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U.S. markets news

Verizon, unions reach four-year labor contract
Verizon and striking unions have reached a four-year contract and employees will likely return to work next week, labor and union officials say.
Verizon Strike May Depress U.S. Jobs Report, Labor Data Show  Bloomberg
Verizon and Unions Reach Accord to End Strike, US Says  New York Times
Reuters  
Why a Fed interest rate hike next month is looking increasingly likely
With the economy's prospects brightening after a bleak winter, Federal Reserve policymakers are increasingly signaling they are ready to nudge up a key interest rate next month.
Dollar Rallies Most Since 2014 as Fed's Yellen Sees Higher Rates  Bloomberg
Janet Yellen says Fed could raise rates in coming months  Washington Post
US First-Quarter GDP Growth Revised Higher; Corporate Profits Rose
WASHINGTON—The U.S. economy's first-quarter slowdown was less pronounced than initially thought, and recent data have pointed to a pickup for growth this spring.
US economy picking up steam—beyond the official data  CNBC
US economic growth revised higher in first quarter  Yahoo News
Whatever Is Actually Going On at Viacom, Investors Seem to Like It
Chairman and CEO Philippe Dauman appears to have lost his grip on the company. An aging billionaire clinging to power at a massive entertainment conglomerate, accusations of manipulation by his daughter—from whom he was recently estranged—and ...
Sumner Redstone to put shareholders first in deciding fate of board, CEO  Reuters
Mario Gabelli: Here's what Viacom really needs, besides boardroom peace  CNBC
Unemployment inches higher in Chicago metro area
The Chicago metro area's unemployment rate inched up in April to 6.5 percent, marking the fifth consecutive month of increases.
Metro Atlanta's unemployment rate declines  Atlanta Business Chronicle
April jobless rates decline in metro Albany, Southwest Georgia  The Albany Herald
Thermo Fisher Acquisition of FEI Brings "Terrific Complementarity" While FEI ...
Thermo Fisher will pay a 14% premium for the microscope manufacturer, which according to TheStreet's Jim Cramer is an excessive purchase price.
Thermo Fisher to Buy Microscope-Maker FEI for $4.2 Billion  Bloomberg
Fitch Affirms Ratings on Thermo Fisher (TMO) Amid Move to Acquire FEI Co. (FEIC)  StreetInsider.com
Cramer on Ulta Salon's Beautiful Q1 Results
Jim Cramer says that "the better the cellphone screen, the higher the resolution, the stronger Ulta's results will be." Armie Lee.
Wall Street is blown away by this red-hot retailer  Yahoo Finance
Why Ulta Salon, Cosmetics & Fragrance Stock Soared Today  Motley Fool
How Analysts Rated Royal Dutch Shell Plc (LON:RDSB) Last Week?
Out of 23 analysts covering Royal Dutch Shell (LON:RDSB), 22 rate it a “Buy”, 2 “Sell”, while 5 “Hold”. This means 76% are positive.
Royal Dutch Shell Stock Price Update Today (RDS.A) - May 27, 2016  Money Morning
long twilight of the big oil companies  Financial Times
Big Lots: A Growth Play I Want You To Know About
Q1 earnings are out and the name looks to be back on its growth path. 11% of the float has been reduced, comps are strong and the name may finally be more than a trader's stock.
Big Lots, Inc. (NYSE:BIG) Closes At $44.66  Enterprise Leader
Big Lots Posts Solid Win on Earnings  24/7 Wall St.
Politics|US Consumer Sentiment Up in May to Highest in Nearly a Year
WASHINGTON - Americans turned more optimistic about the economy in May than the previous month, buoyed by steady hiring and higher incomes.
Consumer sentiment increased less than forecast in May  Chicago Tribune
Consumer sentiment inches up in May  CNBC