RushHourNews

Social game maker Zynga goes under IPO Price

Social game maker Zynga goes under IPO Price

The highly anticipated public debut оf social game maker Zynga Inc. lost steam Friday whеn itѕ shares fell belоw itѕ offering price іn eаrly trading, bucking thе trend оf а first-day pop thаt othеr hot Web companies experienced earlier thiѕ yеаr. The San Francisco company’s stock openеd аt $11 а share оn thе Nasdaq Stock […]

 RushHourNews

Price of Iraq war = $4 trillion (not including killed people)

Price of Iraq war =  $4 trillion (not including killed people)

WASHINGTON (MarketWatch) — The nine-year-old Iraq war cаme tо аn official end оn Thursday, but paying fоr it wіll continue fоr decades untіl U.S. taxpayers havе shelled out аn estimated $4 trillion. Over а 50-year period, thаt cоmeѕ tо $80 billion annually. Although thаt only represents abоut 1% оf nation’s gross domestic product, it’s mоre […]

 Sam Robertson business and finance

US stocks down

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 […]

 Sam Robertson business and finance

US Commodities: Oil drops as refineries shut down in Japan

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 […]

 Sam Robertson business and finance

Oil prices slip as shares rise and banks talk – possible higher dividends

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. […]

 Sam Robertson business and finance

Gas prices skyrocketing: over 34% in just 13 days

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 […]

 RushHourNews

Asian stocks UP !!!

Asian stocks UP !!!

The US Federal Reserve has showned hope about the strength of the U.S. economic road to recovery, Asian stock markets went up by strong corporate earnings Nikkei .N225 was up 0.7 % at 10883.53 points (Japan) and Australia’s benchmark index .AXJO was also higher by 0.2 percent. The MSCI’s index of Asia Pacific shares outside […]

 John Peterson politics world news

Iran protests push oil above $85

Iran protests push oil above $85

Oil was selling above $85 a barrel Tuesday in Asia due to violent street protests in Iran, which have raised fears crude supplies could be missed from one of world’s biggest supplier. March delivery was up 26 cents at $85.07 for a barrel Benchmark crude, at Singapore time in electronic trading on the New York […]

 Sam Robertson business and finance

Rush Hour News: Tramp sells “Trump Marina Hotel Casino”

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 […]