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The faculty application system shared by more than 400 faculties, the Normal Program, announced fresh article requests for 2014 university people. The concerns no more give you a "subject of preference" prompt, as well as the amount of a dissertation that is acceptable has improved to as much as 650 phrases. In a memo unveiled today by Scott Anderson, Manager of Outreach, 650 words’ word limit will soon be forced. Continue reading

U.S. Stocks Drop as Apple Retreat Overshadows Facebook Rally

U.S. stocks dropped, with the Standard & Poor’s 500 Index capping the biggest drop in three weeks, as Apple Inc. led an afternoon selloff in technology shares, overshadowing corporate deals and strong results from Facebook Inc.

Sentiment was fragile heading into today’s session after the Bank of Japan refrained from adding more stimulus measures, and turned sour after Carl Icahn said he sold out of his stake in Apple Inc. That sent the iPhone maker’s shares to a two-month low with tech companies tumbling along with it, despite Facebook surging to a record.

The S&P 500 Index fell 0.9 percent to 2,076 at 4 p.m. in New York, the most since April 7. The gauge is still up 0.8 percent for the month.

Equities had overcome an opening slide, with the S&P 500 erasing losses within the first hour of trading as Facebook helped carry tech shares higher. A $ 25 billion buyout of St. Jude Medical Inc. by Abbott Laboratories, and Comcast Corp.’s $ 3.8 billion deal to acquire DreamWorks Animation SKG Inc. also buoyed sentiment. Tech’s advance withered, however, amid weak earnings news that’s dogged the group, and declines accelerated as Apple slumped.

Source : Bloomberg

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