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Boeing Profits Slide in First Quarter as Pandemic Weighs

The Boeing Company (NYSE: BA) stock jumped more than 8 percent Wednesday after it has reported first-quarter financials. The major manufacturer of commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch...

Conduent Collaborates with Amazon Web Services to Help Government Improve COVID-19

Conduent Incorporated (NASDAQ: CNDT) announced Thursday that its disease surveillance and outbreak management platform, Maven®, is now available on Amazon Web Services (AWS). According to the Company, the Maven solution was recently configured to...

U.S. Gold Corp. Updated Economics of the Copper King Deposit

U.S. Gold Corp. (NASDAQ: USAU) stock jumped more than 120% Tuesday after the gold exploration company announced that it has internally updated the economics of the Copper King deposit to reflect the recent rise in gold prices.  Mine Development...

Boeing to Suspend Production at its Puget Sound Facilities Due to COVID-19 Pandemic

The Boeing Company (NYSE: BA) is one of the companies that suffered most losses from the COVID-19 pandemic. The stock of the Company fell to about $105 a share (as of Monday) from highs of $315 a share just one month ago. On Friday, the Company...

The Federal Reserve Cuts Rates to Near Zero, Markets Fall

The financial markets in freefall Monday morning after the Federal Reserve announced on Sunday that it slashing interest rates by a full percentage point to near zero and said it would buy $700 billion in Treasury securities. This is an...

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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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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...

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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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Staff Picks

General Mills Announces First Quarter Financial Results

Shares of General Mills, Inc. (NYSE: GIS) are down about 2% on Wednesday after the food manufacturer posted mixed first quarter financial results. The Golden Valley, Minnesota-based Company said net sales declined 2% to USD 4.003 Billion during...

Oil Prices Rise after Attacks on Saudi Arabia Facilities

Oil prices witnessed a sharp rise over the weekend after Saudi Arabia’s oil facilities were attacked during pre-dawn hours on Saturday. The attacks eliminated more than half of the crude output from the world’s largest exporter. Drone attacks...

Kraft Heinz Slips as 3G Capital Cuts Stake

Kraft Heinz Company (NASDAQ: KHC) stock fell as much as 3.8% on Tuesday after its second-largest shareholder 3G Capital Partners sold more than 25 million shares in the American food giant. The Brazilian private equity firm, founded by Jorge...

Tens of Thousands of GM Auto Workers Go on Strike

The United Auto Workers union (UAW) went out on strike against General Motors Company (NYSE: GM) Sunday night, marking the first work stoppage in the U.S. auto industry in more than a decade. Nearly 50,000 workers stepped out at 31 GM factories...

U.S. Consumer Prices Rise a Slight 0.1% in August

Consumer prices slowed in August, reflecting a sizeable drop in the cost of gasoline and other energy products. The Consumer Price Index (CPI), which measures what Americans pay for items from fruits and vegetables to medical services, rose a...

New York City Sues Chipotle, Alleging Labor Law Violations

Chipotle Mexican Grill, Inc. (NYSE: CMG) is being sued by New York City Mayor Bill de Blasio’s administration, the Department of Consumer and Worker Protection (DCWP) announced Tuesday. The restaurant chain is allegedly violating a city labor law...