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.


81° 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!

 

Monday Afternoon Business Brief

July 21, 2014, 2:17 PM

Monday Afternoon Business Brief

The stock market has been drifting lower today. The attention of investors is still focused partly on the tensions between Russia and the West over the downed plane in Ukraine. Jack Ablin of BMO Private Bank in Chicago says the earnings reports are "coming through quite nicely," but that "geopolitics trump earnings today."

  • U.S. airlines have been adding jobs for six straight months, though the gains aren't big ones. The Department of Transportation says the nation's passenger airlines had the equivalent of 385,000 full-time workers in May, up 1.1 percent from May 2013. That's the highest level since September 2012. Delta, American, US Airways and JetBlue added jobs while United shrunk 2.5 percent and Southwest slipped by 0.3 percent.
     
  • Hasbro reports profit that decreased by 8.2 percent in its second quarter, missing analysts' expectations. Hasbro says net income decreased to $33.5 million, or 26 cents per share, from $36.5 million, or 28 cents per share, in the same quarter a year ago. The company says revenue rose 8.2 percent to $829.3 million from $766.3 million in the same quarter a year earlier, and missed Wall Street forecasts.
     
  • Toy company Mattel is ramping up its efforts to bring Thomas & Friends products to consumers, rolling out a new direct-to-consumer catalog and website. Mattel Inc. said today that it is also teaming with 20 independent specialty retail stores to sell the Thomas & Friends Wooden Railway goods. Toys R Us will serve as the exclusive national chain.
     
  • Six Flags reports earnings that climbed by 40 percent in its second quarter. The results match analysts' expectations. The Grand Prairie, Texas-based company says earnings rose to $66.3 million, or 67 cents per share, from $47.4 million, or 47 cents per share, in the same quarter a year ago. Revenue increased 3.5 percent to $376.6 million from $363.7 million, in the same quarter a year ago, and missed Wall Street forecasts. Six Flags shares have climbed $4.18, to $41 since the beginning of the year.

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
SF Judge Considering Another Walmart Lawsuit

9/19/2014 5:41 PM

Homeowners believe the City of Sioux Falls didn't live up to its promise of having a conditional use permitting process for the new store proposed...

Full Story | Watch
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