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S&P 500 rallies for week on Amazon, Expedia results
Apr 28th, 2012
NEW YORK (Reuters) - U.S. stocks advanced on Friday and posted their best weekly gains in a month as stronger-than-expected earnings from Amazon.com and Expedia Inc reinforced confidence in corporate performance. Wall Street managed a fourth day of gains as the strong earnings season outweighed a surprisingly weak reading on first-quarter economic growth. Online retailer Amazon climbed 15.7 percent to $226.85 and contributed half of Nasdaq's gain for the day. An S&P retail index rose 3.5 percent and hit an all-time high. Shares of Expedia, the Web-based travel provider, surged 23. ... (Source: Reuters) -
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The death in Italy of James Gandolfini, who played Mafia boss Tony Soprano on the popular HBO show "The Sopranos," was part of an unusual convergence of mob-related news making headlines this week. Here's a look: (Source: Associated Press)... [Full Article]
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DUBAI (Reuters) - Moderate cleric Hassan Rohani took a commanding lead ahead of conservative rivals in Iran's presidential election, according to initial results, but his tally appeared narrowly insufficient to avoid a second round run-off on June 21. With about 5 percent of the votes counted, the former nuclear negotiator appeared to have ben... [Full Article]
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