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.


71° 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!

 

Tuesday Morning Business Brief

August 21, 2012, 6:04 AM

Tuesday Morning Business Brief

It could be another quiet trading day. The Dow has traded in a narrow range the past two trading sessions and volume has been relatively light. The Dow Jones industrial average begins the day at 13,272 after losing three and-a-half points yesterday. The Standard & Poor's 500 was off a fraction of a point yesterday and now stands at 1,418. The Nasdaq composite index was also down fractionally at 3,076. Futures trading suggests opening gains today.

  • International stock markets are mixed today on renewed uncertainties over the European debt crisis, after a short-lived rally in Asia driven by the Chinese central bank's move to ease tight liquidity through open market operations. Benchmark crude oil rose to near $97 per barrel. The dollar fell against the euro and was nearly unchanged against the yen.
  • The jury in one of the biggest technology disputes in history is expected to hear closing arguments today from lawyers for Apple and Samsung. Apple accused Samsung of copying iPhone and iPad technology. Samsung lawyers countered that others had previously developed much of the technology at issue.
  • Apple begins the day as the most valuable company in history. It now has a market cap of more than $623 billion after gaining more than 17 dollars a share yesterday to close at $665.15. Apple is now worth almost twice as much as the next most valuable company, Exxon Mobil.
  • The nation's largest consumer electronics chain reports its quarterly earnings today, a day after naming a new CEO. Analysts say it will take Hubert Joly several years to turn the ailing retailer around. Best Buy stock was down ten percent yesterday.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

Two KELOLAND Target Stores Now Open Extended Hours

8/19/2014 12:16 PM

Night owls who enjoy shopping at Target will soon have a few more hours to browse the shelves.

Full Story
Raven Balloons In Demand By Google

8/20/2014 9:10 AM

Raven Industries reports that sales for the second quarter are up to $94.5 million from $93.4 million the same time last year, due in part to Google&#...

Full Story
Sioux Falls Store Included In UPS Breach

8/21/2014 1:53 PM

If you used a credit or debit card at a UPS Store in the last seven months, some of your personal information could be a risk.  

Full Story
Woman-Owned Highway Construction Company

8/21/2014 10:05 PM

There are nearly eight million women owned businesses in the U.S.  But only eight percent of construction businesses are owned by women. 

Full Story | Watch
New CEO Of Idled Aberdeen Beef Plant Optimistic

8/17/2014 3:45 PM

The new CEO of a beef plant that has sat idle in Aberdeen since 2012 is optimistic about the facility's future.

Full Story


Events