Thursday, January 28, 2021

Google Alert - finance

Google
finance
As-it-happens update January 28, 2021
NEWS
Bloomberg
New investment could help advance the South Florida ecosystem in greater Miami. The region attracted a total of $1.06 billion in venture investment in its startups last year, according to research firm PitchBook, representing a small portion of the $156 billion ...
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CNBC
As of Jan. 22, Coresight said, retailers in the U.S. have already announced 1,678 closures, which include ones by Bed Bath & Beyond, Macy's and J.C. Penney. In 2020, Coresight tracked 8,741 ...
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U.S. News & World Report
WASHINGTON (AP) — Stuck in the grip of a viral pandemic, the U.S. economy grew at a 4% annual rate in the final three months of 2020 and shrank last year by the largest amount in 74 years. For 2020 as a whole, a year when the coronavirus inflicted the ...
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Forbes
Robinhood users can't purchase GameStop stock as of this morning. This extreme measure from an unexpected source might tame the activity we've seen in recent weeks. Robinhood Blocks Purchases. Free online ...
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Motley Fool
However, when the final tally came in, the number was $0.74 per share, a material bottom-line beat. On the top line, Wall Street was projecting revenue of roughly $770 million, with A. O. Smith reporting $834 million, another solid beat.
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CNET
Having said all of that, let's take a look at why 2021 is expected to be such a grand year for the electric carmaker. Before we dive in, a caveat: Some of the items below were initially promised for last year -- if not multiple years ago.
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Forbes
The Distilled Spirits Council released its annual economic report for 2020 this morning. Unsurprisingly, the report noted the pandemic and major shifts in customer behaviors as having a negative impact on sales throughout the year. However, overall the ...
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Washington Post
According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average slipped to 2.73 percent, with an average 0.7 point. (Points are fees paid to a lender equal to 1 percent of the loan amount and are in addition to the interest rate.) It ...
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Minneapolis Star Tribune
DALLAS — Southwest Airlines lost $3.1 billion last year, its first full-year loss since Richard Nixon was president and gasoline sold for about 36 cents a gallon with no extra charge for the attendant who cleaned your windshield. 2020 was a disaster for airlines ...
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Barron's
The deal ran into a last-minute hiccup, now addressed, when SAP (ticker: SAP) CEO Christian Klein made some comments to media outlets about recent growth at Qualtrics that were not quite true. He told reporters that revenue at Qualtrics had doubled since it ...
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Bloomberg
The German carmaker aims for battery-electric vehicles to be 6% to 8% of sales this year, up from about 3% in 2020, according to a presentation by Chief Executive Officer Herbert Diess that was published on VW's website.
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Seattle Times
SAN RAMON, Calif. (AP) — Apple CEO Tim Cook lambasted social media companies, though without naming them, accusing them of prioritizing user attention and data collection at the cost of allowing and even rewarding dangerous conspiracies, extremism ...
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FierceBiotech
German biotech Medigene saw its shares drag down 7% into the red Thursday after it decided to cull one of its T-cell receptor modified (TCR-T) cancer assets after delays by COVID-19 restrictions hampered its efforts. The therapy, MDG1021, which targets the ...
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WDBJ7
"We are thrilled to see a longtime Virginia employer and Fortune 500 company like Crown Holdings select Henry County for its new East Coast manufacturing operation," said Governor Northam. "The addition of 126 high- ...
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Hollywood Reporter
NBCUniversal streaming service Peacock has reached 33 million sign-ups, parent company Comcast said on Thursday in its latest earnings update. NBCUniversal CEO Jeff Shell had told an investor conference in early December that streamer Peacock ...
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Politico
A key bank regulator on Thursday halted a last-minute, Trump-era rule that would prevent big banks from denying loans and other services to entire industries like energy or private prisons, a regulation that had drawn ire not just from Democrats but from ...
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NBC 5 Dallas-Fort Worth
Budweiser's decision to skip its usual big ad showcases the caution with which some advertisers are approaching the first COVID-era Super Bowl. By Eric Hinton • Published 6 mins ago. This image provided by Budweiser shows two health care workers ...
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Barron's
American Airlines Group stock (ticker: AAL) soared after the company reported earnings Thursday morning. Shares of American rose as much as 20% in early trading, though recently pared some of those gains to trade 10% higher at around $18.
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Crain's Detroit Business
Dave Portnoy responds to praise, criticism after Detroit visit · Half a dozen local small businesses have received funding · Portnoy expects Barstool Sports to be major player in market.
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Motley Fool
Altria Group (NYSE:MO) reported its cigarette business has held up spectacularly during the COVID-19 pandemic, with fourth-quarter sales rising 5% to $6.3 billion and handily beating analyst expectations. But the tobacco giant's investments in electronic ...
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Miami Herald
The owner of the hedge fund at the center of the GameStop trading controversy recently purchased a home for $44 million in Miami Beach, according to city and county documents. Gabriel Plotkin, founder of New York-based Melvin Capital, bought the existing ...
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Albuquerque Journal
BRUSSELS — As the European Union's medicines regulator prepared to consider clearing AstraZeneca's COVID-19 vaccine for use, a draft recommendation Thursday from a German expert committee called for offering it only to under-65s for now — adding ...
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USA TODAY
The company will test a variety of configurations across multiple tech providers, including Alert Innovation, Dematic and Fabric. Some of Walmart's "local fulfillment centers," for example, will appear in existing store space, while others will be added on to the ...
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The Keene Sentinel
Following the expiration of federal rent relief last month, New Hampshire housing advocates cheered the inclusion of $200 million for renters in Congress' latest stimulus package. But the status of that aid — when it will arrive and how it will be distributed ...
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ARLnow
At Tuesday's meeting, the Board passed a motion to waive 2021 certificate fees for up to 50 cabs per company, as well as for all wheelchair accessible taxicab vehicles. For those companies that have more than 50 cabs, a reduced annual fee of $50 per cab, ...
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The Real Deal
Long Island home sales https://therealdeal.com/2020/12/18/long-island-housing-market-remains-hot-as-winter-sets-in/ and prices surged in the fourth quarter, with demand particularly strong in the Hamptons and the North Fork. In the Hamptons, the median ...
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syracuse.com
Central New York's seven-day average positive rate has been steadily declining since reaching over 9% at points earlier in January. Yesterday's rate was the second-lowest in the state, behind only the Southern Tier at 2.6%.
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HealthITSecurity.com
Both of the actions occurred on Wednesday, January 27 and mark a significant hit to two massive threats that pummeled a range of sectors. Netwalker has been a particular bane to the healthcare industry. It's healthcare ...
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Mainebiz
The organization's leaders say the campaign goal is as extraordinary as the problem itself. Before the pandemic, the Food Bank estimated that 175,000 Mainers were at risk for hunger, and now that number could climb upwards of 215,000 — or 16 percent of the ...
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nj.com
The third-prize tickets were bought at ShopRite on Shrewsbury Avenue in Shrewsbury and 7-Eleven on Mantoloking Road in Brick, New Jersey Lottery officials said. Each matched four numbers plus the Powerball. Wednesday's ...
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Cincinnati Business Courier
The construction of outdoor "streateries" is underway as the city of Cincinnati converts temporary outdoor dining areas into permanent fixtures to expand restaurants capacity amid restrictions put into place due to Covid-19. The city in conjunction with the ...
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Barron's
The major stock indexes were mixed Thursday morning, but thankfully quiet following a rough Wednesday. Futures on the Dow Jones Industrial Average have risen 13 points, while S&P 500 futures have dipped 0.2%, and Nasdaq Composite futures have ...
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Environment + Energy Leader
The climate transition presents a historic investment opportunity, one that will enable the continuation of a massive acceleration of capital towards companies better prepared to address climate risk, wrote BlackRock chairman and CEO Larry Fink in his annual ...
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ABC17News.com
"I think we're kind of leading this trend to some extent," Levi Strauss CEO Chip Bergh told analysts Wednesday on a call discussing the company's fourth-quarter results. "The line that we launched [is] a loose-fit line this past season. It's in our stores now [for] both ...
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Small Business Trends
1. DOL final rule · 2. Voluntary extension of paid sick leave and family leave · 3. Employee retention credit · 4. Withholding for employees' deferred Social Security tax · 5. Work opportunity credit · Conclusion New rules for employees may impact payroll costs.
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TheLines.com
With more than one million subscribers around the world, The Athletic's readers have access to coverage of nearly 300 professional sports and collegiate teams and clubs in the U.S., Canada and the UK. An editorial ...
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Nasdaq
Ethan Brown, founder and CEO of BYND, said this about the news boosting its stock up today. "We are thrilled to formally join forces with PepsiCo in The PLANeT Partnership, a joint venture that ...
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KPLC
MASSANUTTEN, Va. (WWBT) - It's an experience Stephanie Brown and her son Dominic will never forget after he brought home a new friend he made while playing outside. As the Westmoreland County family was packing up to leave their rental in ...
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KCTV Kansas City
Restaurants in the pilot program are in in Cupertino, San Jose, Palo Alto and other cities. If all goes well, the service could start rolling out to other areas in a matter of weeks, said Curt Garner, the company's chief technology officer.
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WFSB
(WFSB) - Roses are red. Violets are blue. Kraft Macaroni & Cheese is usually yellow. Now it's 'as sweet as you.' Kraft unveiled a pink-colored "candy" flavored Macaroni & Cheese flavor ahead of Valentine's Day. "This limited-edition flavor boost will romance ...
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PRNewswire
This time, he said, there's no message other than what they've been saying for years. "It's just a continued confidence in basic science, and innovation that's happening in ...
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STLtoday.com
The Post-Dispatch is kicking off its 10th annual Top Workplaces contest now, in the midst of a pandemic, believing that there is no more essential time to celebrate teamwork, leadership and workplace culture. "In times of great change, it is more important than ...
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Nikkei Asia
Backlogs of applications for initial public offerings reemerged in China as regulators tightened scrutiny following Ant Group's surprise listing suspension, forcing several companies to cancel their share sale plans. A total of 14 companies that planned to list on ...
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pennlive.com
Continuing its annual December tradition, the Pennsylvania Fish and Boat Commission is offering licenses for the coming year a month early. Facebook Share. Twitter Share.
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Delish.com
Starting February 1 through February 7, Red Lobster will offer two Big Game Bundles: CYO and Ultimate. The CYO bundle includes a choice of three seafood favorites, two large sides, eight Cheddar Bay Biscuits, and a free Pepsi 4-pack.
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TechRepublic
The infamous botnet has been disrupted thanks to an international effort across the US, Canada, and several European nations. malware in a computer system. Image: kaptnali, Getty Images/iStockphoto. One of the most pervasive, dangerous, and disruptive ...
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finews.com
Projects of public digital currencies enjoy high priority among central banks. In the emerging markets in particular, these are being pushed forward – for a specific reason. A full 86 percent of central banks surveyed by the Bank for International Settlements ...
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Canada NewsWire
This unique barometer of gender-equality performance provides transparency to gender-related practices and policies at publicly listed companies increasing the breadth of environmental, social, governance (ESG) data available to investors. " ...
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BNN
​First Majestic Silver Corp. won a reprieve on criminal tax fraud charges in initial Mexican court hearings for a case that will test the strength of the country's crackdown on tax evasion, according to people familiar with the matter. A judge in Mexico City ...
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PE Hub
AE Industrial Partners LP has acquired Riga, Latvia-based UAV Factory, a tactical UAV design and manufacturing company. No financial terms were disclosed. PricewaterhouseCoopers served as financial advisor to AEI while Houlihan Lokey was the ...
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