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Showing posts from November 5, 2014

Bits | The Business of Technology - November 5, 2014:

Wednesday, November 5, 2014 For the latest updates, go to » Morning Report Verizon Under Fire for Ad-Targeting Program   |   Google and Facebook are not the only companies tracking your online activities to customize ads. Verizon Wireless has recently come under fire from privacy advocates for running a similar program on its cellular network,  Brian X. Chen reports . Verizon quietly started its ad-targeting program two years ago and this year teamed up with other data management and advertising companies. Late last month, Jacob Hoffman-Andrews of the Electronic Frontier Foundation noticed the program and sounded the alarm. "Verizon users might want to start looking for another provider," he wrote in  a blog post on Monday  about the program, which involves injecting a header containing a unique, anonymous identifier into a Verizon Wireless user's request for a web page. "Indeed, while we're concerned about Verizon's own u

U.S. Stock Market Future Indications - November 5, 2014: U.S. stocks: Futures rise; private sector adds 230,000 jobs | MarketWatch.

By Anora Mahmudova Reporter   Barbara Kollmeyer Markets reporter NEW YORK (MarketWatch) — Wall Street was poised for a stronger start on Wednesday, with stock futures gaining after Republicans retook control of the Senate after a string of midterm election victories on Tuesday. It’s a power shift that sees the GOP holding majorities in both Houses of Congress, which some argue portends, perhaps, less political gridlock and a more pro-business tone. Stock futures extended gains after data from ADP showed the private sector added 230,000 jobs last month, exceeding consensus forecasts.It is the sixth month in seven that private-sector hiring has topped 200,000. Futures for the Dow Jones Industrial Average

RTTNews Forex Market Update - November 5, 2014.

Economic News India's Private Sector Growth Weakest In 5 Months India's private sector activity expanded at the weakest pace in five months in October, data published by Markit Economics showed Wednesday . ( Nov 5, 2014 ) Full Article Eurozone Composite PMI Rises Less Than Estimate The Eurozone private sector expanded slightly less than initially estimated in October, final data from Markit Economics showed Wednesday . ( Nov 5, 2014 ) Full Article    U.K. Oct Service Sector Growth Slows To 17-Month Low U.K. service sector growth slowed more than expected to a seventeen-month low in October, survey results from Markit Economics and the Chartered Institute of Purchasing and Supply, or CIPS, showed Wednesday . ( Nov 5, 2014 ) Full Article Eurozone Retail Sales Fall More Than Forecast Eurozone retail sales declined more than expected in September on a notable decrease in non-food product sales, dat

RTTNews Morning Market Briefing - November 5, 2014.

Commentary Stocks May Open Higher On GOP Victory, ADP Data - U.S. Commentary Following the lackluster performances seen in the two previous sessions, stocks are likely to show a strong move to the upside in early trading on Wednesday . The major index futures are currently pointing to a higher open for the markets, with the Dow futures up by 88 points. ( Nov 5, 2014 ) Full Article Economic News New Zealand Unemployment Slips To 5.4% In Q3 The unemployment rate in New Zealand was 5.4 percent in the third quarter of 2014, Statistics New Zealand said on Wednesday . ( Nov 5, 2014 ) Full Article   China Services Sector Growth Eases In October - Markit China's services sector growth slowed from the previous month in October, results of a survey by Markit Economics and HSBC Bank showed Wednesday . The HSBC services business activity index fell to 52.9 in October from 53.5 in September. ( Nov 5, 2014 ) Full Ar

NYT | First Draft on Politics Special Edition - November 5, 2014: Washington Wakes to a Republican Reality.

November 5, 2014 » Special Edition: Washington Wakes to a Republican Reality Thom Tillis greeted supporters after his Senate victory early Wednesday in Charlotte, N.C. Jason Miczek/Reuters November 5, 2014 By Carl Hulse Good Wednesday morning after an Election Day in which Republicans won the Senate, padded their majority in the House and added to their numbers among the nation’s governors. Some sure-thing Democrats were defeated, others were claiming victory in races yet to be officially decided. Here’s what you need to know as a new political day dawns. G.O.P. Rout in the Senate Was Only the Start Republicans have picked up at least seven seats in the Senate, one more than they needed to snatch control from the Democrats. They clinched it with the surprising outcome in North Carol

French government gives green light for GE-Alstom deal: Reuters Deals Today - November 5, 2014:

French government gives green light for GE-Alstom deal PARIS (Reuters) - The French government gave the green light on Wednesday for General Electric's planned 12.4 billion euro ($15.6 billion) purchase of most of Alstom's power business. Virgin Money valued at up to $2.3 billion in revived listing: sources LONDON (Reuters) - UK lender Virgin Money [IPO-VMH.L] will be valued at up to 1.45 billion pounds ($2.3 billion) in its revived London stock market listing, slightly lower than expectations, two sources familiar with the matter said on Wednesday . Kenya's Safaricom, Moneygram sign money transfer deal

Plunging gold price has mining companies selling at a loss: GATA | THE GATA DISPATCH - November 5, 2014.

Plunging gold price has mining companies selling at a loss Submitted by cpowell on  Wednesday, November 5, 2014. Anybody heard a peep from the World Gold Council, or from the miners themselves? * * * Plunging Gold Price Has Mining Companies Selling at Loss By Liezel Hill and Kevin Crowley Bloomberg News Wednesday, November 5, 2014 The latest decline in the price of gold is saddling higher-cost producers with losses on every ounce mined, and pushing others to the brink of slipping into the red. Gold fell to a four-year low of $1,143.76 an ounce today, below production costs for six of 19 mining companies tracked by Bloomberg Intelligence, including Harmony Gold Mining Co., South Africa's third-largest producer, and Primero Mining Corp. Three more producers are within $50 of the figure. "What's developing is almost a two-tier type of market," said John Ing, chief executive officer at brokerage Maison Placements Canada Inc.,

DealBook Today's Top Headlines - November 5, 2014: Wall St. Hopeful After G.O.P. Victory | Regulators Wary of Leveraged Loans | Alibaba Reports Strong Earnings | Creditors Keep Troubled Law Schools Afloat.

Wednesday, November 5, 2014 TODAY'S TOP HEADLINES BY SYDNEY EMBER WALL ST. HOPEFUL AFTER G.O.P. VICTORY Republicans took control of the Senate on Tuesday night and expanded their hold on the House, in a rebuke of President Obama that will reshape the political landscape for his final two years in office, The New York Times writes . Propelled by economic dissatisfaction and anger toward the president, Republicans grabbed Democratic Senate seats in North Carolina, Colorado, Iowa, West Virginia, Arkansas, Montana and South Dakota to gain their first Senate majority since 2006. With at least a nine-seat gain and most likely more, House Republicans will have close to 245 seats, the largest Republican majority since the Truman administration. So what does the G.O.P.'s victory mean for Wall Street? The financial industry is looking to see changes to the corporate tax code, immigration, international trade, energy and health ca