Archive for February, 2013

Oil ends lower as commodities retreat

February 28th, 2013

Oil ends lower as commodities retreat
NEW YORK (AP) — The price of oil fell Thursday, as investors sold off commodities with the stock market surging toward a record high.
Source
Stock Markets News Headlines – Yahoo! News

Stocks edge higher, with Dow nearing record

February 28th, 2013

Stocks edge higher, with Dow nearing record

Todd Ingrili, center, works with fellow traders at the post that handles JC Penny on the floor of the New York Stock Exchange Thursday, Feb. 28, 2013. Stocks turned mixed Thursday after two days of triple-digit rallies. Big-name companies reported higher quarterly earnings and the government said that the jobless claims are falling, but impending budget cuts cast a pall. (AP Photo/Richard Drew)NEW YORK (AP) — The stock market pushed higher Thursday afternoon, sending the Dow tantalizingly close to a record high.

Source
Stock Markets News Headlines – Yahoo! News

A sturdier US economy can withstand budget cuts

February 28th, 2013

A sturdier US economy can withstand budget cuts
WASHINGTON (AP) — As economic policy goes, experts say, the automatic spending cuts that kick in Friday are — to use a technical term — bone-headed.
Source
Economy News Headlines – Yahoo! News

Exclusive: EU likely to fine Microsoft by April – sources

February 28th, 2013

Exclusive: EU likely to fine Microsoft by April – sources
BRUSSELS (Reuters) – EU competition regulators plan to fine Microsoft before the end of March in a case tied to the U.S. software giant’s antitrust battle in Europe more than a decade ago, two people familiar with the matter said on Thursday.
Source
Reuters: Media

Why retailers are pinning hopes on Pinterest

February 28th, 2013

Why retailers are pinning hopes on Pinterest
NEW YORK (Reuters) – After a tough day at work as a publicist in Minneapolis, Becca Bijoch would often indulge in a little retail therapy. She usually headed out to the stores as she did not care…


Source
Reuters: Money

YOUR MONEY-Taxpayers face delays as well as 'sequester'

February 28th, 2013

YOUR MONEY-Taxpayers face delays as well as 'sequester'
NEW YORK (Reuters) – Mark Steber can’t file his taxes. This is especially annoying for a man who is chief tax officer for Jackson Hewitt Tax Service Inc, the second-largest tax preparer in the United…


Source
Reuters: Money

After 2 days of big gains, stocks turn mixed

February 28th, 2013

After 2 days of big gains, stocks turn mixed

Todd Ingrili, center, works with fellow traders at the post that handles JC Penny on the floor of the New York Stock Exchange Thursday, Feb. 28, 2013. Stocks turned mixed Thursday after two days of triple-digit rallies. Big-name companies reported higher quarterly earnings and the government said that the jobless claims are falling, but impending budget cuts cast a pall. (AP Photo/Richard Drew)NEW YORK (AP) — The stock market on Thursday plodded rather than soared, flicking between small ups and downs after two days of triple-digit gains.

Source
Stock Markets News Headlines – Yahoo! News

Stocks inch higher following 2 days of big gains

February 28th, 2013

Stocks inch higher following 2 days of big gains
NEW YORK (AP) — A rally is losing steam on Wall Street as indexes inch higher following two days of triple-digit gains.
Source
Stock Markets News Headlines – Yahoo! News

Domino's profit rises, boosted by new pan pizzas

February 28th, 2013

Domino's profit rises, boosted by new pan pizzas

Poster for Domino's Hand Made Pan Pizza displayed in restaurant window(Reuters) – Domino's Pizza Inc , the second-largest U.S. pizza chain, on Thursday reported quarterly profit above Wall Street's view as U.S. restaurant sales beat expectations with help from its new pan pizzas. The results from Domino's landed at a time when a bevy of U.S. operators, including Burger King Worldwide Inc and Olive Garden parent Darden Restaurants Inc , have warned that the U.S. payroll tax increase, higher gas prices and delayed federal tax returns are taking a bite out of spending on meals away from home. Net income at Domino's rose 22 percent to $37. …

Source
Stock Markets News Headlines – Yahoo! News

Stocks inch higher in early trading on Wall Street

February 28th, 2013

Stocks inch higher in early trading on Wall Street
NEW YORK (AP) — Stocks are edging higher in early trading on Wall Street, held back by a weak economic growth report for the final quarter of 2012.
Source
Stock Markets News Headlines – Yahoo! News