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Business News

Location American Business News for 8 November 2012
Quilters And Sewers: The Key To Startup Craftsy's Unfettered Growth Jewelry Making and Cake Decorating. Quilting, Gardening and Spinning and Weaving. Knitting and Sewing some beautiful strings. These are a few of my favorite things.
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Apples Stock Sinks as Profits and Products Are Questioned

The New York Times - 8 Nov 2012 03:56
Apples Stock Sinks as Profits and Products Are Questioned Shares have dropped 20 percent since their September peak. Some investors may be selling in anticipation of higher capital gains taxes.
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Advertising: Companies Try a Personal Touch Seen by Thousands Mellow Mushroom, which like many businesses follows consumers on Twitter, had decided as a promotional stunt to follow some of those consumers in person — with a film crew.
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EU hits back at IMF over austerity

CNN - 8 Nov 2012 02:17
Are the austerity measures imposed on struggling eurozone countries contributing to a deepening recession in the region?
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Report: 'It's Time To Plan For A Warmer World'

The Huffington Post - 8 Nov 2012 23:59
Report: 'It's Time To Plan For A Warmer World' From Mother Nature Network's Russell McClendon: Burning fossil fuels could raise Earth's temperature by 10.8 degrees Fahrenheit (6 degrees Celsius) within 88 years, according to...
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Troy Resources Breaks Above 200-Day Moving Average - Bullish for TRY In trading on Thursday, shares of Troy Resources Ltd (Toronto: TRY) crossed above their 200 day moving average of $4.57, changing hands as high as $4.79 per share. Troy Resources Ltd shares are currently trading up about...
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The Highest State And Local Income Taxes On A $1 Million Income: Post Election 2012 By voting in Proposition 30 on Election Day, California overtook the Big Apple as the state that takes the biggest bite out of a $1 million salary.
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California Voters Sock It To The Rich (And The Fate Of Other State Tax Ballot Measures) Here's a post-election update to my story, Billions In State Tax Hikes, And Breaks, On Nov. 6 Ballot.
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Lufkin Industries Crosses Critical Technical Indicator In trading on Thursday, shares of Lufkin Industries, Inc. (NASD: LUFK) entered into oversold territory, changing hands as low as $49.1233 per share. We define oversold territory using the Relative Strength Index, or RSI,...
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Sheila Bair For Treasury Secretary

Forbes - 8 Nov 2012 23:55
Sheila Bair For Treasury Secretary Tim Geithner seems to be on his way out as U.S. Treasury Secretary. While he played an instrumental role in keeping the global financial system afloat, he unfortunately protected the banks that had the biggest role in th...
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HAL Crosses Critical Technical Indicator

Forbes - 8 Nov 2012 23:55
HAL Crosses Critical Technical Indicator In trading on Thursday, shares of Halliburton Company (NYSE: HAL) entered into oversold territory, changing hands as low as $30.60 per share. We define oversold territory using the Relative Strength Index, or RSI, which ...
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7 Numbers That Apple Should Be Worried About

The Huffington Post - 8 Nov 2012 23:54
7 Numbers That Apple Should Be Worried About Is Apple in for a rough 2013? Maybe. The Cupertino-based giant has long been loved by its cult-like following of iPhone fanboys and diehard Mac...
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Shares of CHK Now Oversold

Forbes - 8 Nov 2012 23:54
Shares of CHK Now Oversold In trading on Thursday, shares of Chesapeake Energy Corp. (NYSE: CHK) entered into oversold territory, changing hands as low as $17.22 per share. We define oversold territory using the Relative Strength Index, or RSI, wh...
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Watch: Facts About Franchises

ABC News - 8 Nov 2012 23:48
Watch: Facts About Franchises Susan Solovic with things to consider before buying in.
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United Corporation Breaks Below 200-Day Moving Average In trading on Thursday, shares of United Corporation (Toronto: UNC) crossed below their 200 day moving average of $48.37, changing hands as low as $48.06 per share. United Corporation shares are currently trading down ab...
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Business Prescriptions for America

CNBC - 8 Nov 2012 23:47
The long and bruising 2012 presidential election is now behind us, but the challenges remain. Luckily, the business community has no shortage of people willing to offer their diagnoses for what ails the country. Read ahe...
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ARC Resources Crosses Below Key Moving Average Level In trading on Thursday, shares of ARC Resources Ltd (Toronto: ARX) crossed below their 200 day moving average of $22.74, changing hands as low as $22.32 per share. ARC Resources Ltd shares are currently trading down abou...
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A judge in Australia found that Standard & Poor’s was liable for issuing the top rating of AAA for a product she described as a “grotesquely complicated” piece of financial engineering.
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Global Stocks Fall On Fears Of Looming Fiscal Crisis

The Huffington Post - 8 Nov 2012 23:42
Global Stocks Fall On Fears Of Looming Fiscal Crisis * Wall Street shares fall further after Wednesday slump * Euro hits two-month low after ECB holds rates steady * U.S., German government debt prices,...
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Quad/Graphics Passes Through 6% Yield Mark

Forbes - 8 Nov 2012 23:39
Quad/Graphics Passes Through 6% Yield Mark Looking at the universe of stocks we cover at Dividend Channel, in trading on Thursday, shares of Quad/Graphics, Inc. (NYSE: QUAD) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.00), wi...
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Rogers Sugar Shares Cross 6% Yield Mark

Forbes - 8 Nov 2012 23:37
Rogers Sugar Shares Cross 6% Yield Mark In trading on Thursday, shares of Rogers Sugar, Inc. (Toronto: RSI) were yielding above the 6% mark based on its quarterly dividend (annualized to $0.36), with the stock changing hands as low as $5.81 on the day. Dividen...
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Quit Freaking About McDonald's' First Sales Decline In 9 Years, It's Still Best In Class Investors freaked out after McDonald’s posted its first monthly sales decline in more than nine years on Thursday, selling amid heavy volume and sending the stock down 2%.  The reaction was exaggerated, though....
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