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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% year-over-year to USD 18.67 Billion, beating...
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 morning on Monday, gold erased losses from earlier...
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Hong Kong Market Rebounds on Trade Talks After Violent Week
Hong Kong’s Hang Seng index tumbled last week by as much as 1,300 points or 4.7% as the protests continued to escalate and as the U.S.-China trade war continued to pound on...
Coty Buys Majority Stake in Kylie Cosmetics
Shares of beauty giant Coty Inc. (NYSE: COTY) are up about 2% on Monday after the company announced it will take a majority stake in Kylie Cosmetics. The deal, expected to...
U.S. Consumer Prices Rise 0.4% in October
Consumer prices rose a seasonally adjusted 0.4% in October, the Labor Department said Wednesday. Households paid more for energy products, healthcare, food and a range of other...
Samsung Announces Galaxy 5G Smartphones Sales
Samsung Electronics provided statistics Friday regarding the sale numbers of the Company’s 5G smartphone devices. According to the giant electronics manufacturer it has sold...
Dow Continues Rally into the New Year
U.S. markets continued to rally heading into New Year on Thursday morning. The Dow Jones Industrial Average was lifted by 170 points or 0.6% shortly before the opening bell on...
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Is the European Union the Next Front in Trump’s Trade War?
Since Trump arrived at the White House, transatlantic relations have been on a rough path.
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%...
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...
Home Depot Misses Revenue Estimates, Cuts 2019 Outlook
Shares of Home Depot, Inc. (NYSE: HD) are down about 5% on Tuesday after the company cut its 2019 forecast and reported same-store sales that fell short of estimates. Home Depot also posted...
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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...
Blockchain Startup CasperLabs Raises USD 14.5 Million to Solve “Scalability Trilemma”
Blockchain startup CasperLabs said it has raised USD 14.5 Million in a Series A funding round led by international financier Terren Piezer, via his Los Angeles-based investment company, Acuitas Group Holdings. “I’ve been following and studying...
Amazon to Host Nationwide Career Day to Fill 30,000 Roles
Amazon.com, Inc. (NASDAQ: AMZN) is hosting a Career Day later this month as the Company seeks to fill 30,000 permanent positions across the U.S. The e-commerce giant said it will host six Career Day events on September 17 located in Arlington,...
U.S. Hiring Slows Down, Unemployment Remains Steady
The U.S. economy gained 130,000 new jobs in August, short of economists’ forecast of 150,000. This increase includes the temporary employment of 25,000 workers hired by the federal government in preparation for the 2020 census. Businesses added...
Lululemon Stock Rises on Strong Second Quarter Results
Shares of Lululemon Athletica Inc. (NASDAQ: LULU) are up nearly 6% Friday morning after the apparel retailer delivered better-than-expected second quarter earnings and sales. The Vancouver-based Company said revenue grew 22% year-over-year to USD...
Binance Labs Leads USD 5.7 Million Series A for Blockchain Maker Dapix
Binance Labs, the venture arm of global cryptocurrency exchange Binance, said on Thursday it led a USD 5.7 Million funding round to launch a new decentralized blockchain protocol, the Foundation of Interwallet Operability’s (FIO). Along with...