Markets
By 2030 Automation Could Eliminate 73 Million Jobs in US
Worldwide, as many as 800 million workers have the possibility of being displaced and up to 375 million could need to be taught new skills to shift occupational category. In the USA, it seems it's the middle class that has the most to fear, with office administrators and construction equipment operators among those who may lose their jobs to technology or see their wages depressed to keep them com... [Full Article...]
Third Quarter GDP Upwardly Revised from 3.0% to 3.3%
Meanwhile, consumer spending, which accounts for about 70 percent of US economic output, grew at an annual pace of 2.3 percent, down from 3.3 percent in the second quarter, and government spending and investment rose for the first time in three quarters, led by an uptick in defense spending. [Full Article...]
(PFE) Shares Bought by Montag A & Associates Inc
The company's market cap is $212.68 Billion, and the average volume is $16.22 Million. Private Vista LLC now owns 199,317 shares of the biopharmaceutical company's stock valued at $133,000 after acquiring an additional 190,933 shares in the last quarter. [Full Article...]
Xavier Rolet leaves London Stock Exchange with immediate effect
Chairman Donald Brydon, who has been under pressure over Rolet's departure, will also not stand for re-election to the board in 2019. LSE's chief financial officer David Warren will fill in for Mr Rolet until a permanent successor is found. [Full Article...]
Amazon says Cyber Monday 2017 was its biggest shopping day ever
Cyber Monday overall was responsible for $6.59 billion in online retail sales, according to data from Adobe. Overall, Cyber Monday was the biggest online shopping day in U.S. Cyber Monday was the single biggest shopping day in the history of Amazon ( AMZN ), with customers ordering "hundreds of millions of products", the e-commerce leader said Wednesday. [Full Article...]
Strength in China leads Tiffany to earnings topper
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Tiffany & Co.'s target price was set to 95.98 with an IPO date at 12/30/1987. Welch Group LLC raised its stake in Tiffany & Co.by 0.5% during the 2nd quarter. The disclosure for this purchase can be found here. Tiffany & Co. has a 1 year low of $76.08 and a 1 year high of $97.29. (NYSE:TIF) shares have seen a move of 20.48%. [Full Article...]
Auris Medical Holding AG (EARS) to Release Earnings on Tuesday
Analysts await Auris Medical Holding AG (NASDAQ: EARS ) to report earnings on Nov, 28 for the fiscal quarter ending Sep 2017. The stock exchanged hands with 7,702,750 numbers of shares compared to its average daily volume of 578.18K shares. [Full Article...]
Dick Bove Says Buy Bank of America Corp (BAC), Sell Goldman Sachs
Bank Of America Corp now has $284.81 billion valuation. The counter witnessed a trading volume of 1.05 million shares versus an average volume of 0.31 million shares during last trading session. Cullinan Associate stated it has 64,843 shares. (NYSE:THO). Southernsun Asset Mngmt Limited Liability Co owns 1.69M shares or 4.53% of their USA portfolio. [Full Article...]