Despite high tax rates, states like New York and California remain alluring to the wealthy, topping the list of newly created multimillionaires.» Read More
*OPEC keeps production target unchanged. *John Kerry: core sanctions against Iran remain in place despite interim deal.
SAN FRANCISCO, Dec 5- Jobs and career site Glassdoor said it has raised $50 million from a group led by Tiger Global, marking a year where the New York- based investment firm has dramatically stepped up its presence in Silicon Valley.
NEW YORK-- NEWS: Francesca's Holdings said Thursday that its third-quarter net income fell as it hired new field sales leaders and opened more boutiques. NUMBERS: The Houston company said its net income fell to $8.7 million, or 20 cents per share, from $10.8 million, or 24 cents per share.
NEW YORK-- An analyst boosted his rating and price target for Jack in the Box on Thursday, saying its profitability is likely to continue to improve. Wedbush's Nick Setyan lifted Jack in the Box Inc. to "Outperform" from "Neutral" and raised its price target to $60 from $50.
*Fed buys $1.58 billion bonds due 2039 to 2043. NEW YORK, Dec 5- U.S. "The bond market is saying tapering is coming," said Stan Shipley, bond strategist at ISI Group in New York.
Analysts expect India to be a net exporter of sugar in 2013/ 14, selling at least 1.5 million tonnes and possibly more than 2.0 million depending on price movements in coming months. ICE raw sugar futures slipped to three-month lows this week after news that the cane crush in India had begun, signalling more exports.
*Finance minister seeks to slow London property rises. *London prices soaring, forcing locals out of the market. LONDON, Dec 5- Britain will impose a capital gains tax on foreign property investors from 2015 in a bid to allay fears that wealthy foreign buyers are inflating a London- led property bubble which is pricing locals out of the market.
Allergan rose$. 62 or. 6 percent, to $96.54. Baxter International Inc. rose$. 03 or percent, to $66.80. Boston Scientific Corp. rose$. 04 or. 4 percent, to $11.35.
Baxter International Inc. rose$. 03 or percent, to $66.80. Bristol-Myers Squibb Co. rose$. 26 or. 5 percent, to $51.34. Hospira rose $1.76 or 4.4 percent, to $41.97.
Canadian National Railway Co. rose$. 08 or. 1 percent, to $55.72. Canadian Pacific Railway Ltd. fell$. 54 or. 4 percent, to $152.42. Kansas City Southern fell$. 23 or. 2 percent, to $119.75.
Brinker International Inc. fell$. 02 or percent, to $45.91. Chipotle Mexican Grill Inc. rose $2.23 or. 4 percent, to $520.34. Darden Restaurants Inc. rose$. 04 or. 1 percent, to $52.26.
Autozone Inc. rose $5.75 or 1.3 percent, to $461.77. Bed Bath& Beyond Inc. rose$. 42 or. 5 percent, to $77.45. Lowe's Cos. rose$. 15 or. 3 percent, to $47.01.
Hecla Mining Co. fell$. 05 or 1.8 percent, to $2.78. Pan American Silver Corp. fell$. 21 or 2.0 percent, to $10.33. Silver Standard Resources Inc. fell$. 13 or 2.2 percent, to $5.88.
Kelly Services Inc. class A rose$. 07 or. 3 percent, to $23.09. Korn/Ferry International Inc. rose $1.57 or 7.0 percent, to $24.07. ManpowerGroup rose$. 10 or. 1 percent, to $80.21.
Kroger fell$. 55 or 1.3 percent, to $40.97. Safeway fell$. 91 or 2.7 percent, to $33.30. Supervalu fell$. 06 or. 9 percent, to $6.40.
Cigna Corp. fell$. 43 or. 5 percent, to $85.52. Humana Inc. fell$. 02 or percent, to $103.74. UnitedHealth Group fell$. 23 or. 3 percent, to $73.42.
NEW YORK-- Shares of some top telecom companies are down at 10 a.m.:. AT&T Inc. fell$. 37 or 1.1 percent, to $34.23. Verizon Communications Inc. fell$. 77 or 1.6 percent, to $48.60.
Comcast Corp. fell$. 46 or. 9 percent, to $48.42. Walt Disney Co. rose$. 57 or. 8 percent, to $70.54. Gannett fell$. 02 or. 1 percent, to $25.33.
American Electric Power Co. fell$. 26 or. 6 percent, to $46.60. Consolidated Edison Inc. Holding Co. fell$. 34 or. 6 percent, to $55.21. Dominion Resources Inc. fell$. 67 or 1.0 percent, to $63.46.
BP PLC fell$. 24 or. 5 percent, to $46.53. ConocoPhillips fell$. 33 or. 5 percent, to $71.08. Exxon Mobil Corp. fell$. 08 or. 1 percent, to $94.59.