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Shares in Waddell & Reed topped the local gainers list Friday in what was a lackluster day on Wall Street. The Overland Park mutual fund company closed at $29.96, up 85 cents. On the flip side, Cerner lost $1.33, Kansas City Southern fell $1.12, Layne lost $1.11, and Garmin, $1.06. On Wall Street, investors dumped stocks and locked in profits Friday after the glow of a week full of strong earnings reports faded. The retreat came as cautious forecasts from railroads caused unease about the economy and a rising dollar pushed prices of commodities lower, which hurt materials and energy stocks. According to preliminary calculations, the Dow Jones industrial average fell 109.13 points, or 1.08 percent, and closed at 9,972.18. The Standard & Poor’s 500 index lost 13.31 points, or 1.22 percent, and closed at 1,079.60. The Nasdaq... [read full story]
Vincent Hsieh fills up his vehicle at a gas station in San Francisco, Calif., Wednesday, Nov. 25, 2009. Oil prices sank to near $74 a barrel Friday in Asia as investors curtailed their risky bets on commodities amid uncertainty...
By George Hohmann Charleston Daily Mail CHARLESTON — The Federal Deposit Insurance Corp.’s plan to replenish its insurance fund to cover losses at failed banks is going to cost FDIC-insured institutions in West Virginia more...
Woburn, MA, November 25, 2009 -- Cyberoam, a vendor of identity-based Unified Threat Management solutions (UTM), today announced the launch of its Endpoint Data Protection suite to secure corporate data and manage IT assets....
SAN FRANCISCO (AP) -- Retailers are hoping shoppers eager to avoid crowded stores will turn to the Internet this holiday season. Internet analysts at comScore Inc. expect the time-saving aspect of online shopping will translate...
