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Business

U.S. Adds 161000 Jobs in October; Wage Growth Picks Up

The crucial USA monthly jobs numbers show employers maintained a strong pace of hiring in October and boosted wages for workers. Hiring has been strong for almost three years. That is 2.8 percent higher than a year ago and is the biggest 12-month increase in seven years. "All the net job gains came in the form of workers holding two or more jobs".

Business

Berkeley Capital Partners buys $628588 stake in Whole Foods Market (WFM)

Sales Estimates: Wall Street Analysts are estimating average sales of $3,504.80M for current quarter (Quarter Ending Sep-16). The estimated EPS for the current quarter is said to be $0.24. Wedbush downgraded it to "Neutral" rating and $40 target price in Thursday, July 30 report. The company has a consensus rating of Hold and a consensus price target of $29.97.

Business

Abortion gets heavy attention in Pennsylvania US Senate race

With their debates over, Democrat Katie McGinty and Republican U.S. Senator Pat Toomey are getting campaign help from U.S. senators coming in from other states. Toomey's Democratic opponent in the upcoming Senate election also spoke out against the graffiti attack. Meanwhile, a TV ad saying Toomey "will fight Clinton's liberal agenda" is running in Pennsylvania's more conservative northeastern market.

Business

Big 5 Sales Rise Thanks To Closed Competition

Wedbush have set their target price at 65 Dollars on its stock. The mean price target for the company's stock is $63.15 while the highest price target suggested by the analysts is $75.00 and low price target is $50.00. Teton Advisors Inc. now owns 287,500 shares of the company's stock valued at $2,665,000 after buying an additional 1,000 shares during the last quarter.

Business

Donald Trump campaign announces $25 million ad slots in final five days

Polls show Trump closing in on her in battleground states, including some where Clinton has led for weeks. That includes the campaign's MI firewall, a remarkable situation for a candidate who looked to be cruising to an easy win just a week ago.

Business

Qorvo, Inc. (NASDAQ:QRVO), Iron Mountain Incorporated (NYSE:IRM)

The stock changed -9.47% across its SMA 200 of $37.26 with negative trend and moved downside -4.79% it's SMA 50 of $35.43. That means the share price went down -21.67% from its 52-week low and trades up 41.65% versus the highest price the stock has traded at during the previous year.

Business

Striking transit union fights injunction request

Philadelphia transit officials filed a lawsuit on Friday seeking a court order to force striking workers to return to their jobs, claiming the four-day-old walkout was endangering the welfare of the city's residents. He also referred to a State Supreme Court ruling from a Pittsburgh case in which a union was ordered back to work in a transit strike. Pensions, work rules and health care costs are among the issues on the bargaining table.

Business

Donald Trump campaigns in Eau Claire, Wisconsin

Donald trump heads a cancer institute in Virginia. Trump's campaign rhetoric has always been dark, full of searing depictions of a crumbling nation, and he has not been shy about going negative on Clinton. 62 percent of likely voters have an unfavorable view of Trump and 54 percent have an unfavorable view of Clinton. At the train station, she was asked if Weiner's "antics could hurt Hillary's campaign" and if Trump could win.

Business

Economy adds 44000 net new jobs in October as part-time jobs swell

The region has shed almost 2,000 jobs since the start of this year, when unemployment sat at 8.5 per cent at 40,000 people were employed in January. For Canada though, the tell all-statistic, courtesy of Bank of Montreal, is that Ontario, Quebec, and B.C.

Business

Government raises $314 million from share sale in L&T

Specified Undertaking of the Unit Trust of India was created in 2002 by bifurcating UTI after its flagship US-64 investment scheme ran into trouble. As a result of Friday's stake sale, which increased the supply of L&T shares in the market, the stock of the company closed 1.8% down at Rs 1,419.

Business

Take Two Resumes Trading, Jumps On Q2 Earnings Despite Light Guidance

A number of research analysts have issued reports on TTWO shares. Company shares were Reiterated by Stifel on Aug 8, 2016 to "Buy", Firm has raised the Price Target to $ 46 from a previous price target of $41. Corporate insiders own 2.50% of the company's stock. Oppenheimer Holdings Inc. started coverage on shares of Take-Two Interactive Software in a report on Friday, October 14th.

Business

Bill Clinton says he feels bad for Melania Trump

Noting that polls show that the Republican presidential nominee is trailing with women and that his wife offered a refreshingly different approach - her words carefully considered and her talk focusing on children and kindness - Granero was puzzled about only now getting to hear from Melania Trump .

Business

Tesla Motors' SolarCity deal gets a boost from shareholder advisory firm

The "no" recommendation was the polar opposite of ISS's statement, which described the merger as a "necessary step" for Tesla to become an integrated sustainable-energy company. It's due to go on sale next year, and although there's no word on pricing yet Fisker has said that the E-Motion will be priced to directly compete with cars like the Tesla Model S.

Business

Score! Big Viewership For Final Game Of World Series

Friday right here. The city asked crowds to gather downtown for the official parade, but some couldn't resist lining much of the five-mile route that the buses took to get there from Wrigley Field . "It happened, baby. It happened!" proclaimed 27-year-old first baseman Anthony Rizzo to adoring cheers. Ross and the other players put their arms around each other and sang "Go Cubs Go" from the stage along with the blissed-out crowd.

Business

Tesla Reports Its First Quarterly Profit in More Than Three Years

On an adjusted basis, Tesla earned $111 million, or 71 cents a share . Tesla reported revenue of $2.3 billion, up 45% year over year and beating the consensus estimate of $1.977 billion. The third quarter profit and leaner capital spending plan could be ammunition for Musk should he seek to raise cash from capital markets in the next year to fund the Model 3 launch, as most analysts expect.

Business

Trading Overview of Stock: ENERGY TRANSFER PARTNERS (NYSE:ETP)

The Median price target for the stock is measured at $47.00. Zacks Investment Research lowered Energy Transfer Equity L.P. from a "hold" rating to a "sell" rating in a report on Monday, September 26th. (ETC OLP), and interstate natural gas transportation and storage through Energy Transfer Interstate Holdings, LLC (ET Interstate) and Panhandle Eastern Pipe Line Company, LP (Panhandle); liquids operations, including natural gas liquids (NGL) transportation, storage and fractionation services ...

Business

Washington state elector says he won't vote for Clinton

Satiacum also does not plan to vote for Republican nominee Donald Trump . The most important of these are the "battleground" or "swing" states with the largest number of electors , like Florida (29), Pennsylvania (20) and OH (18). It will also exemplify how elections have turned into technology-heavy battles where money is strategically spent in battleground states. "I happen to think that it would be healthy to the body politic, having one national constituency as opposed to being divided ...

Business

God is a Cubs fan

There will be millions of elated Cubs fans at their long-awaited World Series victory parade in Chicago today, but don't expect Steve Bartman to be among them. "This has got to be the year". When the double-decker buses came rolling down South Columbus Drive, red, white and blue confetti shot from cannons as fans cheered for the players.

Business

Lack of experience cost England against Bangladesh: Cook

England must now regroup ahead of their five-match Test series with India, which gets underway on November 9. Captain Alastair Cook felt the side's inexperience of playing in the sub-continent came back to haunt them in Dhaka, while Bayliss was happy with some spells of their play but felt they didn't sustain it long enough.

Business

United States election snapshot: Asian turnout increases in early voting

Mrs Clinton's team believes that in close races the Latino vote could make all the difference, not just in Florida but in places that used to be reliably Republican, such as Arizona. What Republican strategists are desperately hoping is that Trump is viewed by Hispanics as an outlier, an isolated case who does not represent the broader views of the GOP.

Business

Where Will the Recalled Samsung Note 7's Go?

The Directorate General of Civil Aviation (DGCA) had last month issued a fresh advisory on Galaxy Note 7 asking passengers not to carry them on-board flights. Samsung also says that a majority of customers returning their Note 7s have opted to stay with Samsung , which I'm sure has nothing to do with the monetary incentives that Samsung is offering people to exchange their Note 7 devices for another Samsung phone.

Business

Dollar slips against Swiss franc on USA election uncertainty

That anxiety has rippled across global financial markets as investors ponder hedging the possible ramifications of a Trump presidency, overshadowing other events, including Friday's U.S. dollar index could be seen drifting lower by 0.08% to 97.07 despite a slightly better than expected USA employment report for the month of October, while cable was up by 0.41% to 1.2511.

Business

New recall headache for Samsung: 3M washing machines

The recall comes after the company received 733 reports of washing machines excessive vibration or the top detaching from the washing machine chassis. Only top-loading washing machines are affected, so if you have a front-loader, you can relax. The CPSC had released a statement in September that it was working with Samsung to investigate the reported safety issues.

Business

US October nonfarm jobs up 161000, jobless rate dips to 4.9%

That process isn't complete - there are still close to 8 million unemployed Americans and millions more who would like jobs but don't count as unemployed - but the economy is closer to a healthy level of employment than it has been in years.

Business

Alabama suspends hours regs for gas haulers following pipeline explosion

The deadly Colonial Pipeline explosion in Alabama has left many people wondering if gas prices will increase across Georgia. Almost 600 complaints about high gas prices were registered with the state, though most of those were around Nashville, according to the Tennessee Department of Commerce and Insurance.

Business

Tesla Touts 'Invisible' Rooftop Solar Tiles

Musk showed off some homes fitted with the Tesla/SolarCity solar tiles , which are made of tempered glass and have built-in solar cells that generate electricity. The solar tiles certainly aren't the first building-integrated photovoltaic products introduced to the market, but the Tesla/SolarCity event garnered a lot of media and public attention.

Business

Buffett's firm's 3Q profit drops 24 pct on investments value

The conglomerate billionaire Warren Buffett leads posted solid results at most of the more than 90 companies it owns as it reported net income of $7.2 billion, or $4,379 per Class A share, in the quarter. Results included a $1.6 billion gain when Mars Inc bought Berkshire's preferred stock investment in its Wrigley chewing gum business. That compares with a gain of $4.88 billion a year earlier.

Business

UK's May tells EU Brexit timetable 'unchanged' despite shock ruling

Mrs May is due to outline her commitment during a telephone call to Mr Juncker later. If the country's highest court rules against the government, Parliament will become directly involved in discussions over how the Brexit process begins. The resignation has fuelled mounting speculation of an early general election, though Downing Street maintains that polls should not be brought forward from 2020.

Business

Hillary Clinton Regains Lead in Tracking Poll

Trump has to prevail in both Florida and North Carolina to have a good chance of winning the November 8 election, but Clinton could lose both states and still clinch the White House. Clinton's schedule underscored the Democrats' fresh anxiety. Although she stanched the bleeding, Clinton's problems are taking a toll on her candidacy in MI and the state is now in play.

Business

United States actor Steven Seagal given Russian citizenship by Putin

In recent years, Seagal has emerged as an unlikely conduit between USA and Russian officials. The US Embassy in Moscow does point out that American citizens travelling to Russia on a Russian passport can face difficulties at the border, but hopefully Steven can impress any suspicious guards with his fine array of martial arts.

Business

Obama scolds Democrats at rally booing Trump supporter

She has a double-digit lead with women in both, while Trump has a more modest lead with men. Utah remains a toss-up state with independent candidate and former Central Intelligence Agency operative Evan McMullin threatening to win that state.

Business

Squirrel attack, Cub celebration and happiness in Happy Valley

The parade left Wrigley Field under clear blue skies and players took turns holding up the glittering World Series trophy as the procession made its way south through miles of downtown streets before ending at Grant Park where a free rally was held.

Business

Bank of England revises up growth forecasts amid pound spike

In quarterly forecasts published on Thursday, it predicted less of a short-term impact but warned that Britain's access to European Union markets could be "materially reduced" which would hurt growth over "a protracted period". Most in the City expected inflation not to return to 2 per cent until 2020. 'Monetary policy is close to the limits of its effectiveness. Earlier this week, the Canadian said he would stay at the BoE for an extra year until June 2019 but declined to take up an ...

Business

European Union expresses concern over terror attacks in SE Turkey

Prime Minister Binali Yildirim said up to 100 people were wounded, though most were released after treatment. The Diyarbakir governor's office said the outlawed Kurdistan Workers' Party, or PKK, claimed the attack, which the state-run Anadolu Agency said was carried out with a minibus laden with a ton of explosives.

Business

Article 50 ruling gives sterling a shot in the arm

The court ruling offered hope to markets anxious that Prime Minister Theresa May's cabinet is set on an economically disruptive "hard Brexit", with investors reckoning lawmakers - a majority of whom supported staying in the European Union in June's referendum - will push for Britain to keep access to Europe's single market.


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