September 4, 2010 12:36 am
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Benzinga’s Top ETF Decliners (FAZ, TYP, SOXS, TZA, SQQQ)

Benzinga’s Top ETF Decliners (FAZ, TYP, SOXS, TZA, SQQQ)

Direxion Daily Financial Bear 3X Shares( ETF ) (NYSE: FAZ ) led the decliners among the ETFs today, as the financial stocks continued to move higher.

The Walt Disney Company to Discuss Fiscal Full Year and Q4 2010 Financial Results

The Walt Disney Company to Discuss Fiscal Full Year and Q4 2010 Financial Results

The Walt Disney Company (NYSE: DIS ) will discuss fiscal full year and fourth quarter 2010 financial results via a live audio Webcast beginning at 4:30 p.m. EST / 1:30 p.m. PST on Thursday, November 11, 2010 (results will be released at approximately 4:01 p.m.

Vornado Realty Trust Director Sells 70,000 Shares of VNO

Vornado Realty Trust Director Sells 70,000 Shares of VNO

In a Form 4 filed after the bell today, Vornado Realty Trust.

Obama planning new package of economic aid (AP)

Obama planning new package of economic aid (AP)

AP – Eager to jumpstart the economy ahead of crucial midterm elections, President Barack Obama said Friday he intends to unveil a new package of proposals, likely including tax cuts and targeted spending, to spark job growth.

Republic Airways Reports Increased August Traffic

Republic Airways Reports Increased August Traffic

Republic Airways Holdings (NASDAQ: RJET ), today reported preliminary passenger traffic results for August 2010.

ULTA Is Ultra (ULTA)

ULTA Is Ultra (ULTA)

Shares of Ulta Salon, Cosmetics & Fragrance (NASDAQ: ULTA ) are skyrocketing today, on the company’s better than expected earnings.

Medtronic Bounces After CEO Comments (MDT)

Medtronic Bounces After CEO Comments (MDT)

Medtronic, Inc. (NYSE: MDT ), a leading medical technology company, will be “opportunistic” in seeking acquisitions of as much as $1 billion to restore sales growth, Chairman and Chief Executive Officer Bill Hawkins said Friday

Six Apart and Vox—How Promise Gets Squandered

Six Apart and Vox—How Promise Gets Squandered

Six Apart is shutting down its free blogging service, Vox, and as Mike points out this announcement is really about cleaning up for an upcoming merger with VideoEgg. With 250 million uniques worldwide spread across thousands of blogs and a growing ad business, Six Apart isn’t a failure. But, like Slide and like Digg, it hasn’t lived up to its promise either

Labor market unable to gain traction – MarketWatch

Labor market unable to gain traction – MarketWatch

ABC Online Labor market unable to gain traction MarketWatch WASHINGTON (MarketWatch) — The latest jobs figures released Friday confirm that our nation's labor market has been unable to gain traction. The private sector added 67000 new jobs in August, but overall the economy shed 54000 jobs … Companies add 67K workers, but jobless rate rises The Associated Press Unemployment rate rises, in sign of weak growth Washington Post Jobless rate inches up to 9.6% Philadelphia Inquirer Forbes

Companies add 67K workers, but jobless rate rises – The Associated Press

Companies add 67K workers, but jobless rate rises – The Associated Press

Kansas City Star Companies add 67K workers, but jobless rate rises The Associated Press WASHINGTON — Private employers hired more workers over the past three months than first thought, a glimmer of hope for the weak economy ahead of the Labor Day weekend.

Industrial Alliance Acquires Golden State Mutual Business

Industrial Alliance Acquires Golden State Mutual Business

Industrial Alliance Insurance and Financial Services Inc. announces that it has completed today the acquisition of the in-force life policies of California-based Golden State Mutual

Hedge Funds Have Been A Scam For The Past Twenty Years

Hedge Funds Have Been A Scam For The Past Twenty Years

Mostly now-illegal or dubious activities are how hedge funds have made almost all of their money in the past 20 years.

A Week Full Of Good Data (SPX, TLT)

A Week Full Of Good Data (SPX, TLT)

The economic data this week was positively refreshing: 1) Strong Australian GDP number; 2) Strong Chinese PMI reading; 3) Better-than-expected Consumer Confidence reading Tuesday; 4) Strong ISM Manufacturing reading; 5) Decent retail sales; 6) Nonfarm Payrolls much stronger than expected.

Companies add 67K workers, but jobless rate rises (AP)

Companies add 67K workers, but jobless rate rises (AP)

AP – Private employers hired more workers over the past three months than first thought, a glimmer of hope for the weak economy ahead of the Labor Day weekend. But the unemployment rate rose because not enough jobs were created to absorb the growing number of people looking for work

Labor Day drivers to get a break at the pump – MarketWatch

Labor Day drivers to get a break at the pump – MarketWatch

The Saginaw News – MLive.com Labor Day drivers to get a break at the pump MarketWatch Gasoline prices will continue to drop through the Labor Day holiday as an expected rise in economic activity fails to live up to expectations, … Gas Prices Lower Heading Into Labor Day Weekend Consumer Affairs Gas prices head down before Labor Day holiday Central Valley Business Times More drivers hitting the road for Labor Day weekend Northwest Cable News Contra Costa Times

Unemployment rate rises, in sign of weak growth – Washington Post

Unemployment rate rises, in sign of weak growth – Washington Post

New York Times Unemployment rate rises, in sign of weak growth Washington Post The unemployment rate edged up and private sector job creation continued at a modest pace in August, the government said Friday, reflecting an economy that is treading water, neither accelerating into a robust recovery nor slipping into … Unemployment rises slightly in August to 9.6% Los Angeles Times Jobless Rate 9.6% In Mixed Labor Report Forbes Companies add 67K workers, but jobless rate rises The Associated Press DailyFinance

ChinaNet Online Holdings Start Trading on NASDAQ

ChinaNet Online Holdings Start Trading on NASDAQ

ChinaNet Online Holdings, Inc.

MDS Nordion Appoints Kenneth Newport to its Board (MDZ)

MDS Nordion Appoints Kenneth Newport to its Board (MDZ)

MDS Nordion (NYSE: MDZ ) today announced that Kenneth Newport of Ottawa, Canada has been appointed to its Board of Directors.

SouthWest Water Merger to Close (SWWC)

SouthWest Water Merger to Close (SWWC)

SouthWest Water Company (Nasdaq: SWWC ) today announced that it has received approval for its proposed merger from the California Public Utilities Commission, a required condition to closing.

BP: Gulf oil spill cost hits $8 billion – USA Today

BP: Gulf oil spill cost hits $8 billion – USA Today

The Hindu BP: Gulf oil spill cost hits $8 billion USA Today BP said Friday it spent $8 billion so far on the response to the Gulf of Mexico oil spill. The cost includes containment, relief well drilling, static kill and cementing, grants to the Gulf states, claims paid and federal costs, the energy giant … BP oil spill costs surge to $8 bln AFP BP oil spill costs hit $8 billion MarketWatch US Probes Mariner Fire in Gulf of Mexico That Sparked BP Spill Deja Vue Bloomberg The Associated Press