User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


63° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Share your Photos, Videos, and Stories on uShare! Click here to get started.

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Friday Morning Business Brief

July 25, 2014, 5:56 AM

Friday Morning Business Brief
NEW YORK -

It's been a mixed week for stocks, and the major indexes ended just about where they began on Thursday. The S&P 500 closed at a new record high, but it gained less than a point, finishing just below 1,988. The Dow edged down less than three points, while the Nasdaq composite dropped a point and a half. That despite more than 3 billion shares being traded on the New York Stock Exchange. Futures point to a cautious opening.

  • International stock markets are mixed today with European exchanges down in early trading while Asian markets gained on falling U.S. unemployment claims.  Benchmark U.S. crude oil fell to just above $102 a barrel. The dollar gained against the yen and inched up against the euro.
     
  • Japan's inflation rate eased slightly in June as a sales tax high stunted demand. The government reports the core consumer price index, which does not include prices for fresh foods, rose 3.3 percent in June, down from the 3.4 percent in May. Meanwhile, in Germany, business confidence is down for a third month in a row amid ongoing concerns about the economic impact of the crises in Ukraine and Iraq. The Ifo Institute survey fell to 108 points in July from 109.7 points in June. Economists had expected a slight rise.
     
  • There's just one government report on today's schedule of economic and corporate earnings reports. The Commerce Department releases durable goods for June this morning. Orders for durable goods fell 1 percent in May, but that was mostly the result of a sharp drop in demand for military equipment. Excluding defense-related goods, orders actually rose.
     
  • A leading advisory firm is telling Sprint shareholders to protest CEO Dan Hesse's $49 million 2013 pay. Institutional Shareholder Services the package is excessive and not tied to performance.  Hesse got a special $18.7 million "retention" award in connection with Softbank Corp. of Japan buying 70 percent of Sprint last year.  The ISS report says that helped put his pay package above three times the median pay for a CEO of a comparable company.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

Historic Sioux Falls Building For Sale

9/15/2014 4:24 PM

The Carpenter Building on South Phillips Avenue in Sioux Falls is for sale for $4.2 million.

Full Story
Sioux Falls Named 41st In Best Small To Midsize Cities List

9/15/2014 1:43 PM

Sioux Falls comes in at number 41 on Livability.com's list of the nation's best small to midsized cities.

Full Story
Unbridled Business

9/15/2014 10:10 PM

Most of us think of successful online retailers as being located in big cities.  But the truth is when your customers are on the Internet, you ca...

Full Story | Watch
Committee Gives Final OK To Rest Stop Rule Changes

9/16/2014 1:22 PM

A South Dakota panel has approved rule changes in multiple state departments that include allowing the Department of Transportation to regulate newsst...

Full Story
Great Outdoor Store Recognized By National Magazine

9/17/2014 3:33 PM

Outdoor USA Magazine is giving high marks to a Sioux Falls store.

Full Story


Events