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Newspaper
The Gaston Gazette
Location
Gastonia, North Carolina, United States of America
Date
May 07, 2016
Page
6
Square Inc shares fell 2.83 to 10.22 after a larger than expected first quarter loss. PerkinElmer Inc rose 3.47 to 54.23 on solid first quarter results and raised annual guidance.
A large wildfire in central Canada, a major oil region, pushed crude prices higher with U S benchmark futures posting a gain to about 44.66 dollars a barrel in New York after a earlier dip. Canada remains the top crude and natural gas supplier to the United States, exporting roughly 100 million barrels of crude and 240 billion cubic feet of gas monthly.
Sueddeutsche Zeitung says it received a manifesto from the Panama offshore leak source dubbed John Doe. The paper began publishing leaked documents over a year, detailing alleged injustices and offshore dealings, while noting other outlets shared the material. Herbalife shares rose after news of a federal probe settlement talks and pyramid scheme allegations.
Trump proposes financing growth by borrowing and offering to buy back U S bonds at a discount if the economy collapses. Experts warn this would spike interest rates, tighten confidence, and threaten the U S credit reputation. Analysts cite historical contrasts and warn creditors would demand higher yields.
LinkedIn states its Talent Solutions unit accounted for 65 percent of first quarter revenue, up from 62 percent a year earlier, as it diversifies with new ad products and services. The firm posted a loss in all but one of the last nine quarters due to heavy stock-based compensation and intends to curb that expense this year.
Summary of local stock listings noting dividend statuses with footnotes a through dd. Includes guidance on extra dividends, annual rates, last 12 months figures, arrears, stock dividends, and closed end fund P/E implications.
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