Business

Wall Street extends record run on tax overhaul optimism, solid data

Wall Street extends record run on tax overhaul optimism, solid data

Economists had expected the unemployment rate to hold at 4.4 percent. After once again climbing to new record highs in the previous session, stocks may move back to the downside in early trading on Friday. "Volumes across the Asia-Pacific region are expected to remain subdued as Hong Kong and greater China enjoy autumn holidays", he said. The Standard & Poor's 500 index climbed 14 points, or 0.6 percent, to 2,552.


Marilou Danley no longer a person of interest in Las Vegas massacre

Marilou Danley no longer a person of interest in Las Vegas massacre

The 58 victims killed and almost 500 injured were among 22,000 attending the Harvest 91 country music festival. Before Sunday's massacre, the deadliest mass shooting in modern United States history took place in June 2016, when a gunman who professed support for Muslim extremist groups opened fire at a gay nightclub in Orlando, Florida, killing 49 people.


Reflections on the Current State of Bank of America Corporation (BAC)

Reflections on the Current State of Bank of America Corporation (BAC)

Waters Parkerson & Commerce Lc owns 2.25% invested in Bank of America Corp (NYSE: BAC ) for 1.00 million shares. Armbruster Capital Management Inc. now owns 4,323 shares of the financial services provider's stock valued at $102,000 after buying an additional 423 shares during the period.


Future Retail to buy HyperCity for Rs 655 cr

Future Retail to buy HyperCity for Rs 655 cr

With the acquisitions of Hypercity, Future Retail's total store numbers will now be raised to 900 across India . HyperCity is yet to turn a profit. HyperCity's debt, amounting to Rs 265 crore, would be transferred to Future Retail. Ebitda in the quarter was up 22% to Rs 32 crore while the margin was 3.1%, similar to that in Q1FY17.


Jobless Claims Drop in Return to Normalcy After Hurricanes

Jobless Claims Drop in Return to Normalcy After Hurricanes

Average hourly earnings are forecast increasing 0.3 percent in September after rising 0.1 percent in August. "The impact on tomorrow's report is highly uncertain, but our base-case assumes a significant impact of [125,000] that partially offsets continued job growth in the rest of the country", they wrote.