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.


62° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Share your Photos, Videos, and Stories on uShare! Click here to get started.

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Thursday Morning Business Brief

July 26, 2012, 5:38 AM

Thursday Morning Business Brief

Stocks finished mixed in the latest session. The Dow gained 59 points, or 0.5 percent, to 12,676. The S&P lost a fraction, while the Nasdaq fell nearly 9 points.

  • Asian stock markets rose Thursday amid hopes Europe will give its bailout fund more financial firepower but gains were tempered as South Korea reported its economic growth slowed to a two-year low.
  • Oil prices fell Thursday in Asia after U.S. crude inventories swelled and a slowdown in South Korea's economy underlined that growth in demand for fuel could remain subdued. Benchmark crude for September delivery was down 48 cents at $88.49 a barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange. The contract added 47 cents to settle at $88.97 in New York on Wednesday.
  • On today's economic calendar, the Labor Department releases weekly jobless claims, while the Commerce Department has durable goods orders for June. The National Association of Realtors has pending home sales for June.  Also, Treasury Secretary Timothy Geithner testifies before the Senate Banking Committee.
  • Facebook is due to post its first earnings report today since becoming a public company.  Analysts expect the social network to have earned 2 cents per share on revenue of $1.2 billion. Filings indicate that it earned $1 billion for all of last year on revenue of $3.7 billion.

Find more business stories on the Back To Business page.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

National Pizza Franchise Coming To Sioux Falls

4/22/2014 4:24 PM

The South Dakota franchise owner of Marco's Pizza plans to open a third location in Sioux Falls at 5007 S. Louise Avenue, next to Noodles &am...

Full Story
Headliners For JazzFest Announced

4/17/2014 10:54 AM

Plans are in place for JazzFest 2014 in Sioux Falls.

Full Story
Eric Church Concert Near-Sellout Within Minutes

4/18/2014 5:55 PM

The first ticket sale to an event at the new Denny Sanford PREMIER Center proved to be a boon at the box office Friday

Full Story | Watch
It Looks Like A Credit Card, But It's Not

4/22/2014 10:01 PM

Small businesses often are short on cash or credit and in need of funding.  A California company is offering local businesses financing through t...

Full Story | Watch
City Of Worthington: Dilapidated Mall Is Due To Neglect From Ownership

4/21/2014 10:07 PM

The Northland Mall has been a mainstay in the Worthington community for over 35 years. The dilapidated shopping center has a leaky roof, which could l...

Full Story | Watch


Events

 
 
KELOLAND TV: 501 S. Phillips Avenue, Sioux Falls, SD 57104
Phone: 605.336.1100 · Breaking News call: 1-800-888-5356
Web Site Design and Custom Programming By: Lawrence & Schiller© 2014 KELO-TV -- KELOLAND.COM -- ALL RIGHTS RESERVED