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Uptown Normal Projects Continue to Boost Local Economy By Clip Syndicate A recent study by Good Jobs First says Normal is helping to revitalize the construction industry. ...Read More »
US Stocks Are Mixed In Midday Trading By Clip Syndicate U.S. stocks drifted in Thursday trading as a parade of big companies turn in quarterly results. The Dow Jones industrial average climbed more than 100 points, almost entirely thanks to a strong gain for Visa, the Dow's highest-priced stock. The Standard & Poor's 500 index picked up five points, or 0.3 percent, to 1,988 as of 12:10 p.m. Eastern time. The Nasdaq composite fell four points, a fraction of a percent, to 4,545.

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Starbucks Americas Sales Weaker Than Expected By Clip Syndicate Starbucks on Thursday reported sales at established cafes in its U.S.-dominated Americas region that missed Wall Street expectations in the latest quarter, despite the early return of the popular Pumpkin Spice latte. Sales at Americas-region Starbucks cafes open at least 13 months rose 5 percent for the fiscal fourth-quarter ended Sept. 28, less than the 6.2 percent gain analysts expected. The Americas region contributes the majority of Starbucks revenue. ...Read More »
Comcast To U.S. Senator: No Plans To Create Internet 'fast Lanes' By Clip Syndicate The top U.S. cable and broadband provider reassured the U.S. Senate Judiciary Committee chairman in a recent letter, Comcast Corp has no plans to create "fast lanes" for any Internet websites or applications. Senator Patrick Leahy last week wrote to top Internet service providers, asking them to pledge to reject so-called paid prioritization deals, in which content companies would pay ISPs to ensure smooth and fast delivery of their traffic. ...Read More »
Thursday Sector Leaders: Education & Training Services, Packaging & Containers By Clip Syndicate In trading on Thursday, education & training services shares were relative leaders, up on the day by about 1.9%. Leading the group were shares of Grand Canyon Education (LOPE), up about 13.1% and shares of Strayer Education (STRA) up about 12.3% on the day. ...Read More »
Thursday Sector Laggards: Precious Metals, Oil & Gas Exploration & Production Stocks By Clip Syndicate In trading on Thursday, precious metals shares were relative laggards, down on the day by about 4.6%. Helping drag down the group were shares of Yamana Gold (AUY), off about 13.4% and shares of Iamgold (IAG) off about 12.5% on the day. ...Read More »
Dow Movers: XOM By Clip Syndicate In early trading on Thursday, shares of Visa (V) topped the list of the day's best performing Dow Jones Industrial Average components, trading up 8.2%. Year to date, Visa registers a 4.3% gain. ...Read More »
Wal-Mart To Close 30 Underperforming Stores In Japan, Take Charge By Clip Syndicate Wal-Mart said on Thursday it would close 30 underperforming stores in Japan, scaling back in what was once considered one of the retailer's most promising markets and highlighting the hurdles it faces to securing growth overseas. Wal-Mart said the 30 stores operate under the Seiyu brand, and the closure is part of a revamp that will include remodels and other investments. ...Read More »
Alibaba Plays Trademark Card To Protect Lead As China's $8 Billion E-commerce Spree Nears By Clip Syndicate A trademark spat between Chinese e-commerce giant Alibaba Group and rival JD.com flared into public view after JD published an Alibaba letter urging publishers to be careful about advertising in promotions for China's annual "Singles' Day" spree, the world's largest online shopping day. In the letter, dated Oct. 16 and published on Thursday on a JD social media account, Alibaba's Tmall.com marketplace warned Chinese publishers against running ads with the "Double Eleven" motif that are not official Alibaba promotions.

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U.S. Jobless Claims Rise, But Underlying Labor Market Trends Firming By Clip Syndicate The number of Americans filing new claims for unemployment benefits rose for a second straight week last week, but remained at levels consistent with a firming labor market. The Labor Department said on Thursday, initial claims for state unemployment benefits increased 3,000 to a seasonally adjusted 287,000 for the week ended Oct. 25. A Labor Department analyst said there were no special factors influencing the state level data. ...Read More »

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