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.


82° 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.

Severe weather for Overnight July 5th - July 6th, 2015

Severe Weather Outlook

Severe Weather

State Radar


Click here for local closings & delays

Send photos to ushare@keloland.com

Storm Center Update

 

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Thursday Morning Business Brief

July 24, 2014, 6:28 AM

Thursday Morning Business Brief
NEW YORK -

Corporate financial results have been strong so far this earnings season with most companies beating expectations. Yesterday, however, they pulled the indexes in different directions. Investors had positive earnings from the technology industry to weigh against disappointing news from Boeing. The S&P 500 posted a new record high at 1,987.01. However, Boeing dragged the Dow lower. The aircraft maker's shares fell 2 percent, and the bluechip index finished down nearly 27 points at 17,086.63.

  • World shares are rattled today by reports the European Union is weighing stiffer financial sanctions against Russia, following the shootdown of a Malaysia Airlines plane over a part of Ukraine controlled by pro-Russia separatists. Asian stocks closed mixed, with Hong Kong's Hang Seng up 0.7 and South Korea's Kospi down 0.1 percent. The Nikkei slipped 0.3 percent. European markets opened lower, and Wall Street appears poised for losses with Dow futures and S&P 500 futures both 0.1 percent lower.
     
  • China's manufacturing rose in July to its highest level in 18 months. That's considered a sign that mini-stimulus measures to shore up growth in the world's No. 2 economy have taken hold. The preliminary HSBC purchasing managers' index rose to 52.0 in July from 50.7 in June on a 100-point scale on which numbers below 50 indicate contraction. That's the highest reading since January 2013.
     
  • The government has its usual weekly reports on jobless claims and mortgage rates today, along with the monthly report on new home sales. There's a long list of companies releasing quarterly financial results this morning. They include Ford and General Motors, Caterpillar, 3M, American and Southwest Airlines and Union Pacific.
     
  • Facebook is on a roll. The world's largest online social network posted sharply higher earnings after the market closed yesterday. The company's revenue from mobile advertising continued to grow, while more people used Facebook, more often. The company earned $788 million, or 30 cents per share, in the April-June period. That's more than double its numbers from the same time last year.

Previous Story

Next Story




Sponsored

 


View business

You may also like

Presidential Proposal Would Expand Overtime Pay

6/30/2015 7:08 AM

Obama is unveiling a proposal to require overtime pay for workers who earn up to $970 per week, up from the current $455 threshold.

Full Story
Moe's Southwest Grill Selects Sioux Falls Location

6/29/2015 12:41 PM

You will soon have a new option for chips and salsa, salads and tacos in Sioux Falls.

Full Story
New Outdoor Venue For Falls Park West

6/29/2015 5:07 PM

Mayor Mike Huether's Capital Improvement Plan includes $2.5 million for the Levitt project.

Full Story | Watch
New Laws Bring Changes To Commercial Driver's Licenses

7/1/2015 6:52 AM

The new regulations raise the minimum age to apply for a commercial driver's license from 16 to 18.

Full Story
Greek Banks Closed, ATM Withdrawals Limited

6/29/2015 7:58 AM

French President Francois Hollande says France has "nothing to fear" from an eventual Greek departure from the eurozone.

Full Story


Events