Monday, July 27, 2020

Google Alert - finance

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finance
As-it-happens update July 27, 2020
NEWS
AppleInsider
Investment bank JP Morgan has raised its AAPL price target to $425 on Apple's long-term upside as its near-term performance "surprises" investors. In a note to investors seen by AppleInsider, lead analyst Samik Chatterjee says that analysts looking for ...
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The New York Times
Sundar Pichai, chief executive of Google's parent company Alphabet, told employees Monday that they would not be expected back in the office until mid-2021. The company's work force, which has been working remotely since March, had previously been ...
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Motley Fool
There's a big shift taking shape in the precious-metals market, but silver investors don't seem to be complaining. Reuben Gregg Brewer. (TMFReubenGBrewer). Jul 27, 2020 at 11:49AM. Author Bio. Reuben Gregg Brewer believes dividends are a window into ...
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Business Today
Oil futures moved lower Monday as traders watch efforts in Washington to craft another round of rescue spending and assess the continued spread of COVID-19, even as a persistent slide in the U.S. dollar helped to limit losses for prices. "Marginal losses are ...
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Forbes
Biodesign startup Geltor has raised a $91.3 million series B funding, led by alternative protein investor CPT Capital with significant commitment from WTT Investment Ltd., to expand its ingredients-as-a-service platform globally. Returning investors in this ...
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The New York Times
The number of people flying today is down about 75 percent from a year ago. And in the fight to attract those few passengers who remain, airlines have promoted their health and safety policies. Delta Air Lines has tried to stake a claim as one of the most ...
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Forbes
Buried in a post on Target's website is the latest example of how this holiday season will be very different, with the bullseye retailer joining rival Walmart in announcing plans to be closed on Thanksgiving Day, a reversal of the year-ago pattern when retailers ...
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Motley Fool
Warren Buffett has said he wouldn't invest in Tesla. On top of that, the Berkshire Hathaway boss's right-hand man once claimed that Elon Musk "may overestimate himself." Musk, for his part, admitted back in May that he's "not the biggest fan" of Buffett.
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Forbes
Under Armour shares stumbled Monday after the company disclosed it received a Wells Notice signaling that the U.S. Securities and Exchange Commission (SEC) is planning to bring an enforcement action against the company regarding its 2017 ...
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Forbes
Why didn't coronavirus sink America into a depression? The answer can be summed up in two words, and it's not "stimulus checks." As you know, lockdowns have wrecked restaurants, hotels, and airlines. But millions of Americans who can do their jobs from ...
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CNBC
Check out the companies making headlines midday Monday: Biogen — A Morgan Stanley analyst upgraded the biopharma company to overweight from underweight and predicted a 30% rally in the stock over the next 12 months. The analyst expects Wall ...
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Motley Fool
While other airlines must focus on minimizing their short-term losses, Southwest is laser-focused on expanding its long-term competitive advantage. Adam Levine-Weinberg. (TMFGemHunter). Jul 27, 2020 at 11:05AM. Author Bio. Adam Levine-Weinberg is a ...
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Forbes
Unveiled at last year's Geneva Motor Show, the "Baby Bugatti II" kids' car was created as part of the brand's 110th anniversary celebration. Starting at around $35,000 and topping out at a whopping $68,000, it was developed in partnership with The Little Car ...
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News18
Google misled consumers with its 2016 privacy changes, which allowed the company to combine data about people's "anonymous" web-browsing activity with their personally identifiable data, regulators in Australia alleged Monday. The company "failed to ...
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Motley Fool
Passengers and cruise lines can't wait to hit the open waters again, but convincing one important group to go back will be harder than you think. Rick Munarriz. (TMFBreakerRick). Jul 27, 2020 at 11:50AM. Author Bio. Since 1995, Rick has been writing for The ...
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MarketWatch
A closely followed gauge of the U.S. dollar fell to a two-year low Monday, as the currency lost ground to major rivals. The ICE U.S. Dollar Index DXY, -0.86% , which tracks the greenback against a basket of six major rivals, was down 0.7% at 93.807, after ...
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CNET
Could a second stimulus check bring more relief money than the first? Less? The same amount? Sarah Tew/CNET. When Senate Republicans reveal the outlines of their CARES 2 proposal today, it will include a second stimulus check with payments up to ...
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Reuters UK
PARIS, July 27 (Reuters) - French airport operator ADP said it swung to a 543 million-euro ($638 million) first-half net loss as the coronavirus crippled air travel, warning that a return to pre-crisis traffic levels could take as long as seven years. Revenue for ...
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Business Insider
Elon Musk told The New York Times he thinks he had COVID-19 in January. Because of the possible coronavirus case, the Tesla CEO now wears a mask when at the company's factory. In the interview, Musk doubled down on false claims implying that young ...
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WANE
A woman leg lifts at Planet Fitness in the Columbia Mall on July 24, 2017 in Bloomsburg, Pennsylvania. Mall space is being repurposed as more department store chains close stores that have traditionally served as "anchors" at malls. The Planet Fitness now ...
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Reuters
PARIS/MILAN (Reuters) - LVMH, the world's biggest luxury goods group, said comparable sales in the second quarter had plunged by 38% due to the fallout from the coronavirus pandemic, though the Louis Vuitton owner noted a recovery that has gathered ...
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MarketWatch
Shares of American Airlines Group Inc. AAL, -0.62% surged 3.3% in premarket trading Monday, after Raymond James analyst Savanthi Syth backed away from her bearish stance on the air carrier, citing a more balanced risk-reward scenario following the ...
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WPLG Local 10
MIAMI-DADE COUNTY, Fla. – A new coronavirus testing site opened Monday at Tropical Park in Miami-Dade County. Mayor Carlos Gimenez held a news conference at the new location Monday morning and said the site has the capacity to test 1,100 people ...
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Nasdaq
Says union VC did 'u-turn'. 85% of all Ryanair pilots accept deal. DUBLIN, July 27 (Reuters) - Ryanair RYA.I on Monday said it may reconsider plans to close bases at three Germany airports after pilots over the weekend dropped their opposition to a deal that ...
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Economic Times
Mumbai: Private lender Kotak Mahindra Bank reported a 8.5 per cent decline in net profit for the quarter ended June amid deteriorating asset quality, and said the extent to which Covid-19 pandemic will impact the bank's operations and financial results is ...
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newstalk870.am
The United States Bankruptcy Court for the Eastern District of Virginia granted Ascena its first-day motions related to its July 23 Chapter 11 petitions, including the closure of "1,100 underperforming brick-and-mortar store locations," according to an Ascena ...
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Salina Post
WICHITA — Right now, the American Red Cross has an emergency shortage of convalescent plasma, a potentially lifesaving treatment for patients with COVID-19. The Red Cross has seen demand for convalescent plasma more than double over the last ...
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NJBIZ
Mack-Cali Realty Corp. on Monday said MaryAnne Gilmartin was appointed interim chief executive officer, effective immediately, succeeding Michael DeMarco who in June committed to resigning during talks with activist investor Bow Street. The Mack-Cali ...
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The Times and Democrat
In general, using as little of your credit card limits as possible is better for your score. So logic would suggest that paying off your credit cards early so that a zero balance is reported to the credit bureaus would produce the highest scores, right? Turns out ...
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Telecompetitor
PLANO, Texas, July 27, 2020 /PRNewswire/ -- Customers continue to need higher throughputs and lower latency. To meet those needs, U.S. Cellular (NYSE: USM) has chosen Ericsson (NASDAQ: ERIC) to provide 24, 28 and 39 GHz millimeter wave ...
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The Independent
Renewable energy is on course to become the cheapest kind of power to produce in the UK, meaning household electricity bills could fall if savings are passed on to consumers. In the past, government subsidies for energy projects have pushed energy bills ...
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PRNewswire
BALTIMORE (AP) _ Legg Mason Inc. (LM) on Monday reported fiscal first-quarter earnings of $49.4 million. The Baltimore-based company said it had profit of 54 cents per share. Earnings, adjusted for one-time gains and costs, came to 71 cents per share.
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WDRB
(FOX NEWS) -- An aluminum can shortage has reportedly started to impact the beer industry. This has prompted some brewers to scale back on the variety of brands being sold. Molson Coors, Brooklyn Brewery, and Karl Strauss have moved production away ...
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The Globe and Mail
The Canadian dollar strengthened against its U.S. counterpart on Monday, approaching a six-week high notched last week, as the greenback added to its recent decline against a basket of major currencies. The U.S. dollar fell to its lowest since June 2018 as ...
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Simple Flying
In an announcement today, TAP Air Portugal has confirmed that it plans to increase operations in September to around 40% of pre-coronavirus levels. The Portuguese national carrier aims to operate 700 round trips per week throughout September, ...
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WPVI-TV
ATLANTIC CITY, New Jersey (WPVI) -- Atlantic City's Borgata Hotel Casino & Spa opened Sunday at 10 a.m. for their grand reopening. Earlier this week, the casino held a soft reopening. Guests can expect many new safety precautions, including temperature ...
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GQ India
Whisky is whisky is whisky. In London, Paris, New York or even a suburban Mumbai household,. Whisky is whisky is whisky. Its potent allure is inescapable. Especially with the number of home-grown brands rising in the country and millennials taking an ...
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The Sydney Morning Herald
Soon after Rob Adams took on the top job at Perpetual less than two years ago he made it clear that a major leg of his strategy to resurrect the fortunes of the financial services group would be to buy its way out. Traditionally, buying earnings carries plenty of ...
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Stockhouse
With the price of gold soaring even higher to rise above $1,940 per ounce on Monday, Golden Star Resources Ltd. (TSX: GSC) announced on Monday that it has entered into a binding agreement to sell its 90% interest in its Bogoso-Prestea Gold Mine in ...
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Pipeline News North
EDMONTON — Suncor Energy Inc. is facing seven environmental charges for an incident alleged to have occurred two years ago at its refinery in Stratchona county, Alberta. The Alberta government says in a news release the company faces five charges for ...
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Verdict Foodservice
Sign up here for GlobalData's free bi-weekly Covid-19 report on the latest information your industry needs to know. McDonald's will be making it mandatory for customers to wear face coverings at the US restaurants as new Covid-19 cases continue to surge in ...
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Pittsburgh Post-Gazette
Highmark Health and subsidiary Allegheny Health Network cut the ribbon Monday on a $78 million cancer center at Allegheny General Hospital. The 90,000-square-foot cancer center at the North Side hospital is the centerpiece of Highmark's big expansion ...
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