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Explosions and arrests amid Bangladesh strike

| May 17, 2012 | 0 Comments
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In Bangladesh, opposition parties observed a nationwide strike on Thursday over the detention of 33 politicians. They were accused of being involved in an arson attack during anti-government protests last month. Al Jazeera’s Nicolas Haque reports from the capital, Dhaka.

Buckle Tops Estimates As Sales Rise 10%

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Buckle (NYSE:BKE) reported Q1 EPS of $0.79, topping estimates of $0.76 a share. Revenues in the quarter rose 10% year-over-year to $264 million, inline with estimates. Comparable stores sales for the quarter increased 7.4% from the same period a year ago and online sales increased 15.1% to $19.7 million year over year. Currently, Buckle is [...]

IDF denies Palestinians injured in Gaza artillery strike

| May 17, 2012 | 0 Comments
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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 [...]

Cameron slams Euro bosses as people pull the plug

| May 17, 2012 | 0 Comments
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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 [...]

‘Grexit: Army on streets & border shutdown’

| May 17, 2012 | 0 Comments
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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 [...]

Big Brother watches Americans through surveillance cameras

| May 17, 2012 | 0 Comments
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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

| May 17, 2012 | 0 Comments
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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 [...]

JP Morgan Slides As Trading Loss Widens: NYT

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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 [...]

Sears Announces New Spin-Off of Canadian Business

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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 [...]

Dollar Tree Tops Estimates, But Sandbags Guidance

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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, [...]