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Category Archives: News

News Byte: General Buzz on the Net 7/7/2008

GOOD NEWS FOR ALCOA AHEAD OF RESULTS
Aluminum prices shot above the March records amid indications of a cut-back in some supply out of China, sending shares of some basic materials names sharply higher Monday. Alcoa (AA) added 4% in early trading, as investors handicapped what impact those surging prices will have on the aluminum company’s [...]

S in the news

Yours truly made it to the frontpage of Blog runner this evening—thanks to your faith and support.

New Byte: Is it the beginning of the end or the end of the beginning?

The unemployment report came out at 8:30 EST. The number of people filing for unemployment benefits rose by 16,000 last week to 404,000, only the second time in this cycle that initial claims have been above 400,000, the Labor Department reported Thursday. The four-week average of new claims rose to 10,250 to 390,500, the highest [...]