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LinkedIn shares soared this week after the company released Q1 results that handily beat Wall Street, as talent solutions revenue jumped 41 percent, marketing solutions 29 percent, and premium subscriptions 22 percent. Shares rose more than
U.S. pending home sales rose more than anticipate in March to reach their highest level in almost a year, as an improving labor market and record low borrowing costs continued to fuel demand. According to the National Association of Realtors, pending sales of previously owned homes jumped
Corn exports out of the U.S. climbed 80 percent last week, as supplies tightened and growing conditions in Brazil worsened – causing local officials to call for a reduced forecast of between 5 to 10 million metric tons. U.S. sales rose to a 4-year high of
Oil closed above $46 a barrel for the first time since November as the EIA reported that U.S. crude production fell for the seventh straight week – bringing supplies to stand at an 18-month low. Oil prices rose
The U.S. dollar dropped to a 10-month low this week, as “weaker-than-forecast economic growth supported the Federal Reserve’s decision to keep monitoring data before any further tightening of monetary policy.” The greenback fell
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Despite reporting that Q1 profits topped Wall Street, Twitter shares tanked this week as revenue missed forecasts and the micro blogging site’s Q2 outlook left much to be desired – causing many analysts to cut their price targets. Shares fell
India’s coffee production is expected to plummet to a 19-year low in the coming season, as blossoming takes a hit due to excessively dry conditions. After rising to a record high 350,000 tons last year, output is now projected to decline 30 percent to
Natural gas futures retreated on Thursday after the EIA reported that inventories rose by a larger-than-anticipated 73 billion cubic feet versus forecasts for a build of 70 billion cubic feet. Total supplies now stand at
U.S. economic growth fell sharply in the first quarter– marking its slowest advance in 2 years – as both business and consumer spending softened and a strong U.S. dollar continued to weigh on growth. During the first 3 months of the year, the economy expanded just
Gold prices rallied on Thursday – bringing the metal’s advance for the year to stand at its largest in more than 3 decades – as an unexpected decision by the Bank of Japan stop easing its monetary policy sent the U.S. dollar sliding
Apple shares sank this week after the tech giant reported its first quarterly revenue decline in 13 years, as sales in China plummeted 26 percent. Overall revenue fell 13 percent to $50.6 billion, while net income dropped 22 percent to
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