Huge 8.6 Magnitude Quake Hits Indonesia, Tsunami Warnings

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published

Invalid Image
A huge 8.6 magnitude earthquake hit off the coast of Indonesia at April 11, 2012 at 08:38:37 UTC.

The epicenter was 269 miles SW of Banda Aceh, Sumatra, Indonesia

The Tsunami Warning Center issued the following report

A strong earthquake has occurred, but a tsunami IS NOT expected along the California, Oregon, Washington, British Columbia, or Alaska coast. NO tsunami warning, watch or advisory is in effect for these areas.
A MAJOR AFTERSHOCK FROM THE EARLIER MAGNITUDE 8.7 EARTHQUAKE HAS OCCURRED. THE PACIFIC TSUNAMI WARNING CENTER WATCH FOR THE INDIAN OCEAN IS STILL IN EFFECT. NO ALERT IS IN EFFECT FOR THE STATES AND PROVINCES LISTED ABOVE. Based on the location of the event being outside the Pacific Basin, the earthquake was not sufficient to generate a tsunami damaging to California, Oregon, Washington, British Columbia, and Alaska coasts.

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Continue Reading

Top Gaining Stocks

DELL Vol: 15,291,396
HP
HPQ Vol: 48,674,188
NTAP Vol: 6,668,169
SWKS Vol: 5,338,626
EL Vol: 8,107,759

Top Losing Stocks

CTRA Vol: 73,319,495
COIN Vol: 7,927,507
TTWO Vol: 7,048,109
UHS Vol: 1,236,515
CHTR Vol: 2,101,059