Tag Archives: july
ResCap Bankruptcy Report Could Remain Sealed Until July 3
An independent examiner’s report that could sway settlement negotiations in the bankruptcy of mortgage lender Residential Capital LLC may remain under seal until July 3, according to a judge’s order on Monday. Continue reading
Wade Robson — Big Love For Michael Jackson Just MONTHS Before Breakdown
Wade Robson was singing Michael Jackson’s praises as recently as July 30, 2011 … talking about preserving MJ’s legacy and “representing his essence” … just 8 months before he claims a nervous breakdown sent… Continue reading
U.S.-based stock funds have $7.3 billion outflow – Lipper
By Sam Forgione NEW YORK (Reuters) – Investors pulled $7.3 billion out of U.S.-based stock funds in the latest week, the most since July of last year even as U.S. stock markets recovered from a sharp selloff, data from Thomson Reuters' Lipper Service showed on Thursday. The big outflow was a result of investors pulling $8.4 billion out of stock exchange-traded funds in the week ended April 24, also the most since July of last year. Continue reading
Yahoo posts flat Q1 revenue on declining display ad sales
By Alexei Oreskovic SAN FRANCISCO (Reuters) – Yahoo Inc's first quarter revenue fell short of Wall Street targets and its display advertising business experienced declining sales for the second quarter in a row, sending the Internet company's shares down about 4 percent. Continue reading
Sweeping anti-abortion bill goes to Kansas gov.
Kansas governor expected to sign the law so that the new restrictions take effect July 1. Continue reading
Cinema Gunman: Prosecutors Seek Death Penalty
Defence attorneys are expected to argue James Holmes was insane at the time of the Aurora shooting massacre last July. Continue reading
Nike profit tops Wall Street estimates, shares rise
By Nivedita Bhattacharjee (Reuters) – Nike Inc's quarterly profit beat Wall Street's expectations, as margins increased and world-wide future demand for its apparel and shoes rose, sending its shares up 8 percent. Global orders for Nike-branded shoes and clothing scheduled for delivery from March through July 2013, known as futures orders, rose 6 percent compared to orders reported for the same period last year Continue reading
Kenyan shares rise another 4 pct on peaceful poll
By Kevin Mwanza NAIROBI (Reuters) – Kenya's stock market soared 4 percent on Tuesday, extending a two-session surge after a largely peaceful presidential poll outcome, while the shilling firmed against the dollar. Continue reading
Netflix wins back Wall Street, shares jump 42 percent
LOS ANGELES/NEW YORK (Reuters) – Netflix Inc impressed Wall Street with a surprisingly strong holiday quarter that eased near-term concerns about its costly international expansion and its movie and TV bill, sending its shares skyrocketing 42 percent. The jump represented the largest single-day gain from Netflix, though shares were still trading at just under half their record of more than $300 in July 2011, when the company was celebrated on Wall Street for pioneering a video service that rocked the traditional media industry and Hollywood Continue reading
Facebook shares gain 5% on mystery announcement
Shares in social networking giant Facebook closed above $30 US for the first time since July on Wednesday amid speculation about an announcement next week. Continue reading
