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.


79° 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




Sponsored

 


View business

You may also like

Woman Stands Up to Cyber Bullies After Man Calls Her 'Too Muscular'

8/26/2015 5:05 PM

A woman who builds up her body has a message for cyber bullies who tear others down.

Full Story | Watch
Sioux Falls Businesses Flooded

8/28/2015 6:00 PM

Homeowners aren't the only ones cleaning up flood water.  Many businesses were also flooded out in Thursday night's storm.  In fact,...

Full Story | Watch
Former School For The Deaf Campus Has New Buyer

8/27/2015 4:50 PM

A historic piece of property on East 10th Street in Sioux Falls has a new owner.

Full Story
Casino Going In To 85th And Louise Strip Mall

8/27/2015 11:41 AM

A casino is the first signed tenant for Raintree On Louise at 85th Street and Louise Avenue.

Full Story
New Buyer For Historic Sioux Falls Campus

8/28/2015 10:10 PM

They are stately buildings in the heart of Sioux Falls that have sat empty for two years - but now, the former School for the Deaf property on East 10...

Full Story | Watch


Events