Archive for December, 2013

Nasdaq to compensate firms on December 31 for botched Facebook IPO

December 27, 2013
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By John McCrank NEW YORK (Reuters) – Nasdaq OMX Group Inc will compensate firms on December 31 for qualifying claims related to Facebook Inc’s botched May 2012 initial public offering, the exchange operator said in a note to traders on Friday.
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Icebound Antarctic ship edges closer to rescue

December 27, 2013
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SYDNEY (AP) — A ship that has been trapped in thick Antarctic ice since Christmas Eve was nearing rescue on Friday, after a Chinese icebreaker named the Snow Dragon drew close to the icebound vessel.
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Lebanon bombing kills 5, including ex-minister

December 27, 2013
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BEIRUT (AP) — A powerful bombing rocked a central business district of central Beirut Friday, setting cars ablaze and killing five people, including a senior aide to former Lebanese Prime Minister Saad Hariri, officials said.
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STOCKS NEWS EUROPE-Intl Personal Finance slumps on Poland fine

December 27, 2013
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Emerging markets-focused credit company International Personal Finance (LSE: IPF.L – news) loses around a fifth of its stock market value in heavy volume on Fridayafter the company gets hit by a fine in Poland.
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Sensex gains; U.S. economy prospects bolster IT

December 27, 2013
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MUMBAI (Reuters) – The BSE Sensex rose on Friday, sending indexes to its second consecutive weekly gains, as technology stocks such as Infosys extended a rally this year after data continued to signal a sturdier U.S. economy.
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Police to release Newtown massacre documents

December 27, 2013
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By Edith Honan NEW YORK (Reuters) – Connecticut state police plan to release a trove of documents on Friday tied to their investigation of the mass shooting at Sandy Hook Elementary School last year that killed 20 children and six adults, the agency said on its website.
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Pileups block turnpike, interstate in eastern Pa.

December 27, 2013
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READING, Pa. (AP) — Highways in eastern Pennsylvania have been reopened after being shut down for hours because of chain-reaction pileups that ensnared dozens of vehicles on snow-covered roads.
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FOREX-Yen out in the cold as year-end optimism lifts stocks

December 27, 2013
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* Yen falls to fresh five-year lows vs USD & euro
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Dow, S&P 500 close at new record highs

December 27, 2013
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NEW YORK: US stock markets Thursday continued their bull run of 2013, closing at fresh records after a strong US unemployment report.
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McDonald’s drops controversial website

December 26, 2013
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After a series of postings that caused embarrassment for the company, McDonald’s said it will close its employee assistance website.
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