• Hexavest Inc Increased Wells Fargo & Co (NYSE:WFC) Stake by $10.54 Million
Hexavest Inc Increased Wells Fargo & Co (NYSE:WFC) Stake by $10.54 Million

Analysts had forecast earnings of $1.03 per share and revenue of $22.4 billion, according to Thomson Reuters I/B/E/S. Wells Fargo reported flat or lower revenues in many key consumer banking segments in the aftermath of a fake accounts scandal that led to a shakeup of company leadership and numerous government probes and lawsuits.

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  • Korean lawmaker says N. Korea hacked war plans
Korean lawmaker says N. Korea hacked war plans

Tensions over North Korea's weapons programme have soared in recent months, with Pyongyang launching a flurry of missiles and conducting its sixth and most powerful nuclear test last month. South Korean and USA government officials have been raising their guard against more North Korean provocations with the approach of the 72nd anniversary of the ...

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  • Factory growth, inflation likely to trend higher, says Morgan Stanley report
Factory growth, inflation likely to trend higher, says Morgan Stanley report

The Index of Industrial Production ( IIP ) recorded 4 per cent growth in August a year ago. The worrying factor, however was manufacturing sector growth, which decelerated to 3.1 per cent in August from 5.5 per cent a year ago. The government today revised July's factory output growth to 0.9 percent in July, as compared with an earlier estimate o...

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  • Loan growth helps JPMorgan beat expectations despite trading decline
Loan growth helps JPMorgan beat expectations despite trading decline

As per Monday, May 29, the company rating was downgraded by Credit Suisse. A number of other equities research analysts have also weighed in on the company. They expect $0.85 EPS, down 18.27% or $0.19 from last year's $1.04 per share. The business had revenue of $25.33 billion for the quarter, compared to analyst estimates of $24.91 billion.

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  • Equifax says it's looking into another possible hack
Equifax says it's looking into another possible hack

What he found instead was yet another security issue for the credit agency. The company, which gathers data on consumers for credit inquiries, has blamed a combination of human and technical error for the massive breach - not the largest on record but potentially the most damaging because of the sensitive financial information on consumers it hol...

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  • Oil prices settle up on demand forecasts, Kurdistan tensions
Oil prices settle up on demand forecasts, Kurdistan tensions

Saudi Arabia said it pumped 9.97 million barrels per day in September, up about 22,000 barrels per day from August, but below its OPEC target. Saudi Arabia and Russian Federation helped secure a deal between the Organization of the Petroleum Exporting Countries and 10 rival producers to cut output by about 1.8 million barrels per day (bpd) until ...

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  • Chicago's soda tax repealed, in blow to 'nanny-state crusade'
Chicago's soda tax repealed, in blow to 'nanny-state crusade'

Preckwinkle said in a statement after Tuesday's vote that she was " disappointed ". People acknowledge the fact that this tax is about augmenting revenue to stimulate proceeds and they oppose the idea of a billionaire from New York City approaching them and pursuing them what they should do here in Cook County.

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  • Walgreens Boots Alliance Inc (WBA) EPS Estimated At $1.22
Walgreens Boots Alliance Inc (WBA) EPS Estimated At $1.22

Walgreens Boots Alliance, Inc .'s institutional ownership is 62.1%, while its institutional transactions stand at 0.06%. Orrstown Financial Services Inc. 09/20/2017 - Walgreens Boots Alliance, Inc . had its "outperform" rating reiterated by analysts at RBC Capital. If you are accessing this piece on another publication, it was stolen and republish...

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  • Behavioral Economics Pioneer Thaler Wins Nobel Prize for Economics
Behavioral Economics Pioneer Thaler Wins Nobel Prize for Economics

Thaler popularised the idea of " nudge economics", which emphasises subtly guiding humans toward beneficial behaviours without forcing them to comply. "There's also a nudging unit for the United Kingdom government, there's one for the Australian government, it even affects the Swedish government when they think about these things"'.

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  • Southwest Offering Blockbuster $49 Flights From Detroit Metro Airport
Southwest Offering Blockbuster $49 Flights From Detroit Metro Airport

The sale is for flights taken between October 31 and December 19, and from January 3 through February 14. Worldwide travel is valid from October 31, 2017 to December 13, 2017, and again from January 10, 2018 to March 2, 2018.

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  • Here's why: Tesla is struggling to build the Model 3
Here's why: Tesla is struggling to build the Model 3

And the video perhaps proves that despite the hiccups, Tesla has lost none of its mojo. The company has offered scant detail about the problems it's having producing the mission-critical car that starts at $35,000, roughly half the cost of the least expensive Model S sedan.

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  • How Does Bank of America Corporation (BAC) Stack Up Right Now?
How Does Bank of America Corporation (BAC) Stack Up Right Now?

It has outperformed by 41.94% the S&P500. Among 15 analysts covering Realty Income ( NYSE:O ), 5 have Buy rating, 3 Sell and 7 Hold. Therefore 66% are positive. Carroll Financial Assocs invested in 0.45% or 152,239 shares. North Star Investment Management holds 0.48% of its portfolio in Bank of America Corp (NYSE: BAC ) for 146,550 shares.

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  • Trump Might Visit DMZ Between North Korea and South Korea
Trump Might Visit DMZ Between North Korea and South Korea

Highly-trained special forces in the hermit kingdom have been carrying out paragliding infiltration exercises targeting the South Korean capital of Seoul. The exercise involved South Korea's air defense unit and soldiers from the USA 6th Battalion, 52nd Air Defense Artillery Regiment. South Korea and the US are boosting their surveillance of the ...

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  • Walmart Now Lets You Return Items Bought On Your Smartphone
Walmart Now Lets You Return Items Bought On Your Smartphone

Arcadia Invest Mgmt Corp Mi stated it has 0.06% of its portfolio in Wal-Mart Stores Inc (NYSE: WMT ). Royal Bank Of Canada set a $74.00 target price on shares of Wal-Mart Stores and gave the stock a "sell" rating in a research note on Monday, July 24th.

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  • GM buys California laser firm to help speed autonomous vehicle research
GM buys California laser firm to help speed autonomous vehicle research

Velodyne is now the industry leader in terms of LiDAR employed in self-driving vehicle technology, but many are trying to improve the cost, form factor and reliability of LiDAR parts. As the race to produce a fully autonomous auto continues to heat up between Tesla , GM, Uber, and Google, and hardware prices decline, it's only a matter of time b...

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  • Vegas shooter's dad allegedly robbed Phoenix bank, on FBI Most Wanted list
Vegas shooter's dad allegedly robbed Phoenix bank, on FBI Most Wanted list

Even though Paddock's father was a notorious fugitive bank robber , law enforcement officials can not explain what would motivate the gambler with no known criminal record to cause such a massacre. According to his other son, Eric Paddock , not much. Nine years later, Patrick was caught in OR, living under yet another name. Paddock reportedly s...

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  • Florida Hospital collects donations for Puerto Rico relief efforts
Florida Hospital collects donations for Puerto Rico relief efforts

The World's Jasmine Garsd met some them, on a mission to deliver food and water via helicopter. And there are bigger problems: How are they going to refrigerate things? Scott Gottlieb said in a statement that the agency is working to prevent shortages of about 40 crucial medicines.

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  • Google got permission to float its internet-beaming balloons over Puerto Rico
Google got permission to float its internet-beaming balloons over Puerto Rico

The Federal Communications Commission said Saturday that 82 percent of cell sites remain out in Puerto Rico; 58 percent are out of service in the U.S. Just last week, the Loon team said it was looking into helping Puerto Rico, still devastated by Hurricane Maria, regain connectivity. On September 29th the X team said it was looking into ways ...

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  • United States economy sheds jobs for first time since 2010 as hurricanes hit
United States economy sheds jobs for first time since 2010 as hurricanes hit

Average hourly earnings rose 12 cents, or 0.45% from a month earlier. The Dow, S&P 500 and Nasdaq have all soared this year and are near record highs. The labor force participation rate, at 63.1 percent, changed little over the month and has shown little movement over the year. The storms did not affect all industries or workers equally.

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  • Gerrymandering case could reshape Texas' politics
Gerrymandering case could reshape Texas' politics

There is no good case for Supreme Court intervention. Justice Kennedy questioned the NLRB's counsel whether the arbitration agreements at issue truly prohibit employees' right to engage in concerted activity, noting that employees could still work together to obtain the same counsel, share information, and strategize about their cases; they w...

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