Daybreak Game Company president John Smedley revealed on Twitter today that H1Z1 has sold more than one million copies via Steam since its early access release on January 15.
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Oct. 9 (Bloomberg) — Tesla Chief Executive Officer Elon Musk is expected to announce a new vehicle at an event on Thursday. Bloomberg’s Sam Grobart takes a look at the car’s likely features and how Tesla is making a play for the mass market.(Source: Bloomberg)
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March 6, 2015 Financial News – Business News – Stock Exchange – NYSE – Market News
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On Monday, the Nasdaq closed above 5,000 for the first time since the dot-com crash in March of 2000, while the Dow Industrials and the S&P 500 hit record highs. The ISM manufacturing index for February dropped to 52.9, the lowest level since January of 2014. Personal income for January increased .3% and personal spending fell .2%. The People’s Bank of China cut benchmark interest rates by .25%, in an attempt to halt deteriorating economic conditions in that country.
On Tuesday, motor vehicle sales for February were down, with domestic vehicle sales coming in at 13.1 million, 300,000 units lower than January, and likely due to bad winter weather.
On Wednesday, the ADP employment report for February was down 38,000 to 212,000, slightly below expectations. The ISM non-manufacturing index for February was up slightly to 56.9, pointing to continued strength in the services sector.
On Thursday, the European Central Bank announced they will begin asset purchases next week of 60 billion euros a month. Jobless claims for the week ending February 28 rose 7,000 to 320,000, higher than expected.
On Friday, the highly awaited employment report came out for February and nonfarm payrolls were 295,000 up 56,000 and the unemployment rate down .2% to 5.5%. Market were down on the news, fearing that the Fed will hike rates sooner due to the strong job numbers.
Now let’s take a look at some stocks.
GoPro, Inc. shares tumbled at the start of this week, closing below .00 on Monday, down nearly 5%, after Chinese electronics giant Xiaomi release their Yi Action Camera, a waterproof camera designed to compete with GoPro. Xiaomi’s new camera is currently only available for
sale in China and costs only , less than half the cost of GoPro’s cheapest camera.
Lumber Liquidators Holdings, Inc. stock slid the entire week following a report on CBS’s “60 Minutes” showing Lumber Liquidators’ laminate flooring that is made in China contains formaldehyde in greater amounts than permitted by California standards. Formaldehyde, is a known carcinogen. The company claims these accusations were falsely created by short sellers and intends to fight them.
Alibaba Group Holding Limited shares dropped Tuesday after the company came under scrutiny regarding the validity of its sales volume due to “fake” orders placed with the company. At the same time, the Taiwanese government accused the company of violating investment rules by registering through a Singapore-based holding company in order to hide its Chinese ownership.
Alcoa Inc., saw their stock down more than 6% Wednesday after analysts at Bank of America lowered their stock rating from “buy” to “neutral” while also cutting their price target from to . B of A stated that “worsening aluminum fundamentals” was the reason for the downgrade.
March 6, 2015 Weekly Stock Market Wrap-up:
GoPro Inc. (NASDAQ:GPRO)
Lumber Liquidators Holdings Inc. (NYSE:LL)
Alibaba Group Holding Ltd. (NYSE:BABA)
Alcoa Inc. (NYSE:AA)
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March 13, 2015 Financial News – Business News – Stock Exchange – NYSE – Market News
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Monday was the 6th birthday of the bull market in U.S. stocks; the S&P has climbed about 206% since 2009. Stocks bounced back from last week’s selloff with no major economic data releases to rock the boat. But the roller coaster ride started on Tuesday when stocks plunged 1.5%, erasing their entire gains for the year so far. Markets couldn’t shake off the pressure from a surge in the dollar and weakness in oil. On Wednesday the dollar continued its relentless rally and the euro touched a new 12-year low. On Thursday retail sales declined 0.6% in February but cheap gasoline prices are not to blame this time; it was the latest auto sales number, which dropped 2.5%. Initial jobless claims fell a very steep 36,000 in the first week of March to 289,000. Stocks rallied into the close after a shaky two days; the rebound was probably in response to many investors who think the Fed will not be raising interest rates due to the mixed economic data. The roller coaster ride continued on Friday with the market trading off the dollar; U.S. Producer Price index for February showed a decline of 0.5 percent, missing earlier estimates.
Now some company highlights:
First, Apple unveiled its first smartwatch and a new MacBook Air in a media event on Monday. Tim Cook said the watch is Apple’s most personal device; but it was also positioned as a fashion accessory. Apple Watch is the company’s first all-new product since iPad launched in 2010.
Barnes & Noble, the bookstore dropped 10% on Tuesday as earnings came in below Wall Street’s forecasts. The bookstore had planned to spin off its college books business by August, along with its Nook tablets and e-book section. But the company had to pay 55 percent more income tax in the third quarter. Barnes & Noble said its bottom line was hurt by higher tax bills.
Lumber Liquidators, which was battered by a “60 Minutes” report on the safety of its flooring products, continues to trade in volatile pattern, driven by commentaries both positive and negative, on the future of the company. Lumber Liquidators has been trying to repair its reputation over product safety issues, by saying they will now allow customers to freely test their products to ensure its safety.
Warren Resources jumped 13.9 percent on Wednesday after the oil and gas company beat earnings projections. Warren Resources produced about 9.1 billion cubic feet of gas equivalent in the fourth quarter. The New York based company posted a revenue of million.
March 13, 2015 Weekly Stock Market Wrap-up:
Apple (NASDAQ: AAPL)
Barnes & Noble (NYSE: BKS)
Lumber Liquidators Holdings Inc. (NYSE:LL)
Warren Resources (NASDAQ: WRES)
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![Aussie Election: A Game of Polls – feat. Julian Assange [RAP NEWS 20]](https://www.ebizztemplates.com/wp-content/uploads/2015/03/aussie-election-a-game-of-polls-972x547.jpg)
Rap News season finale: Episode 20 – A Game Of Polls. A messenger raven has arrived in the Juice Media studio bearing tidings from the land of Australios: Elections are Coming. The perpetually warring factions and severely inbred families from across the Australian political sphere are squaring up in a more than usually bloody campaign. It’s Right versus slightly more Right in the election to end all elections for a few years. Join Robert Foster as he meets the bloodthirsty players in this violent saga. Who will slay whom? Who will prevail and claim the Irony Throne in Canberra? Who is that mysterious platinum-haired challenger in exile overseas? All these questions and more will be ignored in this celebratory 20th episode of Rap News.
– Written & created by Giordano Nanni & Hugo Farrant in a suburban backyard home-studio in Melbourne, Australia – on Wurundjeri Land.
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**CREDITS:
Music orchestration by Adrian Sergovich, based on ‘A Game Of Thrones’ theme by Ramin Djawadi: http://www.youtube.com/watch?v=s7L2PVdrb_8
Beat by One Tone: http://www.youtube.com/user/TheOfficialTone
Instrumental re-working of John Farnham’s ‘You’re the Voice’ by Steve Proctor: http://www.youtube.com/watch?v=ve0mB-_G-2o
Original Johnny Farnham music video: http://www.youtube.com/watch?v=tbkOZTSvrHs
Julian Assange’s vocals are sung by Chris Doheny; recorded by Jonathan Dreyfus and Craig Harnath @ Hothouse Audio St. Kilda.
Guest appearances by:
Sean Bedlam as Kevin Rudd http://www.youtube.com/user/seanbedlam
Ellen Burbidge as Julia Gillard
Julian Assange as Julian Assange (really)
Voices for Kevin and Tony performed by Ming Lang of http://www.superawesomeparty.com
Voice for Julia performed by Lucy Cahill
Make-up courtesy of Rosie Dunlop
Images and artwork by Photoshop ninja Zoe Tame: http://www.visualtonic.com.au
Blood and gore special effects and intro by our Rap News fx-wizard, Jonas Schweizer.
Props to Zoë Umlaut from Umlautronics for creating the superb props
Our Ecuadorian Embassy film crew: Ibrahim Serra-Mohammed, Juan Luis Passarelli, Jose Luis Passarelli and Stella; thanks to Sarah Harrison for tactical assistance
Vaarunika Dharmapala for kind hospitality in the UK.
Our friends Ben Erwin and Nick W. for technical assistance and advice
Jillian, Julie, Isabelle and Sally for brainstorming conversations about misogyny 🙂
Koolfy from http://nurpa.be for creating the sync’d English captions for all our episodes, including this one.
Video and music edited by Giordano
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February 27, 2015 Financial News – Business News – Stock Exchange – NYSE – Market News
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On Monday, existing home sales for January were released, dropping a disappointing 4.9% month to month. Economists say existing homeowners are staying put longer due to economic uncertainty and this is creating a supply shortage, which in turn keeps prices high and lowers sales.
On Tuesday, Fed Chair Janet Yellen testified before the Senate Banking Committee and said the magic words: no rate hike is expected for the next couple of Fed meetings. This led to modest rallies. Consumer confidence for February fell more than expected, to 96.4, compared to 102.9 in January.
On Wednesday, new home sales for January were better than expected at 481,000 units, only dropping very slightly from the previous month. Oil futures increased slightly to a barrel. Markets didn’t do much, although they hovered close to record highs.
On Thursday, the consumer price index for January showed a month to month decline of .7%, thanks to a decline in energy. Durable goods for January were up 2.8% month to month after declining 3.7% in the prior month. Jobless claims for the week ending February 21st were unexpectedly high at 313,000, up 31,000.
On Friday, the revised fourth quarter GDP came in at 2.2%, down from the original estimated 2.6%. Also released was pending home sales for existing homes in January. The index rose 1.7% month to month, and it is now 8.4% higher than the year ago. Markets were relatively unchanged on the news. Now let’s take a look at some
stocks.
Aruba Networks, Inc. shares soared over 20% after trading hours Wednesday when rumors surfaced that the technology company is in talks to get acquired by Hewlett-Packard. If in fact, these two companies combine, Cisco Systems would face major competition in the wireless
equipment sector.
Sears Holdings Corporation’s stock plummeted more than 6% on Thursday after reporting its fourth straight year of decreasing earnings. The retailer has taken numerous preventative measure including cost cutting and store closures, but this has not been good enough to reverse the downward trend. For the period ended January 31st, Sears lost 0 million or .50 per share while revenues decreased to .1 billion from .6 billion.
DryShips, Inc. reported weak fourth quarter earnings, with a million net loss or $.04 per share, slightly better than the year-ago loss of .4 million or $.06 per share. Net income was reported at only {videoDescription}.02 per share, missing forecasts of {videoDescription}.05 per share. The company’s stock was down just over 3% on Thursday.
CollabRx, Inc. shares plummeted more than 34% Thursday after the healthcare technology company priced a public offering of 2.4 million shares of common stock at .27 per share. This would be the second public offering by CollabRx within a week; the previous offering was priced at .25 per share for 3.8 million shares.
February 27, 2015 Weekly Stock Market Wrap-up:
Aruba Networks Inc. (NASDAQ: ARUN)
Sears Holding Corp. (NASDAQ: SHLD)
Dryships Inc. (NASDAQ: DRYS)
CollabRx Inc. (NASDAQ: CLRX)
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