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Second California Earthquake Felt As Far As Las Vegas
Monday, July 8, 2019 - 10:42am | 513Read More...A magnitude 7.1 earthquake struck southern California on July 5, just 34 hours after and approximately seven miles northwest of the 6.4 magnitude event on July 4 that was centered in the city of Ridgecrest in Kern County. The second earthquake, which occurred at 8:20 p.m. local time, was estimated...
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Earthquake Rocks Southern California On Independence Day
Friday, July 5, 2019 - 12:40pm | 351Read More...A 6.4-magnitude earthquake shook Southern California this morning, in the largest temblor to hit the region in 25 years. The earthquake struck at 10:33 a.m. Pacific time near Ridgecrest in Kern County on July 4, according to the U.S. Geological Survey (USGS). It was felt more than 100 miles away...
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Japanese Markets Gain; Earthquake Hits Japan
Tuesday, November 22, 2016 - 12:06am | 239Read More...Japanese stocks were trading higher on Tuesday. A 6.9-magnitude earthquake hit off the Japan’s eastern coast. The Nikkei 225 climbed 0.20 percent, or 36.5 points to 18,142.50, and the TOPIX rose 0.18 percent, or 2.6 points to 1,445.52. iShares MSCI Japan ETF (NYSEARCA: EWJ) rose 0.81...
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In Japan, The Kumamoto Earthquake Did 'Major Damage' To At Least One Local Plant
Tuesday, April 19, 2016 - 3:52pm | 419Read More...The magnitude 7 earthquake and its aftershocks that have been hitting Japan over the last few days have investors worried about damage and disruptions of local businesses. In a series of reports out this week, Citi analysts address the impact the quake has had on a number of companies with...
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Deadly Central American Earthquake Puts Mines and Fracking in Play
Monday, July 7, 2014 - 3:15pm | 518Read More...A major earthquake, with a reported magnitude of 6.9, shook the west coast of Mexico near the Guatemalan border Monday morning, killing at least three people. The tremblor has also sparked concerns regarding the immediate future of several major industries in the region. Mines Mexico...
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Massive Quake In Chile Sends Copper Prices To 3-Week Highs
Wednesday, April 2, 2014 - 12:05pm | 510Read More...The massive earthquake that rocked the northern part of Chile, the world's leading copper producer, also shook up copper prices; briefly sending them to three-week highs. Copper rose to $6,728.75 per metric ton on the London Metal Exchange on Wednesday, its highest level since March 11. The...
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Benzinga Market Primer Friday, August 16
Friday, August 16, 2013 - 5:48am | 971Read More...Futures Higher After Tapering Sell-Off U.S. equity futures rose in early Friday trade after a sell-off on Thursday driven by fears that the Federal Reserve will begin reeling in its asset purchases in September. Also, weak sales guidance from Cisco (NASDAQ: CSCO) and Wal-Mart (NYSE: WMT)...
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Benzinga Market Primer, Friday, December 7: Non-Farm Payrolls Edition
Friday, December 7, 2012 - 6:20am | 804Read More...Futures Slip Ahead of Employment Report U.S. equity futures fell in pre-market trading ahead of the monthly Employment Situation Report. In addition, fears over the lack of a budget deal in the U.S. kept fear high and comments from ECB President Mario Draghi indicate the Bank is less open to rate...
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Earthquake Rocks New York/D.C. Area
Tuesday, August 23, 2011 - 1:11pm | 80Read More...The USGS is reporting that a 5.8 magnitude earthquake has just hit the Washington D.C. and New York areas. The epicenter is said to be between Charlottesville and Richmond, Va. There have been multiple reports of shaking buildings the Washington D.C. and the New York areas. Pentagon personnel...
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California Muni Bonds - Is The Reward Worth The Risk? (Part 4)
Wednesday, June 15, 2011 - 4:52am | 770Read More...Every investment has its risks, and California municipal bonds certainly has its fair shares and some more. First and foremost, municipal bonds are fixed-income investments, and they are typically highly sensitive to interests rates. While we do not believe that normal interests rate fluctuation...
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Moody's Puts Japanese Bond Ratings on Review for Possible Downgrade
Tuesday, May 31, 2011 - 5:05am | 171Read More...Moody's Investors Service announced Tuesday it put Japan's bonds on review for possible downgrade, dealing another blow to an economy already devastated by turmoil since the March earthquake and tsunami. Citing long-term fiscal concerns, Moody's is re-evaluating its view on Japan's Aa2 local and...
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TEPCO's LNG Purchases Rise to Record (TGP, GLNG)
Sunday, April 24, 2011 - 4:03pm | 261Read More...After the devastation of the Japanese earthquake and the closer of its Fukushima Dai-Ichi and Dai-Ni nuclear power stations, Tokyo Electric Power (OTCBB: TKECF) purchased a record amount of liquefied natural gas in March. TEPCO purchased 2.14 million metric tons of LNG in March, an increase of 9.9...
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Two Sony Plants Shut Down After Earthquake Cuts Power (SNE)
Friday, April 8, 2011 - 5:22am | 167Read More...Sony (NYSE: SNE) said on Friday that two of its Japanese plants were shut down after Thursday's earthquake cut the power. Numerous manufacturers, including Sony and Apple (NASDAQ: AAPL), have had to adjust supply chain models to accomodate the devastating earthquakes in Japan. According to a...
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How to Trade the Japanese Radiation Scare (LDK, TSL, HSOL, FAN, PWND, GEX)
Thursday, March 24, 2011 - 8:56am | 521Read More...There are growing concerns both inside Japan and internationally regarding how the country's food and water supply have been affected by the ongoing troubles at the Fukushima Daiichi nuclear power plant that was severely damaged by the earthquake and tsunami that hit Japan earlier in the month and...
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G7 Can Do More For Yen
Wednesday, March 23, 2011 - 3:38am | 497Read More...One of the casualties of the Japan earthquake and tsunami was Yen, Japan's currency. Rather than tanking because of the extra liquidity Bank of Japan provided for the market, Yen surged against all other currencies instead. In this case, traders followed the same playbook for the 1995 Kobe quake...
