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Workers operate the first assembly line started at the new Bicycle Corporation of America plant in Manning,WASHINGTON (Reuters) - New orders for U.S. factory goods unexpectedly fell in January, posting their sixth straight monthly decline.


3/5/2015 9:12:38 AM

Traders work on the floor of the New York Stock ExchangeU.S. stocks were modestly higher on Thursday after two days of declines as investors held back on big bets ahead of Friday's jobs report, which is expected to be a big factor in influencing the timing of a Federal Reserve interest rate hike. The S&P and the Dow hit records and the Nasdaq surpassed 5,000 at the start of the week after a strong February performance for U.S. stocks. "People are taking a wait-and-see approach ahead of the jobs report," said Paul Brigandi, managing director of portfolio management at Direxion Funds in New York. The Dow Jones industrial average rose 36.89 points, or 0.2 percent, to 18,133.79, the S&P 500 gained 3.84 points, or 0.18 percent, to 2,102.37 and the Nasdaq Composite added 19.32 points, or 0.39 percent, to 4,986.46.


3/5/2015 2:18:05 PM

The number of Americans filing new claims for unemployment aid last week rose to its highest level since May, but economists dismissed the increase as weather-related and said the jobs market remained solid. The reports, however, suggested some near-term weakness in economic growth. "The underlying fundamentals of the economy remain solid and there is no reason we won't continue to see the type of economic growth and job growth that we saw in 2014 continuing this year," said Gus Faucher, senior economist at PNC Financial Services Group in Pittsburgh. Initial claims for state unemployment benefits rose by 7,000 to a seasonally adjusted 320,000 for the week ended Feb. 28, the Labor Department said.

3/5/2015 11:00:25 AM

A screen displays the share price for pharmaceutical maker AbbVie on the floor of the New York Stock ExchangeAbbVie Inc is to buy Pharmacyclics Inc for about $21 billion, giving it access to what is expected to be one of the world's top-selling cancer drugs and expanding its reach in the profitable oncology field. The deal -- the latest example of a big drugmaker swooping on a biotech firm to refill its medicine pipeline -- confounds expectations that Pharmacyclics would sell out to Johnson & Johnson . AbbVie will pay $261.25 per share in cash and stock, a 13 percent premium to Pharmacyclics stock's closing price on Wednesday. AbbVie failed last October to buy Dublin-based Shire Plc for $55 billion after the United States took steps to deter such tax-lowering deals.


3/5/2015 1:15:10 PM

A man walks past a branch of Commerzbank ahead of the bank's annual news conference in FrankfurtCommerzbank AG is nearing an agreement to pay U.S. authorities more than $1.4 billion to settle alleged violations of U.S. sanctions and a separate probe that stemmed from transactions linked to an Olympus Corp accounting scandal, according to two people close to the case. Margarita Thiel, a spokeswoman for Commerzbank, Germany's second-largest lender, declined to comment. The agencies include the U.S. Department of Justice, the U.S. Department of Treasury, the Federal Reserve, the Manhattan District Attorney’s office, the U.S. Attorneys in Washington D.C. and Manhattan, and New York’s financial regulator, the Department of Financial Services. Commerzbank told investors on Feb. 12 to brace for higher legal charges after adding close to half a billion euros to its legal reserves for 2014, saying negotiations with U.S. authorities intensified.


3/5/2015 2:15:43 PM
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Here is a quick list of some of the areas we cover: ORANGE COUNTY, LOS ANGELES, SAN BERNARDINO, RIVERSIDE, KERN CO.
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714-493-5069     In Southern California 

           

                                       Listing and Sales of: Houses, Investment Property, Condos, Office and Private Rentals, Professional Office Leases + more.  Consultations are also provided on individual cases for an extra fee. AGENT IS A CERTIFIED SHORT SALE & PROPERTIES-IN-FORECLOSURE SPECIALIST.

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      Chantal, Beata, Blyssey                                         

And The Kids Grew Up!!! Go See More Pictures of Their Graduation. Tabs on left hand side towards the bottom.


 


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