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Tencent and EA Bring The Sims Social to China
Monday, February 13, 2012 - 9:07amThe Sims is coming to China's leading social network, Tencent Open Platform. The Sims Social™ is in development at Playfish™ in Beijing, a studio of Electronic Arts Inc. (NASDAQ: EA), and will be available to Chinese players on Tencent's social gaming network QZone. The Chinese name of the game is...
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Kandi Technologies Reports the Company Received Government Financial Subsidies of RMB 32,000 for Each of the Initial 300 EVs Sold
Monday, February 13, 2012 - 9:02amKandi Technologies, Corp. (NASDAQ: KNDI) today announced that the Company received on February 1, 2012 from Jinhua Municipal Government subsidies of RMB 32,000 (approximately $5,024) for each of the initial 300 EVs sold by the end of 2011.. Jinhua City was elected to be the first pilot city for...
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Monday, February 13, 2012 - 8:52am
How to Profit From Japan's Shrinking Economy
Japan's economy shrank more than expected during the last quarter of 2011, as a strong yen and floods in Thailand hampered Japanese efforts to recover from last year's earthquake and tsunami. The Japanese economy shrank an annualized 2.3% during the 4th quarter, which was a much bigger drop than...
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Monday, February 13, 2012 - 7:23am
Financial Breakfast: Morning News Summary for February 13, 2012Monday, February 13, 2012 This is your Benzinga news summary and trader's outlook covering headlines from overnight and today's pre-market session. Benzinga's Top News Greek policymakers have finally agreed on an austerity package that will help it avoid a default on €14.5 billion euros of...
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A Peek Into The Market Before The Trading Starts
Monday, February 13, 2012 - 7:18am
Pre-open movers US stock futures are higher this morning. Futures for the Dow Jones Industrial Average surged 71 points to 12,838.00 and S&P 500 index futures rose 8.30 points to 1,348.90. Nasdaq 100 futures jumped 15.75 points to 2,564.25. A Peek Into Global Markets European markets were...
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Monday, February 13, 2012 - 7:09am
China has Debt Too
Asian markets may have risen on the good news from Greece, but they may want to pay more attention to bad news closer to home. China has recently told its banks to roll over $1.7 trillion in debt in a move to help Chinese municipalities avoid defaulting on its massive debt load. Although many...
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BlueLinx Wins Distribution Agreement for Weyerhaeuser Engineered Wood Products in New England
Monday, February 13, 2012 - 7:01amBlueLinx Corporation today announced a new distribution agreement with Weyerhaeuser to become the independent distributor of Weyerhaeuser's engineered wood products, including Trus Joist® TJI® joist, TimberStrand® LSL, Microllam® LVL, Parallam® PSL, and TJ® Rim board, in the New England area...
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Japanese Ministry of Economy, Trade and Industry has Approved Grants to TowerJazz for its Cap-Ex Investment Plan
Monday, February 13, 2012 - 6:50amTowerJazz today announced that TowerJazz Japan, Ltd. has been selected to receive a cap-ex subsidy from the Japanese Ministry of Economy, Trade and Industry. This subsidy program aims to improve the logistics and facilities of the business locations of companies operating within Japan as well as...
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Monday, February 13, 2012 - 6:38am
Greek Deal Causes Celebration at European Banks--For Now
Tear gas is flowing and buildings are burning in Greece while bankers rejoice. The riots and rallies are thanks to Greek policymakers, who have finally agreed on an austerity package that will help it avoid a default on €14.5 billion euros of outstanding debt. An agreement means that the EU and IMF...
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US Stock Futures Signal Higher Start On Wall Street
Monday, February 13, 2012 - 6:22am
US stock futures are higher this morning. Futures for the Dow Jones Industrial Average surged 74 points to 12,841.00 and S&P 500 index futures rose 8.90 points to 1,349.50. Nasdaq 100 futures jumped 16.75 points to 2,565.25. US stocks closed lower on Friday, with the Dow Jones Industrial...
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