User uShare 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.

55° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options




[0] My Saved Articles
Back to all news


Find local businesses
on the KELO Pages!


Tuesday Morning Business Brief

January 21, 2014, 5:37 AM

Tuesday Morning Business Brief

It's back to work for traders on Wall Street after the long holiday weekend. There are a slew of earnings reports due out today. Some of them could move the market. Investors were not impressed with earnings news on Friday. The S&P 500 slipped seven points, and the Nasdaq fell 21. The Dow rose 41 ½ points thanks to two companies, American Express and Visa. Futures point to a higher opening after a long weekend.

  • International stock markets rose today after China's central bank injected extra credit into its financial system, helping to offset concern about slower Chinese growth. Benchmark crude oil fell but remained above $94 a barrel. The dollar gained against the yen and was barely changed against the euro.
  • Although there are no government economic reports due out today, six large companies will release their quarterly financial results. Delta Air Lines, Halliburton, Johnson & Johnson, Verizon Communications and SAP AG will report earnings before the bell. IBM will report after the market closes.
  • Salt Lake City-based Inc. says it's the first major retailer to accept digital Bitcoins as payment for goods. The $1 billion company is tapping into a new market of buyers who use the online currency, and says other major retailers will lose market share if they don't follow suit. Bitcoin users buy digital money and can buy things online without having to enter their credit card information.
  • Tyson Foods, one of the world's largest meat-processing companies, says it's acquired the assets of Bosco's Pizza Co. of Warren, Mich. Bosco's produces a variety of stuffed bread sticks and frozen pizzas for food service and retail customers throughout the Midwest and at some national retailers. The company will become part of Tyson Foods' Prepared Foods division but continue to operate under the Bosco's name.

Previous Story

Next Story

Find Local Businesses on KELO Pages!

View business

You may also like

First DTSF Incubator Store Open For Business

7/23/2014 6:30 AM

605 Running Co., 124 S. Phillips Avenue, just opened its doors on Friday. It's a big grand opening for the store, but also for Downtown ...

Full Story | Watch
Sioux Falls No Longer Best Small City

7/25/2014 11:12 AM

Sioux Falls is no longer the nation's best small city for business and careers.

Full Story
Fruit From Walmart And Costco May Be Contaminated

7/22/2014 11:23 AM

A Central California company has issued a voluntary nationwide recall of specific lots of its fresh peaches, plums, nectarines and pluots over concern...

Full Story
Third Walmart Preparing To Open In Sioux Falls

7/22/2014 6:10 PM

Sioux Falls latest Walmart store is preparing to open in just a few weeks.

Full Story
Iowa Town Bracing For Closure Of Tyson Foods Plant

7/27/2014 3:31 PM

One small northwest Iowa town is preparing to deal with the loss of 450 jobs this fall when the Tyson Foods plant in Cherokee closes, and business own...

Full Story