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Twitter Introduces Fabric, A Toolkit For Developers To Build Apps On Its Platform By Clip Syndicate At Twitter’s Flight conference this morning, Dick Costolo introduced Fabric, a set of APIs aimed at developers to encourage them to build apps and services on top of the Twitter platform. In the build up to introducing the new APIs, Costolo said that Twitter “wanted to approach this not from the perspective of what would be best for Twitter, but what would help developers be most productive. ...Read More »
Amazon Gets More Enterprise-Friendly With Launch Of AWS Directory Service By Clip Syndicate Amazon has been moving into the enterprise world with the launch of corporate I.T.-friendly Fire HD and HDX tablets, its own secure storage service Zocalo, its virtual desktop computing platform WorkSpaces, and not to mention the cloud computing behemoth that is Amazon Web Services. Today, the company is making the combination of on-premise and cloud resources, easier to manage with the launch of the AWS Directory Service. ...Read More »
NYC Subway Breaks Record With More Than 6 Mln Daily Rides By Clip Syndicate Transit officials said on Wednesday that more people rode the New York City subway than ever in September, with the number of trips exceeding a record-breaking 6 million on five separate days over the month. There were 6,106,694 trips on the subway on Sept. 23, the highest number since daily figures were first recorded in 1985, and likely the highest since the late 1940s, when the system had more elevated lines and far fewer people owned cars. ...Read More »
Wednesday Sector Leaders: Sporting Goods & Activities, Music & Electronics Stores By Clip Syndicate In trading on Wednesday, sporting goods & activities shares were relative leaders, up on the day by about 1.4%. Leading the group were shares of Six Flags Entertainment (SIX), up about 12.6% and shares of Cedar Fair (FUN) up about 3.1% on the day. ...Read More »
Wednesday Sector Laggards: Precious Metals, Oil & Gas Exploration & Production Stocks By Clip Syndicate In trading on Wednesday, precious metals shares were relative laggards, down on the day by about 3%. Helping drag down the group were shares of Coeur Mining (CDE), down about 12.4% and shares of Almaden Minerals (AAU) down about 8.2% on the day. ...Read More »
Wednesday 10/22 Insider Buying Report: HBAN, BPFH By Clip Syndicate Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys. ...Read More »
Daily Dividend Report: SPG, MCK, BBT, TROW, STJ, TXT, CNP, BC By Clip Syndicate Simon declared a quarterly common stock dividend of $1.30 per share. This is a year-over-year increase of 8.3%. ...Read More »
AT&T Revenue Rises Less Than Expected By Clip Syndicate AT&T Inc said on Wednesday its quarterly revenue rose but by less than wall street anticipated as a wave of subscribers signed up for equipment financing plans that charge lower service fees. AT&T shares fell 0.9 percent to $33.75 after closing at $34.50 on the New York Stock Exchange. AT&T added 2 million new wireless customers and 785,000 contract subscribers in the quarter. According to Thomson Reuters, 2 U.S. ...Read More »
Oil Skids As Supplies Swell By Clip Syndicate Oil prices resumed their deep downward march on Wednesday, with U.S. crude again nearing $80 a barrel after data showing a second big jump in weekly U.S. crude stockpiles broke a brief period of tentative consolidation. The Energy Information Administration said U.S. crude inventories rose by 7.11 million barrels, more than the 2.7 million-barrel increase analysts had expected. ...Read More »
Expert Says Detroit Bankruptcy Plan Feasible By Clip Syndicate Detroit's plan to get out of bankruptcy is feasible, a court-appointed expert testified Wednesday as the last witness in a historic trial to determine whether the largest city in U.S. history to file for Chapter 9 can get back on its feet. Martha Kopacz, a Boston-based expert who has participated in hundreds of restructurings, expressed confidence that Mayor Mike Duggan and other officials can execute a long-term plan hatched by Detroit's emergency manager. ...Read More »

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