MARKETS: US: Stocks open lower after report China’s exports fell more than expected; Dow down 120 points at 18,024 after briefly falling below 18,000 earlier – @AceFinanceNews

#AceFinanceNews – Oct.13: European stocks end day lower after mining sector slips 3% on China data – CNBC

http://cnb.cx/2e8qwYJ

The Dow Jones Industrial Average is down 120 points, at 18,024; earlier, it briefly dropped below the 18,000 mark and hit its lowest level since July.07:2016

http://on.mktw.net/2dPaByF

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US: Weekly jobless claims total 246,000 for week ending Oct. 8, the lowest level since 1973 – Bloomberg – @AceFinanceNews

#AceFinanceNews – Oct.13: US weekly jobless claims total 246,000 for week ending Oct. 8, the lowest level since 1973 – Bloomberg

http://bloom.bg/2eagUYe

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MARKETS: Deutsche Bank alerts all managers of hiring freeze over cost cutting overhaul as shares fall again – @AceNewsServices

#AceFinanceNews – Oct.13: Deutsche Bank alerts managers to hiring freeze as it seeks to cut costs amid overhaul, source says – Reutershttp://reut.rs/2ejEGpK

Deutsche Bank shares fall again as hiring freeze implemented – Bloomberg http://bloom.bg/2ejDFh9

Editors Notes:

I would remind you that this blog is produced free for the public good and you are welcome to republish or re-use this article or any other material freely anywhere without requesting further permission.

News & Views welcome always published as long as NO bad language or is not related to subject matter.

To keep online information secure, experts recommend keeping your social media accounts private, changing your passwords often, and never answering unsolicited emails or phone calls asking for your personal information. Need help and guidance visit https://acepchelp.wordpress.com and leave a comment or send a private message on Telegram @Aceone31

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BRITAIN: BBC to cut 300 jobs in its production department in company-wide restructuring, director Mark Linsey said – City A.M – @AceFinanceNews

#AceFinanceNews – Oct.13: BBC to cut 300 jobs in its production department in company-wide restructuring, director Mark Linsey said – City A.M.

http://bit.ly/2ejss05

Editors Notes:

I would remind you that this blog is produced free for the public good and you are welcome to republish or re-use this article or any other material freely anywhere without requesting further permission.

News & Views welcome always published as long as NO bad language or is not related to subject matter.

To keep online information secure, experts recommend keeping your social media accounts private, changing your passwords often, and never answering unsolicited emails or phone calls asking for your personal information. Need help and guidance visit https://acepchelp.wordpress.com and leave a comment or send a private message on Telegram @Aceone31

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US: John Stumpf to retire immediately to be replaced by Timothy Sloan as Wells Fargo CEO in wake of sales scandal, source tells Wall Street Journal as shares reacted by rising 2% on the news – @AceFinanceNews

#AceFinanceNews – Oct.13: Wall Street Journal: Wells Fargo CEO John Stumpf to retire as chairman and chief executive, effective immediately
http://on.wsj.com/2eaeppS

John Stumpf to be replaced by Timothy Sloan as Wells Fargo CEO in wake of sales scandal, source tells Wall Street Journal
http://on.wsj.com/2eadN3H

Wells Fargo shares jump 2% on Dow Jones report that CEO Stumpf will leave the company immediately cnbc.com/2016/10/12/wel

NiO-i0bJ_normal.png CNBC Now (@CNBCnow)
12/10/2016, 22:02
BREAKING: Wells Fargo shares jump 2% on Dow Jones report that CEO Stumpf will leave the company immediately cnbc.com/2016/10/12/wel… pic.twitter.com/uDhxpSUpau

Editors Notes:

I would remind you that this blog is produced free for the public good and you are welcome to republish or re-use this article or any other material freely anywhere without requesting further permission.

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To keep online information secure, experts recommend keeping your social media accounts private, changing your passwords often, and never answering unsolicited emails or phone calls asking for your personal information. Need help and guidance visit https://acepchelp.wordpress.com and leave a comment or send a private message on Telegram @Aceone31

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#stumpf

MARKETS: ASIA: Asian markets down on China trade data, talk of US rate hike; Nikkei off 0.52%, KOSPI down 0.62%, HK down 1.18%, Shanghai up 0.03%, ASX down 0.70% – AFP, Google Finance and China’s exports down 10% in September in largest fall since February – @AceFinanceNews

#AceFinanceNews – Oct.13: China’s exports down 10% last month in biggest drop since February; imports off 1.9% – AP

http://bit.ly/2d8NCgx

Asian markets down on China trade data, talk of US rate hike; Nikkei off 0.52%, KOSPI down 0.62%, HK down 1.18%, Shanghai up 0.03%, ASX down 0.70% – AFP, Google Finance – http://f24.my/2d8Omm5

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