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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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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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The Economy Continues to Improve

Written on February 07, 2011 by Japhet Writ

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Though the US stock is deemed to struggle in the coming days, last week's reports indicate steady improvement as it goes.

With a little economic data at hand and few top-tier company set to release quarterly reports, stocks could struggle for direction in the coming weeks. But with the US economy continuously improving, the investors remain bullish for this year’s stock outlook.

Last week, the Dow Jones held its spot above the 12,000 level while S&P 500 closed above 1,300 points. And not to be outdone, the Nasdaq also rose to heights last week. These gains came from strong manufacturing data that was released last Tuesday, stealing the spotlight from the Labor Department’s payroll reports on Friday.

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