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Pittsburgh Steelers QB Ben Roethlisberger's Suspension Reduced To Four GamesUSA Today reports that Pittsburgh Steelers QB Ben Roethlisberger's suspension has been reduced from six games to four after a meeting between Roethlisberger and NFL missioner Roger Goodell in New York. Roethlisberger will be eligible to return to play after the Steeler's October 3 game where they ...
Duration: 0:32
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Economic Data Report: Nonfarm Payrolls Down 54,000 in AugustMarketWatch reports that the Labor Department reported Friday that 54,000 nonfarm jobs were cut in August, under the 105,000 drop that economists had anticipated. The payrolls count in June and July was revised higher by 123,000. June payrolls declined a revised 175,000 and July payrolls declined ...
Duration: 0:32
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News Update: Asia Ends Mostly Higher, Including Third Straight Gain in TokyoMost Asian stock markets advanced Friday, including the third straight rise in Japan on export share gains and improved U.S. housing data issued Thursday. Trading was subdued ahead of Friday's release of U.S. nonfarm payrolls data, a report that when issued after Asian markets had closed, showed ...
Duration: 1:03
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News Update: Monster Worldwide Gains as Private Sector Employment IncreasesMonster Worldwide Inc (MWW) is on the rise after the Inter based job search pany benefitted from more jobs being created in the United States. The Department of Labor reported that private employment rose 67,000 in August, following a revised 107,000 increase in July. Still, non farm payrolls ...
Duration: 0:44
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News Update: Celldex Plunges as Pfizer Pulls Out of Brain Tumor Vaccine Licensing DealCelldex Theobsutics Inc (CLDX) is plunging, down just over 30% and trading at a new 52 week low of $2.91, after Pfizer Inc. (PFE) pulled out of an agreement to fund the development of a brain tumor vaccine. Celldex said that Pfizer no longer considers the vaccine a strategic priority for the pany. ...
Duration: 0:57
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News Update: Oil This WeekUS crude for October fell $0.38 to $74.64 per barrel on the New York Mercantile Exchange Friday morning, marking its third weekly drop in four weeks. Inventory data from earlier in the week showed that fuel stocks peaked at their highest weekly point since 1990. The market rose above $75 for the ...
Duration: 0:36
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News Update: iPhone application mTrip is more than just a travel guideIn tech news, the AP reports that the new iPhone application mTrip is more than just a travel guide. In fact, it uses smart phone technology to make it easier to get around in foreign locations. It's been called "augmented reality," and it takes the GPS feature on the smartphone and ...
Duration: 0:51
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News Update: ECB Governing Council Member: Europe's Q3 Should Be "OK"Nout Wellink, European Central Bank Governing Council member, told Market News International Friday that Q3 should be "okay" for Europe, Reuters reports. Wellink said that although the policy positions of the European Central Bank are well known, Europe should try to prevent future ...
Duration: 0:39
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News Update: Samsung Electronics Co.: Q3 Will Earn Double Digit Profit MarginSamsung Electronics Co. expects its mobile operations during Q3 to earn a double digit profit margin, reports the Wall Street Journal online Friday. The world's second largest cell phone maker by shipments also forecasts that it will sell an estimated 25 million smartphones this year alone, up ...
Duration: 0:50
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News Update: Google Released Sixth Version Of Its Chrome Browser To Coincide With Its 2nd BirthdayGoogle (NASDAQ:GOOG) has released its sixth version of its Chrome browser to coincide with its second birthday, according to a report from The Inquirer. Chrome version 6.0.472.53 was released two years ago to the day after the pany pushed out the first version of Chrome and it includes patches for ...
Duration: 0:57
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News Update: Positive Retail & Home Sales Reports Ease Economic FearsRetailers reported a 3.3% increase year over year in sales at stores open longer than one year, the Washington Post reports Friday. The positive retail report was followed by an equally positive real estate market report Thursday. The National ociation of Realtors reported that pending home sales ...
Duration: 0:43
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News Update: Romanian Finance & Economy Ministers ReplacedBusinessWeek. reports on Friday that Romanian Prime Minister Emil Boc has ejected Finance Minister Sebastian Vladescu and Economy Minister Adrien Videanu. The new Finance Minister is economist Ghehe Ialomitianu and the new Economy Minister is the head of the Senate's budget and finance mittee, Ion ...
Duration: 0:48
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News Update: Esterline Technologies Gains 7.3% on Strong Q3, FY Earnings Revised UpEsterline Technologies Corp (ESL) is surging before the bell as the defense contractor reported third quarter ine that beat annaysts' expectations. It also raised its full year outlook. Esterline posted earnings of $39.9 million, or $1.30 a share, pared to $32.6 million, or $1.09 a share a year ...
Duration: 1:01
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News Update: Time Warner Cable will offer ESPN3. to customers at no additional chargeThe AP reports that Time Warner Cable customers will now get full access to the sports website ESPN3., even if they are not subscribers of Time Warner Cable's Inter service this according to a deal struck with The Walt Disney Co. The report outlines the deal, which allows Time Warner video ...
Duration: 0:56
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News Update: Japanese Moary Official: Dollar Yen Ratio "Abnormal"Reuters reports that an official from the Japanese Ministry of Economy, Trade and Industry said Friday that the yen to dollar ratio is "abnormal."Parliamentary secretary for the Ministry, Yosuke Kondo, said, "I think the yen's current level around 85 (to the dollar) is abnormal and ...
Duration: 0:41
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News Update: Liberty Media Refinances QVC Bank Credit Facilities, Shares Lose More than 4%Liberty Media (LINTA) says it refinanced QVC's bank credit facilities with a new Revolving Credit Facility. The Revolver is a multi currency facility, provides a line of credit of up to $2 billion and replaces QVC's existing credit facilities set to expire between 2011 and March 2014. Of the $2 ...
Duration: 0:39
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News Update: Mitel Falls 10.5%, Beats Q1 EPS Estimates But CEO to RetireMitel (MITL) said late Thursday it earned $0.19 per share in Q1, less items, a penny above the Thomson Reuters mean. Sales were $160 million, just above a year ago levels and versus estimates for $160.9 million. CEO Don Smith said he was retiring and that the board has formed a search mittee to ...
Duration: 0:41
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SmarTrend Morning Market Update: September 3rd, 2010U.S. stock futures are trading mixed Friday ahead of the government's monthly employment report. The Labor Department is expected to report private employers added 41,000 workers in August, which would be the fewest since January. The unemployment rate is expected to have climbed to 9.6% in August ...
Duration: 1:13
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News Update: Fight breaks out at US Open during Djokovic Petzchner MatchIt was a good match at Arthur Ashe Stadium last night at the US Open but the match was not on the courts but in the stands between two fans. The NY Times reports that during Novak Djokovic's second round match against Philipp Petzchner game was briefly delayed in the middle of the first set ...
Duration: 1:12
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News Update: Chevron begins exploration off Liberia coastThe AP reports that National Oil pany of Liberia has entered into an agreement with Chevron to begin explorations off Liberia's coast. Fodee Kromah, President of National Oil pany confirmed on Thursday Chevron has been brought in to start the offshore exploration. It is reported that Chevron ...
Duration: 0:48
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News Update: Scientists Have Identified Promising Malaria Drug CandidateA drug has been identified by an international team of scientists as a promising treatment for malaria, which is one of the biggest killers in the developing world, according to a Wall Street Journal report. The drug was shown to be effective when tested in a small number of mice, according to a ...
Duration: 1:20
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Employers Have Begun Shifting More Healthcare Costs To Workers Due To High UnemploymentEmployers are starting to shift more healthcare costs to workers amid high unemployment and a slowed economy, according to a Washington Post report, which cited a study that was released on Thursday. The survey found that the premiums that employees pay for employer sponsored family coverage rose ...
Duration: 0:59
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News Update: Hamas, Militant Groups Warn of Uping Attacks on IsraelLeaders from Hamas and 13 other militant groups have threatened to attack Israel in a new surge of more effective attacks, Al Jazeera reports Friday. Israeli Prime Minister Binyamin anyahu and Palestinian president Mahmoud Abbas were discussing direct talks in Washington Thursday. A spokesperson ...
Duration: 1:09
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News Update: US Defense Sec & Pres. Karzai: Step Up Security Efforts in AfghanistanUS Defense Secretary Robert Gates said Friday that militants taking refuge in Pakistan continue to be a key hazard for Afghanistan, Reuters reports. Afghanistan has blamed Pakistan for the influx of militant groups in the bordering countries. Gates said that Afghan President Hamid Karzai agreed to ...
Duration: 1:03
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News Update: Justice Department Sued Arizona Sheriff Joe ArpaioThe Justice Department sued the sheriff of Arizona's Maricopa County, Joe Arpaio, saying his office has repeatedly declined to hand over documents to federal investigators examining whether his aggressive tactics against illegal immigrants have violated civil rights, according to a Washington Post ...
Duration: 0:59
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