Archive for July, 2013

U.S. stocks end mixed following Fed; dollar falls

July 31st, 2013

U.S. stocks end mixed following Fed; dollar falls

Trader looks at his screen as he works on floor of the New York Stock Exchange shortly after the beginning of tradingNEW YORK (Reuters) – Wall Street stocks ended a volatile session near flat and the dollar surrendered gains on Wednesday after the U.S. Federal Reserve offered no indication that a reduction in the pace of its stimulus program is imminent. The Fed said it will continue to buy $85 billion in mortgage and Treasury securities per month in its ongoing effort to bolster an economy still challenged by federal budget-tightening and weak growth overseas. Stocks were up before the release of the Fed's policy statement, bolstered by data that showed the U.S. …

Source
Stock Markets News Headlines – Yahoo! News

Murphy Oil Announces Preliminary Second Quarter Earnings

July 31st, 2013

Murphy Oil Announces Preliminary Second Quarter Earnings
Murphy Oil Corporation announced today that net income was $402.6 million in the 2013 second quarter, up from $295.4 million in the second quarter 2012.
Source
Stock Markets News Headlines – Yahoo! News

Herbalife, Anheuser-Busch and Facebook big movers

July 31st, 2013

Herbalife, Anheuser-Busch and Facebook big movers
Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Anheuser-Busch Inbev, up $5.74 to $95.71 The Budweiser maker reported second-quarter …
Source
Stock Markets News Headlines – Yahoo! News

Mexico's opposition party proposes sweeping energy reform

July 31st, 2013

Mexico's opposition party proposes sweeping energy reform
By David Alire Garcia and Adriana Barrera MEXICO CITY (Reuters) – Mexico’s opposition conservative party proposed sweeping energy reform on Wednesday to change the constitution to allow more private investment and promote competition, while the ruling party is expected to present its own plans for an overhaul next week. Both parties favor market-friendly policies in Latin America’s No. 2 economy and are expected to join forces to push through energy reform. …
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Economy News Headlines – Yahoo! News

Universal Power Group Announces Second Quarter 2013 Earnings Release and Conference Call

July 31st, 2013

Universal Power Group Announces Second Quarter 2013 Earnings Release and Conference Call
Universal Power Group, Inc. , a Texas-based distributor and supplier of batteries and related power accessories and a third-party logistics provider, today announced
Source
Stock Markets News Headlines – Yahoo! News

Cleco Corporation ends second quarter with operational earnings of $0.62 per diluted share

July 31st, 2013

Cleco Corporation ends second quarter with operational earnings of $0.62 per diluted share
Receives state regulatory approval to join MISO Affirms 2013 earnings guidance of $2.45 to $2.55 per diluted share   PINEVILLE, La., July 31, 2013 – Cleco Corporation (NYSE: CNL) posted 2013 second-quarter …
Source
Stock Markets News Headlines – Yahoo! News

Stamps.com Announces Record Non-GAAP Earnings per Share of $0.60

July 31st, 2013

Stamps.com Announces Record Non-GAAP Earnings per Share of $0.60
Stamps.com® , the leading provider of postage online and shipping software solutions, today announced results for the second quarter ended June 30, 2013.
Source
Stock Markets News Headlines – Yahoo! News

Closing Bell for Wednesday on Wall Street: Markets Open Higher, Dive to Mixed Close

July 31st, 2013

Closing Bell for Wednesday on Wall Street: Markets Open Higher, Dive to Mixed Close
July 31, 2013: U.S. equity markets opened higher this morning as traders and investors this afternoon’s announcement from the FOMC. In Europe, the unemployment rate in the eurozone was unchanged at 12.1%, …
Source
Stock Markets News Headlines – Yahoo! News

BlackRock starts index series focused on retirement planning

July 31st, 2013

BlackRock starts index series focused on retirement planning
NEW YORK (Reuters) – BlackRock Inc, the world’s largest money manager, is making a push into the retirement market with a new series of indexes and funds geared toward individual investors preparing…


Source
Reuters: Money

Ex-NCAA athletes score court victory over EA video games

July 31st, 2013

Ex-NCAA athletes score court victory over EA video games
(Reuters) – A divided U.S. federal appeals court rejected Electronic Arts Inc’s effort to throw out a lawsuit by former collegiate athletes who accused the company of using their images in video games without permission.
Source
Reuters: Media