Monthly Archives: August 2011

Analysis: Big-name stocks cheaper than during 2008-09 crisis (Reuters)

Written on August 31, 2011 by Editor - Stock Markets News

NEW YORK (Reuters) – One out of every 10 companies in the SP 500 index — including stalwarts like Apple and JPMorgan Chase — is now cheaper than during the 2008-2009 market meltdown. Even as SP 500 earnings soar past … Continue reading →

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Canadian suit expands Sino-Forest allegations (Reuters)

Written on August 31, 2011 by Editor - Stock Markets News

TORONTO (Reuters) – Sino-Forest is facing accusations in a proposed class-action suit that go beyond fraud allegations that have triggered investigations, its CEO’s resignation and its removal from Toronto’s main stock index. Two Canadian law firms, Koskie Minsky LLP and … Continue reading →

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Wall Street ends worst month in year on upbeat note (Reuters)

Written on August 31, 2011 by Editor - Stock Markets News

NEW YORK (Reuters) – Stocks closed out the worst month in more than a year on an up note on Wednesday, with sharp gains in the last several days still not enough to repair the damage from a U.S. credit … Continue reading →

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Summary Box: Stocks rise as factor orders surge (AP)

Written on August 31, 2011 by Editor - Stock Markets News

QUIET END: Stocks edged higher Wednesday on a report that factory orders surged in July. The Dow Jones industrial average turned higher for the year. The Dow’s four-day winning streak ended a tumultuous August that had the most 400-point swings … Continue reading →

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First-and second-generation immigrants make up 41 percent of Ivy League black students (The Lookout)

Written on August 31, 2011 by Editor - Education News

Cord Jefferson at Good Magazine points to research that shows that first-and second-generation black immigrants make up 41 percent of all black students at Ivy League universities, even though they constitute less than 1 percent of the U.S. population. Jefferson … Continue reading →

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Gaddafi foreign minister arrested: witness (Reuters)

Written on August 31, 2011 by Editor - Religion News

JANZOUR, Libya (Reuters) – Muammar Gaddafi’s foreign minister, Abdelati Obeidi, was arrested Tuesday at his farm in Janzour, a suburb west of Tripoli, a Reuters correspondent said. Forces for the ruling National Transitional Council shouted “Allahu Akbar” or “God is … Continue reading →

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Vail Resorts adds photo features to EpicMix app (AP)

Written on August 31, 2011 by Editor

DENVER – Tens of thousands of skiers used Vail Resorts Inc.’s free EpicMix application last season to track how much they were skiing and to compete with friends and strangers over how many digital pins they could collect for their … Continue reading →

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NKorea launches tours from China, snubbing SKorea (AP)

Written on August 31, 2011 by Editor

MOUNT KUMGANG, North Korea – A rusty cargo ship festooned with welcome banners arrived Wednesday at North Korea’s Diamond Mountain resort to mark the launch of new tours from China that snub Seoul and aim to replace suspended South Korean … Continue reading →

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Planes, trains, buses return to normal — almost (AP)

Written on August 31, 2011 by Editor

NEW YORK – There wasn’t a spare seat to be found on planes or buses Tuesday as travelers stranded by Hurricane Irene finally headed home. The nation’s transportation system was nearly back to normal, giving hope to vacationers looking for … Continue reading →

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Yao asks that Hall nomination be put on hold (AP)

Written on August 31, 2011 by Editor - Sports News

HOUSTON – Yao Ming’s agent has asked the Naismith Basketball Hall of Fame to set aside Yao’s nomination for a year. Yao retired in July and was nominated by a member of the Chinese media as a contributor to the … Continue reading →

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