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Futures Mixed Ahead Of Jobless Claims

[ad_1] Dow Jones futures dropped Thursday morning after the Labor Department’s initial unemployment claims. Meanwhile, Rivian stock plunged after the company announced a debt offering. X First-time jobless claims rose to 207,000 vs. 204,000 in the previous week. They were…

Rivian, Tesla, Clorox, BlackBerry, Exxon, and More Stock Market Movers

[ad_1] Text size Rivian said it expects third-quarter sales of between $1.29 billion and $1.33 billion, in line with analysts’ estimates. Courtesy Rivian Stock futures fell Thursday giving up some gains from the previous session that saw the S&P 500…

Oil Extends Plunge as Brent Falls Below $85 on Demand Worries

[ad_1] (Bloomberg) — Oil extended its sharp decline on concerns that a slowdown in global growth will erode consumption. Most Read from Bloomberg The global Brent benchmark fell below $85 for the first time since late August, while West Texas…

French Train Maker Alstom Slumps After Cash Flow Warning

[ad_1] (Bloomberg) — Alstom SA will be “opportunistic” on potential asset sales after a warning on its financial guidance wiped out as much as €3.1 billion ($3.3 billion) of the train maker’s market value. Most Read from Bloomberg “If there…

The German Property Crisis Is Claiming Its First Big Victims

[ad_1] (Bloomberg) — In July this year, Nuremberg’s mayor celebrated the final beam being placed atop the redeveloped Quelle building, a monumental 1950s symbol of postwar Germany’s economic revival. Revamped with offices, shops and homes, a big part of the…

Stocks Rebound, But Still Must Do This; Tesla Races Into Buy Area

[ad_1] Dow Jones futures were little changed overnight, along with S&P 500 futures and Nasdaq futures. X The stock market rebounded Tuesday, led by the Nasdaq as the 10-year Treasury yield backed off 16-year highs. Tesla (TSLA) made a bullish…

AT&T Exploring Options for DirecTV as Pay-TV Subscriptions Continue Decline

[ad_1] (Bloomberg) — AT&T Inc. has begun to explore options for its 70% stake in DirecTV as it approaches the end of an agreement under which it can legally sell its interest in America’s third-largest pay-TV provider. Most Read from…

Only a Stocks Crash Can Rescue the Bond Market, Barclays Says

[ad_1] (Bloomberg) — Global bonds are doomed to keep falling unless a sustained slump in equities revives the appeal of fixed-income assets, according to Barclays Plc. Most Read from Bloomberg “There is no magic level of yields that, when reached,…

Tax Moves to Consider Now Before 2017 Cuts Expire

[ad_1] Tax Moves to Consider Now Before 2017 Cuts Expire [ad_2]

Rivian Tumbles Late On Convertible Debt Offering

[ad_1] Rivian Automotive (RIVN) said late Wednesday it will offer $1.5 billion of convertible debt and disclosed preliminary revenue. RIVN stock tumbled overnight after surging in Wednesday’s session. X The EV startup will sell the green convertible senior notes, with…