Tuesday, May 18, 2021

Google Alert - finance

Google
finance
As-it-happens update May 18, 2021
NEWS
Reuters
NEW YORK (Reuters) - Oil settled lower on Tuesday, tumbling from a two-month high after media reports said the United States and Iran have made progress on reviving a deal restricting the OPEC country's nuclear weapons development, which would boost ...
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The New York Times
The country relies less on foreign oil than it used to, but pipelines and grids are increasingly vulnerable to cyberattacks and extreme weather.
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Bloomberg
The lumber contract for July delivery fell $63 on Tuesday, the maximum permitted by the Chicago Mercantile Exchange, with the price sinking to $1,264 per 1,000 board feet. That's the seventh straight session of falling prices for the futures contract, marking the ...
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The New York Times
The retailer expressed optimism after sales soared 56 percent in the first quarter, raising its forecast for the year as consumers begin to buy apparel for get-togethers.
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FierceBiotech
Two weeks after Sarepta reported new safety concerns in a Duchenne muscular dystrophy (DMD) clinical trial, the company says another gene therapy candidate has shown some early success and will be brought to the FDA for permission to kick off further ...
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CNN
Today, you'll find a deal on our favorite office chair, discounted apparel from Old Navy and savings on Allswell mattresses. All that and more below. Etsy. Etsy. Etsy. Just in time for the kickoff of summer, some of your favorite makers on Etsy are discounting ...
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Motley Fool
Shares of recent IPO Snowflake (NYSE:SNOW) jumped 6% through 2:30 p.m. EDT trading Tuesday on mixed but mostly positive news out of Wall Street. On the one hand, investment bank Jefferies cut its price target on the cloud-computing company to $235 ...
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Pensions & Investments
The transition will take effect Aug. 1. T. Rowe Price, Baltimore, took the action to deliver services to sponsors and participants at "an accelerated rate," Kevin Collins, head of retirement ...
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Motley Fool
Are television production companies worried about cable TV's cord-cutting headwind? They may have been at one point in time. Not so much anymore though. Indeed, they may now even be embracing the paradigm shift, with the advent of streaming leaving ...
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Bloomberg
The plant-filled Le Pavillon will have options for commuters heading to Grand Central Station next door. By. Kate Krader. May 18, 2021, 12:45 PM PDT. Le Pavillon's bar comes with a singular New York view. Photographer: Thomas Schauer ...
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Bloomberg
Without the cash flow from WarnerMedia, AT&T said Monday that it will lower its dividend payout ratio to 43% of cash flow. That translates into to about $9 billion annually, down from $15 billion before, according to Colby Synesael, an analyst with Cowen & Co.
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Reuters
Boeing, which said it had seen a letter from DeFazio and Larsen and would respond, last week won approval from the FAA for a fix of an electrical grounding issue that had affected 109 737 MAX airplanes worldwide.
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Motley Fool
Lordstown Motors (NASDAQ:RIDE) shareholders haven't had a great ride so far in 2021. The stock is down 50% year to date. And that is after shares have soared almost 30% in the last week. That includes a more than 20% jump today, as of 3:50 p.m. EDT.
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Barron's
Short interest — which is essentially the number of shares borrowed and sold short by investors who believe the stock price will fall — was greater than 30%, back in 2019. The average short interest ratio for stocks in the S&P 500 is more like 2%. Investors were ...
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Supermarket News
Getting a lift from its omnichannel positioning, Walmart posted robust U.S. sales gains in its fiscal 2022 first quarter despite tough comparisons to last year's surge in consumer stockpiling purchases sparked by the outbreak of COVID-19. For the quarter ended ...
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Reuters
NEW YORK (Reuters) -Stock indexes globally were flat to higher on Tuesday with technology shares recovering on Wall Street, while the U.S. dollar touched its lowest level since late February. FILE PHOTO: The German share price index DAX graph is ...
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Barron's
Take-Two (ticker: TTWO) reported fiscal fourth-quarter net income of $218.8 million, which amounts to $1.88 a share, compared with net income of $122.7 million, or $1.07 a share a year ago. Revenue rose 9% to $839.4 million.
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CNBC
In 2020, the amount of equity borrowers could take out of their homes, or so-called tappable home equity, hit a record $7.3 trillion. And yet, getting that cash isn't always easy. watch now. VIDEO2:0602:06. Renovation projects take a dive despite record home ...
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NPR
Rebecca Ametrano and Dan Johnson are newlyweds thinking about having kids. So they wanted to buy their own house or a condo. But since January they've been getting outbid by other buyers. "You imagine your life in this house, you put in an offer and ...
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Bloomberg
Research shows algorithms struggle to identify people of color · Police use technology to match suspects to photo databases ...
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Barron's
Lambo buyers probably aren't thinking about electric range, gasoline costs, and even carbon emissions. There aren't that many Lamborghinis around—roughly 10,000 are sold a year. Lamborghini is more comparable to LVMH Moët Hennessy Louis Vuitton ( ...
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Fox Business
According to Elliptic's report, approximately 47% of victims paid a ransom to Darkside, with an average payment of about $1.9 million. The firm added that Darkside was on track for a record month for ransom payments in May before deciding to shut down ...
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PRNewswire
NORTHFIELD, Ill., May 18, 2021 /PRNewswire/ -- At a time when healthcare has never been more aware of the importance of high quality, reliable respiratory products, Medline today announced its intentions to acquire a significant portion of the Hudson ...
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Fox Business
North Dakota Sen. Kevin Cramer argues America will lose it's energy independence and national security if lawmakers don't invest in cyber security. Achieving the Biden administration's and other world leaders' ...
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TechCrunch
The event begins Friday, May 22nd and runs through mid-July, with streams from brands like Abercrombie and Fitch, Bobbi Brown, Clinique, Sephora, Dermalogica, Alleyoop, and Zox. The events ...
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CNBC
Bank of America said it it raising the minimum hourly wage it pays employees to $25 by the year 2025. The second-biggest U.S. bank by assets also said that vendors would be required to pay workers at least $15 an hour. "A core tenet of responsible growth is ...
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Barron's
DailyPay, a fintech that helps workers access their wages in real time, has raised $500 million in capital. The $500 million includes a $175 million Series D, led by Carrick Capital Partners; existing investors, including RPM Ventures, participated, a statement ...
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Transport Topics Online
The ATA's advanced Seasonally Adjusted (SA) For-Hire Truck Tonnage Index for April—at 114.7 (2015=100)—dropped 0.3%, from March to April, following a 2.3% gain, from February to March, which was upwardly revised from an original reading of a 5.1% ...
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PRNewswire
IRVINE, Calif., May 18, 2021 /PRNewswire/ -- Bun-mayo-chicken-pickle-bun. Sound familiar? It should to most who have ever ventured into the sea of chicken sandwich sameness. That's why Taco Bell is providing fans with a different way to enjoy chicken, ...
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American Banker
For years, financial services firms have said they want their apps to be as intuitive as Uber's ride-hailing app. But Stephanie Cohen, global co-head of consumer and wealth management at Goldman Sachs, says this was not on her mind when she hired ...
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NBC Chicago
The driver denied he had been asleep at the wheel, but acknowledged that he was "tired" at the time he was pulled over. Published 1 min ago • Updated 9 seconds ago. Lucas Jackson | Reuters. A Tesla logo on a Model S is photographed inside of a Tesla ...
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Pharmacy Practice News
By Gina Shaw. The Health Resources and Services Administration (HRSA), which oversees the federal 340B Drug Pricing Program, has directed six drug manufacturers to immediately resume providing 340B discounted pricing to contract pharmacies without ...
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Nextgov
The popularity and value of virtual currencies like Bitcoin and Ethereum have soared in recent months—and nearly simultaneously, reports of cryptocurrency investment scams flooded into the FTC at record levels. "We often look for ...
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TechRepublic
Canalys attributed the higher spending to a greater focus on digital transformation projects during the coronavirus pandemic. With the economy recovering from last year's slowdown, many large enterprises and other organizations have been restarting cloud ...
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Atlanta Business Chronicle
Danny Berlin, Google' director of software engineering, says the company is building out its Atlanta office because of the city's positioning as a hub for the Southeast, reputation for innovation and tech talent pool. The ...
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American Banker
WASHINGTON — The Office of the Comptroller of the Currency on Tuesday halted the implementation of its 2020 rule overhauling the Community Reinvestment Act. "The OCC has determined that it will reconsider the June 2020 rule," the agency said in a ...
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Pensions & Investments
Global investor sentiment on the economy remains unambiguously bullish, according to Bank of America's May Global Fund Manager Survey. Of the 194 fund managers overseeing a total of $592 billion in assets surveyed, 69% said they expect "above-trend" ...
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CNN
During the coronavirus pandemic, Capital One added a limited-time bonus category on popular streaming services to its Savor credit cards. On Tuesday, the issuer made those changes permanent, and at the same time increased the bonus cash back rates ...
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nj.com
Billed as a restaurant with classic steakhouse fare that incorporates New Jersey fresh produce and Philadelphia influences, Bobby Flay Steak opened at the Borgata in 2006 with a dining room adorned with wine displays and wood paneling.
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Bloomberg
CVS Health Corp. named Shawn Guertin chief financial officer, bringing the former Aetna executive back as part of new Chief Executive Officer Karen Lynch's management team. Guertin was supposed to assume the role when CVS acquired Aetna in 2018, ...
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syracuse.com
WASHINGTON — Federal health officials are releasing $3 billion to help states cope with rising substance abuse and mental health impacts of the coronavirus pandemic. The money approved by Congress in President Joe Biden's coronavirus relief bill will be ...
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Cincinnati.com
"Since the jackpot was last won on February 16, there have been more than 16.4 million winning tickets at all prize levels, including 26 worth $1 million or more," officials said.
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NBC Southern California
Orange County qualified Tuesday for a move to the state's least restrictive tier for reopening. The county can officially enter the yellow tier Wednesday. The case rate as of Tuesday is 1.4 per 100,000 and the positivity rates are 0.9%. Download our mobile app ...
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National Post
A study published recently and led by health experts in the United Kingdom found delaying the second dose of the Pfizer COVID-19 vaccine resulted in a stronger antibody response. The results found antibodies were three-and-a-half times higher when the ...
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Fox News
The 2021 Toyota Rav4 Prime is the first plug-in hybrid version of the compact SUV and Fox News Autos Editor Gary Gastelu says it may be the best of the bunch. Toyota ...
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CBC.ca
Nathalie Landry, the executive vice-president for scientific and medical affairs for Quebec City-based Medicago, said the vaccine appears to produce 10 times the antibodies as are seen in people who have had COVID-19.
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Investor's Business Daily
Twilio (TWLO) agreed to buy business text messaging firm Zipwhip for $850 million in cash and stock as its acquisition spree continues. Twilio stock rose on the Zipwhip deal, which is expected to close by year end. San Francisco-based Twilio announced the ...
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AustinTexas.gov
Stage 2 recommendations include the following: Fully vaccinated individuals can participate in indoor and outdoor private gatherings and dine and shop without precautions if allowed by the business. Partially vaccinated or unvaccinated individuals can ...
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Royal Caribbean Blog
Carnival Cruise Line President Christine Duffy said in an interview with NBC Nightly News the cruise line is working with the CDC to gain permission to restart sailings in July, which will carry no vaccine mandate for passengers in order to sail.
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City A.M.
About a dozen managing directors at Credit Suisse have recently left the banking giant or are in the process of doing so, with most of them poached by rivals including Barclays, Goldman Sachs and Citibank. Moreover, a range of senior bankers are expected ...
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