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U.S. Morning Call: Modest improvement seen in jobs report

Thursday, July 05, 2012 - 02:19

July 6 - 69,000 jobs added in May but it's likely not enough to budge the 8.2% unemployment rate.

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It's all about jobs this Friday morning the Labor Department report on June nonfarm payrolls out at 830. Estimate in the Reuters poll just nine. Thousand up from 69000. Inmate. Thomson Reuters IFR markets a bit optimistic looking for a gain of 105000. With all of it coming from the private sector. The unemployment rate predicted to remain at eight point 2%. Dow and NASDAQ. And S&P 500 stock index futures down slightly ahead of the reports they closed flat to lower Thursday. And then there were TU. The other CEO search is down to continue candidates. Are telling murdered the top job should go to either in terms CEO -- letter sent. Who had led the company since may. Actually achieved Jason he car. Either way it means the focus will remain on media contact Kris. Is court chief digital officer and former AOL CEO Jonathan Miller took himself out of the writing. Shares of Yahoo! roughly flat over the past year up slightly in Levinson took over. Close to sixty billion dollars in assets have switched hands within the US brokerage industry this year that according to a Reuters study. Industry sources saying the moves are bigger than those historically seen. Veteran financial advisors leaving their firms because of growing frustrations about their -- -- I'm concerned about fees they have to charge clients. Well other about the overall health of the -- America's Merrill Lynch and Morgan Stanley Smith Barney seeing some of the biggest of actions. While Wells Fargo and UBS have had more success and retain top talent. Stocks to watch this morning included Seagate Technology. Electronic storage device maker issuing a revenue warning after the bell Thursday. And KKR. The buyout firm paying more than 700 million dollars or German cutlery. And copy machines maker W. After -- called this Friday you can follow us on Twitter Reuters Insider and please check out our -- YouTube TV channel at borders dot com. Slash writers TV I'm -- mom this is -- yours.

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U.S. Morning Call: Modest improvement seen in jobs report

Thursday, July 05, 2012 - 02:19