Friday, June 26, 2020

Google Alert - finance

Google
finance
As-it-happens update June 26, 2020
NEWS
Forbes
The Internal Revenue Service has made it easier to withdraw retirement funds early without paying a penalty if you've been negatively affected financially by the coronavirus pandemic. This month, the IRS expanded the list of those who qualify to withdraw or ...
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Reuters
NEW YORK (Reuters) - Shares of U.S. banks dropped on Friday, with Wells Fargo's (WFC.N) stock falling more than 6% and Goldman Sachs Group Inc (GS.N) down 7%, after the Federal Reserve capped dividend payments and barred share buybacks until at ...
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Wall Street Journal
Embattled Chinese coffee chain Luckin Coffee Inc. LK -53.33% said it no longer plans to appeal a decision by the Nasdaq Stock Market to delist its shares, effectively ending its one-year run as a U.S. publicly listed company. Luckin's American Depositary ...
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Wall Street Journal
American Airlines says it will fill its planes completely as passengers start to return to traveling after the coronavirus pandemic decimated demand in recent months. American has been leaving the equivalent of half the middle seats in economy cabins empty to ...
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Motley Fool
Everyone loves a bargain, except investors, who seem to think a falling share price is a reason to sell a stock or avoid adding it to their portfolio. While that's obviously not true of everyone, since value investors look for good businesses that have been beaten ...
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The New York Times
Financial companies led a sharp slide for stocks on Wall Street Friday after the Federal Reserve ordered many of the nation's biggest banks to suspend buybacks of their stock and cap dividend payments for several months. The S&P 500 was down 1.8%, ...
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Business Wire (press release)
LONDON--(BUSINESS WIRE)--Technavio has been monitoring the intravenous fluid bags market and it is poised to grow by USD 667.51 mn during 2020-2024, progressing at a CAGR of over 6% during the forecast period. The report offers an up-to-date ...
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Forbes
A new wave of criticism over skin lightening products—especially popular in Africa, Asia and the Middle East—has led major companies like L'Oreal and Unilever to reassess creams, cleansers and masks that promote whiter skin, though their recent ...
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Forbes
A change in French law and a global pandemic have accelerated Danone's pursuit of a stakeholder-driven business structure that aligns social and environmental benefit with the bottom line. Earlier today at its annual general meeting, Danone's board ...
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Washington Post
Here's an all-American lineup of five "great value" wines, all under $20, to enjoy during your July 4 cookouts. We have three stellar rosés from California's Paso Robles, New York's Finger Lakes and Oregon plus two rich, juicy reds to match with your burgers ...
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The New York Times
LONDON/NEW YORK — Customers of several British digital finance companies were unable to make payments or access their money on Friday after the collapse of German payments firm Wirecard caused disruption across borders. Wirecard's implosion on ...
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Brewbound.com
Dixie Brewery owner Gayle Benson announced the company will change the name of the New Orleans-based craft brewery to one that does not reference the Confederacy. The new name has yet to be selected. "With inclusive input from all of our community ...
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TheStreet
On its first day of trading, Agora is being granted a valuation even higher than that of larger rival Twilio (TWLO) - Get Report. Agora, which like Twilio provides programming interfaces (APIs) that let developers add voice, video and messaging features to their ...
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Washington Post
Microsoft is dramatically shrinking its in-person retail business and will close all but four of its brick-and-mortar locations, redirecting consumers in search of an Xbox or service to its online store. Support our journalism. Subscribe today. ″Our team has proven ...
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Baltimore Sun
A rapid testing site that aims to deliver results about the coronavirus in 30 minutes or less has opened at Baltimore's Mondawmin Mall, officials said Friday. Health care providers from MinuteClinic, the division of CVS Health that administers retail services, will ...
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Reuters
WASHINGTON (Reuters) - Four major automakers will not take a position on legal challenges to the Trump administration's decision in March to dramatically weaken Obama-era fuel economy standards but want to weigh in on any court fix, according to a ...
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Mining MX
June 26 (Reuters) - Petra Diamonds has put itself or parts of its business up for sale, the Africa-focussed miner said on Friday, as part of a review the company began in March after being hammered by lacklustre demand and prices for the precious gem.
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Chicago Tribune
We have lifted the paywall on this story. To support essential reporting, please consider becoming a subscriber. Tubers prepare to float the Comal River despite the recent spike in COVID-19 cases, Thursday, June 25, 2020, in New Braunfels, Texas.
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Minneapolis Star Tribune
Apogee Enterprises managed to eke out a first-quarter profit despite significant coronavirus-related challenges, including an outbreak at one of its factories, markets that nearly dried up and furloughs of some of its workers. "We navigated our way through a ...
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Reno Gazette Journal
The Federal Trade Commission is requiring Eldorado Resorts to sell two of its properties — including the Montbleu Resort Casino & Spa at Lake Tahoe — to gain approval of its merger with Caesars Entertainment. The FTC is requiring the sale of Montbleu as ...
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Barron's
Bernstein analyst Douglas Harned downgraded Boeing and Airbus, the only two makers of large jets, because a solution to the Covid-19 pandemic isn't coming soon enough. "We have seen potential for a recovery from Covid-19 as dependent on a medical ...
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WRAL.com
By ARNO PEDRAM, Associated Press. PARIS — Twenty-nine environmental activists were arrested Friday after breaking onto a runway of Paris' Orly Airport to protest plane emissions — just hours after the airport reopened for the first time since the virus ...
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Fox Business
Press release: Darien Center -- In anticipation of safely reopening at the appropriately deemed time, and following the direction outlined by civic leaders, State Officials, health professionals, epidemiologists, and industry experts around the world, Six Flags ...
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The Guardian
Another three cases of coronavirus have been confirmed at a meat processing factory in the Midlands. Tulip Ltd confirmed on Friday that three employees, including two from the same household, had tested positive after a fresh batch of tests were carried out ...
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Nashville Business Journal
Franklin-based Community Health Systems Inc. has agreed to sell its 480-bed Bayfront Health St. Petersburg hospital in St. Petersburg, Florida, to Orlando Health, according to a news release. Terms of the deal were not disclosed. The transaction is expected ...
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Salamanca Press
NEW YORK, June 26, 2020 /PRNewswire/ -- Oscar, the first direct-to-consumer health insurance company, announces today that it has closed a $225 million funding round. The round positions Oscar to continue growth off of a $2 billion revenue base and ...
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The Guardian
Marks and Spencer and Next are competing to take control of the UK arm of the lingerie brand Victoria's Secret. The US brand put its British division, which has 25 stores and employs more than 800 people, into administration earlier this month after a stormy ...
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KDRV
Mastercard and Visa are reconsidering whether to allow Wirecard to continue processing payments on their networks, following the fintech company's... Posted: Jun 26, 2020 3:53 AM. Posted By: CNN. AddThis Sharing Buttons. Share to Facebook Share to ...
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Economic Times
Mumbai: A rally in IT, bank stocks and index heavyweight Reliance Industries (RIL) helped the 30-pack Sensex snap its two-day losing streak and end higher on Friday, with firm world equities lending support. However, another record surge in domestic ...
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The Globe and Mail
A merger between Fiat Chrysler and Peugeot maker PSA to create the world's fourth largest carmaker is the best way for the two companies to weather the coronavirus crisis, the Italian-American group's chairman said on Friday. Echoing similar comments ...
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Hindustan Times
Mumbai, Jun 26 () Mercedes-Benz cars in the country with advanced multimedia infotainment system, MBUX, will now come loaded with MapmyIndia COVID-19 guide, which will help the users in getting all information related to the pandemic on a real-time ...
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The Indian Express
Petrol price in Delhi was hiked to Rs 80.13 per litre from Rs 79.92 while diesel rates were increased to Rs 80.19 a litre from Rs 80.02. By: PTI | New Delhi | Published: June 26, 2020 10:51:33 am. Next. diesel price today, diesel price in delhi, diesel costlier ...
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Financial News
IT services firm Redcentric has been criticised by the regulator for misstating its debt and asset positions, which led to an artificially inflated share price between 2015 and 2016 and about £43m in losses for affected shareholders. The Harrogate-based firm, ...
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WTVB News
(Reuters) - PG&E Corp has raised about $5.5 billion from a share offering and sale of equity units as the biggest U.S. power provider by customers looks to emerge from Chapter 11 bankruptcy next week. The company sold just over 423 million shares at $9.50 ...
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TechRadar
The UK government is prepared to invest as much as £500 million in beleaguered satellite firm OneWeb as it seeks to create a global satellite navigation system after Brexit. British firms have been excluded from the EU's Galileo project, which is building a ...
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The Mandarin
When Australia's Prime Minister Scott Morrison fronted a hastily convened media pack on a cold midwinter Canberra morning on the 19th June, it became clear in seconds that Australia's national cyber security alert level had just shifted up a gear. Flanked by ...
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PRNewswire
No, this is not an April Fools' joke - Your favorite casino wants to move away from handling money and go instead to a cashless system. Many insiders believe this is precisely the time to do it now that the industry is already undergoing dramatic changes as ...
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Northeast Indiana Public Radio
By The Associated Press FORT WAYNE — An Amazon delivery station is planned to help speed up deliveries to customers in northeastern Indiana's Allen County. Amazon Logistics said in a news release that the facility is expected to create hundreds of ...
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