Posts Tagged ‘Friday’

Stocks end higher Friday on Europe hopes and strong earnings

Diane Alter – AHN News Reporter NYC, NY, United States (AHN) – The Dow Jones Industrial Average soared 2.3 percent, or 267.01 points on Friday ahead of a key euro zone summit over the weekend that investors hope will lead to a resolve to the euro zone sovereign debt crisis and was also buoyed by […]

Fuel prices unchanged a 2nd straight week

Santo Domingo.- The Industry and Commerce Ministry today Friday posted the fuel prices that will be in effect for the week from November 27 to December 2, when premium gasoline will still cost 170.80 pesos and regular 160.50 pesos per gallon. View full post on Business Stories

FTSE 100 miners rise as copper climbs to a two-year high

Copper prices climbed to a two-year high on Friday, pushing up London’s large-cap miners Vedanta and Eurasian. View full post on UK Business Stories

Obama Hails GDP Growth But Says More Yet To Be Done

President Barack Obama Friday said that the news that the U.S. economy grew by 2 percent over the past three months was encouraging. However, despite continued growth and slow gains in job creation, Obama, speaking at a small business in Maryland, said more is yet to be done. View full post on Business Stories

Chevron Announces Plans To Drill Deepwater Wells In Gulf Of Mexico

Oil company Chevron announced plans to drill new oil and gas wells in the Gulf of Mexico on Friday, which was only a few days after the government lifted the ban on drilling it imposed in the wake of the disastrous BP Deepwater Horizon oil well leak. View full post on Business Stories

U.S. Retail Sales Rise 0.6 Percent In September

Linda Young – AHN News Writer Washington, DC, United States (AHN) – Retail sales rose 0.6 percent, to $367.7 billion, in September with motor vehicle sales accounting for much of the increase, according to the Commerce Department’s U.S. Census Bureau. In a statement released Friday, U.S. Commerce Secretary Gary Locke said that sales excluding motor […]

Kill BHP bid for PotashCorp: Jarislowsky

One of the biggest shareholders of Potash Corporation of Saskatchewan called Friday for Ottawa to reject BHP Billiton’s $38.6-billion US takeover proposal for the Saskatoon-based fertilizer giant. View full post on Canada Business Stories

Weekly Recap – Oct 15: U.S. Markets

Mitchell Jaworski – AHN News Reporter New York, NY, United States (AHN) – U.S. markets finished relatively flat for the week after finishing mixed on Friday as economic news has done little to spark a move in recent days. However, Tech did outperform on the heels of Google and Intel earnings. Google (NSDQ: GOOG) announced […]

Weekly Recap Oct 8 – U.S. Markets

Mitchell Jaworski – AHN News Reporter New York, NY, United States (AHN) – U.S. markets finished the week at their best levels since May as investors shook off mixed unemployment data and took solace in a strong start to earnings season. Before Friday’s opening bell, the Labor Department said nonfarm payrolls declined by 95,000 in […]

Bank Of America Halts All Foreclosures To Conduct Review

The nation’s largest bank, Bank of America, on Friday halted foreclosures in all 50 states, becoming the first major bank to take that action. View full post on Banking Stories