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.


-2° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Tuesday Afternoon Business Brief

August 28, 2012, 1:15 PM

Tuesday Afternoon Business Brief
  • Stock prices have been firm but little changed today. Ahead of Labor Day weekend, trading is some of the lightest of the year with many investing professionals on vacation.
  • The biggest gainer among stocks in the S&P 500 is Lexmark International, up more than 10 percent. It plans to stop making ink-jet printers and will get rid of about 1,700 employees, or about 13 percent of its work force.
  • The Conference Board says consumer confidence has dropped this month to the lowest since November of last year.  Because of worsening expectations, the group's index fell to 60.6, down from 65.4 in July.
  • The remnants of Hurricane Isaac could bring much-needed rain to some states in the Mississippi River valley this week, but experts say it will not likely break the drought gripping the Midwest. Heavy rain could help traffic on the Mississippi River, where low water levels have been a problem for weeks.
  • The FDIC says U.S. bank earnings rose 21 percent in the April-June quarter.  And as their finances improved, banks were lending more to consumers.

Read more business stories on the KELOLAND.com Back To Business page.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

Stroller Recall Due To Amputation Hazard

11/20/2014 9:45 AM

More than four million strollers sold in the United States are part of a recall.

Full Story
Alco To Close Stores Across South Dakota

11/21/2014 2:03 PM

Several South Dakota cities will soon have one less store.

Full Story
South Dakota Malls Will Open On Thanksgiving

11/21/2014 11:41 AM

Shoppers no longer need to stay up all night to get Black Friday deals.  More stores are opening on Thanksgiving, closing overnight and then reop...

Full Story
Vern Eide Pays It Forward For Thanksgiving

11/22/2014 6:34 PM

Closer to home, families are out buying turkeys as we are less than a week away from Thanksgiving.

Full Story
Sioux Falls Scandinavian Store To Close

11/20/2014 3:30 PM

Holsen Hus, a Scandinavian store on Phillips Avenue in Sioux Falls is closing at the end of the year.

Full Story


Events