While you were sleeping: Sears teams up with Amazon
By Margreet Dietz July 21 (BusinessDesk) - Wall Street was mixed as a rally in shares of Sears following its deal with Amazon offset slides in other retailers including Home Depot, Lowe’s and Best Buy. Shares of Sears jumped, up 10.6 percent as of 3.45pm in New York, after...
While you were sleeping: Wall St hits record highs
By Margreet Dietz July 20 (BusinessDesk) - Wall Street gained, with the S&P 500 and the Nasdaq touching record highs, amid optimism about US corporate earnings. Shares of Morgan Stanley climbed, up 3.3 percent as of 3.45pm, after the US bank’s latest quarterly results beat...
While you were sleeping: Goldman drops, Netflix jumps
By Margreet Dietz July 19 (BusinessDesk) - Wall Street was mixed as shares of Goldman Sachs declined on disappointing revenue from its bond trading, while shares of Netflix soared after it reported better-than-expected subscriber growth. The US dollar slid, hitting its low...
Dairy product prices edge higher, butter continues its climb
By Margreet Dietz July 19 (BusinessDesk) - Dairy product prices rose at the Global Dairy Trade auction, gaining for the first time in three auctions, with butter outpacing the other commodities amid strong consumer appetite for natural, full-fat products. The GDT price inde...
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