Abercrombie off the mark in 3Q as turnaround efforts sputter

Abercrombie off the mark in 3Q as turnaround efforts sputter

Abercrombie is now down by 14.4 percent after ending Thursday's trading at a two-month closing high. Retailers Gap and Abercrombie & Fitch plunged after delivering weak quarterly reports, while discount retailer Ross Stores climbed. The stock lost nearly -28.2% in price since last earning report, when its share price was $22.69. A MARVEL: Chipmaker Marvell Technology disclosed much stronger sales than analysts expected and gave a surprising forecast for the current quarter.

Applications for US unemployment aid fall to 43-year low

For Georgia as a whole, it added 6,700 jobs from September to October for a current total of 4,410,300. The labor force consists of people who are employed and those actively searching for a job. Government, as well as private education and health services; leisure and hospitality; trade, transportation and utilities; and information shed jobs last month.

Baker Hughes US Oil Rig Count Jumps 19 to 471

Baker Hughes US Oil Rig Count Jumps 19 to 471

The company's stock has grown by 0.21 percent in the past 5 years. The 29 analysts offering 12-month price forecasts for Baker Hughes Inc have a median target of 62.00, with a high estimate of 70.00 and a low estimate of 41.00. Hedge funds have recently modified their holdings of the stock. Legal & General Group Plc now owns 1,932,047 shares of the oilfield services provider's stock valued at $84,683,000 after buying an additional 96,126 shares in the last quarter.

Trump Says Ford Called to Say It's Keeping SUV Plant in Kentucky

Trump says that Bill Ford, the company's executive chairman, telephoned him with the news. Instead, it planned as of past year to move production of a single line, the Lincoln MKC sport utility vehicle, out of Kentucky. In April 2015, Ford said it planned to invest $2.5-billion to build two new plants in Mexico, adding 3,800 jobs in all. In a series of tweets, President-elect Donald Trump took credit for keeping a Ford manufacturing plant in the U.S.

Tesla shareholders approve $2.6 billion SolarCity merger

As well, these solar tiles are said to be more durable than regular roof shingles, so the lower cost may be on top of a reduced rate of replacements and repairs. They claim the merger is an attempt to use one company to bail out another. But lawsuits have been filed challenging the transaction, and skeptics have called the all-stock deal an attempted bailout for both companies because each faces a cash-flow crunch.

Thousands stranded in New Zealand after earthquakes, flooding

The military is evacuating people in helicopters and by ship. As he flew over the worst-hit areas in a helicopter, Key said: "It's utter devastation". One group was rescued while the other became stranded hours later as SPCA CEO Steve Glassey said the National Rescue Unit would attempt to save them.