Goshen News, Goshen, IN

Business

June 10, 2014

S&P 500's record run ends

(Continued)

MetLife announced plans to buy its own shares, aiming to spend up to $1 billion. The news sent MetLife up 39 cents, or 0.7 percent, to $55.05.

More evidence of an improving economy came Tuesday when the government reported that wholesalers added to their stockpiles of goods in April, a move that suggests they anticipate stronger growth. A separate report showed that the number of job openings climbed to 4.5 million in April, the highest figure since September 2007. The increase could be a hint of stronger hiring in the months ahead.

"The labor market recovery looks for real," Chris Rupkey, chief financial economist at the Bank of Tokyo-Mitsubishi, wrote in a note to clients. "The economy is better than you think."

In the market for U.S. government bonds, the yield on the 10-year Treasury inched up to 2.64 percent from 2.61 percent late Monday. Yields rise when bond prices fall. The price of oil fell 6 cents to settle at $104.35 a barrel.

Among other companies in the news:

• After rising to $165.48 in the morning, Allergan's stock went into reverse and lost $1.06 cents, or 0.6 percent, to $163.09. The company rejected a buyout offer from Valeant Pharmaceuticals and Bill Ackman's Pershing Square Capital Management, saying the $53 billion bid undervalues the maker of Botox.

• Best Buy's stock rose 69 cents, or 2 percent, to $29.49 after the retailer said it was going to raise its quarterly dividend by two cents to 19 cents a share. The move comes a month after Best Buy reported its highest quarterly profit in more than three years.

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Business
  • Amazon Kindle Service [Duplicate] Amazon unlimited e-book service is limited NEW YORK — Amazon’s new “unlimited” e-book service lets you read 600,000 books. That sounds like more than you’ll ever read, but I found myself struggling to find the books I wanted. It turns out that the library of 600,000 is bit like a small bookst

    July 21, 2014 1 Photo

  • BIZ GN140720 blue barn berry farm image 01 New berry farm also offers classes, treats SYRACUSE — A retirement hobby has grown into a new agriculture-based business for a local family.Don and Peggy Bucher and Shanda and Chris Sheeren are members of a farm family who operate Bucher Farms along N. 300 East. According to Shanda, her mothe

    July 20, 2014 2 Photos

  • BIZ GN140720 mike gingerich column image Online marketing methods to grow sales Growing sales through selling online is a powerful way to reach more people and extend your market.To sell online means getting in front of the right people in the right places. You want much more of a laser focus than a scattershot approach. It also

    July 20, 2014 1 Photo

  • Local job numbers up, but so is jobless rate A growing number of people looking for work in Elkhart County has boosted the unemployment rate despite an increase in the number of jobs.According to the Indiana Department of Workforce Development, Elkhart County’s jobless rate was 5.6 percent in J

    July 19, 2014

  • Microsoft-Goodbye Android-3 [Duplicate] Axed Nokia X phones suffered from lack of identity NEW YORK — The Nokia X phones that Microsoft discontinued this week blend two rival operating systems, but leave out the best of each.As a result, the devices didn’t become a runaway hit as Nokia’s low-cost answer to serving emerging markets.Nokia X

    July 18, 2014 2 Photos

  • Obama opens Eastern Seaboard to oil search ST. AUGUSTINE BEACH, Fla. — Opening the Eastern Seaboard to offshore oil exploration for the first time in decades, the Obama administration on Friday approved the use of sonic cannons to discover deposits under the ocean floor by shooting sound wave

    July 18, 2014

  • Planners limit use of Hawks building GOSHEN — The types of businesses that could potentially be located in the recently refurbished Hawks building in downtown Goshen could be limited if a ruling by the Goshen Plan Commission Tuesday holds up. During Tuesday’s meeting, commission members

    July 15, 2014

  • BIZ GN140714 commodore image Commodore adds space, jobs GOSHEN — The Commodore Corp., which operates Commodore Homes of Indiana, a producer of modular and manufactured housing, has completed and is now operating a 17,400-square-foot plant expansion and renovation.Commodore has also broken ground on the ne

    July 14, 2014 1 Photo

  • BIZ GN0713 tech talk with mike column image 02 Online marketing methods to grow sales Growing sales through selling online is a powerful way to reach more people and extend your market.To sell online means getting in front of the right people in the right places. You want much more of a laser focus than a scattershot approach. It also

    July 13, 2014 2 Photos

  • BIZ GN0714 DIY coffee 01 BEANS AND BREWS GOSHEN — Do-it-yourself beer, wine and coffee enthusiasts located in the Goshen area now have their very own one-stop supply shop with the opening of the new downtown specialty store DIY Coffee and Ale Supply.Located at 114 E. Washington St. next to

    July 13, 2014 2 Photos

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Poll

Last weekend (July 12) the Goshen Parks Department held its Kid’s Try-athlon to promote childhood fitness and this week (July 18) the new bicycle trail is open to the fairgrounds in Goshen, offering residents a healthy way to get to the annual agriculture exposition. Have you joined the local fitness movement?

Yes, I work at eating healthy and exercising
No, I am happy with my fitness level
Changing my diet and exercise frequency is a work in progress
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