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Special Device Help Prevent Suddent Infant Death

Special Device Help Prevent Suddent Infant Death

Researchers from Germany's Fraunhofer Institute for Reliability and Microintegration IZM in Berlin has developed a new breathing sensor system that help prevent Sudden Infant Death Syndrome (SIDS). This syst...

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University Installs Grass Lawn in School Library

University Installs Grass Lawn in School Library

Cornell University has built a grass lawn inside their school library as a part of a project of their institution's Department of Design and Environmental Analysis. The department is currently conducting a r...

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Wash Your Clothes in a Portable Washing Machine [Video]

Wash Your Clothes in a Portable Washing Machine [Video]

Meet, the Scrubba, a portable washing machine, in form of a bag. This wash bag, allows people to do their laundry, on-the-go. The Scrubba is a lightweight, foldable bag that features small nodules to help sc...

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Fart-Deodorizing Underwear Sold in Japan

Fart-Deodorizing Underwear Sold in Japan

Thanks to Japan's new invention, the Deoest underwear, extreme farters can now release their foul smelling gas and prevent people near them from fainting. It is a fart-deodorizing underwear, created by Profe...

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Stocks Soars as House Prices Jump

Written on June 29, 2011 by Japhet Writ

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U.S. stocks rallied on Tuesday, with the Dow jumping 145 points, as investors cheered a report showing home prices rose for the first time in nine months in April.

Last Tuesday, US stocks rallied, as investors applauded for an increase in home prices for the first time in nine months. Dow Jones was up with 145 points, S&P climbed 17 points, and Nasdaq added 41 points. In addition to these, S&P’s shares were led higher with Nike’s 10% increase in profit and sales. The athletic shoe-maker now sees strength in its Chinese and other overseas markets.

Moreover, S&P’s home price index from Case-Shiller – one of the leading gauges on the housing market – rose to 0.7% last April. However, D.A. Davidson & Co.’s chief investment strategist – Fred Dickson – doesn’t believe that this report represents a housing market bottom.

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Free-fall in Commodities Puts Financial Markets on Edge

Written on May 06, 2011 by Japhet Writ

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As commodities fall and unemployment claims rises, the market stocks are being pushed to the edge.

An unexpected rise in unemployment claims and a free-fall in commodities bring financial markets on edge last Thursday, dragging the stock market lower. Oil prices fell close under $100 per barrel, while Silver settled at $34.41. Metal had its largest one-day drop last Tuesday, as it reached $34. Meanwhile, Gold drops to $1,474.90 an ounce.

Just like the oil price, energy companies also went down with Exxon, Mobil, Chevron and Schlumberger losing more than two percent. However, the drop in oil price was a boost to companies such as Delta Air, which gained seven percent.

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US Stocks Slips Despite Osama bin Laden News

Written on May 03, 2011 by Japhet Writ

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Despite US's rejoice on the death of Al Qaeda leader, Osama bin Laden, the nation's stock still edged lower on Monday.

U.S. stocks surged lower last Monday, as investors shifted their focus back to the economy and earnings news. It was contrary to the positive reaction to the news that Osama bin Laden had been killed by U.S. forces. The Dow Jones industrial average (INDU) fell 3 points to 12,807, after being up as much as 60 points earlier in the day. The S&P 500 and Nasdaq Composite (COMP) fell 2.4 points and 9 points respectively.

According to Fred Dickson, chief market strategist with D.A. Davidson & Co:

“Bin Laden’s death doesn’t eliminate the risk factors and it doesn’t settle the political uprising issues in the Mideast.”

Monday’s losses ends the five-day long positive streak for the S&P 500 and Dow Jones.

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US Stocks Hypes Up due to Afternoon Boost

Written on March 24, 2011 by Japhet Writ

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U.S. stocks finished higher Wednesday. Thanks to a late-day advance, as investors shrugged off jitters about turmoil in the Middle East and Japan's nuclear issues.

With investors shrugging off jitters about the Middle East turmoil and nuclear issues in Japan, the US stocks finished higher last Wednesday due to a late-afternoon boost. Dow Jones closed 67 points higher, while S&P and Nasdaq gained 4 and 14 points respectively. On other hand, the Bank of America is the worst performer on the blue-chip index. According to them, they need to revise their dividend plan after the Fed rejected their initial proposal.

Traders spent most of Wednesday – and the sessions before that – on the sidelines, as global concerns linger. But with lack of any significant developments, they tip-toe their way back into the market later in the afternoon. According to KDV Wealth Management Vice President, Paul Radeke:

“We’ve been watching for more news out of Japan and the Middle East, but there’s not much new information, so that’s improving some confidence. There’s a lot of pent-up demand, and a lack of further bad news will lift the market.”

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Complacence on Upcoming Earnings

Written on January 25, 2011 by Japhet Writ

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"Even if the news next week is favorable, it might not translate to higher prices." --- Nick Kalivas, VP of Financial Research, MF Global

Almost 50% of the companies in Dow Jones industrial average are set to release a quarterly report this week. And though expectation are very high, stocks have muted reaction to more-than-anticipated sales and profits. As some traders put it, the stock market has grown “complacent”. It would take more than blockbuster earnings and concrete economic data to move it higher. However, it is uncertain what that push could be.

Concurrently, analysts also believe that market needs to take a repose for a while. After climbing steadily since December, the stocks bumped some resistance last week. The Dow added 1.2%, the S&P 500 ended flat last week, while Nasdaq fell at 1.7% over the last five trading days. Furthermore, Investors are also expecting this week’s Federal Reserve’s statement to be a snooze.

This incident only shows that an onslaught of earnings may not always translate to higher prices.

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Feeble Economy Shows Smidgen Strength

Written on September 05, 2010 by Japhet Writ

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There is indeed silver lining in every cloud. The US economy shows a little light as their economy starts to rise -- slowly. But, hey, it's better to have a little increase than nothing.

The weak US economy exhibits mild positive results on jobs, store sales and housing. Though the growth remains anemic, figures on unemployment claims, store sales and home buying contracts are treading the right direction. According to Labor Department, the unemployment aid claims fell by 6,000. A forecast from the department states that private business added a net total of 41,000 jobs last month. Growth will continue in a weak pace making the unemployment rate to top 10 percent by next year. One positive sign though, output per hour worked fell in its largest amount while labor costs rose. It is followed by rapid increases in efficiency.

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