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.


69° 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!

 

Saturday Business Brief

April 7, 2012, 11:45 AM

Saturday Business Brief

Stocks lost ground during a holiday-shortened trading week. The Dow was down 152 points, or 1.1 percent. The S&P fell 0.7 percent, while the Nasdaq shed 0.4 percent.

  • Earnings reports begin to be the focus for Wall Street in the week ahead. The first of Dow components to report, Alcoa, weighs in with its quarterly report on Tuesday. Overall, analysts expect first quarter earnings for the group of S&P 500 companies to be down 0.1 percent compared to a year ago.
  • Economists were disappointed by Friday's jobs report from the Labor Department. The government says the economy added 120,000 jobs in March, down from a pace of more than 200,000 in each of the previous three months.
  • Ford is recalling more than 140,000 Focus compact cars because the passenger side windshield wiper can fail. Federal Safety regulators say a seal in the wiper motor wiring may be missing. Water can get inside and cause the wiper to stop working, increasing the risk of a crash.
  • Union contracts for 40,000 AT&T workers expire at midnight tonight, leaving them free to call a strike to pressure the company at the negotiating table. The workers are on the shrinking local-phone and long-haul data side of the business, and located mainly in the Midwest and California.

Previous Story

Next Story




Sponsored
 

View business

You may also like

Takata Air Bag Recall Becomes Biggest Ever In US

5/20/2015 5:19 AM

Takata's decision to add more than 18 million air bags to existing recalls comes following pressure from U.S. safety regulators.

Full Story
South Minnesota Ave. Burger King To Be Torn Down For Strip Mall

5/19/2015 2:06 PM

Demolition of the Burger King building will get underway June 1 and the strip mall will be complete in mid-October.  

Full Story
Moe's Southwest Grill Looks To Open Restaurant In Sioux Falls

5/18/2015 4:18 PM

The Mexican franchise Moe's Southwest Grill has picked a location in Sioux Falls, but has yet to seal the deal.  Moe's Southwest Grill st...

Full Story
Buildings Being Torn Down on 41st Street For New Strip Mall

5/19/2015 4:10 PM

A new strip mall is coming to 41st Street across from the Western Mall.  Lloyd Companies is taking out the K & H Car Wash, Mobil gas station ...

Full Story
Raven Industries Sales And Profits Significantly Down

5/19/2015 9:45 AM

Raven Industries is reporting significant first quarter profit losses.  Raven's net sales were down 31.4 percent to $70.3 million. Raven'...

Full Story


Events