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Tableau Software shares close up 64 percent in market debut
(Reuters) – Shares of Tableau Software Inc rose as much as 68 percent in their trading debut as investors expect the rising interest in big data to power the data analysis software maker’s growth.
Obama seeks to cut Afghan war spending by 10 percent
WASHINGTON (Reuters) – President Barack Obama on Friday trimmed his funding request for the war in Afghanistan and other overseas operations by 10 percent, reflecting his plans to wind down the U.S. presence in that country.
Quintiles shares rise 11 percent in market debut
(Reuters) – Shares of drug research company Quintiles Transnational Holdings rose as much as 11 percent in its market debut, valuing the company at as much as $ 5.73 billion.
Hyundai Motor shares down 3 percent as dollar breaks above 100 yen
SEOUL (Reuters) – Shares in South Korean automaker Hyundai Motor slumped 3 percent to their lowest in more than two weeks on Friday, a day after the U.S. dollar broke through 100 yen.
Chart of the day: Gun homicides are down 49 percent since 1993
The Justice Department is out with new data today showing that gun homicide rates in the United States have dropped 49 percent since 1993. Here it is in chart form, courtesy of Pew Research: There are a few twists here. … Continue reading
Hyundai Motor shares fall more than 3 percent, lowest in more than a week
SEOUL (Reuters) – Shares in Hyundai Motor extended falls to more than 3 percent in early trade on Tuesday, weighed down by the latest strength in the won currency and mounting concerns about labor…
Berkshire Hathaway first-quarter profit rises 51 percent
OMAHA, Nebraska (Reuters) – Warren Buffett’s company Berkshire Hathaway Inc on Friday said first-quarter profit rose nearly 51 percent, helped by improved results in insurance and gains from its investments and derivative contracts.
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Indonesia’s BTPN shares leap 9 percent on Japan SMBC stake buy report
HONG KONG (Reuters) – Shares in Indonesian lender BTPN surged 9 percent on Monday after Reuters reported at the weekend that Japan’s Sumitomo Mitsui Banking Corp was in advanced talks to buy a 40…
Economy grew at 2.5 percent in 1st quarter, amping fears of a stalled recovery
A steep slowdown in defense spending tied to the end of the wars in Iraq and Afghanistan is undercutting the country’s economic recovery, new government data released Friday revealed. The report showed gross domestic product grew at an annual rate … Continue reading