Almost a quarter of a million people applied to be one of the 70,000 strong army of volunteers that have powered London's Olympics.
Top Post-Market Nasdaq Movers ( (Homeowners Choice, Mercury, Career Education, Atmel, Approach, Rovi, FEI, comScore)
The top after-market Nasdaq gainers Friday were Homeowners Choice Inc, Mercury Computer Systems, Career Education Corporation and Atmel Corporation. The top after-market Nasdaq losers were Approach Resources Inc, Rovi Corporation, FEI Company and comScore Inc. Gainers Homeowners Choice Inc (HCII) shares climbed 6.01 percent to $19.59 in the after-hours trading
The pressures on the Washington Post Co. ( NYSE : WPO), the sixth-largest U.S. newspaper group by circulation, are twofold: the erosion in advertising and circulation revenue of its print properties, and the plunging profit of Kaplan, its for-profit education division, as the federal government enacts more regulations
Next week will be a reasonably quiet one for both the U.S. and the euro zone.
A pedestrian walks past an RBS branch in the City of London RBS Group posted a 6.7 percent slide in first half operating profits as the state-owned bank continues to shed assets and bolster its capital base. The Edinburgh-based bank said group operating profit for the first 6 months of the year fell to £1.834bn from £1.966bn during the same period last year. A large portion of the decline, however, relates to a £2.974bn charge the bank booked for the period linked to the increased value of its own bond in the capital markets
Major Asian indices continued their sell-off for a third consecutive day as the European Central Bank (ECB) failed to offer any new stimulus measures after its policy meet on 2 August. Japan 's Nikkei 225 Stock Average dropped 1.6 percent in morning trade and the MSCI Asia Pacific Index (MXAP) lost 1.2 percent, a loss of half of its weekly gain. Shares of consumer electronics makers such as Sharp and Sony dropped the most, 30 percent and 8.5 percent respectively in Japan , hit by heavy quarterly losses
China 's services activity growth recovered in July to the fastest pace in nine months after the slowdown in June, according to the HSBC Purchasing Managers' Index (PMI) released Friday. The services PMI rose to 53.1 in July compared to 52.3 in June, diminishing the apprehensions about the soft global demand and the reduced real estate investment in the world's second largest economy
CA Technologies has offered to do all it can to solve the computer problems that wreaked havoc on Royal Bank of Scotland and NatWest accounts for a week, IBTimes UK has been told. "RBS is a valued CA Technologies customer - we are offering all assistance possible to help them resolve their technical issues which are unique to their environment," Lisa Ward, communications director of CA Technologies said. She declined to comment on the legal action reportedly planned by RBS over the technical meltdown which triggered customer panic and sparked huge losses in compensation.
Greece's new government - and the streets of Athens itself - appear to be edging closer to chaos after a series of bizarre events highlight the enormous difficulty its leaders will have in delivering the kind of reforms necessary to save its place inside the Eurozone.
The rupee weakened on Friday on worsening global risk sentiment, but posted its first weekly gain against the dollar in more than two months as the local currency recovers from oversold conditions. The rupee has recovered since hitting a string of record lows last month, with the latest hit on May 31 when it dropped to 56.52 to the dollar, marking what so far has been a near-term bottom for the local currency