Wednesday, January 27, 2021

Google Alert - finance

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finance
As-it-happens update January 27, 2021
NEWS
Reuters
NEW YORK (Reuters) - Oil prices ticked up on Wednesday as a massive drawdown in U.S. crude inventories countered persistent concerns about the coronavirus pandemic continuing to hurt fuel demand. FILE PHOTO: Pump jacks operate in front of a drilling ...
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Forbes
Fed meeting ends today with Powell press conference awaited. This afternoon investors can sit back and enjoy an earnings season triple crown. Tesla (TSLA), Apple (AAPL) ...
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CNN
London (CNN Business) A war of words between the European Union and AstraZeneca escalated on Wednesday as the two sides argued in public over coronavirus vaccine delays that threaten the bloc's fragile recovery from the pandemic. The dispute ...
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MarketWatch
Shares of Plug Power Inc. tumbled Wednesday, to pull back from a more than 15-year high, after the hydrogen-fuel company announced the sale of $1.8 billion worth of common stock to the public.
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CNBC
Goldman Sachs, which saw its highest revenue in over a decade last year despite the coronavirus pandemic, admitted to wrongdoing during its time working for a now infamous Malaysian government development fund called 1Malaysia Development Berhad, ...
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Bankrate.com
The Federal Reserve made no changes to interest rates Wednesday and downplayed any urgency to bring borrowing costs back up from their lowest levels in history, even with a light at the end of the coronavirus pandemic's long tunnel thanks to vaccines ...
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Barron's
Microsoft (ticker: MSFT) simply blew away Wall Street's expectations for the quarter, driven in part by the dramatic growth of its cloud business overall and by the Azure public cloud service in particular. Azure revenue was up 50% in the quarter, accelerating from ...
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Washington Post
OMAHA, Neb. — Norfolk Southern's fourth-quarter profit improved slightly even though it hauled 1% less freight because the railroad controlled expenses tightly as the economy continued to slowly recover from last year's widespread shutdowns during the ...
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Las Vegas Review-Journal
Gaming industry analysts from across the country will be listening intently for clues about the future operation of Las Vegas Sands Corp. during Wednesday's fourth-quarter earnings call, the first since the death of former Chairman and CEO Sheldon Adelson.
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KY3
(AP) - 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 Goliaths, actually. A pair of professional investment firms that placed big bets ...
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Washington Post
NEW YORK — Walmart is enlisting the help of robots to keep up with a surge in online orders. The company said Wednesday that it plans to build warehouses at its stores where self-driving robots will fetch groceries and have them ready for shoppers to pick ...
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Barron's
AT&T saw a huge net gain in wireless subscribers for the fourth quarter, but it also offered guidance that calls for little to no growth in sales and earnings in 2021—likely much softer than investors had expected.
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U.S News & World Report Money
DETROIT (AP) — Fiat Chrysler Automobiles US has agreed to plead guilty and pay a $30 million fine for a corruption scandal at the union that represents its factory workers, authorities said Wednesday. Federal prosecutors in Detroit charged the company with ...
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Automotive News
Wayne Ting, Lime's CEO, said the company chose Washington and Paris because it already operates fleets of bikes and scooters in those cities, whose local governments are amenable to new mobility options. "They're committed to showing there's something ...
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Reuters
(Reuters) - Defense contractor General Dynamics Corp missed Wall Street estimates for quarterly profit and revenue on Wednesday, as its aerospace unit delivered fewer Gulfstream jets due to the COVID-19 pandemic, but 2021 revenue guidance sent shares ...
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The Real Deal
During its Wednesday earnings call, officials at the publicly traded firm emphasized its holdings in logistics, suburban multifamily and life sciences — sectors which have performed well despite, or because of, the pandemic.
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Chicago Tribune
Jeni's Splendid Ice Creams just released an everything bagel flavor Monday at its seven shops in Chicago and Oak Brook. Advertisement.
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Barron's
For the quarter, Corning (ticker: GLW) posted "core" sales of $3.33 billion, up 17% from a year earlier and 11% from the third quarter, and ahead of the Wall Street analyst consensus at $3.19 billion. Non-GAAP earnings were 52 cents a share, up 13% from a ...
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American Banker
As usual, we are webcasting live over the Internet. To access the call on the Internet, please log into the Capital One website at capitalone.com and follow the links from there. In addition to the press release and financials, we've included a presentation ...
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CBS News
On Wednesday, SSC announced it had gotten the car up to an average top speed of 283 miles an hour during two runs. But the attempt, completed on January 17, was made in much more difficult conditions than before. The car was driven by an amateur, rather ...
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Detroit Metro Times
It's far worse. Panera's bread bowl-shaped glove, which was designed for ice coffee drinkers to hold their frosty beverages in comfort, is both a reality and a lie. The glove, touted as the Iced & Toasty Bread Bowl Glove, is more glove than bread as it contains zero ...
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Pittsburgh Post-Gazette
In Allegheny County, the local health department reported 376 new cases of COVID-19 and eight additional virus-related deaths. Advertisement. The dates of the Allegheny death ...
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National Post
VANCOUVER, British Columbia — Public condemnation grew Wednesday over a wealthy Vancouver couple who allegedly flew to a remote Indigenous community in Yukon Territory to get vaccinated for the coronavirus. Marc Miller, Canada's federal ...
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Rochester Democrat and Chronicle
This past year was odd, frustrating, sad, and weirdly uplifting. By spending so much time cooped up at home (I'm writing this column in my spare bedroom newsroom), I had little choice but to reevaluate what's important, what isn't and how fortunate I am.
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Washington Times
The S&P 500 slipped 0.1% after spending much of the day drifting between small gains and losses. Declines in banks, industrial companies and elsewhere pulled the market lower. Gains in some Big Tech companies, including Amazon and Facebook, helped ...
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Washington Business Journal
Peraton, a Herndon government contractor owned by private equity firm Veritas Capital, will pay $29.35 per share to Perspecta shareholders in the all-cash, according to a press release. The price reflects a 49.7% ...
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WATE 6 On Your Side
Candy Kraft Mac & Cheese is made with "the same cheesy goodness" of the original but includes a candy-flavored packet to turn the macaroni and cheese pink and add a sweet candy taste, the company said.
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WPVI-TV
PHILADELPHIA (WPVI) -- Boston Market is the latest restaurant to get in the fast-food "Chicken Sandwich Wars" and the chain is bringing some Tennessee heat. You may have noticed several Boston Markets in Philadelphia now have a sign calling ...
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Architectural Digest
With a never-before-seen passenger experience, Virgin Hyperloop promises speeds of up to 600 miles per hour, making a trip from L.A. to San Francisco in under 45 minutes. By Alyssa Giacobbe. January 27, 2021. people walking in train station.
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WCBD News 2
The goal was to reach more residents who were eligible to receive the vaccine in a safe environment, much like has been seen with drive-thru COVID-19 testing sites. But when a glitch in ...
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PRNewswire
HUNT VALLEY, Md.--(BUSINESS WIRE)--Jan 27, 2021--. Omega Healthcare Investors, Inc. (NYSE: OHI) ("Omega") today announced that it is one of 380 companies across 11 sectors included in the 2021 Bloomberg Gender-Equality Index ("GEI"). "Omega is ...
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Transport Topics Online
PHOENIX (AP) _ Knight-Swift Transportation Holdings Inc. (KNX) on Wednesday reported fourth-quarter profit of $142.3 million. The Phoenix-based company said it had net income of 84 cents per share. Earnings, adjusted for one-time gains and costs, were ...
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The Wall Street Journal
Big fashion brands bolster results, while Champagne revenue falls amid pandemic. The results show how some of the marquee brands of luxury fashion have gained market share during the pandemic. Photo: Cyril Marcilhacy/Bloomberg News. By. Matthew ...
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Zacks.com
Prospector Capital Corp. of San Diego sold 32.5 million shares at $10 each in upsized IPO earlier this month. The Special Purpose Acquisition Company is on the hunt for "companies with advanced and highly differentiated solutions for the technology sector," ...
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The Island Now
In more than 40 years of providing local real estate analysis to Long Islanders, last year was the first time that the median price for closed home sales exceeded $500,000. Nassau County reported an annual median home sale price of $575,000, a 7.5 percent ...
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CNN International
Methanol, or wood alcohol can be toxic when absorbed through the skin and can be life-threatening if ingested. It is not an acceptable ingredient in hand sanitizer in the United States, according to the FDA.
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Driving
The iconic Kammback design immediately became known as the "Breadvan" due to its resemblance to, well, a bread-van. Now Niels van Roij Design in the Netherlands has taken that theme and applied it to a 1990s-era 550 Maranello — one of the prettiest ...
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Houston Chronicle
Engine No. 1, a San Francisco-based investment firm founded by technology hedge fund veteran Chris James, on Wednesday nominated four candidates to join Exxon's board of directors. The four independent director nominees -- Gregory ...
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SDxCentral
Wind River today formally debuted its cloud-native 5G edge network middleware based on Kubernetes and containers. Wind River Studio, which provides operators with a platform to develop, deploy, operate, and manage 5G distributed edge clouds, is now ...
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Miami Herald
Rollins Inc. (ROL) on Wednesday reported fourth-quarter net income of $62.6 million. On a per-share basis, the Atlanta-based company said it had net income of 13 cents. The results exceeded Wall Street expectations. The average estimate of three analysts ...
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pennlive.com
Lucy is a 139-year-old wooden elephant in Margate City, New Jersey. She is five miles from Atlantic City. Lucy is six stories high and is listed on the National Park Registry of Historical Landmarks.
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Livemint
BENGALURU : China's Ant Group Co Ltd is planning to refashion itself as a financial holding company under the supervision of China's central bank in the face of regulatory pressure, the Wall Street Journal reported on Wednesday. The fintech affiliate of ...
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Crunchbase News
San Jose, California-based Splashtop took the scenic route to becoming a unicorn, but the remote work company hit the billion-dollar valuation mark with its closing of a $50 million funding round. Subscribe to the Crunchbase Daily. The round was led by ...
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The Livingston Parish News
Several lawmakers have said they would like to lower the severance tax rate but don't want to harm state finances by doing so. Upton on Tuesday told a legislative committee that state government could slash oil severance ...
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The New York Times
That might not have been the only challenge, of course. Epstein, who hanged himself in his Manhattan jail cell in 2019 after being charged with sex trafficking, had a sordid personal history that included prison time for soliciting prostitution from a minor.
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Record-Courier
Make an appointment to give blood, platelets or plasma with the Red Cross by downloading the Red Cross Blood Donor App, visiting RedCrossBlood.org, calling 1-800-RED CROSS or enabling the Blood Donor Skill on any Alexa Echo device.
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