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Australian connoisseurs of salty, meaty pies can now sink their teeth into the new Four’N Twenty Stuffed Crust Pizza.
The original news story was published at an earlier date. Read more here at IGN.com:
http://www.ign.com/articles/2015/05/26/australian-pizza-hut-launches-sarlacc-pit-of-pizza
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Sudbury – The Greater Sudbury Hydro Plus and Electrical Safety and Conservation are teaching school children from JK to grade 8 about electrical safety.
May 22, 2015 Financial News – Business News – Stock Exchange – NYSE – Market News
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On Monday, no major economic news was released, but both the Dow Industrials and the S&P 500 closed at record highs, bolstered by the apparent reluctance of the Fed to rush to raise interest rates.
On Tuesday, another record high close for the Dow, however, it was a small gain and the S&P 500 and NASDAQ were down slightly. Housing starts for April were unexpectedly strong, up 20% and new home permits were up 10%, some of the best numbers seen in the housing sector in over 7 years. The dollar rose more than 1% against the Euro.
On Wednesday, the Fed minutes from its last meeting were released, pleasing markets with the fact that the majority of Fed members don’t see a need to raise rates in June. Fed members also considered the weak growth of the first quarter to be an anomaly, due to bad weather, a port strike, and the plunge in oil prices. Markets didn’t do much on the news and closed mixed.
On Thursday, jobless claims for the week ending May 16th increased by 10,000 to 274,000, the Markit PMI manufacturing flash index declined slightly in May to 53.8, compared to 54.2 in April, and existing home sales for April were down 3.3%, below expectations as analysts were expecting a 1% gain. Despite the mixed economic news, markets closed slightly higher, with the S&P 500 eking out another record high.
On Friday, the consumer price index for April rose .1%, in line with expectations. However, the core figures, which excludes foods and energy cost, rose a strong .3%. Markets opened mixed on the news.
Now let’s take a look at some stocks.
Alibaba Group Holding Limited shares were under pressure early this week before beginning to rally Wednesday after the Chinese e-commerce company was sued by several luxury brands, including Gucci and Yves Saint Laurent, for profiting from sales of counterfeit goods. At the same time, Taiwanese authorities have ordered Alibaba’s online marketplace, Taobao, to halt operations for failing to apply for the proper permits as a mainland Chinese company.
Yahoo! Inc. shares tanked at the end of Tuesday following an announcement that the IRS might be changing regulations that will complicate Yahoo’s plan of spinning off their stake in Alibaba. The new regulations might require a minimum size for active businesses inside a spun-off company.
eBay’s stock fluctuated erratically on Wednesday after regulators accused eBay’s PayPal business of illegally registering consumers for an online credit product. The Consumer Financial Protection Bureau has ordered the company to pay million in fines.
CVS Health Corporation’s stock was up Thursday after news surfaced that CVS will be acquiring Omnicare, a healthcare services company, for nearly .7 billion. CVS is attempting to expand their market share among the senior citizen demographic by providing medications that treat chronic conditions.
May 22, 2015 Weekly Stock Market Wrap-up:
Alibaba Group Holding Ltd(NYSE:BABA)
Yahoo! Inc.(NASDAQ:YHOO)
eBay Inc(NASDAQ:EBAY)
CVS Health Corp(NYSE:CVS)
Business News – Financial News – Stock Exchange – New York Stock Exchange — Wall Street — Market News 2015
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Irish Taxi Man makes ABC Australian News with his funny view on the Irish same-sex marriage referendum taking place today😂😂😂 22/05/2015 #Irish #MarRef #VoteYes #Equality #Ireland #SameSex #Marriage #Funny #TaxiMan #ABC #Australian #News #Dublin #Ireland
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Scientists in Germany using the Hubble space telescope have detected extremely strong magnetic fields in a quasar which is said to be about 4 billion light years from Earth. The magnetic fields were measured at 200 million Gauss. In comparison, the strength of the magnetic field at Earth’s surface is only about one Gauss. The scientists state that the magnetic fields are very close to the quasar’s theoretical, central black hole. However, how confident should astrophysicists be in their ideas about cosmic magnetic fields, or their belief in the existence of black holes?
Source story: http://www.q-mag.org/are-super-magnetic-fields-competing-companions-of-black-holes.html
Discussion of the mystery of cosmic magnetic fields: http://phys.org/news/2011-05-cosmic-magnetic-fields.html
“Surprising” discovery of magnetic field in “young” galaxy in 2008: http://phys.org/news/2008-10-magnetic-field-distant-galaxy.html
Want to network with other like-minded individuals? Join us at EU2015 Conference: Paths of Discovery, June 25-29, Sheraton Phoenix Downtown. Start your journey here: https://www.thunderbolts.info/wp/2015/01/31/eu2015-home-page/
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Karl Stefanovic wore the same navy suit everyday for a year, and not one viewer reported that they noticed. The “Today” anchor called it an experiment to highlight sexism and said it was a show of solidarity for his co-anchor who is judged more harshly for what she wears.
May 15, 2015 Financial News – Business News – Stock Exchange – NYSE – Market News
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Business News – Financial News – Stock News — New York Stock Exchange — Market News 2015
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On Monday, markets didn’t have much new economic news to digest, except that the People’s Bank of China had cut interest rates by 25 basis points, the third cut in six months. U.S. Treasury’s continued to rally, and stocks ended the day modestly lower.
On Tuesday, markets remained indecisive, and the only interesting news was the surprise announcement that Verizon is buying AOL for .4 billion in cash. Stocks ended the day down slightly.
On Wednesday, retail sales for April were disappointing, showing no change from the prior month. Most companies in the S&P 500 reported first quarter earnings and 72% beat estimates, with analysts stating that profit grew .2%, better than earlier predictions of a 5.8% decline. So far, for this year, the S&P 500 is trading with a 125 point range, the tightest trading range in almost 10 years.
On Thursday, jobless claims for the week ending May 9th were
264,000, down 1,000 from the prior week, below expectations, and at the lowest levels in 15 years. The producer price index for April was down by .4%, also lower than expected. The Euro continued to gain strength against the dollar. Markets responded with a strong rally, with the S&P 500 closing at a new high, and the tech-driven Nasdaq, closing up 69 points or 1.39%.
On Friday, industrial production for April fell .3%, after a decline of .3% in the prior month. This marks the fifth straight month of declines. Capacity utilization in April also fell to the lowest level in over a year at 78.2%, down from 78.6%. Markets didn’t do much on the news. Now let’s take a look at some stocks.
Now let’s take a look at some stocks.
General Motors Company shares spiked down Tuesday after the company issued a another recall, this time for approximately 522,000 vehicles. The new recall will affect Chevrolet Malibus between the years of 2011 and 2012 and Chevrolet Colorados and GMC Canyons from 2015. The recalls cover various seat and seat belt defects.
Shake Shack Inc. shares soared nearly 10% during pre market hours Thursday after their first quarter financials surpassed analysts forecasts. Shake Shack reported a profit of {videoDescription}.04 per share with revenue of almost million; analysts had expected a loss of {videoDescription}.03 on million of revenue. Also of interest is same-store sales increased by a healthy 11.7% during the first quarter while analysts only expected growth of 5.1%.
Wal-Mart Stores Inc., in an effort to compete with Amazon, announced they will begin testing a new unlimited delivery model for online shoppers that will be priced cheaper than Amazon Prime’s membership fee, at only per year. The testing is expected to begin this summer.
Kohl’s Corp. shares traded down more than 11% on Thursday after their first quarter earnings report showed a lower-than-expected same-store sales figure, primarily hurt by the cold February weather. Kohl’s reported same-store sales grew only 1.4% while analysts forecasted, on average, a growth of 2.6%.
May 15, 2015 Weekly Stock Market Wrap-up:
General Motors Company(NYSE:GM)
Shake Shack Inc(NYSE:SHAK)
Wal-Mart Stores, Inc.(NYSE:WMT)
Kohl’s Corporation(NYSE:KSS)
Business News – Financial News – Stock Exchange – New York Stock Exchange — Wall Street — Market News 2015
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