GrubHub (NYSE:GRUB) Down 20% in Midmorning Trading
October 29, 2015
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GrubHub (NYSE:GRUB) Down 20% in Midmorning Trading

Revenue climbed 38% to $85.7 million, compared with the company’s expectations for $85 million to…

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Fading U.S. rate hike expectations point to $1300+ gold price
October 29, 2015
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Fading U.S. rate hike expectations point to $1300+ gold price

Next year, the most dovish FOMC member, Minneapolis Fed Bank President Narayana Kocherlakota, will be…

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The last day of US Airways
October 29, 2015
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Business

The last day of US Airways

One big complaint among analysts is that American has continued US Airways “Advantage Fares”, which…

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Valeant shares plummet on claims of inflated revenues
October 29, 2015
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Business

Valeant shares plummet on claims of inflated revenues

The stock fell 13 percent to $102.83 at 12:49 p.m.in New York, after dropping 19…

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Deutsche Bank to Cut 15000 Jobs and Leave 10 Countries
October 29, 2015
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Business

Deutsche Bank to Cut 15000 Jobs and Leave 10 Countries

The announcement came Thursday as the bank reported a net loss of 6 billion euros…

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Stocks tick lower on mixed earnings
October 29, 2015
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Business

Stocks tick lower on mixed earnings

Britain’s FTSE lost 0.8 per cent to 6,387.92 and France’s CAC40 edged 0.1 per cent…

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Oil prices retreat in Asia
October 29, 2015
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Business

Oil prices retreat in Asia

The uptick in prices follows a string of dismal reports from leading global oil and…

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United States seniors won’t see Social Security increase in 2016
October 29, 2015
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Business

United States seniors won’t see Social Security increase in 2016

AARP, the seniors-advocacy group, called on Congress this week to extend the hold-harmless provision to…

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Walgreens to acquire Rite Aid for $9.4 billion
October 29, 2015
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Business

Walgreens to acquire Rite Aid for $9.4 billion

They had been the third largest. In May, CVS acquired Omnicare, the nation’s largest provider…

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Pfizer, Allergan Considering a Combination
October 29, 2015
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Business

Pfizer, Allergan Considering a Combination

That includes Pfizer’s $US17 billion deal for injectable drug maker Hospira.

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