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Thursday, May 24, 2012

Don’t Hate On 8 - From FrugalDad.com

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Don’t Hate On 8 - From FrugalDad.com 

STOCKS GO NOWHERE ON DAY WHEN NOTHING HAPPENS: Here's What You Need To Know, May 24, 2012



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Business Today: Tech pressures Nasdaq in volatile trading

Reuters » Business Today
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05/24/2012
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Tech pressures Nasdaq in volatile trading
NEW YORK (Reuters) - Stocks ended slightly higher in a third session marked by late-day swings, but the Nasdaq fell after NetApp gave a weak revenue forecast, casting doubt on the outlook for tech spending.
Economy trudges along despite Europe turbulence
WASHINGTON (Reuters) - The number of Americans filing new claims for jobless benefits dipped last week and factory activity grew but at a slower pace in May, indicating the economy was plodding along despite growing headwinds from Europe.
Morgan Stanley still has Facebook issues: source
NEW YORK (Reuters) - Morgan Stanley continues to work through trade orders placed on Friday by brokerage customers in Facebook Inc during the social networking company's IPO, two people familiar with the situation said on Thursday.
Chesapeake plans to sell wells in Wyoming, Colorado
HOUSTON/NEW YORK (Reuters) - Chesapeake Energy Corp has put a half-million acres in Wyoming and Colorado up for sale, as the second-largest U.S. natural gas producer scrambles to raise cash to close a $9 billion to $10 billion funding shortfall.
Analysts back Hewlett Packard's layoff plans
(Reuters) - Analysts said Hewlett Packard Co's plan to cut jobs was a step in the right direction but the PC maker will have to do more to regain investors' confidence.
Volkswagen labor to outline UAW stance to U.S. plant workers
WOLFSBURG, Germany (Reuters) - A top German union official will explain to hourly employees at Volkswagen's U.S. plant in early June that his group will not pressure them to join the United Auto Workers union, the automaker's top labor representative said on Thursday.
CFTC sues ex-Chicago broker, alleging Ponzi scheme
(Reuters) - The Commodity Futures Trading Commission (CFTC) has sued a former Chicago floor broker, claiming he ran a four-year Ponzi scheme and fraudulently solicited at least $7.8 million to trade commodity futures contracts.
Warren Buffett eyes more newspapers: report
(Reuters) - Warren Buffett's Berkshire Hathaway Inc is eyeing more newspapers, according to a memo posted on Jim Romenesko's media website. http://tinyurl.com/7odreje
Fidelity, Knight problems add to Nasdaq's Facebook woes
(Reuters) - The repercussions from Facebook's botched initial public offering deepened on Thursday as Fidelity Investments found itself dealing with "thousands" of customers with order problems and at least two firms reported tens of millions of dollars in trading-related losses to Nasdaq.
Eurozone governments ponder Greek exit contingency
ROME/HELSINKI (Reuters) - At least half of euro zone governments as well as banks and large companies are making contingency plans in case Greece decides to leave the single currency area, even though the preferred option is still for Athens to keep the euro.
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