Mindblown: a blog about philosophy.
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American Express to Pay $112.5 Million
American Express (AXP) is paying $112 million in refunds and fines to settle regulators’ accusations that it charged unlawful late fees and deceived customers to pressure them to pay off old debts or buy extra credit card services. The company agreed to the settlements announced Monday by four federal agencies, including the Federal Reserve and…
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U.S. ISM Turns Positive, Construction Spending Down
The U.S. manufacturing sector expanded in September for the first time in four months, according to a closely followed index. The Institute for Suppl Management’s manufacturing gauge rose to 51.5 last month from 49.6 in August, the highest reading since May. Outlays for U.S. construction projects fell for the second month in August, the Commerce…
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Stocks Rally at the Open, Data Eyed
U.S. Stocks rallied in the early trading on Monday, ahead of U.S. manufacturing data and a speech by Federal Reserve Chairman Ben Bernanke. The Dow Jones Industrial Average lately rose 82.44 points to 13,519.57 and the S&P 500 index gained 8.05 points to 1,448.72. The Nasdaq Composite climbed 13.29 points to 3,129.52. Greece’s finance minister…
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Honeywell Buying Energy Firm
Honeywell International Inc. (HON) said Monday it’ll pay $525 million in cash to buy a 70% stake in Thomas Russell Co., a privately-held maker of technology and equipment for natural gas processing and treating. Honeywell expects to close the acquisition in the fourth quarter.
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BHP Targets Copper Production, Xstrata Seen Close Deal
BHP Billiton Ltd. (BHP) is targeting copper production growth of at least 10% a year through mid-2015, confident of long-term demand for the metal driven by China, India and other urbanizing nations. Xstrata Plc (XTA) will recommend shareholders vote in favor of a 20.5 billion-pound ($33 billion) takeover offer by Glencore International Plc (GLEN) after…
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Top buy stocks for Oct.1 : BIDU, CSCO, HD, …
NASDAQ: BIDU (Baidu) NASDAQ: BIDU (Baidu) has closed at $116.89, its traded Volume was 6224.87K shares, BIDU opened the Day at $114.43, it made an intraday Low of $113.8, and an intraday High of $117.2. BIDU’s close price is above its Short term MA, short term MA is below mid-term, and below long term MA.…
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52-week high stocks: BDJ, CEM, IGK, PCN… (Sep 28)
NYSE: BDJ (Blackrock Enhanced Dividend Achievers) NYSE: BDJ (Blackrock Enhanced Dividend Achievers) has closed at $7.56 and made 52-week high or yearly high today, its traded Volume was 4089.29K shares, BDJ opened the Day at $7.46, it made an intraday Low of $7.43. BDJ’s earning is $0 per share, Next quarter estimated EPS is $0,…
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52-week low stocks: LDK (Sep 28)
NYSE: LDK (Ldk Solar Co. Ltd) NYSE: LDK (Ldk Solar Co. Ltd) has closed at $1.09 and made 52-week low or yearly low today, its traded Volume was 2399.51K shares, LDK opened the Day at $1.23, it made an intraday High of $1.25. LDK’s earning is $-8.99 per share, Next quarter estimated EPS is $0,…
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Stocks Closed Lower on Friday, But Strong Quarter
Stocks closed its best third quarter since 2010 after a wave of central bank actions sparked a dramatic reversal in equity markets, but signs of weakness in the economy pushed stocks lower on Friday. The Dow Jones industrial average dropped 48.84 points, or 0.36 percent, to end at 13,437.13. The Standard & Poor’s 500 Index…
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Stocks Fell on Chicago PMI
U.S. stocks began lower and escalated in early trading on Friday after the report of a contraction in business activity in the Chicago-area in September and ahead of U.S. confidence data. The Dow Jones Industrial Average lately fell 110.14 points to 13,375.83. The S&P 500 index lost 10.74 points to 1,436.41. The Nasdaq Composite fell…
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