Stocks push above 11,000 again as Greek debt concerns ease
Stocks rose Monday after concerns about Greece’s debt problems eased further over the weekend. The Dow Jones industrial average climbed back above 11,000.
A loan agreement for Greece also allowed U.S. investors to prepare for a busy week of economic and corporate earnings reports.
Over the weekend, European leaders agreed to make loans available to Greece to help the country ease its debt burden. The 16 countries that use the euro agreed to provide 30 billion euros ($40.49 billion) in loans to Greece if the country asks for money. The International Monetary Fund would contribute another 10 billion euros ($13.5 billion) if needed.
SAN DIEGO, April 12 /PRNewswire-FirstCall/ — BillMyParents(R), the online teen payment solutions division of Socialwise, Inc. (OTC Bulletin Board: SCLW), announced today that professional motocross racer and four-time Rally America champion has signed an endorsement deal with the Company’s online BillMyParents(R) payment solution. Pastrana is the latest high profile addition to the Company’s major marketing program launching late spring featuring numerous top action sports athletes and retail partners.
Stocks rise slightly on more signs of growth
Fresh signs Friday that the economy continues its slow, steady recovery helped push stocks slightly higher.
Major indexes pulled back from their morning highs after Fitch Ratings cut its view on Greece’s debt. Stocks have been fluctuating in recent days on fresh concerns about the European nation’s ability to repay debt.
Earlier in the morning, stocks got a boost after reassuring statements from Greece’s finance minister and the head of the European Central Bank. Major European indexes are higher, while the dollar fell against the euro.
Stocks are getting a boost from rising commodity prices. Commodities mostly climbed on hopes demand will jump as the economy continues to improve. That has helped energy and materials companies. Chevron Corp. and ExxonMobil Corp. both rose.
Partnerships with Zeus Research, paysafecard, MyCard, Rixty, BillMyParents, ClickandBuy and others help boost developer monetization in nearly 200 countries
FREMONT, Calif., April 8 /PRNewswire/ — Offerpal Media (http://www.offerpalmedia.com), the leader in virtual currency payment alternatives, announced today that it recently integrated several new direct payment options into its platform in order to help social developers and online game publishers accept payments from users who do not have or are unwilling to use credit cards. The new payment options include pre-paid debit cards, phone cards, e-payment systems, parent-approved payments and more, from such partners as Zeus Research and STi Prepaid, paysafecard, MyCard, Rixty, BillMyParents, ClickandBuy and others—covering nearly 200 countries in all.
Stocks are lower on renewed Greece debt concerns and disappointing jobs report
Stocks fell in early trading Thursday as investors continue a pullback after a two-month stretch of nearly unbroken gains.
Renewed concerns about a possible default by Greece on its debt is weighing on markets globally. Overseas markets tumbled, with many Asian and European indexes down by more than 1 percent. Greek debt troubles have been one of the few reasons stocks have fallen globally so far in 2010.
A disappointing report on initial jobless claims is also sending U.S. stocks lower.
The Labor Department said initial claims for jobless benefits rose unexpectedly last week, jumping 18,000 to a seasonally adjusted 460,000. Economists polled by Thomson Reuters had forecast a drop to 435,000.
SAN DIEGO, CA — (Marketwire) — 04/07/10 — BillMyParents(R), the online teen payment system of Socialwise, Inc. (OTCBB: SCLW), is proud to announce that professional skateboarder and 2010 Nickelodeon Kids’ Choice Awards Favorite Male Athlete Ryan Sheckler has signed a deal with the Company to promote its online BillMyParents(R) payment solution. Sheckler will be part of a major marketing initiative the Company plans to launch in late spring which will include a multitude of top action sports athletes and retailers.