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#PreMarket Primer: Tuesday, October 28: CDC Warns That Involuntary Quarantines Could Discourage Progress On Ebola
Tuesday, October 28, 2014 - 8:00am | 1400After both New York and New Jersey issued mandatory isolation procedures for anyone traveling into the U.S. that has been in contact with Ebola patients, the Centers for Disease Control and Prevention, together with the Obama administration, has released its own, less stringent recommendation....
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#PreMarket Primer: Monday, October 27: ECB Stress Tests In-Line With Expectations
Monday, October 27, 2014 - 8:19am | 1325Over the weekend, the European Central Bank released the results of its stress tests to investors eager to see how the region’s banks would fare in times of economic and financial turbulence. All in all, the results were largely in line with expectations, with only 12 banks failing. Those...
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#PreMarket Primer: Friday, October 24: Ebola Fears Weigh On Markets
Friday, October 24, 2014 - 7:47am | 1288Another case of Ebola in one of America’s largest cities has reignited fears about its spread. Thirty-three-year-old Dr. Craig Spencer contracted the disease while working in West Africa with infected patients through the Doctors Without Borders organization. Spencer was taken into...
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#PreMarket Primer: Thursday, October 23: Shooting At Canadian Parliament Unsettles Markets
Thursday, October 23, 2014 - 7:24am | 1370On Wednesday, a gunman entered Canada’s parliament building and fired shots outside the room where Prime Minister Stephen Harper was speaking. Harper was unharmed, but the gunman shot and killed a Canadian soldier at the nation’s National War Memorial before entering. Reports say...
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#PreMarket Primer: Wednesday, October 22: Johnson & Johnson Develops Ebola Vaccine
Wednesday, October 22, 2014 - 8:13am | 1315Johnson & Johnson (NYSE: JNJ) has developed a vaccine to fight Ebola and will begin testing the drug on humans in January. If the vaccine is deemed safe by health authorities, the company could make 250,000 doses available by May. The vaccine will be the world’s first and is...
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#PreMarket Primer: Tuesday, October 21: China's Third Quarter Growth Disappoints
Tuesday, October 21, 2014 - 7:45am | 1371Data out on Tuesday showed that the Chinese economy grew just 7.3 percent in the third quarter, a sizable drop from the nation’s second quarter growth of 7.5 percent. The figure beat expectations, but still marks China’s slowest quarter of growth since the financial crisis and is...
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#PreMarket Primer: Monday, October 20: Fed To Tread Softly At October Meeting
Monday, October 20, 2014 - 8:05am | 1367With the market already facing bouts of volatility due to worries about the global economy, the U.S. Federal Reserve is likely to tread carefully at its upcoming policy meeting. The U.S. central bank is set to hold its two-day policy meeting on October 28 and 29, where it is largely expected to...
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#PreMarket Primer: Friday, October 17: CDC Under Fire As Ebola Panic Grows
Friday, October 17, 2014 - 7:46am | 1269After a second case of Ebola among nurses working with a Liberian man surfaced, Americans began to worry about the disease spreading across the country. The second nurse, Amber Joy Vinson, took a flight to and from Cleveland while exhibiting symptoms of the disease, something that could have...
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#PreMarket Primer: Thursday, October 16: This Year's Spending Season Could Be Muted
Thursday, October 16, 2014 - 7:40am | 1283Despite months of positive growth, consumer spending faltered in September, falling 0.3 percent. The decline came shortly after a report showed that consumer confidence was also weighing on American shopping preferences. Now with the holiday shopping season on the horizon, many retailers worry...
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#PreMarket Primer: Wednesday, October 15: Falling Oil Prices Threaten Global Stability
Wednesday, October 15, 2014 - 7:49am | 1340Oil prices plunged on Tuesday, posting the largest one-day decline in about two years. The sharp fall was due in large part to the International Energy Agency’s decision to trim its global demand growth forecast for this year and the next amid a growing supply glut. Though demand is...
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#PreMarket Primer: Tuesday, October 14: US Hospitals To Receive More Ebola Training
Tuesday, October 14, 2014 - 7:21am | 1189On Monday, the director of the U.S. Centers for Disease Control and Prevention, Dr. Thomas Frieden, apologized for his remark over the weekend that the 26-year-old Dallas nurse who contracted Ebola had breached protocols. Instead, he said the CDC is working to provide better training in order...
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#PreMarket Primer: Monday, October 13: US Has Second Case Of Ebola
Monday, October 13, 2014 - 7:22am | 1088The Centers for Disease Control and Prevention (CDC) is facing harsh criticism for deeming the infection of a Dallas nurse who’d been caring for an Ebola patient a “protocol breach.” A nurse from Texas Health Presbyterian Hospital Dallas was admitted into isolation on Friday...
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#PreMarket Primer: Friday, October 10: Amazon To Offer Face-To-Face Interaction
Friday, October 10, 2014 - 8:49am | 1178Amazon.com, Inc. (NASDAQ: AMZN) is planning to open a storefront in New York City, a departure from the company’s 20-year history as an Internet-only business. The new store, expected to be opened before the holidays, will be located on West 34th Street and is expected to allow customers...
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#PreMarket Primer: Thursday, October 9: Fed Worries That Waning Global Economy Could Hurt US Progress
Thursday, October 9, 2014 - 7:30am | 1326The Federal Open Market Committee minutes released on Wednesday surprised investors with a dovish tone and an indication that the bank was not planning to raise interest rates any time soon despite improving U.S. economic data. Instead, the U.S. central bank discussed the potential for weak...
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#PreMarket Primer: Wednesday, October 8: IMF Cuts Global Growth Prospects, Puts A Damper On Wall Street
Wednesday, October 8, 2014 - 8:19am | 1300On Tuesday, the International Monetary Fund reduced its global economic growth forecast for the current year for the ninth time in the past three years. The fund reduced this year’s growth expectation to 3.3 percent and also trimmed its 2015 forecast to 3.4 percent, citing slackening...