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Why Western Digital Stock Plunged Today Shares of Western Digital (NASDAQ:WDC) have plunged today, down by 15% as of 12:30 p.m. EDT, after the company reported fiscal first-quarter earnings. The results beat expectations, but the data storage technology specialist said its CEO would be ...
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How to conquer your financial fears (and prepare for Black Friday) Are you afraid to even think about checking your credit score? Or do you just need some help sorting through the pre-Black Friday chaos? The experts at NerdWallet have answers. Win big on Black Friday by buying this — and not that.
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JC Penney creates the store of its wishes in Hurst, settles on using it as a lab J.C. Penney chief executive officer Jill Soltau has a ways to go to get the Plano-based retailer out of the trouble it's been in for a long time. But she has ideas as big as her own closet, which she describes as overflowing with new clothes that she's been buying ...
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Why AK Steel Stock Dropped 12% Today Shares of AK Steel (NYSE:AKS) closed down 11.6% on Thursday, one day after the company disappointed investors with its Q3 2019 earnings report. Expected by analysts to report $0.04 per share in profit on sales of $1.65 billion, AK instead reported only ...
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Facebook Financial-Services Ads Accused of Male Bias in Lawsuit Facebook Inc. was sued over claims that tailored advertising for financial services on the social media network discriminates against its older and female users who might be interested in products such as mortgages, personal loans and insurance. The lawsuit ...
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Vaping mistake: Altria to take $4.5 billion writedown on Juul New York (CNN Business) Marlboro owner Altria's big gamble on vaping is not panning out as well as hoped. The cigarette giant announced Thursday it was taking a $4.5 billion writedown on its investment in Juul. Altria (MO) invested $12.8 billion for a 35% ...
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Varcoe: Encana's founding CEO laments company's 'disturbing' southward shift It should not come as a shock that Encana Corp. is uprooting its corporate flag and moving its headquarters to the United States. It certainly didn't catch Gwyn Morgan off guard. The founding CEO of the major Calgary-based petroleum producer, who retired in ...
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Australian aluminium smelters 'not sustainable' due to high power costs, Rio Tinto says Mining giant Rio Tinto says its Australian Aluminium smelters, which employ more than 2,600 workers, are not sustainable at current power prices. The company runs three smelters in Australia, which are under financial pressure due to the high price of ...
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Forever 21 at Valley River Center listed to close A clothing store popular with teens and young adults may be closing its doors at Valley River Center. Forever 21, which recently filed for Chapter 11 bankruptcy protection, filed a list Tuesday of 178 stores the company plans to close as part of its bankruptcy.
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Crain's Headlines: Lobbying Activities of Exelon, ComEd Under Investigation The Securities and Exchange Commission has opened an investigation of Exelon and ComEd's lobbying activities. The U.S. attorney's office in Chicago also is probing the lobbying practices of the two companies in Illinois.
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Strong winds cause damage, power outages across Northeast Ohio Strong winds caused trees to fall and power outages across Northeast Ohio on Thursday evening. FirstEnergy reported thousands of outages across Northeast Ohio due to storm damage and heavy winds. More than 6,000 customers are experiencing outages ...
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