traded at $87.38 a barrel at 0650 GMT, up […]
Rush Hour News US reporter beaten in Bahrain
The US network reported: while covering the unrest in Bahrain Early Thursday ABC News reporter was beaten by thugs armed with clubs , Correspondent Miguel Marquez was caught in the crowd and attacked while covering protests in Manama, ABC said. Marquez, who said he was not badly injured, was clubbed while he was on the […]
Rush Hour News: Tramp sells “Trump Marina Hotel Casino”
Trump Entertainment Inc. is selling the Trump Marina Hotel Casino to Landry’s Inc. for $38 million. The Atlantic City, N.J. casino is one of many properties there that have struggled during the economic downturn as consumers tightened spending and hit local casinos instead. Trump Entertainment, which also owns Trump Taj Mahal Casino Resort and Trump […]