Month: May 2019

Aramark Holdings: “Did not like that last quarter. They’re in the penalty box. We’re gonna skip that one.” California Resources: “Stay away. It’s a fossil fuel company that we don’t like. We’re recommending very few of those.” Medifast: Sell it. “No. Planet Fitness, my friend. “ Annaly Capital Management: “No. All they do is they
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Federal Reserve Chairman Jerome Powell holds a news conference following the two-day Federal Open Market Committee (FOMC) policy meeting in Washington, U.S., March 20, 2019. Jonathan Ernst | Reuters Federal Reserve officials speaking at a policy conference may get a lot more attention than usual in the week ahead after President Donald Trump’s latest tariff
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As the nation’s heartland endures heavy rainfall, catastrophic flooding and deadly tornadoes, homeowners elsewhere shouldn’t assume they are out of harm’s way. Now is the time to evaluate any risk for potential summer storm damage. The Atlantic hurricane season runs from June 1 through Nov. 30. And although the National Oceanic and Atmospheric Administration predicts
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In this photo illustration Levi’s 501 blue jeans by U.S. clothing manufacturer Levi Strauss are seen on March 8, 2018 in Berlin, Germany. U.S. President Donald Trump has promised to sign into law tariffs on imported steel and aluminum today and the European Commission has vowed to retaliate with tariffs on Levi’s jeans, Kentucky bourbon
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SAN FRANCISCO, CA – SEPTEMBER 25: Dell CEO Michael Dell delivers a keynote address during the 2013 Oracle Open World conference on September 25, 2013 in San Francisco, California. The week-long Oracle Open World conference runs through September 26. (Photo by Justin Sullivan/Getty Images) Justin Sullivan | Getty Images News | Getty Images Dell Technologies
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KUALA LUMPUR (May 31): Malaysia’s exports in April are likely to have eased for the third successive month, declining at a faster annual pace than in March, a Reuters poll showed on Friday. The median forecast among the 11 economists surveyed was for exports to fall 1% in April from a year earlier, quicker than
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Art Peck, president and chief executive officer of Gap Inc. David Paul Morris | Bloomberg | Getty Images Gap Inc. shares tanked Thursday after the apparel retailer reported quarterly earnings and sales short of Wall Street estimates. Its shares cratered more than 10% in after-hours trading, having closed the day at a fresh low of
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Uber reported earnings for its first time since its public market debut earlier this month, reporting revenue at the top end of its preliminary estimates and roughly matching analyst estimates for net losses. The stock barely moved on the news of the report but rose more than 3% during executives’ call with analysts as they
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KUALA LUMPUR (May 30): Persatuan Pemandu Aplikasi Malaysia (PPAM), a non-profit organisation today urged all e-hailing companies to enhance the safety features of drivers following the recent Grab driver murder Mohammad Hanafiee Jaafar in Sabah. Its secretary, Mohamad Nor Hamzah said this includes upgrading the security features of the SOS (emergency) button with continuous monitoring
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As Uber prepares to report its quarterly earnings for the first time as a public company, investors and analysts will be looking for signals to answer one question: Will Uber ever become profitable? The ride-hailing company reports earnings after Thursday’s closing bell. It has already projected a net loss of at least $1 billion for
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