This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

BC-US--Business News Digest, US



WASHINGTON â¿¿ A measure of Americans who signed contracts to buy homes fell only slightly in February to the second-highest level in nearly three years. The report suggests sales of previously occupied homes will keep rising in the coming months. The National Association of Realtors says that its seasonally adjusted index for pending home sales dipped to 104.8 in February. That's down from January's reading of 105.2 â¿¿ the highest since April 2010, when a homebuyer's tax credit was boosting sales. By Martin Crutsinger.


DURBAN, South Africa â¿¿ Leaders of the five BRICS nations fueling global economic growth agree to create a development bank to help fund their $4.5 trillion infrastructure programs â¿¿ a direct challenge to the World Bank that they accuse of Western bias. By Michelle Faul.

AP photos

â¿¿ WORLD DISASTERS-INSURED LOSSES â¿¿ Insurance claims paid out because of natural catastrophes and man-made disasters in 2012 totaled $77 billion globally, making it the third costliest year on record, Swiss Re says.


NEW YORK â¿¿ Investors just can't get past Europe. Renewed worries about the region's long-running debt crisis weighed on the Dow Jones industrial average on Wednesday, and held the Standard & Poor's 500 index back from reaching an all-time high. By Matthew Craft.

AP photo.

â¿¿ OIL PRICES â¿¿ The price of oil rose near the end of trading to close at $96.68 a barrel, and has now gone up more than $4 in less than a week.



NEW YORK â¿¿ No "downward-dog" required. Lululemon says no demonstrations of yoga or any other positions are needed to return the pricey black pants that the company pulled from shelves last week after finding that they were too sheer. The Vancouver-based yoga gear maker's statement comes a day after a New York Post report recounted one woman's tale of being asked by sales staff to bend over to prove that the yoga pants she was trying to return were sheer. By Retail Writer Mae Anderson.

3 of 8

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 16,790.19 +13.76 0.08%
S&P 500 1,979.92 -7.13 -0.36%
NASDAQ 4,748.3610 -32.9030 -0.69%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs