Separately, the core PCE Price Index increased 0.1% in July (Briefing.com consensus +0.1%), showing a year-over-year increase of 1.6%. Read More The inflation data failed to convince investors that more than one fed funds rate hike is warranted this year. The implied probability of a rate hike at the September meeting ticked down to 30.0%, slipping from Friday's 33.0% likelihood. Fed funds futures were on the rise last week following somewhat hawkish remarks from the Jackson Hole Symposium. Fed Chair Yellen stated that the case for a rate hike had strengthened in recent months while Fed Vice Chair Fischer said that more than one rate hike could take place before the end of 2016. In company specific news, Micron (MU 16.84, +0.33) has gained 2.0% after Stifel raised its target price on the stock to $18 from $15. The firm noted that it sees trends indicating an equilibrium between supply and demand in memory markets. Square (SQ 11.86, -0.18) has slipped 1.5% in pre-market trade following a downgrade to "Neutral" from "Buy" at BTIG research. 9:17 am On The Wires (:WIRES) : The Boards of Directors of Banc of California (BANC) and Banc of California, National Association have appointed Albert J. Wang as the Principal Accounting Officer of the co and the Bank, effective September 1, 2016. Mr.
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There a few things that remain the same no matter what you study at Marshall: the importance of hard work, the value of helping others, and the idea that a goal or a dream can be achieved, no matter how big, even the size of a bus, said Matt Jarvis, student body president. Rogner, an alumna who now works for Intuit in Mountain View, California, visited the campus for the presentation. She noted that the new stops were advantageous to the university and Huntington communities alike, allowing students a way downtown and beyond, and allowing residents easier access to university events. Whether students realize it or not, clothes shops through this bus, we have helped online shopping sites for clothes with the goal of making Marshall University and the City of Huntington one ecosystem, Rogner said. Our city and its people can now truly become one herd. This is great for Marshall University, said Steve Williams, mayor of Huntington. This is incredible for the City of Huntington. TTA CEO Paul Davis said the newly created partnership with Marshall will mean more independence for students, not only for classes, but for access to health care, shopping and more. Many students, like my sons who both attended Marshall, have part-time jobs, Davis said. This creates unbelievable opportunities for students to get part-time employment in the entire Tri-State area. They will be able to not only ride this bus, swipe their cards and essentially ride for free, but the entire system is available now to Marshall. The bus runs from 7:30 a.m. to midnight Monday through Thursday, 7:30 p.m. to 3 a.m.