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.


57° 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!

 

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

Historic Sioux Falls Building For Sale

9/15/2014 4:24 PM

The Carpenter Building on South Phillips Avenue in Sioux Falls is for sale for $4.2 million.

Full Story
Good Samaritan Society Responds To Changes In Industry

9/11/2014 10:05 PM

The largest non-profit senior care and services organization in the U.S is located right here in Sioux Falls, and like all branches of health care is ...

Full Story | Watch
Sioux Falls Named 41st In Best Small To Midsize Cities List

9/15/2014 1:43 PM

Sioux Falls comes in at number 41 on Livability.com's list of the nation's best small to midsized cities.

Full Story
Average US 30-Year Mortgage Rate At 4.12 Percent

9/11/2014 10:27 AM

Average long-term U.S. mortgage rates rose slightly this week but remained near their lows for the year.

Full Story
Unbridled Business

9/15/2014 10:10 PM

Most of us think of successful online retailers as being located in big cities.  But the truth is when your customers are on the Internet, you ca...

Full Story | Watch


Events