(DJIA) Dow Jones Television: Latest Stock Market Videos!

IDF denies Palestinians injured in Gaza artillery strike

Russia Today — Thu, 17 May 2012 16:00:54 +0000

Israel’s denying reports that its army has shelled parts of Gaza, wounding several civilians. The claims come from Palestinian doctors, who say they’re treating the casualties. The latest from our Middle East correspondent Paula Slier. Subscribe to RT! Watch RT LIVE on our website rt.com Like us on Facebook Follow us on Twitter twitter.com Follow us on Google+ plus.google.com RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is the first news channel to break the 500 million YouTube views benchmark.

Cameron slams Euro bosses as people pull the plug

Russia Today — Thu, 17 May 2012 16:00:53 +0000

Britain’s Prime Minister says the Eurozone must make up or break up. David Cameron told business leaders that the beleagured single currency countries are at a crossroads which demands urgent action to avoid sparking a global depression. Subscribe to RT! Watch RT LIVE on our website rt.com Like us on Facebook Follow us on Twitter twitter.com Follow us on Google+ plus.google.com RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is the first news channel to break the 500 million YouTube views benchmark.

‘Grexit: Army on streets & border shutdown’

Russia Today — Thu, 17 May 2012 16:00:53 +0000

European politicians failed to see that the single currency’s existence is in peril, trying to blame the system’s failures on individual countries, Aditya Chakrabortty, lead economics writer for The Guardian newspaper, told RT. Subscribe to RT! Watch RT LIVE on our website rt.com Like us on Facebook Follow us on Twitter twitter.com Follow us on Google+ plus.google.com RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is the first news channel to break the 500 million YouTube views benchmark.

Big Brother watches Americans through surveillance cameras

Press TV — Thu, 17 May 2012 16:00:51 +0000

Street lights can be helpful for public safety in many US cities, and with cameras attached they can monitor traffic; even be effective enough to reduce accidents say experts. Colin Campbell, Press TV, Washington

EU Crippling Crisis-News Analysis-05-16-2012

Press TV — Thu, 17 May 2012 16:00:51 +0000

With Greece in a last-ditch effort to broker a deal for a coalition government, another election has been announced. But is that the solution? From a coalition govt. to an emergency govt., to a technocrat govt: None has worked. If Greece was to fall, what is going to happen to the Eurozone, where the 17 member bloc has had bleak growth, or no growth, like France? That’s what we’ll be looking at in this edition of the Press TV News Analysis, including the effects that a Eurozone fall-out will have around the world, like in the US. Follow our Facebook on: Follow our Twitter on: twitter.com

JP Morgan Slides As Trading Loss Widens: NYT

Financial News Network Online — Thu, 17 May 2012 16:00:49 +0000

It keeps getting worse for JP Morgan Chase. The big bank is currently down over 3% in early trading on news their trading loss might increase. According to the New York Times, the originally reported $2 billion trading loss has surged by at least $1 billion. JP Morgan CEO Jamie Dimon said that the $2 billion in losses announced last week could double within the next few quarters depending to day-to-day market fluctuations. The overall health of the bank is currently strong, even with the additional losses. However, shareholders are worried that JP Morgan will cut its annual dividend to make up for losses. As of right now, the bank says there is no plan to do that. However, bank analysts are saying that if losses continue to rise the bank might not have a choice.

Sears Announces New Spin-Off of Canadian Business

Financial News Network Online — Thu, 17 May 2012 16:00:49 +0000

Sears Holdings (NASDAQ:SHLD) announced today its board of directors has approved a spin-off related to its subsidiary Sears Canada. The company owns about 95% of Sears Canada and says it plans to distribute a huge chunk of it to shareholders, keeping a 51% stake. Both companies say the spinoff will hopefully cut costs and raise cash to help focus each business, which have been struggling with declining sales. Two years ago, Sears Holdings bought a 17.3 percent stake in the Canadian unit from a hedge fund manager and is now most likely getting rid of most of that purchase. Sears Holdings is soaring on this news, the company is currently up over 8% to $54.82.

Dollar Tree Tops Estimates, But Sandbags Guidance

Financial News Network Online — Thu, 17 May 2012 16:00:48 +0000

Dollar Tree (NASDAQ:DLTR) reported positive earnings this morning. Posting an Q1 EPS of $1, topping estimates of $0.97. The company reported revenues of $1.72 billion, also above estimates of $1.69 billion. However, Dollar Tree’s outlook for the next quarter and beyond is not as spectacular. The company sees Q2 EPS 87c-93c vs. estimates of 95c, and Q2 revenues of $1.66 billion – $1.7 billion, vs. estimates of $1.7 billion. It also sees Q2 comps up in the low to mid single-digit range. Dollar Tree forecasts FY 2013 EPS of $4.74- $4.94, vs. its prior guidance of $4.65-$4.90 given on February 22nd, and estimates of $4.93. Investors are not happy with the lowered guidance. Dollar Tree is down 4% to $97.17.

Alkermes Reports Narrower-Than-Expected Loss

Financial News Network Online — Thu, 17 May 2012 16:00:48 +0000

Alkermes (NASDAQ:ALKS) reported a fiscal Q4 loss of $0.14 per share, beating estimates of a loss of $0.16 a share. Revenues in the quarter rose 155% year-over-year to $130.5 million, above expectations of $125.88 million. Richard Pops, Chief Executive Officer of Alkermes commented on the earnings, “During fiscal 2012, we laid the groundwork to build a major biotech company and are now in a position that few biotech companies ever achieve: we have a financial engine that is generating cash, a pipeline of several promising late-stage candidates and an efficient corporate structure,” “Looking forward, we expect to generate significant cash flow while also advancing our most promising late-stage pipeline assets.” For the 2013 fiscal year the company expects a non-GAAP diluted EPS in the range

What’s In The News: May 17, 2012

Financial News Network Online — Thu, 17 May 2012 16:00:47 +0000