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.


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

October 9, 2012, 6:07 AM

Tuesday Morning Business Brief

Stock prices lost some ground in Monday trading on Wall Street. The Dow fell nearly 27 points to 13,584. The S&P was down 5 points, while the Nasdaq dropped 24.

  • Wall Street begins to get some earnings reports to dig through. Beginning today, Alcoa and Yum Brands report their third-quarter results.
  • The International Monetary Fund is offering a bleak assessment of the world economy. The IMF forecasts it will expand 3.3 percent this year, down from the estimate of 3.5 percent growth it issued in July. Its forecast for growth in 2013 is 3.6 percent, down from 3.9 percent three months ago.
  • World stock markets are stalled after another dismal prediction about global economic growth, this time from the International Monetary Fund. European stocks dropped in early trading. The picture is not as bleak in Asia, where stocks are mixed.
  • Oil prices are staging a rebound after three days of losses. It's attributed to rising supply concerns due to the Syrian conflict and delays in shipments of North Sea oil. Benchmark crude for November delivery was up 48 cents to $89.81 per barrel at late afternoon Bangkok time in electronic trading on the New York Mercantile Exchange.

Find the latest local news on the Back to Business page of KELOLAND.com.

Previous Story

Next Story




Sponsored
 

View business

You may also like

Wells Fargo Lays Off Handful Of Workers In Sioux Falls

2/3/2016 2:27 PM

Spokesperson Staci Schiller said nine employees were given a 60-day notice in its home lending department.

Full Story
IRS Phone Scam Costing KELOLAND Thousands

2/4/2016 3:05 PM

Those aggressive IRS scam calls plaguing KELOLAND have cost South Dakotans tens of thousands of dollars so far.

Full Story
Bridgestone-Firestone Recalls Over 36,000 Truck Tires

2/6/2016 1:20 PM

Bridgestone-Firestone North America is recalling more than 36,000 heavy truck tires in the U.S. and Canada because the tread can separate from the bod...

Full Story
South Dakotans: Fast Talking And Patient On The Phone

2/4/2016 7:51 AM

South Dakotans are ranked as the eighth fastest talkers in the U.S., behind Iowa at number 5 and Minnesota at number 2.

Full Story
Legislature Delays Action On Amending Health Insurance Law

2/3/2016 10:40 AM

In 2014, Initiated Measure 17, coined "patient choice" by its supporters, got 62 percent of the vote.  

Full Story


Events