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Tuesday, August 11, 2020
Investors might want to take their shot at Target.One of 2019's best-performing retail stocks with an impressive 94% annual gain, Target is off to a rocky start in 2020, plunging over 6.5% on Wednesday after reporting weaker-than-expected holiday sales. That brings Target's total year-to-date loss to roughly 9%....
From skin in the game to ass on the phone. Here’s Nassim Nicholas Taleb flipping out about elementary critical reasoning at a Tesla customer service rep after somehow pocket-dialing a software upgrade. "Make sure that you are in a situation where the constant mistakes are small and can be...
Lake Shore Bancorp (NASDAQ:LSBK) shares have retraced a considerable in the last month, but the stock is still up slightly on where it started the quarter. Zooming out, the recent drop wiped out a year's worth of gains, with the share price now back where it was a...
A peacock in Ranthambore, India.Travelographer 1 | 500px Prime | Getty ImagesIn what's become a right of passage in the world of media and entertainment, Comcast's NBCUniversal will unveil Peacock, its new video streaming service, during the company's investor day Thursday in New York.Peacock is the last of...
CNBC's Jim Cramer on Wednesday laid out a list of stocks that can ride off into the sunset after the United States and China finally settled on a trade deal, which could be the first in a series of agreements.As part of the initial compromise to quell a...
SINGAPORE, Jan. 16, 2020 /PRNewswire/ -- NewX Pte. Ltd. (NewX Energy) and Bintan Power Plant Group(PTBPP) have signed a joint venture agreement whereby NewX will exclusively provide technology infrastructure and related services for projects worth US$2.6 billion.Christien New, PTBPP Group chairman and the founder of NewX Energy.MoreNewX will...
U.S. rate-setters could set negative interest rates in the future, despite their own current doubts about the risks of this unconventional measure, Goldman Sachs told CNBC Wednesday.When central bankers implement negative interest rates, it means that banks, for instance, are paying to store cash. The idea behind it...
Uber CEO Dara KhosrowshahiPatrick T. Fallon | Bloomberg | Getty ImagesGoldman Sachs sold its entire stake in ride-hailing giant Uber in the fourth quarter, according to a person with direct knowledge of the move.The sale, which likely resulted in a large gain for the early investor in Uber,...
NEW YORK (Reuters) - Investor Jeffrey Ubben, already betting there is money to be made from coaxing corporations into being better citizens, gained an ally on Tuesday when BlackRock Inc chief Laurence Fink told companies to tackle climate change or face his wrath. FILE PHOTO: Jeffrey Ubben, Founder...
XPO Logistics is testing the waters to unlock more value by breaking off as many as four of its business units, CEO Bradley Jacobs told CNBC Wednesday.Wall Street is undervaluing the global logistics company and the four segments will stand better alone as smaller pure plays, he said...

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