Various investors and strategists react to the decision of the Federal Reserve. On Wednesday, The Federal Reserve had extended support for the slowing economy of the US.
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Apollo and Cooper Tire decide on tentative arrangement for merger
Apollo and Cooper Tire decided on a tentative agreement with trial to begin on Tuesday. NDTV Profits reported that a tentative agreement with workers of United Steelworkers union and Cooper Tire & Rubber Co was reached.
Walmart’s holiday deals released early in anticipation of customer demands
Walmart decided to offer its holiday deals early in anticipation for holiday shopping season. According to a Reuters reports, retailers in the US faced the shortest holiday in the past few years to prepare for customers' demands.
Latvia still faces unemployment following the entry of Euro
Entry of the Euro in Latvia had not made any positive effect on the country's economy. On January 1, Latvia had adopted the Euro, which would hopefully encourage lower costs for borrowing and investments.
October nonfarm payrolls to number at 100,000 - Moody's Analytics
Mark Zandi of Moody’s Analytics predicted that US nonfarm payrolls to be 100,000 and an unemployment rate to increase.
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A Reuters report said Merck & Co would be bringing back Zilmax to the US and Canadian markets after completing its audit.
Disagreements slowed down talks about the USD 13 billion settlement of JPMorgan Chase & Co and the US Department of Justice, sources told Reuters.
Reuters reported that the use of FIRREA in the Department of Justice's case against Bank of America could change the relationship between Wall Street and the government regulator.
On Reuters Instant View, analysts gave their take on Apple's disappointing quarterly sales. In Apple Inc's recently released quarterly results, it was able to sell 33.
Discussions for the formation of a grand coalition government in Germany had already begun. Talks had begun in Germany for a grand coalition government to be put in place by Christmas.
With the labor market down, private sector employers in the US had hired fewer workers for the past six months.
Greece’s growing tech scene has aided in the recovery of the country’s economy. According to a Reuters column article, Greece suffered an unemployment rate of 27.
A Reuters report said analysts did not see the US Federal Reserve making any dramatic policy changes any time soon.
Mobile advertising revenues would play a huge role in Facebook's continued favor with investors, a Reuters report said.
