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U.S. markets news

Don't fret a Fed rate hike?
The Federal Reserve's first interest rate hike in nearly a decade could boost stocks, at least initially, a study says. (AP Photo/J.
Unemployment rate falls to 5.1 percent, but Americans are not finding pay ...  Washington Post (blog)
US jobless rate drops sharply  Irish Times
Wall Street Journal (blog)  
Energy Company Emera Plans to Buy Teco Energy for $6.48B
Canadian energy and services company Emera said Friday it will buy Teco Energy, an electric and gas utility that does business in Florida and New Mexico, for about $6.48 billion.
Emera Makes $6.5 Billion Bet on U.S. Power Markets in Teco Deal  Bloomberg
Emera to purchase TECO Energy, energy company, for $10.4B US  CBC.ca
UPDATE 2-ISS urges shareholders vote to strip BofA CEO Moynihan of chairman title
(Adds bank comment, details from ISS report, investor views, byline). By Ross Kerber. BOSTON, Sept 4 (Reuters) - Proxy adviser Institutional Shareholder Services on Friday recommended Bank of America Corp shareholders vote to strip Chief Executive ...
ISS Opposes Bank of America Proposal Allowing Board to Combine Chairman, CEO  Wall Street Journal
Another advisory firm opposes BofA chairman move  Charlotte Observer
A Few Thoughts On The BlackBerry-Good Technology Deal
Good Technology, a long-time IPO candidate with reams of public financial data, was snapped up by BlackBerry this morning for $425 million.
Bits | BlackBerry to Buy Good Technology, Getting Deeper Into Security  New York Times (blog)
BlackBerry Drops $425M to Try to Lure Corporate Clients Back  WIRED
Shrugging Off Market Turmoil, Gas Prices Extend Slide
HOUSTON - Despite the recent tumult in global stock and energy markets, American travelers can count on bargains at the pump this Labor Day weekend, with prices for gasoline at their lowest levels in 11 years.
Gas prices fall as Labor Day approaches  Los Angeles Times
Gas prices at record low for Labor Day weekend  New York Daily News
Eyes on China data, rate meetings
LONDON China's battered stock markets reopen on Monday after a two-day public holiday and before a monthly data dump that could reinforce fears of a hard landing, rattling the global economy.
U.S. stocks drop as jobs report makes Fed decision unclear  Newsday
China's Black Monday in numbers  The Star Online
Jobs growth points to economic resurgence in third quarter
Canada's economy created more jobs than anticipated in August, boosting hopes that the third quarter will return to growth following a technical recession in the first half of the year.
Canada adds jobs in August, but unemployment rate rises  Business Recorder (press release) (blog)
Economy surprises with gain of 12000 jobs in August  Hamilton Spectator
Domhnal Slattery set for €30.8m windfall
Avolon chief executive Domhnal Slattery is set to pocket €30.8m from the sale of the company to China's Bohai Leasing for €2.23bn yesterday.
Avolon to be Acquired by Bohai for $7.6 Billion, Complements Bohai's ...  Franchise Herald
Bohai Leasing agrees to acquire Avolon  eTurboNews
McDonald's All-Day Breakfast Could Crack Egg Prices
The incredible, edible egg may be about to add a new descriptive term: Incredibly expensive. The price of eggs, which have already risen this year because of an outbreak of bird flu, may be set to rise again, thanks to McDonald's (MCD) decision to roll ...
McDonald's Revival of All-Day Breakfast Will Worsen the Egg Shortage  Delish
McDonald's Finally Caves: All-Day Breakfast Is Coming Nationwide This Fall  Jewocity.com (press release) (blog)
Fiat Chrysler recalling 7810 Jeep Renegades for hacking risk
Late Friday, Fiat Chrysler Automobiles (FCA) announced that they are conducting a voluntary recall of 7,810 2015 Jeep Renegades equipped with 6.5-inch touchscreen radios for a hacking vulnerability.
Fiat Chrysler US to recall 7810 SUVs to prevent hacking  STLtoday.com
2nd cyberhacking recall issued for FCA vehicles  The Detroit News