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We just got the Labor Departments read on the weekly jobless claims,and that figure came in at a gain of 25,000 to 584,000 on a seasonally adjusted basis. Bloomberg listed the consensus expectation...
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Starbucks Corporation (NASDAQ:SBUX) has announced to its U.S. employees that it will make the company discretionary match to the 401(k) Savings Plan for the 2009 plan year. In December 2008,...
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One of the concerns analysts have about the nature of second quarter earnings is that they are beating forecasts due to cost cuts and not improvements in revenue. Cost cuts can help margins for a...
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The Labor Department has released its weekly jobless claims data. The number came in slightly better than estimates, but the jobless claims did rise. The gain was 30,000 to 554,000 in the last...
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The weekly jobless claims data is out and we have a second week of coming below that 600,000 mark. The new figure is down 47,000 to a level of 522,000. The reading of 565,000 originally reported...
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There have been many reports today regarding the Thomas Weisel call for more layoffs out of Cisco Systems Inc. (NASDAQ: CSCO), which was never really clear or certain if the layoffs were new or were...
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Cisco Systems, Inc. (NASDAQ: CSCO) may be back to conducting layoffs. A report from Thomas Weisel says that Cisco is in the process of cutting another 1,500 to 2,000 workers as it looks to squeeze...
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The Labor Department has just released its latest round of weekly jobless claims. This was a huge reduction to a level that is finally under 600,000. The number came in at a revised -52,000, down...
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The Labor Department has a slew of data on the employment front this morning. Actually, it is the unemployment front. The data for unemployment in June showed a rate of 9.5%. The bad news comes...
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The ADP national employment report for June is often considered a prelude to the tone of the following day’s real unemployment report from the Labor Department. The ADP report for June is out at...
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This morning came a report from the Conference Board that is the new version of the old “Help Wanted” Index. There is still a gain in online job postings since March of 35,000, but the reading...
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The Labor Department has released its latest data on weekly jobless claims. The figure came in at 627,000, a gain of 15,000. We had a Dow Jones consensus looking for 605,000 and Bloomberg had...
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The New York Times (NYT) and the largest union at The Boston Globe have reached an agreement that will almost certainly keep the paper operating, but that could change sometime next year. The Times...
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Reuters: The head of a Congressional watchdog committee is pushing for a consumer protection agency. Reuters: China defended its export policies against a WTO complaint. Reuters: ...
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There have been hopes, over and over, that the jobs data would get better. Or at least less-bad as we have been discussing for about 3 or 4 months when the data started looking as though it was at...
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