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Alphabet's revenue, profit top estimates on strength of ads

Shares in the company's Class C shares were up just $0.02 cents for the day and closed at $795.37. Wall Street appears to have been reassured, according to analyst Kerry Rice of Needham & Co. LinkedIn's GAAP earnings were 6 cents per share or $8.6 million, compared to losses of 36 cents per share or $47.4 million a year ago. Given that the company's stock has climbed by nearly 7 percent so far this year, today's earnings call should not provide much by way of surprise.

Business

US, South Korea Boost Cooperation Amid North Korea's Nuke Provocations

Carter said , "We discussed a number of ways that extended deterrents can be further strengthened recognizing - and no one should have any doubt about this - we have today the capabilities for extended deterrents". The missile has now been tested eight times this year - but only once successfully. The two close allies have agreed to consider permanently deploying United States "strategic assets" to South Korea, such as the B-2 stealth and B-52 bombers and nuclear attack submarines, ...

Business

Twitter Axing 9 Percent of Workforce

Twitter wants to be profitable by sometime in 2017; as it tries to get there, users should expect to see more video ads, which the company says is its top revenue-generating format. Shares of Twitter jumped more than 5% in pre-market trading. As just another cog in Twitter's arsenal of products, Vine never seemed to receive the attention it deserved, as opposed to more full-featured services from Snapchat, Instagram, and more.

Business

Google Parent Alphabet Q3 Profit, Revenues Top Street

A Google search page is seen through a magnifying glass in this photo illustration taken in Berlin, August 11, 2015. Google's traffic acquisition costs in Q3 were up 17% year-over-year and 5% from the previous quarter. Paid clicks are those ads on which an advertiser pays only if a user clicks on them. This goes to show that advertisers and businesses are willing to spend more to market their product, earlier on the web and now on mobile.

Business

New polls show Hillary Clinton gaining ground in key swing states

The result from the poll , conducted October 14-23, is in keeping with three other recent polls that showed Clinton within 3 or 4 percentage points of Trump in Texas . He is seeking to take advantage of possible complacency among Clinton's supporters and public weariness after a long and harrowing campaign. Trump raised $29 million in the first two-thirds of October, while Clinton hauled in over $57 million, records show.

Business

Policeman killed in Venezuela, details unclear

The government said a police officer was killed in the northern state of Miranda. The Venezuelan opposition announced a national strike planned for Friday, October 28 and warned President Nicolás Maduro's adminstration that it will hold another November 3 that leads to the Presidential Palace of Miraflores if a date is not set for the recall referendum postponed indefinitely early this year.

Business

More Republicans expect Clinton to win: new Reuters/Ipsos poll

That's in part because many of his voters see their ballot more as a vote against Clinton than as one for Trump . Clinton's campaign committee had about $62 million on hand as of October 20, almost four times the $16 million Trump had, according to Federal Election Commission data released Thursday night.

Business

Oil pipeline protesters burn vehicles, set roadblock

In an operation that took almost six hours, hundreds of armed state and local police and National Guard - some on foot and others in trucks, military Humvees and buses - pushed past burning barricades to slowly envelop the camp. Dakota Access pipeline protesters believe local and state authorities jammed cellphone coverage during an operation to force activists from a camp they had set up on private land.

Business

Islamic State using 'tens of thousands' as human shields

The number of people killed in recent days could be higher, she suggested. The Associated Press reported earlier this week that IS militants were going door to door in villages south of Mosul, ordering hundreds of civilians at gunpoint on a forced march north into the city, apparently using them as human shields.

Business

McConnell super PAC raises $43 million to help GOP senators

Dold is fighting to hold his seat in a solidly Democratic district. Last month , Masto released a 30-second ad called "Duet", which plays Trump's derogatory words about Mexican immigrants and his mockery of a disabled reporter, edited together with video of Heck saying he "completely supports" the presidential nominee.

Business

Notable Stock Analysts Ratings: New Gold, Inc. (NYSEMKT:NGD)

During the same period past year, the firm earned ($0.01) earnings per share. The company's quarterly revenue was up 9.5% on a year-over-year basis. Yamana Gold , Inc. Stock has got outperform rating from 2 analysts of Thomson Reuters whereas no analyst given hold rating to the stock. Finally, Zacks Investment Research cut Yamana Gold from a "buy" rating to a "hold" rating in a research report on Tuesday, August 2nd.

Business

Pornhub offers to buy Vine from Twitter

Vine's success can be attributed to a combination of its unique posting system which only allows videos of up to 6 seconds in duration and the fact that you can use the service even without a dedicated app. The letter, which was shown to CNET , also gets in more than a few digs on Twitter's ailing financial health and what it plans to do to Vine if they decide to sell up to the porn giant.

Business

Analyst Review: Spirit Realty Capital, Inc. (NYSE:SRC)

Zacks Investment Research upgraded shares of Spirit Realty Capital from a "hold" rating to a "buy" rating and set a $15.00 target price on the stock in a research note on Tuesday, August 9th. Beta for Spirit Realty Capital, Inc. stands at 0.61 while its ATR (average true range) is 0.29. Spirit Realty Capital, Inc.is expected* to report earnings on 11/02/2016 after market close.

Business

Kirk Under Fire For 'Racist' Remarks About Duckworth's Family Military Service

In a debate on Thursday night, Democratic Rep. Tammy Duckworth - an Army helicopter pilot who lost both her legs in a crash in Iraq - talked about her family's long history of service in the military. Kirk, considered one of the most vulnerable incumbent senators facing reelection, trails Duckworth by 7 points in the latest RealClearPolitics polling average.

Business

Colgate-Palmolive Q2 net profit up 16 percent

In the past 5 years, the stock showed growth of 1.84% per annum. The company still sees flat full-year earnings-per-share growth and sales down in the low-to-mid single digits. The positive trend in dividend payments is noteworthy since only some companies in the Personal & Household Prods. industry pay a dividend. The ex-dividend date of this dividend is Thursday, October 20th.

Business

Clinton Piles Up Dollars While Trump's Fundraising Nose Dives

That is more than double the $68m the Republican's campaign and partnership committees had on hand. "He has said publicly many times he is in for $100 million, and he is happy to invest in his campaign". "I have great respect for the fact that the Federal Bureau of Investigation and the Department of Justice are now willing to have the courage to right the frightful mistake that they made", Trump said "This was a grave miscarriage of justice that the American people fully understood, and ...

Business

Oil prices stable as strong dollar weighs, but market tightens

U.S. West Texas Intermediate (WTI) crude was trading at $50.62 a barrel at 0050 GMT, 1 cent below its last settlement. China on Thursday reported another jump in the country's diesel and gasoline exports, refueling supply glut concerns. "Market bulls are counting on Russia's credibility to seal a deal with OPEC to take prices to new levels above [US]$50", said Phil Flynn, analyst at the Price Futures Group in Chicago.

Business

FTSE 100 preview: Investor sentiment subdued after European Central Bank policy decision

The ECB has said the bond purchases will continue in any case until inflation rises to more acceptable levels from the current 0.4 percent, but has left the end date otherwise open. US stock futures point to a lower open as investors eye more earnings and comments from Federal Reserve officials. The inflation outlook doesn't look rosy either, despite rising to 0.6 per cent in September from 0.3 per cent the month before, according to Eurostat figures.

Business

Teck Resources Ltd (NYSE:TCK) Price Target & Session Check

Out of 8 analysts covering Teck Resources ( TSE:TCK.B ), 5 rate it a "Buy", 0 "Sell", while 3 "Hold". It is a world leader in the production of copper, metallurgical coal and zinc, a significant producer of gold, molybdenum and specialty metals, with interests in several oil sands development assets.

Business

After shut down, Vine's smartest stars have a backup plan

All that's required is a Vine account, Giphy wrote in a blog post on Friday, although it's unclear whether you'll import Vines from the app or the web. Since Twitter has recently integrated a video facility onto the back of Twitter plus launched the livestream app Periscope, its not hard to do the math and figure out why this has happened.

Business

Dr Pepper Snapple Group, Inc (NYSE:DPS) Updated Broker Price Targets

Market capitalization is calculated by multiplying a company's shares outstanding by the current market price of one share. Dr Pepper Snapple Group, Inc . The net profit margin for Dr Pepper Snapple Group, Inc . stands at 13.00%. Shareholders of record on Tuesday, September 13th were paid a $0.53 dividend.

Business

Carbo Ceramics Inc. (CRR) Announces Quarterly Earnings Results

Rating Scale; where 1.0 rating means Strong Buy, 2.0 rating signify Buy, 3.0 recommendation reveals Hold, 4.0 rating score shows Sell and 5.0 displays Strong Sell signal. "More specifically, the demand for ceramic proppants is dependent on the number of oil and gas wells that are hydraulically fractured to stimulate production".

Business

US economy grew at 2.9 percent rate in third quarter

Sohn said growth in exports, which were boosted by a one-time surge in soybean sales, and increased inventory building by businesses could slow in the fourth quarter . - Paul Ashworth, chief US economist, Capital Economics. Export growth of 10% was a big help in boosting the economy. Rob Martin at Barclays Research labeled the underlying details of the report "solid", although the softness in capital and consumer goods imports "remain a source of concern".

Business

Philippine president assures Japan his visit to China was all about econom

Speaking before going to Japan to meet the leaders of one of the US's strongest regional allies he described how he would bring about what he referred to in China last week as " separation " from the US. Since Duterte announced his intention to "separate" from the U.S.in Beijing , Japanese diplomats and other officials have been left in uncertainty about exactly what he meant and how Tokyo might be expected to respond.

Business

Ammon Bundy's Lawyer is Arrested

The group wanted to assert that the federal government does not have the right to own or control land inside the state, according to Bundy. Some of the defendants also were charged with possession of firearms at a federal facility and were acquitted on that count as well.

Business

Sheldon Adelson Threatens Raid on Vegas NFL Stadium Plans

He's apparently told the team that he can live with or without the deal. Adelson's representatives didn't elaborate on specifics when contacted by Reuters , so there's no telling what the disagreement stems from. In September, speculation surfaced that Adelson wanted part ownership of the team, but that majority owner Mark Davis was unwilling to sell any portion.

Business

Delta Air Lines Inc. (DAL) VP Sells $144935.00 in Stock

Delta Air Lines, Inc . has P/S value of 0.79 while its P/B value stands at 2.45. Evercore ISI downgraded Delta Air Lines from a "buy" rating to a "hold" rating and decreased their target price for the stock from $60.00 to $50.00 in a research report on Friday, July 15th.

Business

Asian shares mixed as dollar gains against yen, China yuan

Asian shares were mixed Friday as a weaker yen sent Japan's benchmark higher, despite persisting gloom from Wall Street's recent declines. While the French CAC 40 Index closed just below the unchanged line, the German DAX Index inched up by 0.1 percent and the U.K.'s FTSE 100 Index rose by 0.4 percent.

Business

Massive Cyberattack Triggers Recalls and Serious IoT Concerns

Xiongmai to recall some webcams sold in U.S. Reuters reports that Chinese firm Hangzhou Xiongmai Technology Co Ltd announced the recall of all products - primarily webcams - that contain circuit boards or components from the company that were sold in the USA after they were identified as having a part in the recent attack.

Business

Stranded Jungle migrants being housed in camp's church, says charity

President Francois Hollande, facing an election in six months, caved to local pressure to close the Jungle and relocate its inhabitants in towns and villages throughout the country pending examination of their cases. He said he left and slept under a nearby bridge despite the freezing temperatures. Some groups of migrants are wandering today on the grounds of the irregular camp in the French city of Calais , while the works to dismantle the improvised facility definitely using heavy ...

Business

The PNC Financial Services Group, Inc.'s (PNC)

The Hartford Financial Services Group's third-quarter profit climbed on gains in its commercial property and casualty segment and a sharp reduction in losses in its personal lines, where pressure from auto coverage erased homeowner improvements.

Business

FedEx plane catches fire at Florida airport; no injuries

Keep runways closed at this time", the controller announces. Video footage from witnesses posted on social media showed an explosion followed by smoke billowing from the plane, which appeared to be tilted on its side. A ground stop was issued at the airport and delays were expected. FedEx officials said the two pilots are safe after the incident. The fire was extinguished quickly, but firefighters continued dousing the plane with foam and stayed on scene, Jachles said.

Business

In the campaign's final days, an Federal Bureau of Investigation lightning bolt

Hours earlier the FBI announced it was looking into whether emails uncovered during a sexting investigation of former congressman Anthony Weiner contain classified information. Podesta says Comey's letter was extraordinary , coming just 11 days out from the presidential election. "We are confident this will not produce any conclusions different from the one the Federal Bureau of Investigation reached in July".

Business

Call for Brexit talks in French slapped down by Theresa May

But if Britain opted to stay in the customs union, it could complicate attempts to strike free trade deals with other countries around the world, a central argument of the Brexit campaign. "It's a negotiation, there's lots of things said", said the source in May's office, playing down the rhetoric of Hollande who warned her of a hard negotiation.

Business

Adams Diversified Equity Fund Inc. Has $34030000 Stake in Wells Fargo & Co

A Wells Fargo executive told CNBC that Ohio's decision will not harm the bank's finances because of the bank's size and business diversification. That quarterly profit, though down slightly from the same period a year ago, reflects the tricky position Wells Fargo has found itself in: It must appear contrite enough to satisfy its critics while continuing to produce the gangbuster profits that have made it a Wall Street darling.


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