Stocks were just slightly higher today after Congress reached a budget deal. House and Senate negotiators including Patty Murray and Paul Ryan approved a plan that will avoid automatic budget cuts such as the sequester from earlier this year.
Chinese Internet services and security software provider Qihoo 360 ( QIHU ) recently announced its decision to increase its stake in Brazilian cloud based online security company PSafe Technologia, for $25.0 million. PSafe is a Brazilian
“After Friday’s surprising reaction to the stronger than expected jobs data, the market seemed to need a day to catch its breath,” observed Schaeffer’s Senior Technical Strategist Ryan Detrick, CMT. “There wasn’t a lot of news, but we did