The job cuts will help the computer and printing company trim costs.
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This is a discussion on Market News within the Analytics and News forums, part of the Trading Forum category; The job cuts will help the computer and printing company trim costs. more......
The death of Thailand's king on Thursday touched off an expected wave of mourning in his Southeast Asian home country where he was seen as a beacon of stability among political shifts in the administrative government. Tens of thousands of mourners hit the streets in Bangkok Friday, but so far no one has reported political chaos or economic upheaval. Is it brewing?
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Saudi Arabia's financial stability is quickly slipping after more than two years of low oil prices. The kingdom has a few options left to prevent an economic crash and feasible social unrest, says one Middle Eastern expert.
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Twitter's stocks has been in a virtual free-fall since it IPO'd in November 2013 and now Jack Dorsey is desperately trying to sell the company. The problem is: nobody wants it. Twitter's stocks surged a few weeks ago on buyout rumors, then plunged over the past few weeks, when all the credible suitors walked away. Most recently, SalesForce.com ($CRM) walked away on Friday. Jack Dorsey is trying to sell something that nobody wants and his best option, at this point, is to take a page from Elon Musk's playbook and merge Twitter with Square (SQ) (the other public company he controls). Elon Musk was faced with a similar problem with Solar City Corporation (SCTY). So instead of trying to sell it and face public embarrassment. He, wisely, skipped that step and decided to throw a hail mary and combine SolarCity with Tesla Motors (TSLA) (the other public company he controls).
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The stock and bond markets are going nowhere fast. Declining earnings and low interest rates are the culprits. But earnings should rebound with rising energy prices, and so should stocks.
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The stocks market's sharp drop last Tuesday was consistent with the deterioration in the market internals but was contrary to the trader bullishness on Monday (Stocks Melt Up? Not So Fast). The lower weekly close has already cast its shadow on the first full week of the earning's season. In a Barron's column from early September, Strategists Say Beware the Bear, they surveyed 10 Wall Street Strategists for their current market outlook and found that "Four strategists call themselves bullish, three are in the bear camp, and three are neutral." Their surveys are conducted twice a year and those interviewed were more bearish than in past years. In late 2015 they were looking for a 10% gain in 2016 with an S&P 500 mean expected target of 2220. By September "Their mean expectation for the Standard & Poor?s 500 index is 2138 at year end" which is just below Friday's close.
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The Dow Jones Industrial Average ended last week negative, making it important that earnings from its components beat expectations and offer solid forward guidance.
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To become a "Dividend Aristocrat," a dividend paying company must accomplish an incredible feat: consistently increase shareholder dividends every year for at least 20 consecutive years. Companies with this kind of track record tend to attract a lot of investor attention — and furthermore, "tracking" funds that follow the Dividend Aristocrats Index must own them. With all of this demand for shares, dividend growth stocks can sometimes become "fully priced," where there isn't much upside to analyst targets.
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