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Nasdaq Inc (NDAQ) Q4 2020 Earnings Call Transcript Throughout this health crisis, I have remained extremely proud of the resilience of Nasdaq's business, our team and our client community. Over the past year, we have deepened our partnerships with our clients and worked together ...
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Tensions Rise as AstraZeneca, EU Spar Over Vaccine Delays BRUSSELS (AP) — The European Union and drugmaker AstraZeneca sparred Wednesday over a delay in coronavirus vaccine deliveries as the deepening dispute raises concerns about the increasing competition for limited supplies of shots needed to end the ...
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Clean Energy Marks Dawn of Biden Era With Record Stock Sales Clean-energy companies are raising record amounts of cash through stock offerings in what could be their biggest funding opportunity ever as U.S. President Joe Biden moves to implement his climate agenda. What on Earth? The Bloomberg Green ...
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Goya board moves to silence CEO over his continued denial of Trump's loss in election Goya Foods has voted to silence its pro-Trump CEO Robert Unanue following his recent television appearances questioning the results of the presidential election, the New York Post reports having learned. The Hispanic foods giant on Friday agreed to ...
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New 23andMe Tool Assesses Risk of Covid-19 Becoming Severe The company's new COVID-19 Severity Calculator was launched on Wednesday. It pulls data from a Covid-19 study begun in April that queried more than a million participants on their ethnicity, lifestyle, height, weight, health conditions, genetics and experience ...
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Durable-goods orders and business investment climb for eighth month in a row The 0.2% increase in orders last month was below Wall Street expectations, but the drag mainly stemmed from a slump in demand for new airplanes since the onset of the pandemic. Economists surveyed by Dow Jones and The Wall Street Journal had forecast ...
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Onshore Wind Closes in On Solar in Spanish Auction Solar has won the bulk of capacity on offer in Spain's latest renewable energy auction. But onshore wind bids have surprised analysts by coming to within a hair's breadth of the average price for PV. The Spanish tender — the first since 2017 — this week saw ...
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Blackstone Deploys $25 Billion to Ramp Up Spending Blackstone Group Inc. deployed a record $25.4 billion in the fourth quarter, as the world's biggest alternative asset manager sealed large deals and found opportunities in an economy ravaged by the Covid-19 pandemic. New York-based Blackstone spent ...
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Boeing Hit With Record Loss As Debut Of 777X Delayed Again To 2023 Topline. Boeing posted a record net loss of $8.4 billion, or $14.65 per share, for the fourth quarter of 2020, largely due to the devastating impact of the COVID-19 pandemic on the airline industry, as well as the grounding of the troubled aviation giant's 737 MAX.
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Bank of America Analyst Sees GameStop Stock Plunging 97% What goes up must come down, and the video game retailer is primed to come down hard.
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Bed Bath & Beyond Surge Prompts Rating Cut at 2 More Firms Bed Bath & Beyond (BBBY) - Get Report was downgraded at Wedbush and Baird, bringing the number of ratings cuts to at least four this week as analysts react to the home-goods retailer's recent stock-price surge. Shares of the Union, N.J., retailer at last ...
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China's Insatiable Corn Demand Paves Way for Even Higher Prices China is scooping up record amounts of U.S. corn to feed a pig herd recovering from a deadly virus. That's helped grain markets hit multiyear highs, stoking worries over global food inflation at a time when hunger is surging around the world due to the Covid-19 ...
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France's Sanofi to Help Rival Pfizer-BioNTech Make Vaccines PARIS (AP) — In an unusual and potentially groundbreaking decision, French drugmaker Sanofi said Wednesday it will help bottle and package 125 million doses of the coronavirus vaccine developed by its rivals Pfizer and BioNTech, while its own vaccine ...
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Renewable investment wave continues as solar lending company Loanpal raises $800 million The former chief revenue officer for SolarCity before its acquisition by Tesla, Barnard has a long history with solar energy development. At Loanpal he also had the balance sheet to take his pick among would-be investors. "We're a multi-billion dollar company," ...
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Target (TGT) Expands Tie Up With Levi's, Invests in Bonus In this context, the company announced expanding its long standing collaboration with Levi Strauss & Co. LEVI by rolling out a new limited edition collection. The collection features a range of home and lifestyle assortments along with marking the Levi's first ...
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JPMorgan Chase Is Looking Abroad for Retail Growth JPMorgan Chase (NYSE:JPM), the largest bank in the U.S., plans to take its retail approach to the United Kingdom for the first time, the company announced today. Citing an anonymous source, CNBC reported that the bank will launch digital checking ...
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Walgreens picks a Starbucks executive to be its CEO The appointment of Ms. Brewer, currently the chief operating officer and a board member at Starbucks, takes effect March 15. Ms. Brewer will replace Stefano Pessina, who had previously announced his plans to ...
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FDA places import alert on hand sanitizers from Mexico after discovering 'dangerous levels' of toxic ingredients A health personnel dispenses hand sanitizer in Leon, Mexico. Leopoldo Smith | Getty Images. The Food and Drug Administration has placed an import alert on alcohol-based hand sanitizers ...
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Dow Futures Slide Ahead of Fed Meeting, Apple Earnings; Boeing Tumbles Global stocks slip lower, pulling Wall Street futures into the red, as markets prep for the first Fed rate decision of the year and a trio of key tech earnings. No change in policy is likely from the Fed when it publishes its decision at 2:00 PM Eastern time, but ...
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In battle over GameStop shares, two big players flinch A David and Goliath saga is unfolding in financial markets over the stock price of struggling retail chain GameStop. On Wednesday, Goliath walked away from the battle. Two ...
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LVMH's Flagship Brands Ended 2020 Strong, Despite Lockdowns. The Luxury Giant Is Confident About 2021. Shares in the French group opened 1.3% higher on Wednesday before settling 2.5% lower, in line with stocks across Europe on a downbeat trading day. The ...
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SparkPost Lands $180 Million Strategic Growth Investment COLUMBIA, Md., Jan. 27, 2021 /PRNewswire/ -- SparkPost, the world's largest email sending and optimization platform delivering nearly 40 percent of the world's commercial email, today announced it has secured $180 million from LLR Partners, NewSpring ...
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Mass General to conduct research on how psychedelics affect the brain Massachusetts General Hospital is working with a German company to research the effects of psychedelics on the brain. Atai Life Sciences ― which on Tuesday jointly announced the collaboration with Mass General ― acts like an ...
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Allstate to sell life insurance business to Blackstone for $2.8 billion The deal, expected to close in the second half 2021 pending regulatory approval, provides an exit for Allstate from a lower growth part of its insurance portfolio, but will leave its life insurance clients in good hands, the company said Wednesday.
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Exxon planning board changes under activist investor pressure - WSJ Adds details from report, past performance, background. Jan 27 (Reuters) - U.S. oil major Exxon Mobil Corp XOM.N is planning to add one or more new board directors and stepping up its sustainability investments, the Wall Street Journal reported on ...
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Fuccillo sells 5 auto dealerships in Syracuse, Rochester Syracuse, N.Y. -- Auto dealer Billy Fuccillo has sold his three dealerships in the Syracuse area and two in the Rochester area to Vestal-based Matthews Auto Group. Matthews announced Wednesday it has acquired Fuccillo Kia and Fuccillo Nissan, both on ...
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Brown-Forman's board chairman is stepping down this summer, and a successor is in waiting G. Garvin Brown IV, who led the board for the past 14 years, will retire in July, the Louisville-based spirits company said Wednesday in a statement. Campbell Brown, senior vice president and ...
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What is a VantageScore? VantageScore is one of the possible credit scores a credit reporting agency can use. It is a model for calculating consumer credit scores developed by the three major credit reporting companies in 2006. The goal was to create a better model for predicting ...
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Technology Crossover Ventures raises $4 billion for latest fund The venture capital fund invests in high-growth technology firms in sectors such as digital media, e-commerce and entertainment. The manager's previous fund, TCV X, closed at $3.2 billion in January 2019 ...
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CVS Health to complete long-term care COVID-19 vaccination effort in Texas, New Mexico EL PASO, Texas (KFOX14/CBS4) — The pharmacy company, CVS Health, has completed administering the first round of COVID-19 vaccine doses to skilled nursing facilities and long-term care facilities in New Mexico and on the way to being completed in ...
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Fiat Chrysler, now part of Stellantis, to plead guilty in corruption probe, pay $30M The company released a statement "that it has reached an agreement with the U.S. Attorney's Office for the Eastern District of Michigan to resolve its investigation into past misconduct of certain former FCA US employees involving the UAW-Chrysler National ...
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MTA Suspends Bulk of $51B Capital Construction Plan Due to Financial Troubles Subway ridership is still down 70% from pre-pandemic levels, which has led to a steep drop in fares for the MTA. Current construction projects will continue, but future ones are now put on ...
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Airport adds service from Minneapolis-based carrier Glacier Park International Airport will add flights to Minneapolis/St. Paul on Sun Country Airlines beginning in May. It's another sign of recovery after the airport reached its all-time low passenger count last spring due to the COVID-19 pandemic. "This new ...
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CEO: Pratt, Collins cut 21K in 2020 Stung by a steep global downturn in the commercial aviation sector, Raytheon Technologies Corp. last year eliminated 16,500 positions and laid off 4,500 contractors at Collins Aerospace and East Hartford-based Pratt & Whitney, company officials revealed ...
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Goodyear Ventures Adds Starship Technologies To Investment Portfolio - Quick Facts The company noted that Goodyear Ventures has joined multiple investors helping to raise $17 million for the autonomous delivery company. Founded in 2014, Starship Technologies builds and ...
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Investor Palihapitiya says he wants to be governor of California (Reuters) - Technology investor Chamath Palihapitiya, the early Facebook Inc executive and minority owner of the Golden State Warriors basketball team, threw his hat in the ring on Tuesday to replace Gavin Newsom as governor of California. Palihapitiya ...
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Chicago man charged after allegedly selling stimulus checks stolen with help of postal worker Authorities believe Kosoko recruited his brother and other mail carriers to steal U.S. Treasury checks "in exchange for payment or the promise of payments." The checks were issued last year as part of the Coronavirus Aid, Relief, and Economic Security Act.
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Will Cruises Be Safe in 2021? Here's What We Know Will a cruise sailing in 2021 be safe for you to travel? In normal times, cruising is among the safest vacations that you can take. But there are anything but normal times. Mariner of the Seas cruise ship in port. For almost a year, travel — and cruises in particular ...
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LG Display reports strong Q4 profit on iPhone demand, rising panel prices By Joyce Lee. SEOUL, Jan 27 (Reuters) - South Korea's LG Display Co Ltd 034220.KS on Wednesday reported a bigger than expected profit in the fourth quarter, as increased shipments of Apple Inc's AAPL.O new iPhones helped drive the firm's second ...
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Jan. 27 - STAR Bank to invest $43M in new downtown Fort Wayne HQ STAR Financial Bank is commencing construction on a $43 million new corporate headquarters in what has been known as the Ashberry in downtown Fort Wayne. The two-tower, mixed-use building with a public parking garage at 215 W. Main St. will be ...
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Ben & Jerry's Is Making Phish Food Into A Vegan, Non-Dairy Frozen Dessert There is nothing more satisfying than dipping your spoon into a pint of Ben & Jerry's at the end of a long day, am I right? But our friends who cannot have dairy have been limited to just a few of Ben & Jerry's ice creams, which, while delicious, can be a bummer ...
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No-fly list: Southwest last to ban emotional-support animals The move follows a Transportation Department decision to reverse a yearslong regulation and let airlines ban animals that owners claim provide emotional support. Airlines said some passengers abused the old rules to avoid pet fees. Southwest is ...
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Southside Bancshares: 4Q Earnings Snapshot Southside Bancshares: 4Q Earnings Snapshot. Jan. 27, 2021 Updated: Jan. 27, 2021 5:23 a.m.. Facebook Twitter Email LinkedIn Reddit Pinterest. Comments. TYLER, Texas (AP) _ Southside Bancshares Inc. (SBSI) on Wednesday reported fourth-quarter ...
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American Red Cross Encourages All To Donate Blood The American Red Cross typically has a tough time keeping the blood supply strong during the winter months when inclement weather and seasonal illnesses can impact donors. This year the pandemic adds in another challenge in keeping the blood supply ...
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Ukko Raises $40M to Fight Food Allergies and Develop its Good Gluten The round was led by Leaps by Bayer (the impact investment arm of Bayer), with participation from Continental Grain Company, PeakBridge Ventures, Skyviews Life Science and Fall Line Capital. Existing investors including Khosla Ventures and TIME Ventures, ...
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Case of the Week: SPAC Investing The ERISA consultants at the Retirement Learning Center Resource regularly receive calls from financial advisors on a broad array of technical topics related to IRAs, qualified retirement plans and other types of retirement savings plans. We bring Case of the ...
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AT&T writes down pay-TV unit by $15.5bn as viewers switch to streaming The fourth-quarter writedown comes as an insider said AT&T had entered into exclusive talks to sell a minority stake in DirecTV to private equity firm TPG in a deal that could value the division at more than $15bn.
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Colombia, Estonia Upload the Bitcoin White Paper to Their Governmental Websites Since 2018, a copy of Satoshi Nakamoto's white paper has also been tucked away on the U.S. Sentencing Commission's website. Update (Jan. 26, 22:54 UTC): Rep. McHenry added to ...
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Coors aims to sell you beer and seltzer in your dreams - literally "During the Big Game, commercial breaks are notoriously swamped with beer advertisements. A certain, other beer brand seemingly controls the ad space – so much so that Coors is legally locked out from playing on TV screens nationwide during the Big Game ...
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Amid Epstein Revelations, Leon Black Remains Chairman of MoMA After the disclosure that Mr. Black had paid Jeffrey Epstein $158 million, some have called for his removal.
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