Private-sector employment increased by 213,000 from August to September, on a seasonally adjusted basis.
Small businesses (1-49 employees) +88,000
Medium businesses (50-499 employees) +48,000
Large businesses (500 or more employees) +77,000
Jobless Claims falls 8K to 287K
Initial Jobless Claims: -8K to 287K vs. 297K consensus, 295K prior revised. (293K prior).
Continuing Claims -45K to 2.40M
Hurray and Hip Hip. Heard the news while watching my dogs having their breakfast ... Look at the revisions.
In addition to August's upward revision of 38K jobs, July's job gain was revised higher by 31K.
The average workweek edged up by 0.1 hour to 34.6 hours. Average hourly earnings of $24.53 actually fell by one penny in September, and are up 2% Y/Y.
Helping the headline unemployment rate fall to 5.9% from 6.1%, the labor force participation rate slipped to 62.7% from 62.8%. One year ago it was 63.2%.
The broader U-6 unemployment rate fell to 11.8% from 12%. One year ago it was 13.6%.
Previously: Unemployment rate falls to 5.9%
True ,,, other than tax liability as Europe is working to tag on taxes on those with Ireland headquarters and US to follow suit after the election:
3 days ago - European Union regulators said they believe that tax deals granted to Apple in Ireland and Fiat in Luxembourg constitute illegal state support ...
Warren Buffet told everyone he was buying stock on Wed when the market crashed and before yesterday's U-turn ... the old guy is good.
GDP looking better despite of euro zone econ molasses.
While the Institute for Supply Management’s non-manufacturing index fell to 58.6 from the prior month’s 59.6, the third-quarter average was the highest since the first three months of 2004, a report from the Tempe, Arizona-based group showed today. Readings above 50 signal expansion.
Clearly the 10,000 jobs moved into the above 54 group which moved into the massive above 62 group etc.
betty, at 6% UE, there is still slag in the job market. You are right that unusual number of youngsters elected to go to school or remain sucking at parent's teats. No doubt many without college degrees or with degrees below 3.0GPA and not a top university in communications, political science, medieval history, commerical arts, ethnic studies, Anthropology, social science, Archeology, guitar picking, ... acting ... French Lit ...
Only with cause ... there are reports of children NOW .. ban flights and close the borders from:
Enterovirus may also be linked to a small number of cases of a mysterious neurologic illness seen in Colorado, Boston and Michigan. Doctors in Colorado spotted it first -- a group of 10 children hospitalized with limb weakness, cranial nerve dysfunction and abnormalities in their spinal gray matter.
Wait, close the borders from 42 states:
NEW: 500 people in 42 states have respiratory illnesses caused by enterovirus D68; NEW: Rhode Island official says girl, 10, died from sepsis
Whoa! Forget the states, quarantine these towns:
Sep 2, 2014 - Lung cancer statistics from CDC. ... 156,953 people in the United States died from lung cancer, including 86,736 men and 70,217 women.
A 2013 review of studies in the Journal of Patient Safety suggested medical errors cause somewhere between 210,000 and 400,000 deaths each year in the U.S. In a landmark report (PDF) 15 years ago, the Institute of Medicine put the number between 44,000 and 98,000. Even the lower estimate would mean medical errors kill more Americans than car accidents do. The moment when one clinician turns over care of a patient to another is particularly hazardous, says Marty Makary, a Johns Hopkins surgeon who has written on hospital safety. “The most dangerous procedure in American emergency rooms is a patient handoff,” Makary says. Breakdowns in communication during patient handoffs “are endemic in American health care,” he says.
Should have done the split/spin-off as Leo Potsticker had told the board a few years back. Better late than never.
Again, the perpetual one time annual recurring non-recurring charges that only counted in managements non-gaap bin,
REASONS TO VOTE AGAINST THE PROPOSED MERGER (C
The following is a summary of what we believe to be the consequences of the
proposed merger. T...
HP’S BUSINESS PORTFOLIO WILL BE WORSE. T...
HP’S STRATEGIC POSITION WILL NOT MATERIALLY IMPROVE. ...
THE INTEGRATION RISK OF THE PROPOSED MERGER IS SUBSTANTIAL. ....
THE FINANCIAL IMPACT ON HP STOCKHOLDERS HAS BEEN AND WILL BE NEGATIVE.
From the date the proposed merger was announced through December 26, 2001,
HP stockholders have lost $13.8 billion relative to an index of comparable
companies. The market has twice made resoundingly clear that this
combination destroys value for HP stockholders—once when HP’s stock price
dramatically declined after the proposed merger was announced and again
when HP’s stock price dramatically increased after we made our opposition
to the proposed merger public. In addition, the dramatic reduction in the
earnings outlook for Compaq since the announcement of the proposed merger
means that HP stockholders are getting too little of the combined company
relative to HP’s contribution to earnings. It also transforms what HP’s
management claims to be an accretive deal into one that may be dilutive on
any realistic assessment of revenue loss. Further, when compared to a
standalone HP, the combined company represents a weaker credit with
greater equity risk and a higher cost of capital.
HP is a great company. It is currently profitable when many other IT
companies are losing money. HP has the market-leading position in the very
attractive imaging and printing market, a great consumer brand name, a strong
reputation with enterprise customers, and a prodigious source of innovation in
5K to 10K depending on the initial target which has gone up every few quarters since Carly had sneaded into the corner office:
H-P roundup: Job cuts, debt, M&A, commentary
H-P (HPQ +4.7%) has used its breakup announcement to state it now plans to cut 55K jobs through its ongoing restructuring. That's up from the 45K-50K announced in May, which itself was an increase from a prior target of 34K.
36K jobs have been cut through the program thus far. Headcount was at 317K as of last year.
H-P has also suggested much of its debt load ($19.8B at the end of July) will fall on its PC/printer unit (HP, Inc.), and that doing so will allow its enterprise IT ops (Hewlett-Packard Enterprise) to make bigger investments. Moody's and S&P have put the IT giant's debt on watch for a downgrade.
porked_at_hp • Oct 24, 2003 8:35 PM
HP should spin off its PC business
What brilliant moron of a company, would pay $40 Billion, for the PC and Enterprise Server Divisions, when they know its proven money loser business. Or perhaps could they find someone else to buy COMPUKE for $20 Billion.
OH I forgot, COMPUKE was only worth $2 Billion after you balanced the cash and the debt, they had.
absolutely has no plans to spin off any
by nano_nanu2u •Jun 14, 2005 4:11 PM
p0ndr • Jun 14, 2005 4:19 PM
can you read and understand that which you read? That an hp spokesman said hp "absolutely has no plans to spin off anything at this time" doesn't mean anything but that it doesn't have any plans, at this time, to spin-off anything. Did the statement address the potential of selling the unit? No, it didn't, so it really didn't tell you anything "aboslutely," of future plans. You don't know anything more than the rest of us here, including the morons like the duke of urol, who tries, but fails, to teach us anything about absolutes.