A surprising drop was seen in Apple’s shares as the company fell by 7% during after-hours trading. This came unexpected by many because the company has performed quite well in the market….
Category: Finance
Income Tax Rate Increase Sparked Debates
On December 31 of this year, income tax rates are set to be increased by a considerable amount. This move left Congress debating on the next step forward. Economists, on the other…
Concerns on European Banks Send Bonds Rising
The status of Europe’s banks is starting to become one of the main concerns for New York investors. Even as the market resumed from a holiday weekend, things still remained gloomy and…
Gold Market Silent as Traders Await U.S. GDP Data
The gold market was as quiet as ever as investors waited on the progress of U.S housing sales and GDP data this week. The metal was regarded as a trusted fallback for…
Second Quarter Report from Warren Buffet Berkshire Hathway Inc
Warren Buffet Berkshire Hathway Inc. reported on Friday yet another depressing record low for this year’s second quarter as the company’s profit fell by 40%. The derivative contracts fell as declining prices…
East Coast heat wave and a surge in the stockmarket may raise gas prices.
NEW YORK – Crude oil is on the slight rise again as it closed at $74 dollars today as the stock market rallied. Drivers still got a break at the pump though…
Blockbuster Continues to Explore Various Recapitalization Opportunities
DALLAS – Blockbuster Inc. A leading provider of media entertainment, today announced that it has entered into a Forbearance Agreement with certain of its senior secured noteholders that provides the Company with…
Staples Launches IGoDigital Product
iGoDigital, the market and technology leader in Personalized Product Recommendations, announced that Staples has replaced its cart-level product recommendations system with iGoDigital. The Internet’s largest office superstore, ranked #2 on the Internet…
AARP Questions Latest ComEd Rate Increase Request
CHICAGO, — The following is a statement by Associate State Director Scott Musser of AARP Illinois: Today, utility giant ComEd submitted a formal rate increase request to the Illinois Commerce Commission (ICC)…
All-new Ford Explorer jumps ahead on the safety curve
All-new Ford Explorer jumps ahead on the safety curve Every driver knows the feeling. You enter a curve too quickly, and suddenly the sense of being out of control takes you to…