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US jobless claims likely remained high as layoffs persist
US jobless claims likely remained high as layoffs persist
| October 1st | 2020  6:57AM
US jobless claims likely remained high as layoffs persist
WASHINGTON (AP) — The government will provide its latest picture Thursday of the pace of layoffs in the United States, which have remained high as some sectors of the economy have rebounded since the viral pandemic erupted in March while others remain depressed. The still-elevated number of people seeking unemployment benefits each week…
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Unemployment marches higher in Europe amid pandemic
Unemployment marches higher in Europe amid pandemic
| October 1st | 2020  6:34AM
Unemployment marches higher in Europe amid pandemic
FRANKFURT, Germany (AP) — Unemployment rose for a fifth straight month in Europe in August amid concern that extensive government support programs won't be able keep many businesses hit by coronavirus restrictions afloat forever. The jobless rate increased to 8.1% in the 19 countries that use the euro currency, up from 7.9% in July, official statistics showed Thursday.
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Applied Materials (NASDAQ: AMAT) Stock is a Core Holdings Buy
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| October 1st | 2020  6:15AM
Applied Materials (NASDAQ: AMAT) Stock is a Core Holdings Buy
Semiconductor equipment maker Applied Materials (NASDAQ: AMAT) shares have been underperforming the benchmark S&P 500 index (NYSEARCA: SPY). While the semiconductor stocks have been split between the haves and have nots, the one thing that is core is the need for the equipment to design, develop, and test the chips to ensure functionality. Applied…
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Is It Worth Snacking On Pepsi Stock?
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| October 1st | 2020  6:05AM
Is It Worth Snacking On Pepsi Stock?
After what looks to be an earnings beat on the top and bottom lines for PepsiCo (NASDAQ:PEP), investors may wonder if now is the time to take a nibble or two at the company’s stock. The answer to that question will depend less on what the company reports and more on what the company says. Pepsi recorded a year-over-year revenue decline of just 3% in its most recent quarter.
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Asana (NYSE:ASAN) Stock IPO: 3 Things for Investors to Know
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| October 1st | 2020  6:00AM
Asana (NYSE:ASAN) Stock IPO: 3 Things for Investors to Know
During the first half of 2020, the IPO market was heavily impacted by the global pandemic. Many companies that were planning to go public put their IPO dates on hold as the market took a massive downturn amid extraordinary volatility. However, the IPO market has picked up a lot of steam during the summer as several high-profile companies began trading and experienced strong demand for their shares.
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EU takes legal action against UK over planned Brexit bill
EU takes legal action against UK over planned Brexit bill
| October 1st | 2020  5:44AM
EU takes legal action against UK over planned Brexit bill
BRUSSELS (AP) — The European Union took legal action against Britain on Thursday over its plans to pass legislation that would breach parts of the legally binding divorce agreement the two sides reached late last year. The EU action underscored the worsening relations with Britain, which was a member of the bloc until Jan. 31. Both sides…
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The Latest: Dutch death toll higher than official figures
The Latest: Dutch death toll higher than official figures
| October 1st | 2020  5:25AM
The Latest: Dutch death toll higher than official figures
THE HAGUE, Netherlands — The Dutch government’s statistics office says the death toll from the peak of the coronavirus outbreak is significantly higher than the official figures published by the country’s public health institute. The Central Bureau for Statistics reported Thursday that just over 10,000 people died of COVID-19 in March through June this year as the first wave of the pandemic swept across the Netherlands.
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World shares mostly higher; Tokyo trading halted by outage
World shares mostly higher; Tokyo trading halted by outage
| October 1st | 2020  5:16AM
World shares mostly higher; Tokyo trading halted by outage
TOKYO (AP) — Shares were higher in Europe and Asia on Thursday, while trading on the Tokyo Stock Exchange was suspended due to a technical failure in its computer systems. Tokyo Stock Exchange officials said they were working to restore normal trading by Friday morning. They said trading was halted early Thursday because rebooting the huge system would have caused confusion.
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Outage freezes Tokyo Stock Exchange, world's 3rd largest
Outage freezes Tokyo Stock Exchange, world's 3rd largest
| October 1st | 2020  4:43AM
Outage freezes Tokyo Stock Exchange, world's 3rd largest
TOKYO (AP) — Tokyo Stock Exchange officials said they were working to get trading back to normal by Friday after the bourse halted trading for the day due to what they said was a hardware and systems malfunction of its electronic trading system. There was no indication that the outage at the world's third-largest exchange resulted from hacking or other cybersecurity breaches.
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The Latest: Rolls-Royce to sell shares as virus cuts travel
The Latest: Rolls-Royce to sell shares as virus cuts travel
| October 1st | 2020  3:32AM
The Latest: Rolls-Royce to sell shares as virus cuts travel
LONDON — Rolls-Royce Holdings plans to raise 2 billion pounds ($2.6 billion) by selling shares to existing investors after airlines around the world cut flights in response to the COVID-19 pandemic, slashing revenue for the jet-engine maker. The London-based company said Thursday it also plans to raise at least 1 billion pounds by selling…
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Tokyo trading stops over system failure, China on holiday
Tokyo trading stops over system failure, China on holiday
| October 1st | 2020  3:29AM
Tokyo trading stops over system failure, China on holiday
TOKYO (AP) — Trading on the Tokyo Stock Exchange was suspended Thursday because of a problem in the system for relaying market information. Most other Asian markets were closed for national holidays. The Tokyo Stock Exchange said that all trading was stopped because of the problem, and will not resume for the rest of the day. It was…
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The Latest: Millions of Chinese travel locally for holidays
The Latest: Millions of Chinese travel locally for holidays
| October 1st | 2020  1:36AM
The Latest: Millions of Chinese travel locally for holidays
BEIJING — Tens of millions of Chinese are traveling during the combined National Day and Mid-Autumn Festival holidays, amid continued masking and other safety requirements aimed at preventing new virus outbreaks in a country that has seen no cases of local transmission in more than a month. Fewer trips are expected, however, out of concern restrictions could be reimposed if new outbreaks occurred.
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The Latest: September worst month for pandemic in India
The Latest: September worst month for pandemic in India
| October 1st | 2020  1:20AM
The Latest: September worst month for pandemic in India
NEW DELHI — India has reported 86,821 new coronaviruses cases and another 1,181 fatalities, making September its worst month of the pandemic. The Health Ministry’s update raises India’s total to more than 6.3 million and 98,678 dead. India added 41% of its confirmed cases and 34% of fatalities in September alone. India…
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Malaysia palm oil producer vows to clear name after U.S. ban
Malaysia palm oil producer vows to clear name after U.S. ban
| October 1st | 2020  1:19AM
Malaysia palm oil producer vows to clear name after U.S. ban
KUALA LUMPUR, Malaysia (AP) — Malaysian palm oil producer FGV Holdings Berhad vowed Thursday to “clear its name” after the U.S. banned imports of its palm oil over allegations of forced labor and other abuses. The U.S. Customs and Border Protection’s Office of Trade issued the ban order against FGV on Wednesday, saying it found indicators…
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US says it will block palm oil from large Malaysian producer
US says it will block palm oil from large Malaysian producer
| September 30th | 2020  11:44PM
US says it will block palm oil from large Malaysian producer
The United States will block shipments of palm oil from a major Malaysian producer that feeds into the supply chains of iconic U.S. food and cosmetic brands. It found indicators of forced labor, including concerns about child workers, along with other abuses such as physical and sexual violence. The order against FGV Holdings Berhad,…
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Japan's 'tankan' economy survey shows improved sentiment
Japan's 'tankan' economy survey shows improved sentiment
| September 30th | 2020  11:22PM
Japan's 'tankan' economy survey shows improved sentiment
TOKYO (AP) — Japanese manufacturers’ sentiments improved for the first time in three years, a quarterly Bank of Japan survey showed Thursday, as the nation grappled with stagnation worsened by the coronavirus pandemic. The headline measure for the “tankan,” tracking sentiment among large manufacturers, stood at minus 27, an improvement of seven points from the previous survey that came out in July.
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American, United to furlough 32,000 as time runs out on aid
Henry Gemdron
| September 30th | 2020  10:37PM
American, United to furlough 32,000 as time runs out on aid
American Airlines and United Airlines say they will begin to furlough 32,000 employees after lawmakers and the White House failed to agree on a broad pandemic relief package that includes more federal aid for airlines. American Airlines CEO Doug Parker said that if Washington comes up with a deal with $25 billion for airlines “over the…
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The Latest: Singapore to allow travelers from more countries
The Latest: Singapore to allow travelers from more countries
| September 30th | 2020  10:32PM
The Latest: Singapore to allow travelers from more countries
SINGAPORE -- Singapore will allow entry to travelers from Vietnam and Australia, excluding its coronavirus hot spot Victoria state, beginning next week. The tiny city-state last month welcomed visitors from Brunei and New Zealand, and is cautiously reopening its borders after a virus closure to help revive its airport, a key regional aviation hub.
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The Latest: Arizona officials urge keeping mask mandate
The Latest: Arizona officials urge keeping mask mandate
| September 30th | 2020  10:01PM
The Latest: Arizona officials urge keeping mask mandate
___ PHOENIX -- Hospital officials and Arizona’s schools chief are urging local governments not to lift their mask mandates. Superintendent of Public Instruction Kathy Hoffman said Wednesday that schools are depending on continued efforts to control the coronavirus outbreak. An association representing large hospital chains said lifting mask mandates risks burdening the health care system.
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Research Analysts Set Expectations for Trustmark Corp's Q1 2021 Earnings (NASDAQ:TRMK)
Piper Sandler Research Analysts Lift Earnings Estimates for South State Corp (NASDAQ:SSB)
FY2020 EPS Estimates for Renasant Corp. (NASDAQ:RNST) Raised by Analyst
Q3 2020 EPS Estimates for Prosperity Bancshares, Inc. (NYSE:PB) Reduced by Analyst
Fortress Transprtn and Infr Investrs Sees Unusually High Options Volume (NYSE:FTAI)
Equities Analysts Set Expectations for Peoples Bancorp Inc.'s Q3 2020 Earnings (NASDAQ:PEBO)
Q3 2020 Earnings Forecast for Pinnacle Financial Partners (NASDAQ:PNFP) Issued By Truist Securiti
Q3 2020 EPS Estimates for Ready Capital Corp (NYSE:RC) Cut by Analyst
Q3 2020 EPS Estimates for Regions Financial Corp Lowered by Analyst (NYSE:RF)
Piper Sandler Analysts Lift Earnings Estimates for Sandy Spring Bancorp Inc. (NASDAQ:SASR)
Q3 2020 EPS Estimates for ServisFirst Bancshares, Inc. (NASDAQ:SFBS) Lifted by Piper Sandler
Steven Madden, Ltd. (NASDAQ:SHOO) to Post Q3 2020 Earnings of $0.25 Per Share, Wedbush Forecasts
Q3 2020 EPS Estimates for Sherwin-Williams Co (NYSE:SHW) Increased by Analyst
Q3 2020 EPS Estimates for SVB Financial Group Lifted by Analyst (NASDAQ:SIVB)
Piper Sandler Equities Analysts Lower Earnings Estimates for Southern National Banc. of Virginia, Inc (NASDAQ:SONA)
Q3 2020 EPS Estimates for State Street Corp Reduced by Seaport Global Securities (NYSE:STT)
Q3 2020 EPS Estimates for AirBoss of America Corp Reduced by Cormark (TSE:BOS)
Q3 2020 Earnings Estimate for TCF Financial Co. (NYSE:TCF) Issued By Piper Sandler
Brokers Issue Forecasts for Tenable Holdings Inc's Q3 2020 Earnings (NASDAQ:TENB)

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