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S&P, Nasdaq opens at new highs on strong earnings

The S&P 500 and the Nasdaq hit new all-time highs on Thursday as energy and healthcare stocks rose and overall earnings continued to beat expectations.

Recent Business News

Brent oil climbs above $50 for first time since early June

LONDON Brent crude oil rose above $50 per barrel for the first time since early June on Thursday, adding to gains made the previous session when falling U.S. crude and oil product inventories lifted the market.

9:15am EDT

Abbott lifts profit forecast as it integrates St. Jude deal

Abbott Laboratories on Thursday raised its full-year adjusted profit forecast as the diversified healthcare company gains from its $25 billion acquisition of medical devices maker St. Jude Medical earlier this year

9:20am EDT

Citigroup says may need to create 150 jobs in EU due to Brexit

LONDON U.S. bank Citigroup said on Thursday that it may need to create 150 new jobs in the European Union to deal with the impact of Britain leaving the bloc, as it confirmed it would headquarter its EU trading operations in Frankfurt.

8:56am EDT

Exclusive: U.S. bank card companies to seek licenses to operate in China in months

HONG KONG U.S.-based payment card companies, including American Express , MasterCard and Visa , are preparing to submit license requests to operate in China within months, according to three people with direct knowledge of the matter.

6:45am EDT

Sears to sell Kenmore appliances on Amazon

Sears Holdings Corp said its Kenmore brand of home appliances would now be available on Amazon.com , sending the struggling retailer's shares up 7 percent in premarket trading on Thursday.

8:31am EDT

Monetizing the Dallas Cowboys brand

Dallas Cowboys Chief Operating Officer Stephen Jones talks about maximizing the value of his team.   Full Article 


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