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.


36° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Keep an eye on slick roads through Tuesday  Download StormTracker

 

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Monday Afternoon Business Brief

July 7, 2014, 11:35 AM

Monday Afternoon Business Brief
NEW YORK -

Stocks are lower in morning trading as investors look ahead to corporate earnings this week. The Dow closed above 17,000 for the first time Thursday, following a surprisingly strong June jobs report. While lower, the Dow remains above 17,000. The S&P 500 and the Nasdaq composite are down too.

  • "We're pretty stoked." That's what an investor in Top Shelf Cannabis told The Associated Press in the wee hours of the morning, after receiving an email from Washington state granting his business a license to start selling marijuana tomorrow. The state Liquor Control Board has issued licenses to two dozen stores so far.
     
  • Archer Daniels Midland is paying about $3 billion to buy a privately held Swiss company. Wild Flavors supplies natural ingredients to the food and beverage industry. ADM says the deal expands its ability to serve the evolving needs of its customers. ADM's main business is processing corn, soybeans and other crops for everything from animal feed to ethanol.
     
  • Shares of BioDelivery Sciences International are surging after the drug developer said its treatment for severe pain fared better than a placebo in another late-stage study. The company says the trial triggered another $10 million milestone payment from Endo International, which has a licensing agreement with BioDelivery. BioDelivery's stock is up more than 14 percent in morning trading.
     
  • Investors will get a sense of how corporate profits are faring as earnings season kicks off tomorrow. Aluminum mining giant Alcoa reports its quarterly financial results after the market closes tomorrow.

Previous Story

Next Story




Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

Cliff Hangers Gallery Closes; Customers Want Items Back

12/15/2014 10:10 PM

For more than two decades, Cliff Hangers Gallery has been a fixture in Sioux Falls.  A couple of years ago, the business moved from Park Ridge Ga...

Full Story | Watch
What Will Cost More/Less In 2015

12/16/2014 1:36 PM

Industry experts say gasoline prices will continue to fall in 2015, but other prices are expected to rise.

Full Story
Denny Sanford To Donate $25 Million For Scholarship Program

12/16/2014 4:30 PM

Philanthropist T. Denny Sanford is donating $25 million to South Dakota for a scholarship program for the state's technical schools.&nbs...

Full Story
Denny Sanford's Multi-Million Solution To Worker Shortage

12/16/2014 10:04 PM

Sanford's money provides half of the funds for a $50 million scholarship program at the state's technical schools to train workers to fill job...

Full Story | Watch
Sioux Falls Business Battles Bacteria

12/18/2014 10:05 PM

Imagine if any kind of bacteria, virus or mold that landed on a medical scrub suit was killed on contact.

Full Story | Watch


Events