Thursday, January 30, 2020

Google Alert - finance

Google
finance
As-it-happens update January 30, 2020
NEWS
Forbes
Satya Nadella — who took over as CEO from Steve Ballmer six years ago — is the best thing to happen to Microsoft investors since Bill Gates departed as CEO. It took me until April 2018 to figure out why: Nadella created a culture that focused Microsoft on ...
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Wall Street Journal
A U.S. securities regulatory proposal threatens to shake up the market for exchange-traded funds that draw on derivatives to amplify returns, and a top seller of those funds is urging its investors to push back. The Securities and Exchange Commission ...
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MarketWatch
WASHINGTON — The U.S. economy likely maintained a moderate pace of growth in the fourth quarter, and probably again fell short of attaining the Trump administration's coveted but elusive 3% annual growth target because of slumping business investment ...
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Money and Markets
The slacker generation is slacking on preparing for retirement. On Thursday, financial firm Fidelity Investments released its biennial Retirement Savings. Assessment, which looks at how ready Americans are to retire. Overall, the average American saver has ...
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Insurance Journal
(Reuters) - U.S. refineries and petrochemical plants are cutting back on insurance because several years of severe accidents have driven up the cost of coverage, industry and insurance sources said. With less insurance coverage for physical damage and ...
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Reuters
WASHINGTON (Reuters) - U.S. banks would be able to take large ownership stakes in venture capital funds under proposed rules unveiled on Thursday by the Federal Reserve. This video file cannot be played.(Error Code: 102630). The potential rewrite ...
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FiercePharma
U.S. biosimilars are already eating into Roche's sales, as Herceptin and Avastin declined by double-digit percentages in the fourth quarter amid the first copycat launches. (Roche). Share Facebook Twitter LinkedIn Email Print. As biosimilars hit Roche's ...
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Yahoo Finance Australia
BRUSSELS, Jan 30 (Reuters) - The fiscal soundness of Germany, Finland and Austria could be much worse than official statistics show if their guarantees to banks and other ailing business turned bad, data released on Thursday by Eurostat show. The three ...
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Motley Fool
AT&T (NYSE:T) lost another 1.16 million video subscribers in the fourth quarter, bringing its 2019 total to 4.1 million. The company ended the year with 20.4 million subscribers between DirecTV, U-Verse, and AT&T TV Now. The rapid decline in subscribers ...
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CNBC
As a generation, millennials are facing a lot of financial headwinds. But it seems that at least some are starting to gain some ground. Nearly a quarter of the millennial population (defined here as ages 24 to 41) has $100,000 or more in savings, up from the ...
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Financial Express
SEOUL — Samsung Electronics Co is counting on a gradual recovery in memory chip demand from data centers and 5G smartphone makers to help it bounce back in 2020 after sliding to its worst operating profit in four years. But in a guarded outlook, the ...
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Nasdaq
Please stop, Tim Cook. The Apple (NASDAQ: AAPL) CEO continues to provide roundabout disclosures regarding the company's booming wearables business, comparing it to various rankings in the Fortune 500. Translating those comparisons into actual ...
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Washington Post
Mortgage rates continue their slide over concerns about how the worsening coronavirus outbreak will affect the global economy. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average sank to 3.51 percent with an ...
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CNBC
Investors betting against Elon Musk's electric-auto maker Tesla collectively lost more than $1 billion-plus on Thursday as the company's stock rocketed higher after its better-than-expected earnings report. Tesla popped 11.4% to around $650 per share, ...
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Nasdaq
Shares of electric-car maker Tesla (NASDAQ: TSLA) surged to an all-time high on Thursday. As of 10 a.m. EST today, the stock was up 10.2%, putting it at about $640. The stock's gain follows the automaker's strong fourth-quarter results and news that its new ...
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Motley Fool
Shares of United Parcel Service (NYSE:UPS) traded down more than 6% on Thursday morning after the shipping company released year-end results. Fourth-quarter earnings were in line with expectations, but the company failed to deliver on 2020 guidance.
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Financial Times
... * Covers scheme's entire passive equity portfolio * Shell, Repsol included due to their climate goals * FACTBOX on Big Oil's climate targets: [nL8N29B3D7] (Adds detail on the mandate, background, context) By Shadia Nasralla and Simon Jessop LONDON, ...
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The Dallas Morning News
An upcoming government report says Southwest Airlines flew million of passengers on planes with unconfirmed safety records and criticizes the way the local FAA offices handled safety questions at the carrier, according to The Wall Street Journal.
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Motley Fool
Right now, marijuana is a highly politicized industry, one heavily regulated by many governments, including the federal government of the United States. Over the next decade this will dramatically change. We're seeing a tidal shift in marijuana regulations at ...
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CNBC
Allied Pilots Association's Dennis Tajer told CNBC on Thursday that Boeing CEO David Calhoun was too optimistic in his assessment of how pilots view the grounded 737 Max. "We like what we're seeing so far but his exuberance over that is a little premature ...
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CNET
Verizon has added wireless customers at a healthy clip. Michael Brochstein/SOPA Images/LightRocket via Getty Images. Verizon added valuable new wireless customers in the fourth quarter of 2019 as it builds out its 5G network, but weaknesses in other ...
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TheStreet
Shares of Facebook fell sharply after the company reported better-than-expected earnings and mentioned regulatory headwinds on its earnings call. Several analysts advised buying the dip in the stock price. Facebook shares fell 5.7% to $210.59 in morning ...
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Forbes
A decade ago, in the wake of General Motors' bankruptcy reorganization, the Hummer brand represented everything that many people considered was wrong with the automaker leading up to its collapse. Hummers were big, heavy, gas guzzling monsters in ...
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CNN
London (CNN Business) Europe wants one charger to rule them all. The European Parliament on Thursday overwhelmingly passed a resolution calling on the bloc's executive branch to "urgently" force tech companies to use just one type of charger.
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Motley Fool
Polaris Industries (NYSE:PII) was unable to overcome the strong snowmobile sales performance of a year ago, as sales tumbled 10% year over year, but healthy off-road vehicle sales and surprisingly robust Indian Motorcycle sales helped the powersports ...
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Forbes
Norfolk Southern's (NYSE: NSC) intermodal freight, which refers to the shipment of containers that can be moved from one form of transport to another, accounts for over a quarter of Norfolk Southern's total revenue, and it will likely generate $3.1 billion ...
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ZDNet
Live. Patent legal saga: Apple to pay $85 million to Canadian firm WiLan It is a hefty bill but far reduced from $145 million originally awarded. Apple and Broadcom have been ordered to pay $1.1 billion in damages to the California Institute of Technology ...
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TheStreet
Las Vegas Sands (LVS) - Get Report is feeling the pinch in Macau as the coronavirus, which is spreading in China, has severely hurt travel to the world's largest gambling hub. Las Vegas Sands said that visits to Macau casinos were down as much as 80% as ...
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TheStreet
Tesla (TSLA) is the 'Stock of the Day' at Real Money. After the close yesterday the company reported its Q4 numbers. Traders have bid up the stock this morning as they focus on the Non-GAAP EPS of $2.14 which beat estimates by $0.38 (detractors of the ...
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Wall Street Journal
Apollo Global Management Inc. reported a profit in the latest quarter, compared with a loss a year earlier when results were dragged down by investments. The private-equity firm's net income was $166 million, or 68 cents a share. The firm reported a loss of ...
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PRNewswire
Shares of Briggs & Stratton Corp. BGG, -1.58% plunged 16% in premarket trading Thursday, after the maker of gasoline engines for outdoor power equipment said it was suspending its dividend, effective immediately, to help bolster its finances, and reported ...
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Axios
The Energy Information Administration (EIA) released its annual outlook on Wednesday, including projections for a modest overall decline in power sector carbon emissions, with natural gas as the leading source of generation through 2040. The continued ...
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TechCrunch
Bird is rolling out its Bird Two scooters, which the company first unveiled back in August, via Scoot in San Francisco. The scooters were expected to deploy much sooner, with Bird's original announcement saying it would roll out the following week, but it's ...
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Nasdaq
It's no secret that Victoria's Secret has been the reason for L Brands' (NYSE: LB) earnings woes. The company's once-adored lingerie brand has seen revenue dwindle as shoppers turn to rivals that focus more on comfort than glamour. And yet, this month ...
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Financial Times
United Airlines announces further cuts to US-China routes. United Airlines has taken further steps to scale back flights between its US hub cities and Beijing, Shanghai and Hong Kong as fallout from the coronavirus spreads. A second ...
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Patch.com
Astrochef LLC of Rockwall, Texas, is recalling 7,363 pounds of pepperoni stuffed pizza sandwiches after soy was disclosed as ingredient. By Tony Cantu, Patch Staff. Jan 30, 2020 9:05 am CT. Reply. 0. Astrochef LLC of Rockwall, Texas, is recalling 7,363 ...
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The Dallas Morning News
Six Flags has finalized an agreement to move its world headquarters to the old home of its longtime Arlington neighbors the Texas Rangers, according to a release from the company. The company has signed a 15-year lease to occupy the Centerfield Office ...
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Minneapolis Star Tribune
Delta Air Lines, facing mounting pressure from employees who say their uniforms are making them sick, will issue an entirely new garment line for its flight attendants and airport customer service agents by late next year. The Atlanta-based airline promises the ...
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Barron's
Chemical giant DuPont de Nemours reported earnings that met Wall Street expectations. But the 2020 outlook disappointed investors, sending the stock down 3.4% in premarket trading Thursday. DuPont (ticker: DD) earned 95 cents a share from $5.2 billion ...
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mlive.com
GRAND RAPIDS, MI -- Tucked away in an industrial park off of U.S. 131 and Hall Street is a shop with an inviting glass facade that stands out from the other metal-sided tenants. It's at that location, part of the former Benteler Automotive facility, where Grand ...
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Bloomberg
Here's a sure sign that someone besides Tesla Inc. wants to actually sell electric vehicles. Big, old-school carmakers are driving the EVs out from the shadows of backstage and into the spotlight by spending millions to advertise them in the Super Bowl.
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BBC News
The famous British motorbike company Norton Motorcycles has gone into administration. The Leicestershire firm was reportedly struggling to pay a tax bill and faced a winding-up order. Founded in 1898, Norton is one of the last remaining British motorcycle ...
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ClickLancashire
There are 8 different analyst targets contributing to that average for Penn National Gaming Inc, but the average is just that — a mathematical average. There are analysts with lower targets than the average, including one looking for a price of $23.00. And then ...
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MLive.com
LANSING, MI – A lone winner from Florida took home the $396 million Powerball jackpot for the drawing held on Wednesday, Jan. 29. That means the next Powerball drawing on Saturday, Feb. 1 will be worth $40 million with a cash option of $27.9 million.
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Bloomberg
McDonald's is latest global brand to seek out America's neighbor with pilot of Beyond Meat sandwich. By. Sandrine Rastello. January 30, 2020, 3:00 AM PST. Want to Test Fake Meat, Apps or Stores? Head North to Canada. McDonald's is latest global brand ...
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The Energyst
BUFFALO — National Grid has approved an economic development grant totaling $127,000 to offset costs related to an upgrade to three-phase electricity power at McCormick Family Dairy Farm in Alexander. As part of an upgrade, the owners of the farm are ...
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WPIX 11 New York
To the surprise of many, a new study found that chicken wings have been dethroned as the most popular Super Bowl food. AdChoices. ADVERTISING. AdChoices. A study conducted by online marketplace Bid-on-Equipment found that cocktail wieners were ...
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Middletown Press and Journal
More travelers used Harrisburg International Airport in 2019 than in any year before, the airport announced Wednesday. Just more than 1.5 million people flew in and out of HIA last year, 16.8 percent more than in 2018. Prior to 2019, the airport's busiest year ...
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Yahoo Finance
Today we'll take a closer look at Quest Diagnostics Incorporated (NYSE:DGX) from a dividend investor's perspective. Owning a strong business and reinvesting the dividends is widely seen as an attractive way of growing your wealth. Yet sometimes, investors ...
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Simple Flying
South African Airways is set to bring its shiny new Airbus A350 to Europe. Schedules show that SAA's A350 will begin operating the daily service between Johannesburg and Frankfurt from the 2nd February 2020, replacing its A340 on the route.
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