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What Is a Stock Split and How Does It Affect Your Portfolio? The stock splits of Apple Inc. AAPL -1.20% and Tesla Inc. TSLA 3.97% take effect Monday. These change the stock price and not much else, but they can be confusing anyway. Stock splits rarely happen these days. Once nearly a given when shares topped ...
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Stock Market Crash? Here Is Why We Are In A Goldilocks Scenario For Stocks Is this a V, U, L, or W-shaped economic recovery? These are the questions that stock traders have been asking since the coronavirus stock market crash. There is no doubt that the stock market has experienced a V-shaped recovery. During this period, there ...
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Moderna Updates: Favorable Data In Older Participants, EU Supply Deal [8/28/2020] Positive Data From Older Adults, E.U Supply Deal. Moderna (NASDAQ: MRNA), a frontrunner in the development of a Covid-19 vaccine, saw its stock rally by close to 10% over the last two days. Below we provide a quick update on some of the ...
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Consumer spending slows in July as economic recovery loses some momentum The numbers: Americans increased spending in July for the third month in a row, but at a much slower pace in a sign that an economic rebound from the coronavirus pandemic lost some steam. Personal spending rose 1.9% last month, the government said ...
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Distributed Energy Helped Fight California's Grid Outages, But It Could Do Much More During last week's heat-wave-driven grid emergency in California, grid operator CAISO and the state's utilities sent out desperate calls to demand response providers, behind-the-meter battery aggregators, electric-vehicle charging providers, microgrid ...
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Stocks making the biggest moves in the premarket: Coca-Cola, Big Lots, Gap, Workday & more Take a look at some of the biggest movers in the premarket: Coca-Cola (KO) – The beverage giant announced a reorganization which will see the current 17-unit business structure changed to nine business units. The realignment will result in an ...
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Winklevoss Brothers Say Bitcoin Could Reach $500K as the 'Only' Long-Term Inflation Hedge Tyler and Cameron Winklevoss, noted internet entrepreneurs and crypto billionaires, believe weakness in the U.S. financial system and other factors mean bitcoin could one day reach $500,000 per coin. In a post on the Winklevoss Capital blog Thursday, the ...
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Improvement in coronavirus mortgage bailout stalls, as more borrowers struggle to make payments As of August 25, 3.9 million homeowners were in mortgage forbearance programs, according to Black Knight, a mortgage technology and analytics firm. This represents 7.4% of all active mortgages and is unchanged from the week before. A reduction of ...
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Railsbank is buying Wirecard Card Solutions, the UK arm of the disgraced fintech Looks like another chapter is opening up for Wirecard, the disgraced fintech out of Germany that collapsed into insolvency earlier this year after facing a huge accounting scandal and subsequently failing to make payments on $1.5 billion in loans coming due.
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Seven Thai airlines seek $770 mln in state support BANGKOK, Aug 28 (Reuters) - Seven Thai airlines are seeking a combined 24 billion baht ($770 million) in low interest loans and other support measures, the government said on Friday, joining carriers across the world in requesting state help to weather the ...
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Amazon orders 1800 electric vans from Mercedes for deliveries Amazon said the order consisted of 1,200 of Mercedes' larger eSprinter models and 600 of its midsized eVito vans. The move is part of Amazon's aim to meet the goals of the Paris climate agreement ahead of schedule. It's not the first big order of electric ...
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Bayer Stock Falls as $11 Billion Roundup Settlement Hits 'Bumps in The Road' Bayer stock slipped close to 3% on Friday, after the German chemicals giant said its proposed $11 billion Roundup settlement had hit "bumps in the road." U.S. District Judge Vince Chhabria threatened to restart litigation against Bayer after it emerged in court ...
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UK Regulator Seeks to Expand Financial Crime Reporting Requirements to More Companies A U.K. regulator is proposing to expand an annual financial crime reporting requirement to a wider set of companies, including cryptocurrency exchanges and custodian wallet providers. The Financial Conduct Authority, in a consultation paper published this ...
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DraftKings Gets Downgrade on Increased Competition and Risk to NFL Season Morgan Stanley analyst Thomas Allen has downgraded DraftKings, the leading pure-play online sports betting company, to Equal Weight from Overweight, citing increased competition, slowing momentum on legalization in several states, and the risk that the ...
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Former engineer pleads guilty to Cisco network damage, causing Webex Teams account chaos Live. Optus, Cisco, and La Trobe and Curtin unis form National Industry Innovation Network. Watch Now. A former Cisco engineer has admitted to illegally accessing Cisco's network and wiping 456 virtual machines as well as causing disruption to over 16,000 ...
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As Abbott Stock Rises on EUA for Antigen Test, Competitors' Shares Take a Hit NEW YORK – Share prices for several diagnostic companies declined sharply on Thursday after Abbott Laboratories and the US Food and Drug Administration announced that the firm had received Emergency Use Authorization for a rapid, low-cost ...
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The Truth About Warren Buffett's Investment In Gold In its latest Form 13F filing, Berkshire Hathaway BRK.B +0.6% had a few surprises. Form 13F must be filed with the Securities and Exchange Commission quarterly by institutional investment managers with at least $100 million in assets under management.
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Cashierless stores are popping up at gas stations, stadiums and even Dunkin' An illustration of a cashierless stadium concession developed by Mastercard and Delaware North. Mastercard. Pretty soon you might find Amazon Go-like concepts just about everywhere. Mastercard on Friday said it's joining the effort to create more of these ...
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Texas bars tired of governor's coronavirus shutdown order to open in protest Saturday Once again, bar owners across Texas feel they have no choice but to oppose the state and reopen. But this time, owners say they'll stay open for good. On Saturday, bar owners across Texas led by Chris Polone, owner of the Rail Club Live in Fort Worth, will ...
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Bangladesh's Beximco in coronavirus vaccine pact with India's Serum Institute DHAKA (Reuters) - One of Bangladesh's largest drugmakers, Beximco Pharmaceuticals, announced on Friday that it will invest with the Serum Institute of India (SII) to ensure Bangladesh gets access to vaccines it is developing for the novel coronavirus.
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Hibbett swings to a profit, sales beat expectations Hibbett Sports Inc. HIBB, +2.17% shares jumped 6.1% in Friday premarket trading after the athletic retailer swung to a fiscal second-quarter profit and reported sales that were well ahead of expectations. Net income totaled $40.4 million, or $2.38 per share, ...
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Chatham County unemployment claims decrease in July The number of Chatham County residents who filed for initial unemployment claims in July compared to June decreased by 5,589 to reach 13,774, according to data released by the Georgia Department of Labor on Thursday. The number of claims filed last ...
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TOTAL SE Prices its €1000000000 Undated Non-call 10 Year Deeply Subordinated Fixed Rate Resettable Notes PARIS--(BUSINESS WIRE)--Regulatory News: On August 27th, 2020, TOTAL SE (Paris:FP) (LSE:TTA) (NYSE:TOT) (the "Company") successfully priced its issuance of €1,000,000,000 undated non-call 10 year deeply subordinated fixed rate resettable notes ...
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Lord & Taylor is closing all of its stores after 194 years in business The first department store ever established in the U.S. is permanently closing its doors. Lord & Taylor, which has been in business for 194 years, announced Thursday it will shut down all 38 of its remaining stores. The high-end retailer filed for bankruptcy on ...
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Tata-Mistry tussle comes to fore again; allegations traded at Tata Sons AGM Besides, the representatives of the Mistry family, which holds 18.5 per cent stake in Tata Sons, also questioned recent investment decisions taken at Tata Sons, which according to them have gone into funding losses. During the AGM, which was also attended ...
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Vaping ad tactics 'exploited' the pandemic, study says A free roll of toilet paper with your vape? How about hand sanitizer? Vaping companies — long criticized for marketing that appealed to kids and implied their products were less harmful than smoking — are now under the microscope for seizing on the ...
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Global smartphone market may see growth in 2021: IDC Despite witnessing decline in the previous quarters, the global smartphone market is set to "return to a full recovery" in the next couple of years, as per the latest report by IDC. "Although we expect year-over-year growth of 9% in 2021, that is only due to the ...
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Trump elicits review of utility chief's pay NASHVILLE, Tenn. -- The Tennessee Valley Authority has hired a new independent consultant to take a fresh look into its executive compensation after President Donald Trump this month blasted the chief executive as being "ridiculously overpaid," the ...
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Taiwan's MediaTek pushes for permission to supply Huawei after US curbs TAIPEI (Reuters) - Taiwanese chip designer MediaTek Inc <2454.TW> said on Friday it had applied to the U.S. government for permission to continue supplying China's Huawei after new U.S. curbs take effect in mid-September amid rising China-U.S. ...
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GE to deliver energy storage system for Wykes' solar PV plant in UK Sign up here for GlobalData's free bi-weekly Covid-19 report on the latest information your industry needs to know. GE Renewable Energy has secured a contract from Wykes to deliver 25MW of energy storage systems to its solar plant in the UK.
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AIDA Cruises Will Resume Cruise Operations with Fall and Winter Voyages ROSTOCK, Germany, Aug. 28, 2020 /PRNewswire/ -- AIDA Cruises, the leading cruise line in Germany and a part of Carnival Corporation & plc (NYSE/LSE: CCL;NYSE: CUK), today announced that it will offer cruises this fall and winter that combine the ...
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Sensex, Nifty jump after Fed shift, banks surge A surge in banking shares helped Indian stocks end higher on Friday, as investors digested a policy shift by the US Federal Reserve to focus more on boosting economic growth and worry less about inflation running too high. The gains cap a strong week for ...
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BHP Group CEO says China seeing 'V-shaped recovery': CNBC China's economy is experiencing a "pretty solid V-shaped recovery" amid the COVID-19 pandemic that has crippled the world's economy, said BHP Group CEO Mike Henry to CNBC on Aug 26. As the world's largest miner, the Australian resources company is ...
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Yearn.Finance, a lending aggregator scarcer than Bitcoin In just two months, yearn. finance (YFI) went from a relatively unknown lending aggregator to a $390 million DeFi powerhouse at the center of the hottest trend in the industry today. Yearn has dominated yield farming so convincingly that some have ...
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Churchill Downs shifts online offering to Kambi and GAN Churchill Downs Incorporated (CDI) has announced that it will migrate its BetAmerica-branded sports betting and igaming business to Kambi and GAN's software. The deal will see GAN provide its enterprise software platform and player account management ...
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Tourism industry losing '£60m a day' in lost revenues from overseas visitors The UK's tourism industry could be losing £60m a day as spend from overseas visitors plummets amid the coronavirus pandemic. According to the World Travel & Tourism Council (WTTC), the UK looks set to lose up to £22bn in tourism revenues this year as ...
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