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  • SK Hynix shares extend slide on earnings growth worries

    Picture illustration of mobile memory chips made by chipmaker SK Hynix taken in SeoulSEOUL (Reuters) - Shares in South Korean chipmaker SK Hynix Inc fell sharply in early trade on Tuesday, heading for their fifth straight day of declines on concerns about slower earnings growth at the...


  • Stocks pause as traders await key economic news

    Trader Glenn Kessler works on the floor of the New York Stock Exchange Monday, July 28, 2014. The stock market is opening mixed at the start of a busy week as a batch of merger announcements lift shares in Family Dollar and other companies. (AP Photo/Richard Drew)NEW YORK (AP) ? After dawdling between small gains and losses in a slow day of summer trading, the stock market ended little changed on Monday.


  • Wall Street yawns as deal news offsets data; Herbalife sinks

    A trader watches his screen on the floor of the New York Stock ExchangeBy Caroline Valetkevitch NEW YORK (Reuters) - Stocks ended nearly flat on Monday as the latest deal news offset losses following discouraging data on the housing market and some signs of weakness in the services sector. Dollar Tree Inc offered to buy rival discount chain Family Dollar Stores Inc for about $8.5 billion. The transaction, including debt, values Family Dollar at about $9.2 billion. Family Dollar's stock shot up 24.9 percent to $75.74 and was the S&P 500's biggest percentage gainer.


  • TSX flat as miners' gains offset by losses in oil shares

    A sign board displaying Toronto Stock Exchange stock information is seen in TorontoBy John Tilak TORONTO (Reuters) - Canada's main stock index was little changed on Monday as a decline in shares of energy producers, as oil prices dropped, neutralized strength in mining shares. While signs of increasing supply and sluggish demand played the biggest role in driving down the price of crude oil, investors also kept an eye on the volatile situation in the Middle East. The Toronto stock market's benchmark index eased from the record high it hit the previous session as investors braced for a wave of economic data this week. One needs to be cautious at these levels,? said Elvis Picardo, strategist and vice president of research at Global Securities in Vancouver.


  • Shares, dollar steady ahead of key U.S. data, Fed meeting

    Traders are pictured at their desks in front of the DAX board at the Frankfurt stock exchangeBy Angela Moon NEW YORK (Reuters) - World stock markets were little changed on Monday while the U.S. dollar traded mostly flat against a basket of major currencies ahead of key U.S. economic reports and events this week. Wall Street ended flat as the latest deal news offset losses following soft data on the housing market and services sector. The market may also be hitting resistance with the Dow Jones industrial average sitting just below 17,000 and the S&P 500 near 2,000. ...


Quote of the Day

To avoid criticism do nothing, say nothing, be nothing. ? Elbert Hubbard




Today's Word

obsequious

Behaving in an ingratiating or servile manner.



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