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UPDATE 1-Finance royalty descend on Saudi forum as Aramco listing looms (Recasts, adds colour, quotes). By Stephen Kalin, Davide Barbuscia and Marwa Rashad. RIYADH, Oct 29 (Reuters) - What a difference a year makes. There was standing room only in the expansive halls of Riyadh's Ritz-Carlton hotel on Tuesday as the ...
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Credit Suisse posts profit beat but warns of 'challenging geopolitical environment' Credit Suisse reported higher-than-expected net income for the third quarter of 2019 on Wednesday. The group posted net income of 881 million Swiss francs ($886.9 million), a 108% increase from the 424 million Swiss francs reported for the same period ...
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Beyond Meat's CEO is sick of hearing about his competitors NEW YORK Ethan Brown, the CEO of Beyond Meat Inc., likes to talk about how little attention he pays to the wild gyrations of his company's stock. He's focused on the much longer term, he says, not the minute-by-minute price action. And yet, three months into ...
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QE Is Back in Europe. These Charts Show the Bond Market Winners The European Central Bank is about to start pumping money into bond markets again, after its previous efforts hauled yields down to record lows. At a pace of 20 billion euros ($22 billion) per month from Wednesday, the ECB's latest asset-purchase program ...
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J&J says new tests find no asbestos in same baby powder bottle that sparked recall (Reuters) - Johnson & Johnson (JNJ.N) said on Tuesday that 15 new tests found no asbestos in a bottle of baby powder that the U.S. Food and Drug Administration says tested positive for trace amounts of asbestos, a finding the agency stands by.
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Nexstar Move To Impressions For Ad Sales Could, Finally, Be Harbinger For All Broadcasters Nexstar, the nation's biggest owner of broadcast stations, said it's dumping traditional ratings for a new cost-per-impressions system. That approach, developed with comScore, is designed to capture all the views its shows receive across digital, mobile, ...
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Airbus Struggles to Cash In on Boeing's 737 Max Crisis Airbus SE cut its full-year delivery target and said cash flow will be lower than expected as it struggles to capitalize on the grounding of Boeing Co.'s 737 Max. The European planemaker now expects to hand over about 860 jets this year, down from a previous ...
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6 candy and Charleston craft beer pairings for Halloween, courtesy of a top SC beer expert As a kid growing up in suburban New Jersey, most of my Halloween costumes had to be conspicuously adapted to accommodate the chilly temperatures of a late-fall evening in the Northeast. My Elvis get-up one year included slicked-back hair, a toy guitar, ...
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S&P 500 record: How much higher can US stocks go? London (CNN Business) Happy Tuesday. A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here. The S&P 500 notched a new closing record on Monday, jumping above 3,039 as hopes ...
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Peugeot owner in merger talks with Fiat Chrysler The French owner of the Peugeot and Vauxhall brands is in talks with Fiat Chrysler Automobiles (FCA) pursuing a merger that would create one of the world's biggest carmakers. PSA Group on Wednesday confirmed the existence of the talks, which come only ...
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Fitch says WeWork still in danger despite rescue WeWork has "minimal headroom" to weather management mis-steps or an economic slowdown even after last week's rescue by SoftBank, Fitch Ratings warned on Tuesday, as the co-working company and its biggest backer drew fire from a prominent hedge ...
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Digital Realty to Acquire European Data Center Giant Interxion for $8.4B Digital Realty Trust has agreed to acquire European data center provider Interxion for $8.4 billion in a strategic transaction that will make San Francisco-based Digital Europe's second-largest data center provider, after Equinix. In a stock-swap deal, Interxion ...
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Mattel Earnings: MAT Stock Climbs 14% Higher on Q3 Earnings Beat Mattel (NASDAQ:MAT) earnings for the toy company's third quarter of 2019 have MAT stock soaring in after-hours trading on Tuesday. This comes on its adjusted EPS and revenue of 26 cents and $1.48 billion. Wall Street was looking for MAT to report ...
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Iconic New York steakhouse Peter Luger gets broiled in NYT restaurant review New York (CNN) When it comes to food in New York, you could say there's a lot at stake. And for one of the city's most famous steakhouses, the steak's just the first problem. Once upon a time, Peter Luger Steak House was one of New York's most iconic luxury ...
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British student found dead after going on extreme diet before trip A 20-year-old university student in England was found dead after fasting and taking tablets of apple cider vinegar as dietary supplements to lose weight before an upcoming trip, according to a report. Lindsey Bone, a student at the University of Sussex in ...
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Gatwick airport to tell passengers exactly what order they should board planes Follow orders at the departure gate and you will fly away faster: that is the essence of a new campaign from Gatwick airport, as it begins a trial on how to get everyone on planes more swiftly and less stressfully. The Sussex airport, which is second-largest in ...
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