Tag Archives: cut

Disneyland — Where it PAYS to Be Disabled

Disneyland’s incredibly long lines can easily be cut — if you’re willing to rent pay a disabled person! And if you are … you’re the worst person in the world. Or the smartest Continue reading

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Rusal Aluminum Output Falls in First Quarter

United Co. Rusal PLC (0486.HK), the world’s largest aluminum producer, said Tuesday that it saw a substantial narrowing in first-quarter losses, as it pushes to cut annual output in a market battling with excess global supply, poor demand and low prices. Continue reading

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Asia stocks rise after Dow hits another record

BANGKOK (AP) — Asian stock markets rose Thursday on the heels of another record high on Wall Street and an interest rate cut in South Korea to boost economic growth. Continue reading

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Wall Street closes up on tech gains, S&P near 1,600

By Ryan Vlastelica NEW YORK (Reuters) – U.S. stocks closed about 1 percent higher on Thursday, led by tech shares, after weekly jobless claims figures pointed to improving labor market conditions a day before the closely watched monthly payroll report. The European Central Bank also lifted sentiment, putting the S&P 500 at another all-time closing high, as the ECB cut interest rates for the first time in 10 months and held out the possibility of further action if necessary to boost the euro zone economy. Continue reading

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Wall St closes up on tech gains, S&P near 1,600

By Ryan Vlastelica NEW YORK (Reuters) – U.S. stocks closed about 1 percent higher on Thursday, led by tech shares, after weekly jobless claims figures pointed to improving labor market conditions a day before the closely watched monthly payroll report Continue reading

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S&P 500 sets record high, closes shy of 1600

Stocks finished near session highs Thursday, propelling the S&P 500 to a fresh intraday high, as Wall Street cheered a better-than-expected jobless claims report and after the European Central Bank cut its key interest rate. Major averages are poised to close higher for the second week in a row.(Read More: After-Hours Buzz: AIG, LNKD, GILD & More)The Dow Jones Industrial Average rallied 13… Continue reading

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Zynga Plunges, Faces Q2 Losses

NEW YORK (TheStreet) — Zynga predicted losses per share in the second-quarter as the online social games maker struggles to adapt to consumers’ growing taste for mobile-based games. Continue reading

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Instant View – Apple results surpass Street targets, doubles cash return

SAN FRANCISCO (Reuters) – Apple Inc, bowing to Wall Street’s increasingly strident demands, announced a doubling in its cash-return program for shareholders as it reported better-than-expected quarterly results. Commentary: COLIN GILLIS, ANALYST, BGC “We all had concerns on the June quarter guidance. The issue was 15 out of 40 analysts had cut June quarter numbers. Continue reading

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ECB’s Nowotny says too early to judge if rate cut needed

It is too early for the European Central Bank to judge whether a further interest rate cut is needed but the impact of Japan’s easing must be closely monitored, ECB Governing Council member Ewald Nowotny said on Saturday. Continue reading

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Nasdaq slashes Greifeld’s bonus over botched Facebook IPO

(Reuters) – Nasdaq OMX Group Inc said it slashed the 2012 annual bonus of Chief Executive Robert Greifeld by $542,100 over the botched handling of Facebook Inc's initial public offering last year. Nasdaq said in a filing with the Securities and Exchange Commission (SEC) late on Thursday that Greifeld's bonus for 2012 fell 62 percent to $1.35 million. The mishandling of Facebook's IPO also cost Anna Ewing, Nasdaq's executive vice president of Global Technology Solutions, a $263,625 cut to her bonus for 2012. Continue reading

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