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iPhone Prices Are Down 10%. That Opens A $133B Opportunity For Apple Barclays analyst Tim Long is worried about Apple, saying that the average selling price of iPhones is dropping. However, that's entirely in line with Apple's strategy of increasing services revenue, and opens up a $50 billion opportunity for the company.
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How the stock market ends the year is now up to President Trump, investors say It's all coming down to President Donald Trump and the China trade war if the market can close out the year with gains, according to Wall Street strategists and investors. Trump has been repeatedly touting stock gains and blaming selloffs on the Federal ...
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Innerwear Slump Hits Hanesbrands There was a lot of good news nestled into Hanesbrands' (NYSE:HBI) third-quarter report: Revenue beat expectations, Champion sales soared, and the full-year guidance was raised. But there was a significant piece of bad news as well: The core innerwear ...
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A Former Juul Executive Claims the Company Knowingly Sold Tainted or Old Products to Customers and Retailers A former top Juul executive alleged in a lawsuit filed Tuesday that the company knowingly sold tainted or old products to customers and retailers. He describes several instances in which he says he expressed concerns about the quality of the products being ...
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Bristol-Myers warns IO blockbuster Opdivo will be 'under pressure' in 2020 With Eliquis on the rise, is the future looking grim for Bristol-Myers Squibb's I-O med Opdivo? (Bristol-Myers Squibb). Share Facebook Twitter LinkedIn Email Print. Bristol-Myers Squibb's Opdivo had been riding high even amid intense competition, particularly ...
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Warren Buffett-backed Kraft Heinz leaps after 3rd-quarter results signal turnaround Kraft Heinz jumped as much as 11.8% in early Tuesday trading after beating analyst estimates for third-quarter profit. The company is in the midst of a turnaround after performance declined in recent quarters. CEO Miguel Patricio joined Kraft in July and is ...
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World Wrestling Entertainment Gets Pinned After Weaker-Than-Expected Revenue Shares of World Wrestling Entertainment (WWE - Get Report) plummeted after the company reported lower-than-expected revenue for the third quarter and reduced its 2019 earnings guidance. Net income slid to $5.8 million, or 6 cents a share, from $33.6 ...
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Marathon Petroleum to Spin Off Retail Unit, CEO Retires Marathon Petroleum Corp. buckled under pressure from activist investors and announced the spinoff of its retail fuel-station business and the departure of Chairman and Chief Executive Officer Gary Heminger, a four-decade company veteran, who'll retire next ...
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Salmonella scare sparks hummus recall A salmonella scare has sparked the recall of hummus stocked in a wide range of supermarkets. The recall is for 17 products at chains such as Aldi, Morrisons, Lidl, Asda and Sainsbury's. It also applies to a Nando's branded product. The products have use-by ...
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John Schnatter: Without me in charge, 'morale is at an all-time low' at Papa John's The financial stability of Papa John's and the quality of its pizza have worsened in recent months, according to John Schnatter. That's because he no longer leads his namesake company that he founded in 1984 and built into the nation's third-largest pizza ...
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The Keystone Pipeline Spilled Oil (Again) Pipelines were made for transporting oil. But some, it appears, were made for leaking. The Keystone Pipeline System is one of those. The system runs more than 2,600 miles from Canada and into Nebraska where it splits. And on Tuesday night, it began to ...
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These fast food chains get an 'F' for antibiotics use in beef supply These fast food chains get an "F" for antibiotic use in their beef supplies. Continue Reading Below. Arby's, Burger King, Sonic, Panda Express and Applebee's are just some of the 15 restaurants that got a failing grade on the annual Chain Reaction Antibiotics ...
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Boeing supplier Spirit buys wing factory for Airbus jets Bombardier agreed to sell a wing factory in Northern Ireland and two other facilities to Spirit AeroSystems Holdings for $500 million and the assumption of certain liabilities. The Belfast operation, which incorporates technology from Puget Sound companies ...
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Halloween freebies, deals and spooky specials at McDonald's, Krispy Kreme, and others Trick-or-treaters can get a lot more than free candy this Halloween. A Halloween costume also is the ticket to a smorgasbord of free and cheap meal deals and goodies for kids of all ages at restaurants nationwide. In some cases, a costume or purchase isn't ...
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UK's business rates system 'broken' says Treasury committee The business rates system is broken and the government must undertake an urgent review to find alternatives, an influential committee of MPs has said. The Treasury committee said business rates in England and Wales were high, complex and placed an ...
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Increased network investment at BT hits profits Profits and revenues at BT fell during the first half of 2019 as the company increased its investment in fibre infrastructure and continued its ongoing restructure. Revenues fell by two per cent to £11.4 billion, with the company attributing the drop to regulatory ...
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Canada's GDP gains less than expected in August OTTAWA — Canada's economy gained 0.1 per cent in August thanks to a rebound in manufacturing and an uptick in services-producing industries, Statistics Canada data showed on Thursday. Analysts in a Reuters poll had predicted an increase of 0.2 per ...
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Freaking Out About Retirement? Do These 4 Things Now Take a deep breath before panicking about planning for your future. There are simple steps for millennials to take today. None None. Motley Fool Staff. Oct 31, 2019 at 10:35AM. Actor Tony Goldwyn said, "people are pretty chill and respectful on Twitter.
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