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Friday, October 19, 2018
John Gress | Reuters Kathy Huff installs a headlight assembly at GM's Chevrolet Silverado and GMC Sierra pickup truck plant in Fort Wayne, Indiana, July 25, 2018.  Recession risk is low, even when...
If history is repeated, there could be some disappointment with the August employment report, even though hiring appears to be strong and the job market solid. Economists expect 191,000 nonfarm payrolls were added in August, following 157,000 in July, according to Thomson Reuters. The unemployment rate should dip to...
Wells Fargo has been investigating internal complaints of gender bias in its wealth management division for months and is looking into at least one formal human resources complaint about the division's head, a man, according to a report in The Wall Street Journal on Friday. Female executives at Wells...
Investors' appetite for IPOs seems to only increase as giants such as Uber and Airbnb stay private longer. Despite never posting a profitable year, Survey Monkey jumped 40 percent after its public offering last week. Shares of money-losing biotech company Solid Biosciences tripled after its IPO despite...
Despite consumer backlash against Nike's Colin Kaepernick ad campaign, one analyst says the publicity should bode well for the athletic apparel company's bottom line. "We view the publicity as good publicity," Erinn Murphy, Piper Jaffray senior research analyst, said in a note to clients Monday. "The controversy has not...
Investors dumped technology and other growth stock winners Wednesday in favor of defensive and value names, a trend that has accelerated as interest rates rise. Stocks fell sharply Wednesday, with the Dow down as much as 400 points or 1.5 percent. The tech-heavy Nasdaq led the decline with a...
U.S. stock market closed mostly lower on Thursday as softness in tech sector, trade war concerns and fear of contagion from some emerging markets problems have rattled investor...
Every few weeks this summer, bitcoin bulls have gotten a ray of hope from U.S. regulators. This week, that optimism is coming from the possibility a bitcoin exchange traded fund, or ETF, getting approved by the Securities and Exchange Commission. What would be the first-ever bitcoin-based...
Shire plc SHPG shares increased 1% following news that Takeda Pharmaceutical Co Ltd. received FTC’s nod to acquire the company for $62 billionThe J. M. Smucker Co SJM declined 1.6% following news that the company will sell its U.S. baking business to private-equity firm Brynwood Partners for $375...
Check out the companies making headlines before the bell: Coca-Cola – Coca-Cola struck a deal buy Costa, the world's second-largest coffee chain, from Britain's Whitbread for $5.1 billion, including assumed debt. Costa has nearly 4,000 locations across a variety of international markets. Lululemon – Lululemon reported...

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