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Thursday, October 30, 2014

Daily Investor Briefing: Visa boosts Dow, S&P nears 2000 as...

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Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Visa boosts Dow, S&P nears 2000 as Wall St rallies
NEW YORK (Reuters) - U.S. stocks rose on Thursday, boosted by a strong reading on quarterly economic growth and by another round of upbeat earnings reports including Visa, which rose 10 percent and accounted for more than 140 points in the Dow industrials.
U.S. regulator to Takata: Give us faulty air-bag documents
DETROIT (Reuters) - U.S. auto safety regulators on Thursday ordered Japanese supplier Takata Corp to provide documents and answer questions under oath related to the government's ongoing probe of potentially defective Takata air bags in millions of U.S. vehicles.
Citi revises third-quarter lower due to legal accruals
(Reuters) - Citigroup Inc revised its third-quarter results lower due to a $600 million increase in legal accruals.
LinkedIn revenue jumps 45 percent as companies hire more
(Reuters) - Corporate networking site LinkedIn Corp reported a 45 percent rise in quarterly revenue as more businesses used its services to hire staff.
Western Union profit rises 9 percent
(Reuters) - Western Union Co , the world's largest money-transfer company, reported a 9 percent rise in quarterly profit as more people transferred money using its services.
Starbucks Americas sales weaker than expected
(Reuters) - Starbucks Corp on Thursday reported sales at established cafes in its U.S.-dominated Americas region that missed Wall Street expectations in the latest quarter, despite the early return of the popular Pumpkin Spice latte.
Conoco sees third-quarter profit rise, 2015 capex seen lower
(Reuters) - ConocoPhillips , the largest U.S. independent oil and gas company, on Thursday reported higher third-quarter profit after the sale of its Nigerian unit and said overall spending would decline next year, partly in response to falling crude oil prices.
Trade, defense buoy U.S. economy, but some weakness creeps in
WASHINGTON (Reuters) - A smaller trade deficit and surge in defense spending buoyed U.S. economic growth in the third quarter, but domestic demand slipped, hinting at some loss of momentum.
Efforts to replace Fed hawks Plosser, Fisher pick up speed
(Reuters) - Two regional Federal Reserve banks have taken steps to replace their hawkish presidents, Charles Plosser and Richard Fisher, whose departures early next year could change the tenor of debate within the U.S. central bank's policy-setting committee.
Raymond James reports strongest recruiting year since 2009
NEW YORK (Reuters) - Brokerage and investment bank Raymond James Financial Inc just completed its best broker recruiting year since 2009, the firm reported on Thursday.
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