Jobless Claims Rise Slightly

Initial jobless claims rose slightly last week, in line with expectations.

Claims rose 2,000 to 439,000 in the week ending Nov. 13, The Department of Labor said. The revised figure for the previous week was 437,000.

Economists surveyed by Reuters forecast that claims would rise to 440,000 from a previously reported 435,000.

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Companies are slowly adding jobs as the economy improves…

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Jobless Claims Rise Slightly originally appeared on DailyFinance on Thu, 18 Nov 2010 08:24:00.

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Glencore International Considering $10 Billion IPO

Glencore International AG, the world’s largest commodity trader, is considering a $10 billion IPO.

The IPO would be done in London and potentially Hong Kong in the second quarter of 2011, Bloomberg News reported without naming its sources.

Glencor…

The Highest-Grossing Global IPOs of All Time

When all is said and done, General Motors could easily vault to the top of the list, surpassing Visa’s IPO as the biggest U.S. company offering, and beyond Agriculture Bank of China as the biggest ever in the world. Here’s a lo…

Face-Off on Stocks: Macy’s, J.C. Penney, Kohl’s [Video]

The nation’s three biggest department-store operators have been disproportionately pinched by the downturn in consumer spending. That’s what happens when you’re stuck in the middle of the retail-price spectrum during a period of sagging home values and lofty unemployment. [Video]

Continue reading Face-Off on Stocks: Macy’s, J.C. Penney, Kohl’s [Video]

Face-Off on Stocks: Macy’s, J.C. Penney, Kohl’s [Video] originally appeared on DailyFinance on Tue, 16 Nov 2010 17:50:00.

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Dow Dives 178 Points on China Interest Rate Hike Fears

The Dow tumbled Tuesday as part of a global sell-off in stocks fueled by further speculation that China will hike interest rates to fight inflation and renewed worries over the wobbly finances of Ireland, Portugal and Greece.
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