Posts Tagged ‘news’

Trading Penny Stocks

Trading Penny Stocks What are “penny stocks”? What is penny stock trading all about? Well, a penny stock doesn’t trade for mere pennies these days, although it might trade for less than $ 1 per share. Penny stock trading actually doesn’t have an agreed-upon official definition, but many traders consider penny stocks to be those [...]

U.S. stocks quiet Friday after stronger than expected jobs reports

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – The U.S. economy gained 200,000 jobs in December, the Labor Department said Friday. But the stronger than expected report did little to goose stocks. Just after the opening bell on Wall Street, the Dow Jones Industrial Average was off 51 points, the [...]

U.S. welcomes Japanese government further action on relocation

Tejinder Singh – AHN News Correspondent Washington, D.C., United States (AHN) – The United States on Wednesday welcomed the developments as the Government of Japan submitted its environmental impact report for the Futenma Replacement Facility to the Okinawa Prefectural Government according to the Pentagon. Citing Defense Secretary Leon Panetta as welcoming the news, George Little, [...]

Somalia’s consultative meeting concludes in Garowe

Mohamed Hassan – AHN News Mohamed Shiil Garowe, Somalia (AHN) – The second phase of the United Nations-sponsored consultative meeting on national unity concluded Saturday in Garowe, capital of the semi-autonomous region of Puntland. Somali President Sheikh Sharif Ahmed, Parliament Speaker Sharif Hassan and Prime Minister Abdiweli Mohamed met with representatives from Puntland, Galmudug and [...]

Premier Community Bank is year’s 91st failure

SAN FRANCISCO (MarketWatch) — Premier Community Bank of the Emerald Coast in Crestview, Fla., was closed by regulators Friday in the 91st bank failure of 2011, the Federal Deposit Insurance Corp. said. Summit Bank of Panama City, Fla., has agreed to purchase its assets will assume all deposits. Premier Community Bank had $126 million in [...]

Gold sharply lower Monday

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – Gold prices fell hard Monday, down more than 3 percent, hurt by a stronger U.S. dollar. Gold for February delivery was pounded down $52.60 at $1,664.20 a troy ounce on the Comex. The price of the yellow metal had traded as high [...]

Japanese stocks gain, with yen boosting exporters

LOS ANGELES (MarketWatch) — Japanese stocks advanced early Monday, with exporters mostly higher as the yen weakened against the dollar, and with banks also rising ahead of a key meeting of French and German leaders slated for later in the day. The Nikkei Stock Average added 0.4% to 8,680.63, while the Topix also added 0.4%. [...]

Stocks up on jobs report

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – The United States logged another month of lackluster job growth in November, but the mediocre growth was enough to push the unemployment rate down to 8.8 percent. The Labor Department said Friday that employers in the nation added 120,000 jobs in November, [...]

Suicide-bomb attack kills government soldiers

Mohamed Hassan – AHN News Mohamed Shiil Mogadishu, Somalia (AHN) – At least four government soldiers were killed and 12 others wounded in a suicide attack in Mogadishu on Wednesday, say government official. The attack, which targeted one of the most fortified military bases in the capital, was carried out by a suicide bomber who [...]

Netflix stock plunges after $400 million stock, debt offering

Diane Alter – AHN News Reporter Los Gatos, CA, United States (AHN) – DVD and streaming movie rental company Netflix announced the sale on Monday of $400 million in stocks and bonds to give it a capital infusion. On Tuesday, shares fell more than 3 percent, hitting a 52-week low of $69 a share. Half [...]