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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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Carnival Stock Sinks on Guidance Trim

Carnival Corp. (NYSE: CCL) on Thursday posted third quarter 2019 results that outpaced both revenue and earnings estimates. However, shares are down about 8% on the day after...

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Stitch Fix Stock Sinks on Weak Outlook

Shares of Stitch Fix, Inc. (NASDAQ: SFIX) are down about 12% on Wednesday after the Company surpassed fourth quarter earnings expectations, but provided a softer-than-expected first quarter...

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