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.


74° 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!

 

Wednesday Afternoon Business Brief

April 25, 2012, 1:22 PM

Wednesday Afternoon Business Brief

Apple's blow-out earnings are today's show stealer for the stock market, helping to power the key averages higher. The Nasdaq, which includes Apple, has been up 2 percent.

  • The Federal Reserve met for two days and offered little new in its written statement. The central bank says the economy is growing moderately while cautioning that risks remain from Europe's debt crisis and slowdown. And it isn't ready to take any further steps to boost the recovery.
  • A Senate bill aimed at saving the U.S. Postal Service would make it harder to close thousands of low-revenue post offices and end Saturday mail delivery. The struggling agency says those moves are needed to reduce its massive debt and become profitable again.
  • Harley-Davidson says first-quarter profit jumped 44 percent, as improving economic conditions boosted U.S. sales of its iconic motorcycles. The results topped Wall Street expectations and the company has lifted its forecast for shipments for the full year.
  • The Coca-Cola Co. is seeking its first stock split in 16 years. The Atlanta-based soft drink giant says a 2-for-1 split fits with its plan to double revenue over this decade. Coke stock began trading in 1919. Since then, the stock has been split only 10 other times.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

New Mortgage Rules

7/16/2014 10:10 PM

This year, new mortgage rules went into effect to protect homeowners who are struggling. Potential buyers are also required to get education before en...

Full Story | Watch
First Frozen Yogurt Truck For Franchise In SD

7/17/2014 3:32 PM

People who attend JazzFest can cool down with frozen yogurt from the first Orange Leaf food truck in the nation

Full Story
Lance Armstrong Is Grand Marshal For Sturgis Ride

7/21/2014 3:02 PM

Dethroned cyclist Lance Armstrong has been named the official grand marshal of the mayor's ride to kick off the Sturgis Motorcycle Rally.

Full Story
More Homeowners Taking Mortgage Debt Into Retirement

7/17/2014 10:10 PM

Many people plan to pay off their mortgage before they retire, but that's less common these days. 

Full Story | Watch
Millennials Prefer Cash

7/21/2014 11:40 AM

Americans would rather put their money in the bank than make long-term investments in stocks

Full Story


Events