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Trans World Entertainment Announces Plans to Sell FYE Chain for USD 10 Million

The Trans World Entertainment Corporation (NASDAQ:TWMC) announced today that its board of directors has agreed to sell the For Your Entertainment (FYE) segment for USD 10 million in cash to Sunrise Records and Entertainment Ltd. in Canada. The...

IBM Reports 2019 Fourth-Quarter and Full-Year Financial Results

Today IBM (NYSE:IBM) announced its fourth-quarter and full-year 2019 financial results. International Business Machines reported surprise growth in quarterly revenues and higher than expected earnings as well as revenues, driven by accelerated...

Central Banks Partner to forward Digital Currencies

On Tuesday, the European Central Bank announced that a group of central banks will join forces to forward central bank digital currencies (CBDC), amongst discussions about the future of money and its control.  The Bank of Canada, the Bank of...

Netflix Opens Paris Office and Announces New Local Content

Netflix, Inc. (NASDAQ: NFLX) announced Friday the celebration of the opening of its new Paris office in the heart of the 9th arrondissement. The Company emphasizes its commitment to France’s creative community, as over 20 French productions in...

Microsoft Announces Plans to Be Carbon Negative by 2030

Microsoft Corporation (NASDAQ:MSFT) today announced its plan to be carbon negative by 2030. The Company’s ambitious goal is to significantly reduce and ultimately erase its carbon emission.  Chief Executive Officer of Microsoft, Satya Nadella,...

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Target Shares Surge on Earnings

Target Shares Surge on Earnings

Target Corp. (NYSE: TGT) on Wednesday delivered third quarter earnings and sales that topped analysts’ estimates, sending shares up more than 9% at market open. The retailer said revenue grew 4.7% year-over-year to USD 18.67 Billion, beating...

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Target Shares Surge on Earnings

Target Corp. (NYSE: TGT) on Wednesday delivered third quarter earnings and sales that topped analysts’ estimates, sending shares up more than 9% at market open. The retailer...

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Target Shares Surge on Earnings

Target Corp. (NYSE: TGT) on Wednesday delivered third quarter earnings and sales that topped analysts’ estimates, sending shares up more than 9% at market open. The retailer said revenue grew 4.7%...

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Gold Prices Modestly Gain on Tuesday

Gold prices were lifted higher on Tuesday after erasing losses during early morning sessions. December gold futures gained USD 1.20 per ounce to USD 1,473.10 during late afternoon sessions. Early...

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Staff Picks

Altria Cuts Value of Juul Stake by USD 4.5 Billion

Tobacco giant Altria Group, Inc. (NYSE: MO) on Thursday said it took a USD 4.5 Billion hit from its investment in electronic cigarette maker Juul Labs Inc. amid proposed U.S. bans on e-cigarette flavors and regulatory crackdowns abroad. Altria...

J&J Says 15 Tests Indicate No Asbestos in Baby Powder

Shares of Johnson & Johnson (NYSE: JNJ) opened more than 3% higher on Wednesday after the company reported that 15 new tests from the same bottle of Johnson’s Baby Powder previously tested by the U.S. Food and Drug Administration (FDA) found...

T-Mobile Stock Falls on Earnings Beat, Revenue Miss

Shares of T-Mobile US, Inc. (NASDAQ: TMUS) are down about 1% on Tuesday after the company beat third-quarter earnings expectations but announced revenue that fell shy of estimates. The wireless network operator said net income was USD 870...

GFL Looks to Raise up to USD 2.4 Billion in an IPO

Canadian waste hauler GFL Environmental Inc. plans to raise up to USD 2.4 Billion in an initial public offering, marking one of Canada’s largest-ever IPO’s. The Vaughan, Ontario-based company on Wednesday said it has been approved for listing on...

Snap Tops Q3 Estimates, Falls on Weaker Guidance

Snap Inc. (NYSE: SNAP) reported its third quarter financial results on Tuesday during aftermarket hours. The Company topped analysts’ estimates, but shares fell by 1% during extended trading hours after reporting a weaker-than-expected guidance....