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Growth Debate Left Unresolved by Mixed Report on U.S. Economy

Capital Economics estimates that a full 0.9 percent of the GDP gain in the third quarter was driven by the one-off surge in soybean exports alone - a gain the research firm expects be reversed in the final three months of the year. "The single most important issue facing the American people is an economy that has failed to deliver jobs, incomes and opportunity". Over the first half of the year, growth had averaged just 1.1%.

Business

Exxon Mobil (XOM) Stock Lower, Goldman Downgrades

It has a past 5-day performance of -2.12 percent and trades at an average volume of 10.76M shares. While take a short look on price to sales ratio, that was 1.56 and price to earnings ratio of 33.68 attracting passive investors. Exxon Mobil Corporation (NYSE: XOM ) marked 52-week highest price level of $94.74 on 07/15/16 and 52-week lowest price level of $69.72 on 01/20/16.

Business

Brokerage Firm Gives A Focus Of JetBlue Airways Corporation (NASDAQ:JBLU)

The share price of the stock plunged -37.87% for the year. JetBlue Airways Corporation (NASDAQ:JBLU) EPS can come at $0.45 for the quarter ending on 2016-12-31. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The market cap landed at $5.63B. The shares were sold at an average price of $17.27, for a total value of $172,700.00.

Business

Another PTI MNA arrested in Islamabad

The clashes followed a decision by the Islamabad High Court on Monday to partially lift a ban on protests imposed last week. Deputy Secretary General PTI Imran Ismail said they were manhandled by the police officials and tweeted, he was "arrested brutally".

Business

Tesla Generates A Profit, At Last! Model 3 Plans Remains On Track

Tesla shipped 25,821 vehicles in the most recently completed quarter, almost 300 more than it had expected earlier this month, and about double what it delivered during the same period a year ago. "That remains to be seen", says Michelle Krebs, senior analyst for Autotrader, about Tesla's future profitability. Musk, who is SolarCity's chairman and top shareholder as well as being Tesla's chief executive, has said he plans to provide more financial details on the deal on November 1 ...

Business

Misery for rail passengers as Christmas engineering work announced

Work takes place all year round as part of our Railway Upgrade Plan, but we usually carry out larger upgrades over bank holidays as this is when passenger numbers are at their lowest. This vital investment will make the railway more reliable for years to come, while improving journeys for thousands of passengers. There will be no train services late on Christmas Eve between Cardiff Central, Bridgend, Newport and the Valleys and there will be bus replacements and diversions in place between ...

Business

Paris migrant camp cleared this week

Numbers are reported to have risen from 1,500 to 2,500 in a week in the north-east of the capital, an area where there are regular illegal encampments. Migrant camps routinely sprout up in Paris , are cleared out, and then sprout up again. A 24-year-old Sudanese woman Ama, who is six months pregnant, said she had come to Paris from Calais, but that was months ago.

Business

IV Mall to celebrate Black Friday on Black Friday

For retailers however, to open or not to open, that is the question, as merchants weigh the goodwill gained from staying closed against the lost sales opportunity. The Cyber Monday will at least match or edge out both the Thanksgiving sales (also known as Gray Thursday) and Black Friday 2016 this holiday shopping season according to a new report by Fluent , a consumer research firm.

Business

Samsung profits plunge after Note 7 smartphone debacle

The company's revenue declined 7.5 per cent over the year to 47.82 trillion won in the September quarter, the lowest since the first quarter of last year. Samsung also announced in a press release that it held on Thursday an Extraordinary General Meeting of Shareholders, whose goal was to discuss the divestment of the printing business unit, and the appointment of Jay Y.

Business

Twitter job cuts: almost one in 10 roles to go worldwide

The company declined to provide revenue guidance for the upcoming quarter and financial year, due to the restructuring of the sales force from three units to two. Now, the company has made a decision to lay-off 9 per cent of its employees worldwide. According to the Chron , the announced layoffs will hit the company's sales and marketing teams the hardest - a contrast from the layout round in 2015, which slashed staff in their engineering and product sectors.

Business

UK government offers support to Bank of England governor

Some reports suggest he would like to stay to steer the United Kingdom through the challenges of Brexit. Mr Carney has a wife and four daughters, who moved to London with him in 2013. Allies said he is likely to announce his departure later this year. Backbencher Jacob Rees-Mogg and former chancellor Lord Lawson are among those who have demanded he go.

Business

Trump fans rally in Jerusalem's Old City

Nine Arab countries and Vietnam are believed to have voted for the resolution, which was submitted by Lebanon and Tunisia on behalf of Jordan and the Palestinians, who do not serve on the committee. Small crowd of supporters turns out for Jerusalem gathering * Republican group hopes to boost pro-Trump showing on November 8 * Around 300,000 USA citizens live in Israel and its settlements By Luke Baker JERUSALEM, Oct 27 (Reuters) - On a rooftop overlooking the walls of Jerusalem's Old City, ...

Business

Union says negotiations 'painfully slow' with Ford

A strike deadline is looming as contract talks continue between Ford Canada and its unionized workers. "Movement in our discussions has been painfully slow and we have been waiting on the employer to provide real and fair proposals". Nearly half of the Oakville workers are more recent hires. The union has already reached deals with GM and Fiat Chrysler featuring new investments. Ford's vehicle assembly plant in Oakville, Ontario, produces the Ford Edge and Flex and the Lincoln MKX and MKT.

Business

Southwest flight attendants narrowly approve new contract

The Predicted Move on the 7th day after Southwest Airlines Co. According to these analysts, the Low Revenue Estimate for Southwest Airlines Co.is 4.94 Billion and the High Revenue Estimate is 5.01 Billion. Shares were unchanged in after-hours trading. The company has a market cap of $24.21 billion, a P/E ratio of 11.15 and a beta of 0.79. Calamos Advisors LLC now owns 1,242,786 shares of the airline's stock worth $48,730,000 after buying an additional 170,752 shares in the last quarter.

Business

United Kingdom economy suffers just slight slowdown in three months after Brexit

He said: "Looking forward, we do still anticipate a mild slowdown in GDP growth, particularly relative to our pre-Brexit vote projections". "The services sector singlehandedly drove growth to a 15th consecutive positive quarter and while the "little evidence of a pronounced effect" from the Brexit vote is being seen yet, we think that it will be as gradually obvious as the year comes to an end".

Business

Obamacare Enrollment Expected to Increase 9 Percent

That's when the window opens for choosing 2017 health plans under the Affordable Care Act . Mr. Obama also included a riposte to backers of the Democratic presidential primary candidate Bernie Sanders, many of whom believe the law could have been more successful if it had gone much further and enacted a fully government-run health system.

Business

How the FBI email investigation could end up helping Hillary Clinton

The FBI has indicated that, due to the impending election, they are working at an unprecedented pace to review all relevant emails in an attempt to finish the investigation prior to Election Day. "If it comes out after the election that the Federal Bureau of Investigation kept secret from the American people the fact that it was investigating former Trump campaign manager Paul Manafort, or seeking access to his emails, or investigating anyone else associated with Trump, then I have no idea ...

Business

Cognizant Technology Solutions Corp

The rating score is on a scale of 1-5 where 1 stands for strong buy and 5 stands for sell. The mean revenue estimate for the ongoing quarter ending Sep 16 is $2.19B by 11 analysts. In related news, CFO Karen Mcloughlin sold 20,000 shares of the stock in a transaction that occurred on Friday, August 5th. A number of key analysts, polled by FactSet, shared their views about the current stock momentum.

Business

Dozens accused of posing as federal agents in $300M phone scam

Authorities said they already arrested 20 individuals across the United States, and that Indian authorities arrested 32 suspects on their end. Authorities served warrants in cities around the USA on Thursday and were seeking the extradition of defendants in India, Caldwell said.

Business

Torres experience important for Atletico, says Simeone

In certain ways, you could say Simeone has resolved the great dilemma of football: the so-called "short blanket" in which if you cover your toes, your head is left exposed, and if you cover your head, then your feet are revealed. The match looked to have fizzled out in the closing stages before Carrasco put the tie to bed in the 86th minute, beating Federico Ricca before hammering a vicious effort in from a tight angle.

Business

Clinton seeks to use new Federal Bureau of Investigation inquiry as galvanizing force

In a scathing letter to Comey, Minority Leader Harry Reid of Nevada accused the FBI chief of a double standard, resisting Democratic calls to discuss possible ties between Donald Trump and the Russian government while informing Congress last Friday of the emails found in the sexting investigation of Anthony Weiner , the former NY congressman and estranged husband of Huma Abedin , a top aide to Clinton.

Business

Amplified Activity Noted in Shares of Brocade Communications Systems, Inc. (NASDAQ:BRCD)

The stock remained 1.82% volatile for the week and 2.11% for the month. About 5.56 million shares of Brocade have been traded so far today, well above the company's average trading volume of roughly 4.36 million shares a day. This year company's Earnings per Share (EPS) growth is -12.10% and next year's estimated EPS growth is 57.70%. The Company got Initiated by DA Davidson on 4-Oct-16 to Buy.

Business

Carney to extend term as BoE governor to help an 'orderly' Brexit

The governor said last week he would make a decision by the end of this year about whether to stay on for his full eight-year term or take advantage of terms allowing him to leave after five years, in 2018. She added: "The Prime Minister has been clear in her support for the governor and the work he's doing for the country". And she would not discuss reports that Mrs May contacted Mr Carney to clarify comments in her speech to this month's Conservative Party conference which were widely seen ...

Business

Voters shrug at latest Clinton email bombshell, poll finds

After swatting away a rumor about post-election planning - this one about Vice President Joe Biden being considered to lead the State Department - Palmieri predicted, "Next week you guys are going to come to us and say, 'the polls are tightening and you were focused on the transition'".

Business

Jason Heyward Back In Cubs' Lineup In Game 4

In their playoff history the Cubs have never rallied to win a series when down 3-1. As nervous fans fretted at Wrigley Field, Chapman fired his 100 miles per hour heat and preserved the Cubs' 3-2 win Sunday night, cutting Cleveland's lead to 3-2.

Business

MI remains No. 2 in poll, waiting for CFP rankings

Michigan, which scored a hard-fought but still dominant win over in-state rival Michigan State on Saturday, kept its No. 2 spot in both polls. Alabama jumped up to the No. Western Michigan moved up three spots in both polls and checks in at No. 18 in the Coaches Poll and No. 17 in the AP Poll. Still, the Huskers proved Saturday they're playing championship-caliber football and are definitely still in the running for a Playoff berth.

Business

Orinda Asset Management adds SL Green Realty Corp (SLG) to its portfolio

Wall Street brokers are anticipating Kimco Realty Corporation (NYSE:KIM) to post EPS of $0.44. Realty Income Corp. The business had revenue of $277.20 million for the quarter, compared to analyst estimates of $279.57 million. increased its stake in Agree Realty Corp .by 14.5% in the second quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. raised its position in shares of Realty Income Corp.by 3.3% in the third quarter.

Business

White House Won't 'Defend or Criticize' FBI Director James Comey

The president doesn't believe Comey is intentionally trying to influence the outcome of the election, Earnest added. Earnest reiterated that "all of those things are true" and "speak to his good character, and the president's assessment of his integrity and his character has not changed".

Business

BoE's Carney to extend job by one year

Carney began his tenure in 2013, stressing his intention to serve only five years of an eight-year term for personal reasons, meaning he would step down in 2018. Bank of England governor Mark Carney leaves No.10 Downing Street, London, Monday Oct. 31, 2016, after a regular meeting. The British pound inched down 0.2% against the dollar at $1.2167 on Monday following media reports over the weekend speculating on Mr.

Business

Obama set to launch campaign blitz for Clinton

President Barack Obama, who is in Orlando campaigning for Hillary Clinton on Friday evening, will return to Florida next Thursday for get-out-the-early-vote events in Jacksonville and south Florida. Like many of her predecessors, Mrs Obama has hewed closely to non-partisan issues, focusing on healthy eating and support for military families. "I don't know about you, but I'm not exhausted I'm feeling good".

Business

Analysts Recommendations: CenturyLink, Inc. (NYSE:CTL)

The stock price has recently hit $30.83. The forecast of 3 surveyed investment analysts covering the stock advises investors to Buy stake in the company. On February 10, 2016, it recorded $0.8 a share in earnings which topped the consensus estimate of $0.65 (positive surprise of 23.08%). The company's revenue for the quarter was down 3.8% compared to the same quarter a year ago.

Business

Valeant Pharmaceuticals Intl Inc (NYSE:VRX), AbbVie Inc. (NYSE:ABBV)

When investors hear that a firm is expected to post $2.50 per-share this fiscal, that figure could be the mean of 30 different estimates. (NASDAQ:CLDX) declined -1.55% and ended at $3.18 smaller than previous closing price of $3.23. Hedge funds and other institutional investors own 63.67% of the company's stock. FMR LLC increased its stake in shares of Valeant Pharmaceuticals International by 185.4% in the second quarter.

Business

Tesla debuts bigger PowerWall 2.0 battery, glass solar-roof tiles from SolarCity

USA electric vehicles maker Tesla Motors Inc (NASDAQ:TSLA) unveiled its solar roof product in Los Angeles on Friday as it says it wants to make solar as appealing as electric vehicles have become. Its newest product is a solar roof that doesn't look like a solar roof, and the hundreds of journalists gathered on the set for the debut didn't notice it either.

Business

Florida State's Fisher blasts ACC officiating crew

Next up: Virginia Tech has three conference games left and holds the tiebreaker over North Carolina thanks to a head-to-head victory. "It was ridiculous. "It's my fault that we didn't start maybe a little bit earlier and become better at our PKs", Blue Devil head coach Robbie Church said. The third-seeded Blue Devils' ACC tournament hopes were summarily dashed Sunday when they were eliminated in the quarterfinals by sixth-seeded Florida State on penalty kicks after the teams played to a ...

Business

Democrats unite in anger against Federal Bureau of Investigation chief

That would suggest that Obama does not believe Comey violated the Hatch Act , which prohibits federal employees from using their office to intentionally influence an election, and which would give Obama grounds to remove Comey from office.


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