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  • Life Sentence For Longshore In Shelton Double Homicide Case

    LongshoreSentence"Like many cases, these murders were the result of the defendant who, because they placed a higher premium on greed and drugs than human life, cruelly took two lives." This was the reasoning presented by Mason County Supreme Court Judge Toni Sheldon on Thursday as she sentenced Charles Longshore to life… Read More +

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  • Governor Proposes Capital Gains Tax For Washington

    inslee boeingThe governor is proposing a new capital gains tax to help address a projected state budget gap of more than $2 billion over the next two-year budget cycle. Gov. Jay Inslee says a new tax on the sale of stocks, bonds and other assets would raise nearly $800 million during the… Read More +

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  • Seahawks Sign K.J. Wright To Extension

    kjwrightThe Seattle Seahawks have signed linebacker K.J. Wright to a four-year extension, the team announced this afternoon. "In the offseason, we identified K.J. as one of our core players moving forward and aimed to keep him as a part of the Seahawks family for a long time," said Executive Vice President & General Manager John Schneider. "The timing of this signing gives us the ability to keep as many of our core players together as we possibly can.

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Stocks Rebound into Positive Territory

b_250_0_16777215_00_images_obgrabber_2014-01_6dbd03e2f6.jpgiStock/Thinkstock (NEW YORK) -- A surge in Facebook shares helped the tech-heavy Nasdaq Composite to a nearly 2-percent rebound Thursday, while the Dow Jones Industrial Average saw a triple-digit bounce back as well. On Wednesday, the blue chips index dropped nearly 200 points after the Federal Reserve announced it is continuing to pull back a bit on its bond buying stimulus program.

 

For only the second time in the last eight days that the industrial average has finished in positive territory, the Dow closed the day up 109 points at 15,848.61.  The tech-heavy Nasdaq closed the session at 4,123.13.
 
Investors Thursday were cheered by news that the economy grew 3.2 percent in the fourth quarter of last year. Additionally, there were a number of strong earnings reports and what some analysts are calling the Facebook halo effect.
 
Facebook shares surged more than 14 percent Thursday after reporting blockbuster earnings. Fifty-three percent of the company’s ad revenues are now coming from mobile devices like smartphones and tablets. Over the last six months, shares of the social network have jumped more than 60 percent.
 
Under Armour was another big winner in Thursday trading. The athletic apparel maker is cheering this brutal winter because the company’s sales jumped 28 percent last quarter due, in part, to strong sales driven by the growing popularity of the brand’s cold weather sports apparel. The stock Thursday is up 23 percent -- almost $20 a share.
 
Copyright 2014 ABC News Radio

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poulsbofire
poulsbofire - Does it get anymore beautiful? fb.me/2HUMNUrYl

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poulsbofire
poulsbofire - I posted a new video to Facebook fb.me/7fk5ekvyJ

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PSPartnership
PSPartnership - Thumbs up to this: Gov. Inslee's budget proposal includes funding to help protect and restore #PugetSound. bit.ly/budgetsummary

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poulsbofire
poulsbofire - What a night! Thank you all our Facebook friends, we had a great turnout for Santa. fb.me/6VXyk6kvT

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