Dow Turns Positive After Initial Sell Off; HP Surges 14%
North America
featured
Manpreet Gill, Senior Investment Strategist at Standard Chartered Bank tells CNBC's Cash Flow why he thinks it's important for investors to remain in the U.S. markets.
» Read More
More
-
TORONTO, Oct 12- Toronto's main stock index pulled back on Friday and marked its worst weekly performance in four months as worries about the euro zone's crisis strategy, the upcoming U.S. election and slowing global economic growth limited the appeal of riskier assets. 0.5 percent at C $53.22, and Bank of Montreal.
-
SEATTLE, Oct 12- Microsoft Corp said on Friday it plans to add Google Inc as a defendant in Germany in one of its patent actions against Google's phone maker, Motorola Mobility, the first time the two tech giants have come into direct legal conflict over Google's Android mobile software.
-
Oct 12- Seadrill Partners LLC:. $22.00 per common unit- SEC filing. *adds morgan stanley, wells Fargo securities, credit suisse, deutsche.
-
SEATTLE, Oct 12- Microsoft Corp opened its Windows 8 operating system for pre-orders on Friday, setting the price for the full version of the software at $70 for a DVD pack. Shoppers can reserve the software pack at Microsoft's own stores, Amazon.com, Best Buy, Staples and elsewhere.
-
JEFFERSON CITY, Mo.-- Backers of a proposal to increase Missouri's lowest-in-the nation cigarette taxes wrapped up a statewide bus tour Friday at the state Capitol. Missouri voters next month are considering an initiative that would raise the state cigarette tax to 90 cents per pack while also increasing taxes on other tobacco products.
-
JACKSON, Miss.-- Bunge-Ergon will suspend ethanol production at its Vicksburg plant by the end of November, saying high corn prices make it impossible to profitably make ethanol. Ergon also operates an asphalt and lubricant oil refinery in Vicksburg and has a towboat company based there, with about 250 other employees.
-
*Orbcomm had $10 million insurance policy on mission. CAPE CANAVERAL, Fla., Oct 12- An experimental communications satellite flying piggyback aboard a Space Exploration Technologies' Falcon 9 rocket fell out of orbit and burned up in the atmosphere following a problem during liftoff, satellite operator Orbcomm said on Friday.
-
LOS ANGELES-- The powerful Los Angeles Department of Water and Power sued air regulators Friday over demands to control dust from Owens Lake nearly a century after the exploding metropolis siphoned water to quench its growing thirst.
-
NEW YORK, Oct 12- The New York- traded shares of Coca Cola Hellenic rose sharply on Friday, a day after the bottling company said it was leaving Greece, making the shares a standout in an otherwise flat market. The BNY Mellon index of leading American depositary receipts.
-
NEW YORK, Oct 12- Charges against a high-ranking Morgan Stanley banker accused of stabbing a New York City cab driver in a dispute over a long-distance fare are set to be dismissed, Connecticut police and the cabbie's attorney said on Friday. Immediately after the incident, Morgan Stanley put Jennings on leave.
-
The country's two biggest mortgage lenders, Wells Fargo and JPMorgan Chase, reported Friday that a surge in home lending pushed them to record profits. JPMorgan CEO Jamie Dimon declared that the housing market "has turned the corner." JPMorgan wrote $47 billion in mortgages, compared with $37 billion last year.
-
Then, out of the blue, after three years of back-biting and seemingly daily financial crisis, the European Union won the Nobel Peace Prize for fostering peace on a continent long ravaged by war.
-
Joint Committee on Taxation Chief of Staff Thomas Barthold wrote in the letter to lawmakers that he conducted an "experiment" after meeting with members of the Senate Finance Committee about tax reform in September.
-
NEW YORK, Oct 12- U.S. crude futures fell on Friday in heavy spread trading that saw the West Texas Intermediate crude's discount to international Brent narrow after it hit a one year high earlier this week. Additional pressure came from ongoing concerns about global demand. For a complete report on oil futures markets, double click on.
-
NEW YORK-- Ludovic Lefebvre can stomach just one more bite. After five years of LudoBites _ hugely popular guerrilla-style, short-lived eateries held mostly around Los Angeles _ Lefebvre says he is done with so-called pop-up restaurants. By the end of the year, he plans to pop up _ and stay put _ with a new and permanent Los Angeles restaurant.
-
Light synthetic crude for November delivery last sold for $3.90 a barrel over benchmark West Texas Intermediate, compared with $4.25 a barrel over WTI on Thursday, according to Shorcan Energy Brokers. November Western Canada Select heavy blend was quoted at $14.75 a barrel under WTI, a 10 cent deeper discount on the day.
-
BOSTON, Oct 12- The pharmacy company linked to the deadly meningitis outbreak has cut more than half of its workforce, affecting about 40 employees, according to people familiar with the situation. New England Compounding Center of Framingham, Massachusetts, confirmed on Friday it has cut jobs.
-
Federal Reserve Bank of New York President Dudley speaks before a National Association for Business Economics conference in New York, 8 a.m.. Federal Reserve Bank of Richmond President Jeffrey Lacker speaks on "Economic Outlook, October 2012" before a group of business and government leaders in Roanoke, Virginia, 12:45 p.m..
-
CAPE CANAVERAL, Fla., Oct 12- NASA has signed an agreement with a California- based startup to develop and market a nasal spray for motion sickness, the U.S. space agency said on Friday. NASA will work with privately owned Epiomed Therapeutics of Irvine, California, on the nasal spray, which has been shown to be a fast-acting treatment for motion sickness.
-
NEW YORK, Oct 12- A coalition of trade groups and businesses sued New York City on Friday, challenging Mayor Michael Bloomberg's new regulation banning the sale of large-sized sugary soft drinks in restaurants, movie theaters and other businesses.