From: Voxant Newsroom on Fri, Jul 08 2011 6:29 PM

The U.S. economy added jobs at a slower pace in June than in May, suggesting that the slowdown in the economy might be longer-lasting and more severe than previously expected.Nonfarm payrolls rose by 18,000 in June, below consensus estimates for a 125,000 gain.Job gains in May were revised down ...

From: Voxant Newsroom on Fri, Jul 08 2011 6:29 PM

Berkshire Hathaway (NYSE:BRK.A) CEO and Chairman, Warren Buffett made his yearly donation to Microsoft’s (NASDAQ:MSFT) Bill and Melinda Gates Foundation.Over the past six years, Buffett donated 132.4 million Berkshire Class B shares worth $10.3 billion at a present closing price of $77.77. The f...

From: Voxant Newsroom on Fri, Jul 08 2011 6:29 PM

Equity futures are pointing higher this morning with the Dow Jones Industrial Average looking to open 22 points higher while the broader S&P500 index is looking to open less than one point higher. Moving fast in the pre-market session are shares of Local.com (NASDAQ:LOCM) up over 19% after the co...

From: Voxant Newsroom on Fri, Jul 08 2011 6:29 PM

Microsoft sponsors the worldwide Imagine Cup tech competition to get college students to help solve the world’s problems through technology.

From: Voxant Newsroom on Fri, Jul 08 2011 4:41 PM

In trading on Friday, construction materials & machinery shares were relative laggards, down on the day by about 2.9%. Helping drag down the group were shares of Eagle Materials (EXP), off about 6.3% and shares of CHR (CRH) down about 5% on the day.

From: Voxant Newsroom on Fri, Jul 08 2011 4:18 PM

Microsoft CEO Steve Ballmer is optimistic information technology will help boost overall productivity and hiring.

From: Voxant Newsroom on Fri, Jul 08 2011 2:28 PM

Ameron International (AMN) announced on Friday that its profits fell 90 percent in the second quarter, as construction markets weakened. The company posted net income of $989,000, or 11 cents per share, for the three months ended May 29 versus $9.5 million, or $1.03 per share, in the same period...

From: Voxant Newsroom on Fri, Jul 08 2011 2:16 PM

U.S. mall owner Simon Property Group (NYSE:SPG) agreed to a plan that will give CEO and Chairman David Simon 1M shares to stay at the company for at least another eight years. Based on the share price when the board entered into the agreement July 6, the award was valued at $120.3M, according to...

From: Voxant Newsroom on Fri, Jul 08 2011 2:16 PM

JP Morgan (NYSE:JPM) Today raised its estimates and price targets for Macau Gaming companies across the board. Las Vegas Sands (NYSE:LVS) was raised to $56 from $55, MGM Resorts (NYSE:MGM) to $20 from $19, Melco Crown (NASDAQ:MPEL) to $14 from $11 and Wynn Resorts (NASDAQ:WYNN) to $174 from $158...

From: Voxant Newsroom on Fri, Jul 08 2011 2:05 PM

Data obtained through the Freedom of Information Act by Bloomberg News revealed that Goldman Sachs (GS) borrowed $15 billion from the Federal Reserve in late 2008. This was the biggest single loan during the previously undisclosed crisis era program and these loans had to be repaid within 28 days.

From: Voxant Newsroom on Fri, Jul 08 2011 2:05 PM

With the latest jobs report showing persistent weakness, U.S. President Obama said much more needs to be done bolster employment. Deborah Lutterbeck reports.

From: Voxant Newsroom on Fri, Jul 08 2011 2:05 PM

FOXSports.com business professor Rick Horrow offers his take on the latest ruling in the NFL lockout.

From: Voxant Newsroom on Fri, Jul 08 2011 12:05 PM

Germany exported 12.8 billion euros more than it imported in May on the back of strong demand from the world’s emerging economies.

From: Voxant Newsroom on Fri, Jul 08 2011 11:54 AM

U.S. employers added far fewer jobs than anticipated for a second month in a row, casting doubt on an economic pick-up in the second half of the year.

From: Voxant Newsroom on Fri, Jul 08 2011 9:42 AM

Thousands of fans braved rain and battled security restrictions in London’s Trafalgar Square at the world premiere of the final movie in the record-breaking Harry Potter series.

From: Voxant Newsroom on Fri, Jul 08 2011 7:30 AM

The world’s biggest e-book expo opens in Tokyo, showcasing the future of e-books, e-book vending machines, and e-book rental services.

From: Voxant Newsroom on Fri, Jul 08 2011 7:30 AM

Britain’s Prime Minister David Cameron has explained why he appointed former News of the World editor Andy Coulson as his head of communications following his resignation from the paper.

From: Voxant Newsroom on Fri, Jul 08 2011 5:21 AM

Thailand’s Prime Minister elect Yingluck Shinawatra says she wants to keep campaign promises, but will be flexible; adds baht free float will stay.

From: Voxant Newsroom on Fri, Jul 08 2011 1:17 AM

Allegiant (ALGT) has obtained approval from the Federal Aviation Administration to begin operating the Boeing (BA) 757-200 aircraft type. Andrew C. Levy, Allegiant Travel Company President said, "This is an important day for Allegiant. The addition of the Boeing 757-200 will play an important ro...

From: Voxant Newsroom on Fri, Jul 08 2011 1:06 AM

Costco Wholesale (NASDAQ: COST) posted a higher-than-expected 14% increase June sales at stores with the help of higher gasoline prices and escalating foreign currencies. According to Thomson Reuters data, analysts anticipated on same-store sales to rise 12.7% including the affect of gas prices....