Friday, February 26, 2021

Google Alert - finance

Google
finance
As-it-happens update February 26, 2021
NEWS
CNBC
Tech stocks lifted the broader market higher in volatile trading on Friday, rebounding from steep losses after a key inflation gauge showed tame price pressures. The Nasdaq Composite jumped 1.7% as Apple, Facebook and Microsoft each rose more than 2%.
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Forbes
It stems from the notion that without a defined counteracting force to inflation, the risk/reward of holding bonds when growth is trending as it is now is so skewed towards selling that it's likely to create severe spikes in yields until some equilibrium is reached, likely ...
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The New York Times
Economic output grew 0.4 percent in the third quarter, but the recovery is uneven, with small businesses facing the brunt of the downturn.
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MarketWatch
The extreme cold that covered most of the central and eastern U.S. in mid-February was the biggest reason for the rise in natural-gas prices this month, said Christin Redmond, commodity analyst, energy and sustainability services at Schneider Electric.
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MarketWatch
The number of confirmed cases of the coronavirus-borne illness COVID-19 climbed above 113 million on Friday, amid a flurry of positive vaccine news and as a regulatory advisory committee gathered to review Johnson & Johnson's vaccine candidate for a ...
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MarketWatch
Oil futures saw significant pressure Friday, with a rise by the U.S. dollar and jitters ahead of next week's meeting of the Organization of the Petroleum Exporting Countries and its allies leading the U.S. benchmark to pull back from a 22-month high.
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U.S. News & World Report
WASHINGTON (AP) — Bouncing back from months of retrenchment, America's consumers stepped up their spending by a solid 2.4% in January, the sharpest increase in seven months and a sign that the economy may be poised to sustain a recovery from the ...
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Barron's
Slott's obsession with minimizing taxes from retirement savings accounts has translated into a thriving education business—Slott says he's trained tens of thousands of financial advisors, as well as countless individuals. Speaking with Barron's Advisor from his ...
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The New York Times
The federal government has agreed to buy 100,000 doses of a recently authorized Covid-19 treatment from Eli Lilly, increasing the supply of such drugs for patients who are high risk of becoming seriously ill but are not yet hospitalized. Under the deal ...
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Motley Fool
The financial story of the year did not start in lower Manhattan or in the wealthy enclaves of Greenwich Connecticut, but rather on Wall Street Bets-a NSFW chatroom on Reddit. The on-again, off-again meme stock trading frenzy has captured the attention of ...
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Yahoo Finance
Over the last four quarters, the company has surpassed consensus EPS estimates two times. Cronos, which belongs to the Zacks Medical - Drugs industry, posted revenues of $17.05 million for the quarter ended December 2020 ...
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Chicago Tribune
The season of Lent is upon us, which means millions of Catholics around the world have left the indulgences of Mardi Gras behind. Typically, devout Catholics will abstain from an indulgence for the 40 days between Ash Wednesday and Easter Sunday, like ...
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Barron's
Caesars (ticker: CZR) reported that its adjusted fourth-quarter earnings before interest, taxes, depreciation and amortization, or Ebitda, totaled $346 million, versus $722 million a year earlier.
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Barron's
The Robinhood app. Bloomberg. About 6 million new users bought cryptocurrencies on Robinhood in just the first two months of this year, a remarkable rate that could threaten the dominance of ...
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Barron's
The fundamentals in the December quarter were better-than-expected, though still clearly impacted by the pandemic. For the quarter, Airbnb (ticker: ABNB) reported revenue of $859 million, which was down 22% from a year ago, but above Wall Street's ...
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The Dallas Morning News
Gas and electric companies are beginning to sort out the toll from the freeze that left millions of Texans without power.
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CNN
The fire was believed to have been intentionally set on the outside of the building and quickly spread inside causing catastrophic damage, the Atlanta Fire Rescue Department said on Friday in a statement. Two workers were ...
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Barron's
A worker at a Petroleo Brasileiro (Petrobras) gas station in Rio de Janeiro, Brazil. Petrobras declined after President Jair Bolsonaro pushed out the CEO. Andre Coelho/Bloomberg.
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Atlanta Journal Constitution
Deloitte committed in September to reaching net-zero greenhouse gas emissions by 2030. Its plans include using renewable energy in buildings, converting vehicles to hybrid and electric power and reducing business travel. Its purchase of sustainable ...
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Bloomberg
Aurora Chief Executive Officer Chris Urmson led the autonomous team at an earlier iteration of Waymo, and Chief Product Officer Sterling Anderson previously directed Tesla Inc.'s Autopilot driver-assistance efforts.
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Phoenix Business Journal
Despite selling more cars and bringing in more revenue than ever before in 2020, Carvana, Tempe's online car marketplace, posted earnings that fell way short of analyst expectations on Thursday. Carvana (NYSE: CRVA) reported a loss of 87 cents per ...
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ZDNet
Dive Brief: Best Buy CEO Corie Barry told analysts that the retailer has cut 5,000 mostly full-time positions while adding 2,000 part-time jobs, which were offered to many of those cut ...
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syracuse.com
"No one has ever faced a year like 2020," Excellus CEO Christopher Booth said in a prepared statement. "The Covid-19 crisis required a strong and comprehensive response to assure our members were able to receive the care they needed and to help assure ...
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Compliance Week
TikTok is seeking preliminary approval of a class-action settlement with terms that would require the video sharing platform to establish a $92 million settlement fund and create a new compliance framework, including a "newly designed data privacy ...
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WKRN News 2
NASHVILLE, Tenn. (WKRN) — The Metro Public Health Department reported a software program used to schedule COVID-19 vaccination appointments crashed Friday morning. The health department said the software failed to accept applications for ...
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Insurance Journal
The Biden Administration is expanding eligibility for unemployment benefits for workers who feel they are forced to choose between working in an unsafe environment and refusing work to avoid the risk of coronavirus infection. The U.S. Department of Labor is ...
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mlive.com
DETROIT – Twenty-three employees at a Whole Foods grocery store in Detroit have tested positive for COVID-19, WDIV Local 4 reports. The Detroit city health department was informed of coronavirus cases among employees at the Mack Avenue store and ...
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Fox Business
Constellation Research CEO Ray Wang provides insight into Salesforce buying Slack and Tesla's stock growth. Salesforce.com Inc. posted record sales and lifted its outlook for the current year as the business ...
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The Advocate
The deal comes more than two years after Grace purchased Albemarle's polyolefin catalysts and components business for about $416 million in 2018. As part of that deal, Grace assumed the lease and operations of Albemarle's product development center in ...
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AppleInsider
Though Hyundai and Kia in February confirmed they were no longer in talks to create an "Apple Car" for Apple, a report on Friday suggests there might still be hope for a partnership between the companies. Citing sources familiar with the matter, Korean outlet ...
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Tullahoma News and Guardian
CHATTANOOGA, Tenn., Feb. 26, 2021 /PRNewswire/ -- Employee benefits provider Unum (NYSE: UNM) is one of the World's Most Ethical Companies for its "unwavering commitment to business integrity." The recognition was made by The Ethisphere® ...
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KY3
SPRINGFIELD, Mo. (KY3) - Springfield's City Utilities crews has nearly restored power to more than 1,700 customers after a car smashed into a power pole Friday. The crash happened just after 5:30 a.m. on Battlefield Road at South Ridgecrest Drive. That is ...
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WWNY
WATERTOWN, N.Y. (WWNY) - Samaritan Medical Center is buying the assets of Northern Radiology Imaging after that business shuts its doors at the end of next week. NRI, at 1571 Washington Street in Watertown, is closing on May 5. Samaritan will ...
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San Francisco Chronicle
CINCINNATI (AP) _ E.W. Scripps Co. (SSP) on Friday reported fourth-quarter profit of $244.7 million. The Cincinnati-based company said it had profit of $2.89 per share. Earnings, adjusted to account for discontinued operations and non-recurring gains, were ...
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ThinkAdvisor
What You Need to Know · Duckett, the firm's first woman CEO, succeeds Roger W. Ferguson Jr. · She previously was head of consumer banking at Chase. · The former Chase exec began her career at Fannie Mae.
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CBS Pittsburgh
It'll be held in the PNC Champions Club from March 2 through March 5. It's for patients in Pennsylvania's Phase 1A. People who do not have an appointment will not get a shot.
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TheStreet
Shares of space tourism company Virgin Galactic (SPCE) - Get Report dropped Friday after the company said it was delaying its next test flight until May. The move comes as the Las Cruces, N.M., company looks to fix an issue that was discovered earlier this ...
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Travel Weekly UK
Cruise giant Royal Caribbean Group has ships fitted with HVAC systems, which were originally designed to improve ventilation on board by bringing in ocean air and filtering it before sending through rooms. Royal says findings of the ...
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Miami Herald
Alamo Group Inc. (ALG) on Thursday reported fourth-quarter earnings of $8.1 million. On a per-share basis, the Seguin, Texas-based company said it had profit of 68 cents. Earnings, adjusted for amortization costs and severance costs, came to $1.10 per ...
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Livemint
Jeff Blackburn, the longtime Amazon.com Inc. executive who announced his departure this week, has landed at Bessemer Venture Partners. Blackburn will be a partner at the venture capital firm, which made early investments in Shopify Inc., Pinterest Inc., ...
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CBS Boston
The American Rescue Plan also features increased unemployment benefits, a higher child tax credit and a $15 minimum wage, as well as billions more dollars to stop the spread of COVID-19. These and other programs ...
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KARK
Fat may be high in calories. But it's a necessary nutrient. If you cut all the fat out of your diet, you probably won't feel satisfied and may overeat later on. Plus, some fats improve your health and may even help you slim down.
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