| | | GE stock drops as profit misses, CEO cuts forecast | | | (Reuters) - General Electric Co's third-quarter profit missed Wall Street estimates by a wide margin on Friday and the industrial conglomerate slashed its earnings forecast, sending the year's worst-performing Dow stock down another 6 percent. |
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| | | Futures up after Senate clears a hurdle to tax cuts | | | (Reuters) - U.S. stock index futures edged higher on Friday after the Senate cleared a budget blueprint, taking the Trump administration a step closer to fulfilling its promise of lowering taxes to stimulate growth. |
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| | | Schlumberger warns of moderating North American activity | | | (Reuters) - Schlumberger Ltd posted a bigger quarterly profit on Friday as its North American business continues to be helped by strong shale drilling, but the oilfield services giant said that investments in the region was moderating. |
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| | | Low pay, no bonus: U.S. retailers struggle with hiring | | | (Reuters) - U.S. retailers are finding it increasingly difficult to hire employees for stores and for middle and higher management as low pay and a feeling of uncertainty clouds the industry following a spate of bankruptcies and store closures. |
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| | | U.S. tax reform move boosts dollar, stocks, bond yields | | | LONDON (Reuters) - European stocks, the dollar and bond yields climbed on Friday as investors speculated on the return of the "Trumpflation trade", after the U.S. Senate approved a budget blueprint that paves the way for tax cuts. |
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