October 26, 2020
“Ant Group would raise $34.5 billion in its dual initial public offering after setting the price for its shares on Monday, making it the biggest listing of all time. The Chinese financial technology giant previously said it would split its stock… Continue Reading…
October 19, 2020
“Ford Motor Co, an American multinational automaker, said its vehicle sales climbed 25% in the third quarter of this year, the biggest year-over-year increase since 2016, as demand gradually recovered… Ford and its joint ventures, Changan Ford, JMC and Ford… Continue Reading…
June 17, 2020
“Delinquencies among borrowers for past-due mortgages are soaring, a sign that Americans are struggling to pay their bills amid a wave of layoffs and lost income from the coronavirus pandemic. Mortgage delinquencies surged by 1.6 million in April, the largest… Continue Reading…
May 21, 2020
“When Spotify CEO Daniel Ek announced the $340 million acquisition of podcast companies Gimlet and Anchor in February 2019, he declared that Spotify’s mission was to become to the world’s leading audio—not just music—platform. In a blog post titled “Audio-First,” … A year later,… Continue Reading…
December 9, 2019
“Gainers Genesco Inc. GCO 5.5% rose 32.3% to close at $48.82 on Friday after the company reported upbeat Q3 earnings and issued strong FY20 EPS forecast. Big Lots, Inc. BIG 6.18% gained 31.6% to close at $25.21 after the company reported upbeat results for… Continue Reading…
September 26, 2019
“General Motors shares jumped 1.8% after the bell following a CNBC report that the automaker and United Auto Workers union are nearing a tentative agreement that could end the union’s ongoing strike… Shares of KB Home reached a year-to-date high Wednesday but slid as much… Continue Reading…
May 7, 2019
…Services-providing jobs increased by 223,000 in April, led by a gain of 59,000 positions in professional and business services. Education and health services companies added 54,000 jobs while employment within the leisure and hospitality industry expanded by 53,000. Goods-producing jobs… Continue Reading…
March 25, 2019
“Federal Reserve Chairman Jerome Powell‘s assertion this week that the U.S. economy remains strong is facing a stern test from the bond market, which showed a classic recession sign Friday morning. Short-term government fixed income yields are now ahead of… Continue Reading…
March 12, 2019
“… IBM said it would buy cloud computing firm Red Hat for $34 billion — the largest software deal in history. Red Hat, which facilitates the movement of data across various cloud platforms, is an industry leader. Dimitris Mavrakis, research… Continue Reading…
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