Archive for July, 2014

Stocks turn mostly higher as earnings roll in

July 23, 2014
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NEW YORK (AP) — U.S. stock indexes were mostly higher in early-afternoon trading Wednesday as investors weighed positive earnings from the technology industry against disappointing news from Boeing and other companies. Biotechnology stocks were among the biggest gainers.
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Wall St mostly gains on earnings; biotechs rally

July 23, 2014
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By Ryan Vlastelica NEW YORK (Reuters) – U.S. stocks were largely higher on Wednesday, with the S&P 500 hitting another record high after bullish results from tech giants Apple and Microsoft, though technical resistance and conflicts in Ukraine and the Gaza Strip kept gains in check.
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Gordon Brown: 100 days after #BringBackOurGirls, ‘We will not forget’

July 23, 2014
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By Olivier Knox Former British Prime Minister Gordon Brown told Yahoo News on Tuesday that the world must band together 100 days after the mass abduction of Nigeria schoolgirls to send the message that “we will not forget” the more than 200 children still in the clutches of extremists.
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Judge: Forget lethal injections, use guillotine or firing squads

July 23, 2014
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Judge: Forget lethal injections, use guillotine or firing squads


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Strong licensing helps ARM’s earnings in second quarter

July 22, 2014
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LONDON (Reuters) – ARM Holdings, the British company whose processor designs power Apple’s and Samsung’s smartphones, posted a 9 percent rise in second-quarter profit, helped by strong demand to license its technology.
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Apple asks suppliers to produce up to 80 mln large-screen iPhones – WSJ

July 22, 2014
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(Reuters) – Apple Inc has asked suppliers to manufacture between 70 million and 80 million of its two forthcoming large-screen iPhones by the end of the year, its largest initial production run of iPhones, the Wall Street Journal reported, citing people familiar with the matter.
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U.S. working on case against Russia on downed plane

July 21, 2014
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WASHINGTON (AP) — Video of a rocket launcher, one surface-to-air missile missing, leaving the likely launch site. Imagery showing the firing. Calls claiming credit for the strike. Recordings said to reveal a cover-up at the crash site.
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Palestinian death toll in Gaza tops 500

July 21, 2014
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GAZA CITY, Gaza Strip (AP) — The U.N. chief and the U.S. secretary of state headed to Cairo on Monday to try to end two weeks of Israel-Hamas fighting that has killed at least 508 Palestinians and 20 Israelis and displaced tens of thousands of Gaza residents.
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Egypt’s bourse to extend trading hours from August 7

July 21, 2014
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CAIRO, July 21 (Reuters) – Egypt will lengthen trading hours on its stock exchange and reinstate pre-trading from Aug. 7, it said in a statement on Monday, as it looks to normalise activities following the turmoil of recent years.
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Ukraine nerves send European shares lower

July 21, 2014
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By Patrick Graham LONDON (Reuters) – European stock markets fell across the board on Monday, concerned by an escalation in tensions between Russia and the West and reports the Ukrainian army was moving on a major rebel stronghold.
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