BY Real News
June 04 2015
23:17
Stocks Pull Back Sharply Ahead Of Monthly Jobs Report - U.S. Commentary
After seeing considerable volatility in early trading, stocks moved notably lower over the course of the trading day on Thursday. With the pullback on the day, the Dow and the S&P 500 fell to their lowest closing levels in nearly a month.
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BY Real News
June 04 2015
21:50
Crude Oil Ends Lower At $58, Ahead Of OPEC Meet
U.S. crude oil slumped to end lower for second straight session on Thursday, ahead of the crucial meeting of the Organization of the Petroleum Exporting Countries due Friday in Vienna. This was the lowest settlement for over a week.
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BY Real News
June 04 2015
21:24
Rick Perry To Make Another Run For The White House
Rick Perry's run for the Republican presidential nomination in 2012 may have been full of blunders, but that hasn't stopped the former Texas Governor from launching another bid for the White House. Perry officially launched his campaign Thursday at a rally in Addison, Texas.
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BY Real News
June 04 2015
21:05
Gold Ends Lower After Some Upbeat U.S. Data
Gold futures slipped to end at a near five-week low for a second session on Thursday, after some upbeat economic data from the U.S. showed initial claims for unemployment benefits declined more than expected last week, fueling expectations of a strong jobs report.
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BY Real News
June 04 2015
20:59
Subway Customers Will Get To Really Eat Fresh
Sandwich chain Subway said Thursday that it will remove all artificial colors, flavors and preservatives from all of its sandwiches, salads, cookies and soups in North America over the next 18 month.
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BY Real News
June 04 2015
19:21
Walmart Hopes Allowing Jeans Will Make For Happy Workers
In a bid to make its employees more happier and friendlier, retail giant Wal-Mart Stores Inc. (WMT) announced several changes, which includes relaxation of dress code, improved temperature control in stores and the return of Wal-Mart Radio.
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BY Real News
June 04 2015
19:18
Stocks Move Mostly Lower Following Early Volatility - U.S. Commentary
Stocks have moved mostly lower over the course of the trading day on Thursday after seeing considerable volatility earlier in the session. The losses on the day have offset the moderate strength that was seen in the previous session.
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BY Real News
June 04 2015
18:54
Lincoln Chafee Announces Campaign For Democratic Presidential Nomination
In contrast to the ever-expanding Republican presidential field, former Rhode Island Gov. Lincoln Chafee became just the third official challenger to Democratic front-runner Hillary Clinton on Wednesday.
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BY Real News
June 04 2015
18:21
IMF Urges Fed To Delay First Rate Hike Until First Half Of 2016
Following its latest consultation on the U.S. economy, the International Monetary Fund has suggested the Federal Reserve should delay raising interest rates until the first half of next year. The IMF's call for delaying the first rate hike came as the lender lowered its forecast for U.S. economic growth.
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BY Real News
June 04 2015
17:49
Stocks Seeing Considerable Volatility Following IMF Comments - U.S. Commentary
After moving lower at the open, stocks have seen considerable volatility over the course of early trading on Thursday. The major averages bounced off their early lows and into positive territory but have moved back to the downside since then.
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BY Real News
June 04 2015
16:42
U.S. Productivity Tumbles 3.1% In Q1, More Than Previously Estimated
Reflecting a much bigger than previously estimated drop in output, the Labor Department released a report on Thursday showing that U.S. labor productivity fell by even more than expected in the first quarter of 2015.
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BY Real News
June 04 2015
16:41
U.S. Apparel Retailers Report Modest Sales Growth In May
Most U.S. apparel retailers on Thursday reported modest increases in sales at established stores for the month of May, amid warmer weather and improvement in economic conditions. Sales got a boost from Mother's Day, which is seen as the second biggest gifting holiday in the year after Christmas.
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BY Real News
June 04 2015
16:21
U.S. Weekly Jobless Claims Edge Down To 276,000
First-time claims for U.S. unemployment benefits saw a modest decrease in the week ended May 30th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims edged down to 276,000, a decrease of 8,000 from the previous week's revised level of 284,000.
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BY Real News
June 04 2015
15:58
Recent Bond Sell-Off May Weigh On Wall Street - U.S. Commentary
Stocks are likely to move to the downside in early trading on Thursday, giving back ground after ending the previous session mostly higher. The major index futures are currently pointing to a lower open for the markets, with the Dow futures down by 79 points.
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BY Real News
June 04 2015
15:46
J.M. Smucker Slips To Q4 Loss On Costs, But Adj Results Top View
Branded food products maker J.M. Smucker Co. reported Thursday a net loss for the fourth quarter compared to a profit last year, despite a sales growth, hurt by one-time financing costs associated with the Big Heart Pet Brands acquisition as well as higher commodity costs. However, both adjusted earnings per share and quarterly revenues topped analysts' expectations.
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BY Real News
June 04 2015
15:43
NOAA Alerts US Citizens To Prepare For 2015 Hurricane And Typhoon Season
The Department of State has alerted U.S. citizens to the 2015 Hurricane and Typhoon Seasons in the Atlantic and Pacific Oceans, the Caribbean, and the Gulf of Mexico. Hurricane and Typhoon Season will last through November, though most tropical cyclones typically develop between May and October, it said in a Travel Alert Thursday. The National Oceanic and Atmospheric Administration (NOAA) has re
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BY Real News
June 04 2015
15:24
U.K. Interest Rate Steady At Record Low
The Bank of England left its record low key interest rate and the size of the quantitative easing unchanged, amid mixed signals about the economic momentum.
The Monetary Policy Committee, led by Governor Mark Carney, decided to retain the key bank rate at 0.50 percent and the size of asset purchases at GBP 375 billion at the end of the two-day rate setting meeting on Thursday.
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BY Real News
June 04 2015
14:02
Greek Drama Climax Proves Elusive
Despite an intensification of activity this week, Greece and its creditors failed to reach an agreement after crucial talks in Brussels late Wednesday, though both Athens and the European Union claimed to have made progress towards a solution and apparently hope to wrap up the deal by the middle of the month.
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BY Real News
June 04 2015
13:32
Wall Street On Track For Steep Pullback
Early indications suggest that Wall Street stocks may open notably lower, as bond yields continue to grind higher amid surrounding uncertainties. Commodities are also seeing weakness even as the dollar is mixed. European stocks are seeing a steep pullback as Greece struggles to stitch a deal despite sounding optimistic of one. The domestic markets are also likely to focus on the economic data on jobless claims and chain store sales results for May.
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BY Real News
June 04 2015
12:18
Asian Shares Mixed Despite Optimism Over Greece
Asian stocks ended Thursday's session on a mixed note as Chinese stocks reversed early steep losses and investors remained optimistic about Greece reaching a debt deal with its creditors. Japanese shares ended little changed and Australian shares succumbed to selling pressure on the back of weak data rattling investor confidence in the economy, while worries about the impact of a weak monsoon on inflation continued to exert downward pressure on Indian shares. Seoul shares broke a three-day losing streak, led by heavyweights.
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BY Real News
June 04 2015
09:26
European Stocks To See Cautious Start
The European markets are seen inching lower on Thursday after yields on U.S. Treasurys and German 10-year bonds hit 2015 highs on Wednesday, boosted by a solid U.S. private sector employment report and comments from European Central Bank President Mario Draghi that markets should get used to volatility.
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BY Real News
June 04 2015
06:28
BLUE, CELG Fine Tune Deal, Lightlake Cruises Ahead, HALO Shines, CPXX On Track
Halozyme Therapeutics Inc. (HALO) has entered into a global collaboration and license agreement with AbbVie (ABBV) to develop and commercialize products combining proprietary AbbVie compounds with Halozyme's ENHANZE platform.
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BY Real News
June 04 2015
06:12
Asian Markets Mostly Higher On Wall Street Lead, Greece Optimism
Asian stock markets are mostly higher on Thursday, tracking the positive cues overnight from Wall Street and amid optimism that Greece will finally reach an agreement with its international creditors.
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BY Real News
June 03 2015
23:22
Stocks Close Higher On Economic Data, Optimism About Greece - U.S. Commentary
After showing a lack of direction throughout much of the two previous sessions, stocks moved mostly higher during trading on Wednesday. While the major averages were unable to sustain an early rally, they managed to remain in positive territory throughout the session.
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BY Real News
June 03 2015
22:31
Fallout 4 Announced, No Release Date Set
Bethesda Softworks LLC has unveiled the first look of Fallout 4, the latest installment of its popular post-apocalyptic game series.
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BY Real News
June 03 2015
22:12
Yahoo Wins Rights To NFL's First Internet Only Game
Yahoo Inc has won exclusive rights to the National Football League's first Internet-only broadcast of a football game between the Buffalo Bills and Jacksonville Jaguars that will be played in London on Sunday, October 25.
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BY Real News
June 03 2015
21:34
Sen. Warren Sends Letter Ripping SEC Chief's Leadership
Massachusetts Sen. Elizabeth Warren, D-Mass., sent a harshly worded letter to Securities and Exchange Commission Chair Mary Jo White on Tuesday bashing her leadership of the regulatory agency. Warren expressed serious concerns about the SEC's regulatory and enforcement record during White's tenure.
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BY Real News
June 03 2015
20:39
George W. Bush Now Viewed More Favorably Than Obama
Former President George W. Bush's time away from office seems to have had a positive impact on the way he is perceived by Americans, according to the results of new a CNN/ORC poll. The poll showed that 52 percent of Americans now have a favorable opinion of Bush.
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BY Real News
June 03 2015
19:11
Home Refinancing Dries Up As Interest Rates Rise
Applications for home mortgages in the U.S. declined last week on a seasonally adjusted basis as purchase and refinancing applications waned, shows data by the Mortgage Bankers Association.
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BY Real News
June 03 2015
19:04
Stocks Give Back Ground But Remain Mostly Positive - U.S. Commentary
After moving notably higher earlier in the session, stocks have given back some ground in recent trading on Wednesday. The pullback reflects the recent volatility on Wall Street, with traders seemingly reluctant to make significant moves.
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