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KQEH Nightly Business Report December 11, 2015

Energy shares were among todays tom performers even as one of the biggest names in the sector said it will slash its capital spending. More on that in just a moment. By the close today the dow industrials rose 82 points to 17,574. Nasdaq gained 22. And the s p 500 added 4. As for domestic crude, it fell another 1 to close at 36. 76 a barrel. A report from opec pressured prices. The cartel says it pumped more oil in november than during any month in the past three years. Those low oil prices prompting Conoco Phillips to cut spending on projects next year by 25 . It also follows similar moves by other oil companies. Response in the stock price was positive with shares rising about 1 1 2 . Morgen brennan has more on the latest Energy Company to feel the heat from the slide in crude. The u. S. Oil major releasing its operating plan and
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KQEH Nightly Business Report January 1, 2016

The dow transports also had their worst year in the last seven. The nasdaq was the standout. Today the dow lost 178 points to finish the year at 17,425. The nasdaq dropped 58 thanks in part to a 2 drop in apple. Apple turning in its first negative year since, you guessed it, 2008. And the s p 500 dropped 19. For the year the dow fell more than 2 . The big winner, the nasdaq, up better than 5 1 2 . And the benchmark s p was down less than a percent but down nonetheless. Bob pisani looks at what happened. Reporter 2015 was the year almost nothing worked. It started out with a few simple ideas. Oil was weak but it would strengthen in the second half of the year. U. S. Was the best place to invest in stocks in the world. Europe was stuck in slow or no growth. And china was decelerating and also not the place to invest in stocks. Turns out it was all wrong. Oil went to new lows instead of moving up. China was a roller coaster but the shanghai market was one of the best stock markets in the ....

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KQEH Nightly Business Report December 25, 2015

Strong gains. But the major averages did manage to record their best week since late november. Volume was light on this holiday short and trading session and by the early close today the Dow Jones Industrials were off 50 points to 17,552. Nasdaq gained a wopping 2. 5 points and the s p 500 dropped 3. For the week, all the major averages rose about 2. 5 or more. Oil had a big week with prices for domestic crude rising roughly 9 . But be of good cheer there was some positive news today on the economy. Jobless claims fell to a near 42 year low. The number of americans filing for Unemployment Benefits dropped more than expected last week as the Labor Department continues to tighten. Initial claims declined 5,000 to a seasonally adjusted 267,000 for the weekended december 19th. Well,
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IT export to Japan surges

IT export to Japan: Local software and other information technology-enabled services (ITES) exports to Japan have witnessed a surge in recent times as Bangladeshi companies have established a foothold in the East Asian country. ....

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