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Business

Facebook Profit Soars but CFO Warns of Slowdown

Out of that massive influx of cash, Facebook posted a net income of $2.37 billion, a massive increase of more than 165 percent compared to its profit for the same period in 2015. Notably, this quarter also marked the first time Facebook achieved more than 1 billion active mobile users , while average revenue per user rose to $4.01.

Business

After HR head, two more of Mistry's top hires leave Tata

Cyrus Mistry's ouster is being seen by many as a desperate attempt by India's largest conglomerate Tata Group to save its sagging image worldwide. But some governance experts say the resignations of senior executives risk increasing the sense of uncertainty at Tata.

Business

Trump takes 1-point lead in new ABC News/The Washington Post poll

In the Monmouth poll, the leads for both Clinton and McGinty are within its 4.9 percentage point margin of error. Now that he has circled back and is once again looking into Clinton and her emails, Democrats are questioning Comey. Obama's comments Wednesday come after White House, spokesman Josh Earnest said Monday he would neither defend nor criticize the timing of Comey's disclosure.

Business

Westbrook Gets 35, Leads Unbeaten Thunder Past Clips 85-83

Oklahoma City Thunder continued their impressive form in the National Basketball Association this season, with their fourth straight National Basketball Association win against the formidable Los Angeles Clippers, who suffered their first loss on Wednesday.

Business

Wedbush Initiates Coverage on Dick's Sporting Goods Inc. (DKS)

Big 5 Sporting Goods Corp . updated its Q4 guidance to $0.25-0.35 EPS. The reported earnings topped the analyst's consensus by $0.13 with the surprise factor of 18.80%. According to the SEC, on Mar 14, 2016, Edward W Stack (Chairman and CEO) sold 295,000 shares at $45.80 per share price. Following the completion of the sale, the director now directly owns 2,423,842 shares in the company, valued at $31,703,853.36.

Business

High Court Brexit ruling could trigger early general election

Challenging the government's ability to initiate Article 50 of the Lisbon Treaty on its own, the ruling will prevent any formal Brexit negotiations from taking place until Parliament's had its vote. "Markets loathe uncertainty. In all the time the government fails to deliver a clear outline of its negotiating plans for financial services, investment and key decisions will continue to stall amongst both domestic and global financial institutions", Reynolds said.

Business

Hillary Clinton voters don't seem to care about emails

RealClearPolitics shows Donald Trump holding a 2.5 percentage point lead over Clinton in Ohio . More positive news came from Quinnipiac state polls in Florida (Clinton +1), North Carolina (Clinton +3), and Pennsylvania (Clinton +5).

Business

As polls show Clinton leading, Obama and Biden talk of winning big

As America's first black head of state, Obama has on several occasions called on the African American community to rally around Clinton. President Barack Obama walks up the steps of Air Force One at Andrews Air Force Base in Md., Sunday, Oct.

Business

Research Ratings: SM Energy Company (NYSE:SM), Spectra Energy Corp. (NYSE:SE)

The firm earned $92.60 million during the quarter, compared to analyst estimates of $100.08 million. During its last trading session, Stock traded with the total exchanged volume of 4.58 million shares. Finally, Mitsubishi UFJ Financial Group began coverage on shares of Spectra Energy Partners, in a research note on Thursday, July 21st. 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 ...

Business

Trump worries hit dollar; pound boosted by Brexit court ruling

Uncertainty about the outcome of the November 8 election pushed US Treasury yields to their lowest in a week, while oil prices slumped on data showing a record US crude stock build that stoked worries about a persistent global supply glut. Brent crude LCOc1 settled down 51 cents, or 1.09 percent, at $46.35 a barrel, and USA crude CLc1 settled down 68 cents, or 1.50 percent, at $44.66.

Business

Beyoncé Performs At The CMAs

The Dixie Chicks need to be banned for performing with her but you know they are trash anyway! Chris Stapleton took home male vocalist and music video of the year, while Carrie Underwood won female vocalist of the year. While the lyrics critique contemporary country artists, the actual title of the song was a rather fitting nod to the fact that the Dixie Chicks have been, well, a long time gone from the CMAs and country music in general.

Business

Top Stocks of the day: American Tower Corporation (NYSE:AMT)

American Tower Corp (NYSE:AMT) announced the earnings results for Fiscal Year 2016 and Q3. Analysts are expecting that the company to achieve $130.29 Price Target in next 52-weeks, average price is come up through the consensus of analysts.

Business

Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX), Array BioPharma Inc. (NASDAQ:ARRY)

The Western Union Company recently traded -3.03% below its 50-day simple moving average and went up 3.45% from its 200-day simple moving average. On October 27, 2016 Vertex Pharmaceuticals Incorporated (VRTX ) announced the presentation of long-term data demonstrating that ORKAMBI® (lumacaftor/ivacaftor) and KALYDECO® (ivacaftor) show the potential to modify the progression of cystic fibrosis (CF).

Business

LeBron James knows the Indians' feeling: 'You never get past the pain'

After a 108-year World Series drought, the Chicago Cubs can pop the champagne and celebrate their historic Game 7 win over the Cleveland Indians. I thought of Nataanii Means, the talented hip-hop artist and son of Russell Means who has been at the front lines of #NoDAPL, standing with so many to protect our water.

Business

Donald Trump Server Was in Communication With Russian Bank

The first and most obvious one is that the server is exactly what it seems to be: a link to relay emails between Trump's company, or at least someone within it, and the named Russian bank. She is unfit to be president. It said Russian intelligence had compiled a dossier on Mrs Clinton. "This could be the most direct link yet between Donald Trump and Moscow".

Business

Elon Musk unveils solar panels resembling traditional roofing tiles

The solar tiles will be produced by SolarCity at a Buffalo, N.Y. factory due to open in 2017. Musk refused to answer a reporter's question about how Tesla's balance sheet would accommodate the acquisition of SolarCity . "It's a massive upsell opportunity", said SolarCity co-founder and Chief Technology Officer Peter Rive of the company's existing customers. In a tweet, earlier this morning, Mr.

Business

Applications for jobless aid hit highest level since August

While a drop in initial claims is a leading sign of labor-market trouble, continuing claims usually coincide with economic cycles at the tops and bottoms. Output per worker in the third quarter jumped at a 3.4 percent rate, the fastest pace since the third quarter of 2014. A fifth report from the Commerce Department showed new orders for manufactured goods increased for a third consecutive month in September.

Business

S&P 500 falls, losing streak now longest since 2008 financial crisis

The Standard & Poor's 500 index lost 9.28 points, or 0.4 percent, to 2,088.66. Concerns about next week's US election hung over traders' heads Thursday, pushing North American markets into the red. Other markets: The pound jumped to an nearly four-week high (http://www.marketwatch.com/story/pound-leaps-after-court-delivers-blow-to-uks-brexit-plan-2016-11-03) against the dollar on Thursday after a United Kingdom court ruled the government can't trigger the Brexit process without approval from ...

Business

Starbucks sees key sales measure rise, profit increase

Over all, Starbucks's fourth-quarter profit rose 23% to $801 million, or 54 cents a share. Starbucks Corp.'s financial results beat Wall Street expectations in the most recent quarter, and the company gave a bullish view for its newly started fiscal year.

Business

Wynn Resorts Ltd. (NASDAQ:WYNN) Limited Reports 3Q 2016 Results

Even the Macau unit of Wynn Resorts, the casino company founded by billionaire Steve Wynn , posted third-quarter profit that missed analysts' estimates. Slot machine handle was $204.5 million and slot machine win was $12.6 million for the third quarter of 2016. Wynn Palace contributed to all the incremental revenue , reporting $164.6 million in sales.

Business

Discovery reports flat Q3 revenue

Duncker Streett And Company Inc accumulated 344 shares or 0% of the stock. Its share price has dropped -15.18% in three months and is down -4.59% for the last five trades. There are 3 equity research firms suggesting a Hold and 0 consider it Sell. Top-level EPS estimate is set at $0.09 while low-level EPS estimate among analysts is focused at $-0.33.

Business

Two police officers killed 'ambush style' in Des Moines

Des Moines officers responded to assist. The second officer was found dead in the city, NBC News reported . Anthony "Tony" Beminio - died at a hospital. The same year, he also pleaded guilty to harassment and was placed on probation for a year. Court records show Greene has had multiple run-ins with the law.

Business

Lucrative Stocks in today's market:Cerner Corporation, (NASDAQ:CERN)

Cerner Corp. (NASDAQ:CERN) had its target price decreased by Deutsche Bank AG from $70.00 to $58.00 in a report issued on Wednesday morning. While the stock price moved along with the volume change, shares are touching $53.49 at the time of writing.

Business

Yamana Gold Inc. (AUY) Trading Up 1.8% After Dividend Announcement

This represents a $0.02 dividend on an annualized basis and a yield of 0.56%. The ex-dividend date of this dividend is Wednesday, December 28th. "The amount of gold that was stolen is modest as material is kept in inventory only briefly after a gold pour pending transport", Yamana told the news agency in an emailed statement.

Business

Bill Murray leads celebrations after Chicago Cubs' historic World Series win

After defeating San Francisco and the Los Angeles Dodgers in the playoffs, Chicago became the first team to earn a title by winning Games 6 and 7 on the road since the 1979 Pittsburgh Pirates. Addison Russell crushed a grand slam and the Cubs stretched the series to the limit by ripping the Indians , 9-3, in Cleveland , Russell's blast off reliever Dan Otero put Chicago ahead 7-0 by the third inning and allowed winning pitcher Jake Arrieta to coast.

Business

Trump, Kaine head to Wisconsin in election's waning days

Johnson has always been seen as one of the most vulnerable GOP Senate incumbents this election cycle, but his campaign has argued the race is tightening and Democrats were spending money late because they were getting nervous. Democratic congressional candidate Tom Nelson says he's always been anxious about Hillary Clinton's emails but Donald Trump shouldn't be president.

Business

Most Recent analysts Ratings: The Coca-Cola Company (NYSE:KO)

This Consumer Staples Sector stock now has the Market Capitalization of 181.92 Billion. The Stock has a 52-Week High of $47.13 and 52-Week Low of $40.75 following the dates, it touched its 52-Week High on April 11, 2016 and 52-Week Low on Jan 20, 2016.

Business

Apple sees almost 30% decline in revenue in China

In September last year, Apple was reported to sell out more than 48 million units of iPhone, while for the same quarter of this fiscal year, Apple sold 45.5 million iPhones with a plunge in profits in both the markets of China and the America.

Business

Boyd Gaming says profitable quarter a result of stronger local economy

Boyd Gaming Corporation (NYSE:BYD) reports its Earnings on Yesterday. Research brokerage firms covering shares of Boyd Gaming Corporation (NYSE:BYD) are anticipating on a consensus basis that the stock will reach $23.142 within the next 52 weeks.

Business

October US auto sales fall as boom slows

William Clay Ford, Jr is one of the biggest insider owners in Ford Motor Co. Compiling all of the recommendations for the firm, Monsanto Company (NYSE:MON) current has a mean recommendation of 2. We won't know the CR-V's full incentives picture until the end of today and Honda's advertised customer rebates in October gave little indication. Sell-side analysts are now looking for Monsanto Company (NYSE:MON) to post quarterly EPS of $-0.04.

Business

Federal Reserve Keeps Interest Rates Unchanged, But Hints Hike Is Coming

Officials said inflation "has increased somewhat since earlier this year", and noted that market-based measures of inflation compensation "have moved up but remain low". The word " some " also was missing in September. Weak economic growth at home and overseas during the first half of the year helped convinced the Fed to stay its hand despite continued strong gains in hiring.

Business

Eurozone jobless numbers falls by 101000 in September

In the European Union, this is the lowest rate recorded since February 2009. September's was the lowest rate recorded in the bloc since June 2011. Still, the drop in the raw number of unemployed was a positive sign. There has been a steady improvement in unemployment rates over the past few months and the latest PMI surveys also suggest that companies are cautiously increasing employment.

Business

Shell believes oil demand could peak in the next five years

Jefferies Group now has a buy rating on the stock. Morgan Stanley reiterated an overweight rating on shares of Royal Dutch Shell Plc in a research report on Monday, October 17th. Royal Dutch Shell Plc has a 52-week low of GBX 1,256.00 and a 52-week high of GBX 2,140.00. The firm also recently declared a dividend, which will be paid on Friday, December 16th.

Business

Fed keeps rates unchanged ahead of election

Last fall, the Fed signaled that its December 2015 meeting was a likely time for a rate hike when it included the phrase "next meeting" in its statement , and indeed, it raised rates last December. In addition, the Fed's statement said the case for raising rates had "continued to strengthen", whereas in September, it had said only that the case "has strengthened".

Business

Cubs open up as favorites to win 2017 World Series

Two teams attempting to end the longest title droughts in major professional sports. The Indians will have to wait to end their lengthy drought - they haven't won since 1948. Kluber found a way to strand five Cubs runners and registered his first postseason hit in the top of the second inning. So, who will be the hero? Barely 10 minutes later, Zobrist sprinted to join the dogpile in the infield, after Kris Bryant threw to Rizzo at first for the final out.


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