The Ticker

U.S. adds only 130,000 jobs in October

The 16-day government shutdown hurt job growth in the private sector this month with only 130,000 jobs added, a drop of 15,000 from September, according to ADP's National Employment Report.

Service industries added the most jobs, but still fewer than last month at 107,000 compared with 130,000 in September. Trade, transportation, and utilities businesses had the biggest October job growth within the service sector.

El Pinto sues Ocean Spray

El Pinto Foods, an affiliate of a 50-year-old Albuquerque, N.M., restaurant, has brought a lawsuit in U.S. District Court alleging that Ocean Spray Cranberries breached a three-year contract under which El Pinto would manufacture Ocean Spray Cranberry Salsa and Cranberry Relish.

Facebook earnings beat expectations

Facebook's third quarter results highlighted how the company is increasingly monetizing its network better.

The company reported third quarter new income of $425 million, or 17 cents a share, on revenue of $2.02 billion, up 60 percent from $1.26 billion a year ago. Non-GAAP earnings for the third quarter were 25 cents a share. Wall Street was expecting Facebook to report non-GAAP third quarter earnings of 19 cents a share on revenue of $1.91 billion.

Starbucks profit up 34 percent

Starbucks says its profit rose 34 percent in the quarter, as the coffee chain used its loyalty program to get customers to visit more often and spend more on revamped sandwiches and other food.

The Seattle-based company said global sales rose 7 percent at cafes open at least a year, including an 8 percent rise in both the U.S. and Asia. In the region encompassing Europe, the Middle East and Africa, where the company has struggled, the figure rose 2 percent.

TODAY

• Labor Department releases weekly jobless claims.
• Freddie Mac, the mortgage company, releases weekly mortgage rates.

TOMORROW

• Institute for Supply Management releases its manufacturing index for October.
• Automakers release vehicle sales for October.

THE SHUFFLE

• Boston law firm Murphy & King announced that Andrew M. Jacobs, left, has joined the firm as a litigation associate in the firm's business litigation practice. Jacobs concentrates his practice on commercial litigation matters.
• Goodwin Proctor announced that Mark J. Lochiatto has been made partner. Lochiatto advises real estate investment mana-
gers, real estate funds and other institutional investors.

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