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.


41° 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!

 

Most Popular Today


Tuesday Morning Business Brief

January 8, 2013, 5:38 AM

Tuesday Morning Business Brief

Stocks are coming off a lackluster day, following last week's surge. The S&P 500 index reached a five-year high on Friday but dropped five points Monday. The Dow lost 51 points to close at 13,384, while the Nasdaq composite fell three. Wall street appears headed for losses at this morning's opening.

  • International stock markets headed lower today as investors turned cautious before U.S. earnings season kicks off this week. Aluminum producer Alcoa will unofficially launch the reporting season for the fourth quarter of 2012 today. Benchmark crude oil fell to just above $93 per barrel. The dollar gained against the euro but fell against the yen.
  • There are no major economic indicators expected today, but investors can shift focus to corporate profits. Aluminum producer Alcoa launches the reporting season for the fourth quarter of 2012 after the market closes.
  • Samsung Electronics, the world's largest technology company by revenue, expects record earnings for the fourth quarter of 2012 as shoppers continued to snap up its smartphones and tablets. The company says its operating profit for the October-December quarter would be about $8.3 billion, up 89 percent from a year earlier and higher than expectations. Full results come at the end of January.
  • Unemployment in the 17 European Union countries that use the euro is still headed in the wrong direction. It reached a record 11.8 percent in November as the number of jobless in the 27-country EU topped 26 million for the first time since the financial crisis began three years ago. Unemployment in Greece is up to 26 percent. The figures illustrate the task facing EU leaders to repair the region's economies.

You can find more business news on the Back to Business page of KELOLAND.com.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

New Indoor Racing & Recreation Business

11/19/2014 10:05 PM

For about four months out of the year, people in the Sioux Falls area can go go-kart racing and play mini golf.

Full Story | Watch
New Sioux Falls Shop Opens Thursday

11/19/2014 11:10 AM

Holiday shoppers will soon have a new spot to buy locally made gifts.

Full Story
Stroller Recall Due To Amputation Hazard

11/20/2014 9:45 AM

More than four million strollers sold in the United States are part of a recall.

Full Story
Alco To Close Stores Across South Dakota

11/21/2014 2:03 PM

Several South Dakota cities will soon have one less store.

Full Story
Gas Stations In Region Struggling To Keep Up Supply

11/18/2014 5:52 PM

Over the past few days, drivers in Sioux Falls have been noticing certain grades of fuel are out of stock at gas stations across town.

Full Story | Watch


Events