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Thursday, September 25, 2014

Business Today: U.S. jobless claims up less than expected, point to firming labor market

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09/25/2014
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U.S. jobless claims up less than expected, point to firming labor market
WASHINGTON, Sept 25 (Reuters) - The number of Americans filing new claims for unemployment benefits rose less than expected last week, suggesting an acceleration in job growth in September.
MannKind, Magnum Hunter among premarket actives
NEW YORK (Reuters) - MannKind Corp shares were among the most actively traded in premarket on Thursday, after the company said it had closed a licensing agreement with Sanofi for the development and commercialization of its inhaled insulin product.
U.S. durable goods tumble, but business spending plans rebound
WASHINGTON, (Reuters) - Orders for long-lasting U.S. manufactured goods in August posted their biggest drop on record as the prior boost from aircraft unwound, but a rebound in business spending plans pointed to underlying strength in the manufacturing sector.
Rosneft may back out of Morgan Stanley oil unit deal: sources
LONDON (Reuters) - Rosneft , Russia's biggest crude oil producer, may back out of a deal to buy Morgan Stanley 's oil trading unit because Western sanctions make it virtually impossible to finance day-to-day operations, three sources close to the state-controlled company said.
Lack of appropriate tests may have caused Dreamliner battery overheating
TOKYO (Reuters) - Japan's transport authority said on Thursday a lack of appropriate testing may have contributed to a lithium-ion battery overheating on board a Boeing 787 Dreamliner owned by ANA Holdings , which led to the grounding of the Dreamliner fleet globally for more than three months.
Fed's Fisher says rates may rise 'sooner rather than later'
ROME (Reuters) - The U.S. Federal Reserve may start raising rates around the spring of 2015, at the earlier end of market expectations, Richard Fisher, president of the Federal Reserve Bank of Dallas said on Thursday.
F-35 jet combat ready next year despite engine fix: Lockheed
OSLO (Reuters) - Lockheed Martin expects the cost of the F-35 fighter jet to drop to its target level by 2019 and still sees the first version of the aircraft combat ready by mid-2015, despite an engine fire which still needs a fix, the firm said on Thursday.
Weak euro zone lending data underscores need for ECB stimulus
FRANKFURT (Reuters) - Lending to euro zone households and companies contracted for the 28th month in a row in August, though at a slower pace, putting a keener spotlight on European Central Bank efforts to get credit flowing again.
GlaxoSmithKline appoints RBS's Hampton as next chairman
LONDON (Reuters) - Drugmaker GlaxoSmithKline confirmed on Thursday it had chosen Philip Hampton, who currently chairs Royal Bank of Scotland, as its next chairman.
JPMorgan tops investment bank league table in first half
LONDON (Reuters) - JPMorgan was the top performing investment bank in the first half of the year, making $11.5 billion in revenue and ranking first for both its fixed income and deals advisory businesses, data showed on Thursday.
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U.S. jobless claims up less than expected, point to firming labor market
U.S. durable goods tumble, but business spending plans rebound
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