Intesa Sanpaolo launches €4.9bn bid to buy UBI Banca

START TRADING NOW OR TRY A FREE DEMO ACCOUNT Intesa Sanpaolo launches €4.9bn bid to buy UBI Banca < Intesa Sanpaolo, Italy’s biggest domestic lender, has launched a €4.86bn ($5.26bn) takeover bid for its rival UBI Banca in an audacious attempt to kick-start consolidation in Italy’s fragmented banking sector. Just before midnight on Monday local […]

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Alstom Confirms Talks On Potential $7 Billion Bombardier Deal

French train maker Alstom (PA:ALSO) has confirmed it is in talks on the possible acquisition of the train business of Canada’s Bombardier (TO:BBDb), a potential $7 billion deal that could help it build scale in the increasingly competitive rail sector. A deal could be important for Alstom, maker of the TGV bullet trains which speed […]

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Tesla Resume Production In Shanghai

◊ Tesla Production In Shanghai ◊ ⇑⇓ StockMarketNews.Today ⇓⇑ U.S. electric carmaker Tesla‘s factory in China’s financial hub of Shanghai will resume production on Feb. 10 with assistance to help it cope with a spreading epidemic of coronavirus, a Shanghai government official said on Saturday. Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic […]

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Amazon Says It Will Create 15,000 Jobs In Bellevue

StockMarketNews.Today — Amazon said it expects to bring the 15,000 jobs to Bellevue over the next few years. More than 2,000 employees currently work in Bellevue, and the company has about 700 job openings in the city. The company opened its first office building in Bellevue in 2017. The city is also where Amazon got […]

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Ferrari Tempers 2020 Expectations With Cautious Upgrade

Today’s Stock Market News — Demand for Ferrari’s Portofino and 812 Superfast models helped the Italian supercar maker hit profit targets for last year though it only a provided cautious upgrade to its outlook for 2020. Ferrari (NYSE:RACE) said it planned to boost adjusted earnings before interest, tax, depreciation and amortization (EBITDA) to 1.38 billion-1.43 […]

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Stock Market: Microsoft Earnings Preview

♦Microsoft Earnings Preview♦ Stock Market —- Microsoft Stock Forecast 2020 * Reports Q2, 2020 results on Wednesday Jan. 29, after the market close * Revenue Expectation: $35.67 billion * EPS Expectation: $1.32 When Microsoft Corporation (NASDAQ:MSFT) releases its latest quarterly earnings today, it will provide investors with confidence that one of the bull market’s dominant […]

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Trading News: 3 Things Under the Radar This Week

Trading News — There’s an ominous technical indicator hovering over the U.S. dollar, which could mean a move away from the greenback. But don’t go looking for value in bitcoin, according to one fund manager speaking at the World Economic Forum in Davos, Switzerland this week. Meanwhile, as lower interest rates have been a boon […]

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Visa To Buy Fintech Plaid in $5.3bn Deal

♦ Visa To Buy Fintech Plaid ♦ Visa agreed to acquire Plaid, a group that connects fintech companies with their customers’ bank accounts, for $5.3bn in the latest large tech-focused deal by the payments company. The acquisition of the Silicon Valley company, which is backed by high profile tech investors including Mary Meeker and Andreessen […]

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Boring Co’s Las Vegas Tunnel To Be Operational In 2020

⇑⇓ STOCK MARKET NEWS TODAY — BUSINESS & FINANCIAL NEWS ⇓⇑ StockMarketNews.Today — Elon Musk, founder of tunneling enterprise Boring Company, said in a tweet that a commercial tunnel in Las Vegas would “hopefully” be fully operational in 2020. “Boring Co is completing its first commercial tunnel in Vegas, going from Convention Center to Strip, […]

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Diamond Crisis Gets Worse For Global Giant De Beers

The diamond industry is in crisis as De Beers’s buyers grow increasingly frustrated with the cost of rough stones as the price of polished gems slump. That’s led to wafer-thin margins and losses for some of the traders that buy stones from De Beers and Russian rival Alrosa PJSC. De Beers sales so far this […]

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UniCredit To Cut 8,000 Jobs

UniCredit intends to cut roughly 8,000 jobs, or around 9% of total workforce, and close about 500 branches through 2023 as it targets gross savings of €1 billion in Western Europe. Its plan offers an insight into the headwinds facing Europe’s largest lenders, as low rates, stringent regulation and greater competition from U.S. rivals dent […]

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Uber Loses License to Operate in London

⇑⇓ Today’s Stock Market Quotes ⇓⇑ Uber can continue to operate in the city through an appeals process that could take months. Still, the public reproach over a loophole in Uber’s software threatens to further shake trust in the platform here and elsewhere. Uber has long found itself in the crosshairs of authorities around the world over […]

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Saudi Aramco Valuation Set At Up To $1.7 Trillion

◊ Stock Market News ( Today – 17/11/2019 ) ◊ Saudi Aramco has set a price range for its listing that implies the oil giant is worth between $1.6 trillion to $1.7 trillion, below the $2 trillion the Saudi crown prince had targeted but still making it potentially the world’s biggest IPO. Aramco said on […]

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Google Plans To Partner With Banks To Offer Checking Accounts

Google will soon offer checking accounts to consumers. The project, code-named Cache, is expected to launch next year with accounts run by Citigroup Inc. and a credit union at Stanford University, a tiny lender in Google’s backyard. Big tech companies see financial services as a way to get closer to users and glean valuable data. […]

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Aramco Kick-Started Its Initial Public Offering (IPO)

◊ Aramco IPO ◊ Saudi Arabia’s state oil company kick-started its initial public offering (IPO) on Sunday, announcing its intention to list on the domestic bourse as the kingdom seeks to diversify and create the world’s most valuable listed company. Aramco did not give a time frame or say how much of the company it […]

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Apple Revenue Rises

◊ Apple Stock Rises ◊ Apple Inc. reported revenue rose 1.8% in the September quarter to $64.04 billion behind a rise in sales of wearables and services such as apps, streaming-music subscriptions and mobile payments. Those gains helped offset a 9.2% decline in iPhone sales during the period. Profit fell 3% to $13.69 billion. That […]

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Fca-Psa Merger – Talks in Progress

◊ Fca Psa Merger Talks ◊ Sometimes they come back. Fca has resumed flirting with the French group Psa. After the rumors of ongoing contacts between the two groups, an official note confirms ongoing negotiations. Fiat Chrysler shares rose sharply after news of the talks and ended up more than 7.5% in U.S. trading. Investors […]

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Amazon Shares Fall 7%

◊ Amazon Stock Market News Today ◊ Amazon shares fell 7%, as revenue growth for the company’s lucrative cloud computing business slowed down in the third quarter, missing analysts’ estimates. Amazon beat expectations on overall third-quarter revenue, posting a sales rise of 24% to $70 billion. The news underscores the big investment Amazon is making […]

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Tesla Surprising Profit

◊ Tesla Stock Market News ◊ Tesla’s shares climbed 20% in after-hours trading. “We were able to make great strides in controlling our costs,” Chief Executive Elon Musk said in a call with analysts Wednesday. “Our operating cost is now the lowest level since Model 3 production started.” The company said trial production of its […]

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Boeing Profit Plunges

◊ Boeing Stock News Today ◊ Boeing cut production of its flagship Dreamliner and delayed the arrival of a successor to its 777 mini-jumbo Wednesday, piling new pressures on a rejigged senior management team as the continued safety grounding of its 737 MAX sliced third quarter profits. The world’s largest plane maker said it was […]

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SoftBank to Take Control of WeWork

◊ SoftBank Buy WeWork ◊ SoftBank Group Corp. won approval from WeWork’s board to take control of the troubled co-working startup, in a deal that would hand co-founder Adam Neumann nearly $1.7 billion and sever most of his ties with the company. WeWork, in danger of running out of cash in the coming weeks, chose […]

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Week Ahead: Brexit Deal Failure Will Rattle Markets

◊ The Week Ahead in Business and Finance ◊ The Week Ahead – Stock Markets All times listed are EDT. Sunday 21:30: China – PBoC Interest Rate Decision Monday 20:30: Australia – RBA Meeting Minutes: expected to provide additional insights into current—and possibly future—Aussie interest rate policy. Tuesday 8:30: Canada – Core Retail Sales: anticipated […]

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Coca-Cola Sales Rise

The company’s sales rose in large part thanks to variations on its namesake cola—including some that contain less sugar. A diet version called Coke Zero Sugar has grown 14% by volume globally so far this year, Mr. Quincey said. And unit sales of the company’s 7.5 oz “mini cans” have increased 15% this year in […]

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Apple Shares Hit New Record

Apple shares rose to an all-time high on Friday, returning to record levels. The stock rose as much as 1.6%, touching a new intraday peak of $233.82 at 9:58 a.m. in New York, exceeding the prior high set approximately 53 weeks ago. How To Buy And Sell Apple Shares The record is the culmination of […]

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Alibaba to Stop Sales of E-Cigarettes to U.S. Buyers

Alibaba Group Holding Ltd. is suspending sales of e-cigarettes and accessories to buyers in the U.S., citing concerns about underage vaping and a mysterious lung illness that has been linked to at least 23 deaths. How to Buy and Sell Alibaba Shares A sprawling black market for vaping products has complicated efforts of U.S. health […]

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Toys R Us Launches New Website and Teams with Target

◊ Toys R Us News Today ◊ Toys R Us is back in time for the holidays, but the bankrupt retailer‘s newly launched website is more of an online experience given that consumers can’t use it to make purchases. Instead, those ready to spend money are redirected to Target, which is powering ToysRUs.com. ⇓⇑ Stock […]

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Samsung Warns Its Profit Fell 56%

StockMarketNews.Today — The South Korean technology giant said Tuesday that it expects to make an operating profit of roughly 7.7 trillion Korean won ($6.5 billion) for the quarter that ended in September, down from 17.57 trillion Korean won ($14.7 billion) for the same period a year ago. But that forecast beat the 7.1 trillion won […]

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Google Wants to Buy Firework

• StockMarketNews.Today — Google is weighing a deal for Firework, a free smartphone app for users to share 30-second homemade videos with strangers. Like TikTok, Firework tries to surface viral, edited videos from unlikely sources, though Firework aims for an older audience than its better-known competitor out of China that is big among teens. How […]

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Johnson & Johnson Agrees to Settle Ohio Opioid Lawsuits

◊ StockMarketNews.Today — Johnson & Johnson on Tuesday said it has agreed to a $20.4 million deal to avoid a coming trial accusing the company of helping spark an opioid-addiction crisis in two Ohio counties. The settlement makes J&J the fourth drugmaker to reach such a deal ahead of the trial, slated to begin later […]

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Conagra Brands Beats Profit Expectations

◊ Conagra Brands – Stock Market News Today ◊ Conagra Brands Inc. reported gains in snack-food and frozen-meal brands in its latest quarter but continued to face significant competition for canned products like Hunt’s tomatoes. The maker of Orville Redenbacher’s popcorn, Peter Pan peanut butter and Healthy Choice meals Thursday reported $2.39 billion in sales […]

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Philip Morris & Altria End Merger Talks

Juul Labs Inc. said Chief Executive Kevin Burns is stepping down and will be replaced by an executive at tobacco giant Altria Group Inc., which owns a 35% stake in the e-cigarette maker. The San Francisco company, which faces a potential crippling U.S. ban on most of its products, said Mr. Burns will be replaced […]

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Business News Today USA: Walmart to Stop Selling All E-Cigarettes

♦ Business News Today USA ♦ … — Walmart Inc. said it would stop carrying the devices after it winds down its current inventory of e-cigarettes. It carries a variety of e-cigarette brands, including market leader Juul. “Given the growing federal, state and local regulatory complexity and uncertainty regarding e-cigarettes, we plan to discontinue the […]

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Stock Market News: Airbnb Says It Plans to Go Public in 2020

Airbnb is considering several nontraditional approaches to its public offering, including a direct listing, the people said. In a direct listing, a company lists shares on a public market without raising any additional capital. Airbnb said on Thursday that it planned to go public in 2020, becoming one of the last of a generation of […]

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FedEx Corporation – Shares Tumbled

Trade Online Without Risk With a Free Demo Account The shares tumbled 10% to $155.29 before the start of regular trading in New York on Wednesday. The drop wiped out FedEx’s year-to-date gain Blaming a weakening global economy, FedEx Corp. sliced its profit outlook in the latest sign that trade tensions are dragging down U.S. […]

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Boeing Co: U.S. Might Approve the 737 MAX to Fly

Boeing News Today – Stock Market News … — Boeing has said it expects the plane to be back in service, at least in some places, starting in the fourth quarter of this year, and the FAA could perform a certification flight as soon as next month. — Six months after the U.S. was the […]

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Gucci Sales Dropped in U.S.

◊ Gucci Stock News ◊ Gucci lost the top spot among luxury companies for social media engagement in March, according to Tribe Dynamics, and in July it reported its first quarterly drop in North American sales since early 2016. The retreat shows how luxury companies that thrive on Instagram and other social-media outlets can just […]

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10 Best Stocks to Buy { Second Half of 2019 }

< StockMarketNews.Today > … Stocks to buy in the second half 2019 … Here are 10 stocks to buy today { Second Half of 2019 } … Netflix iRobot Amazon.com Intuitive Surgical Alphabet Axon Enterprises Wayfair Facebook Constellation Brands Lululemon athletica  5 of the Best Stocks for Beginning Investors Let’s start with five that are particularly […]

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PG&E Reaches $11 Billion Settlement with Insurers over Deadly Wildfires

Deal Moves PG&E Closer to Bankruptcy Exit PG&E said it has reached an $11 billion settlement with insurance companies over wildfire claims, a significant step toward emerging from bankruptcy. The deal covers insurance carriers and hedge funds that were seeking compensation from PG&E for payouts insurers made to homeowners and businesses in connection with fires […]

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Apple’s Data Shows a Deepening Dependence on China

◊ Apple Stock News Today ◊ Tapping factories in Brazil and India has not lessened Apple Inc’s (AAPL) dependence on China, the company’s supply chain data shows, raising the stakes for the iPhone maker as U.S. President Donald Trump wages a trade war and promises more tariffs. Start Trading Now or Try a FREE Demo Account. Apple […]

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Amgen to Buy Celgene’s Otezla for $13.4 Billion in Cash

◊ Amgen News Today ◊ ♦ Amgen Buy Otezla ♦ Stock Market News ♦ … — Amgen Inc. said it has agreed to buy Celgene Corp. ’s psoriasis treatment Otezla for $13.4 billion in cash, in a deal that would pave the way for Bristol-Myers Squibb Co. to complete its acquisition of Celgene. Amgen said Monday […]

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Trump Orders U.S. Businesses to Find Alternative to China

{ Trade War and Tariffs – Stock Market News } … President Trump said U.S. companies were “hereby ordered” to start looking for alternatives to doing business in China after Beijing said it would impose tariffs on $75 billion worth of additional U.S. products. “Our Country has lost, stupidly, Trillions of Dollars with China over many years,” Mr. […]

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Home Depot Cuts Sales Forecast

{ Home Depot Cuts Sales Forecast – Stock Market News } … Home Depot Inc. lowered its sales forecast as the company warned that rising material costs as well as the potential effects of tariffs on U.S. consumers could weigh on growth. The home-improvement retailer said fiscal 2019 sales growth would increase by 2.3%, down from its previous […]

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Facebook Marketplace: The Dark Side of E-Commerce

• Stock Market News Today – Facebook Marketplace • … Facebook Inc. (FB) created an online flea market where users not only see all the bicycles, bird houses and BMWs for sale nearby, but also the names, profile photos and general locations of buyers and sellers. It is so popular that more than one in […]

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Kraft Heinz Shares Fall 15 Percent

◊ Kraft Heinz News Today – Stock Market News Today ◊ Kraft Heinz’s shares fell 13% to below $27. The stock is down 38% this year. Big food makers are under enormous pressure to improve their products and add new brands as consumers gravitate toward foods they perceive as fresher and healthier. General Mills Inc., […]

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Berkshire Hathaway Posts Rising Profit

Warren Buffett’s Berkshire Hathaway Inc. said second-quarter earnings rose due to unrealized investment gains, while the company’s cash pile grew to a record. Berkshire reported second-quarter net earnings of $14 billion, or $8,608 per Class A share equivalent, from $12 billion, or $7,301 a share, in the year-earlier period. Operating earnings, which exclude some investment […]

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Pfizer Agreed To Merge Its Off-Patent Drugs Business With Mylan

Pfizer and Mylan are betting that combining Pfizer’s off-patent business, called Upjohn, with Mylan—known for the EpiPen emergency allergy shot—will provide a pathway to reignite sales growth. Shareholders of Pfizer will own 57% of the new business and the rest of it will be owned by shareholders of Mylan. The new company is expected to […]

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Artificial-Intelligence: Microsoft Corp. To Invest $1 Billion In AI Startup OpenAI

Microsoft Corp. said Monday that it would invest $1 billion in artificial-intelligence startup OpenAI, as the software giant seeks to enhance its Azure cloud-computing platform. The companies said they would jointly develop supercomputing technologies for Azure, a fast-growing system that has helped propel Microsoft’s growth as the world’s most valuable public company. Microsoft and OpenAI […]

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Johnson & Johnson Quarterly Profit Jumps 42%

…< Stock Market News Today >… Johnson & Johnson hiked its full-year operational sales forecast as strong demand for its cancer drugs Darzalex and Imbruvica helped it beat estimates for second-quarter profit on Tuesday. Overall strength in J&J’s pharmaceuticals unit, bolstered by recent approvals for new treatments such as its cancer drug Erleada also helped […]

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Shell Aims To Become The World’s Largest Electricity Company

Shell aims to become the world’s largest electricity company without necessarily generating very much power… The Anglo-Dutch company last month detailed its plans to transform into a cleaner business centered on selling electricity. Hoping to capture the most profitable part of the business, Shell’s power strategy will be light on assets and focus on trading […]

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The FTC Has Voted To Approve Fining Facebook Roughly $5bn To Settle An Investigation Into The Company’s Privacy Violations

The FTC’s investigation was launched in March 2018 after the Observer revealed that the political consultancy Cambridge Analytica had improperly obtained the private information of more than 50m Facebook users. Facebook had agreed under a 2012 consent decree stemming from a previous FTC investigation into privacy concerns to better protect user privacy. The investigation centered […]

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What To Expect From Google Earnings?

(GOOGL) Google, has posted less than brilliant performance this year, its stock drastically underperforming its fellow FAANGs and the S&P 500. That disappointing performance reflects major headwinds facing the company that investors will focus intently on when it reports earnings later this month. Google Shooter – The Easiest Way To Make Money Online Those headwinds […]

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Oracle’s Revenue Beats Targets In Latest Quarter Adjusted… Profit Margin Hits Highest Level In Five Years

Oracle Corp. reported stronger-than-expected sales and beat profit targets for its latest quarter as the business-software giant’s fast-growing new businesses offset declining old ones. Oracle, a more than 40-year-old pioneer in business database management, has struggled to keep up with competitors as its customers put more of their data online and do more of their business […]

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Startup Adjust Raises $227 Million In Bet On Mobile Ad Growth

Adjust, a Berlin startup specializing in audience measurement and fraud prevention in mobile advertising, said on Wednesday it had raised $227 million to invest in expanding its platform and growing in new markets. The funding round, Germany’s second-largest this year after Berlin travel site GetYourGuide raised $484 million, was led by Eurazeo (PA:EURA) Growth, Highland […]

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Uber And Lyft Get Creative With Numbers… The Creative Accounting Of Today Is Reminiscent Of The Late 1990s Dot-Com Bubble

Uber Technologies Inc., Lyft Inc. and other big startups going public now have touted their new business models that disrupt old industries but lose historic amounts of money. To try to win over investors, they have also come up with unusual alternatives for measuring their performance. So far, investors aren’t buying it. START TRADING NOW […]

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Marriott International Inc., The World’s Largest Hotel Company, Posted Weaker Than Expected Revenue Growth

Marriott, the parent of hotel brands including Ritz-Carlton, Westin and Renaissance, said Friday that comparable systemwide revenue per available room rose 1.1% excluding currency fluctuations in the first quarter. RevPAR, which reflects pricing power, grew at a faster pace outside North America than it did on the continent, but both regions still missed Marriott’s outlook […]

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Uber And Lyft Drivers Strike For Better Pay

STOCK MARKET NEWS TODAY — FINANCIAL AND BUSINESS NEWS — SMN.TODAY —Finding an Uber or Lyft became harder in New York, Los Angeles and other major cities Wednesday as drivers went on a work stoppage to call attention to what they consider to be low wages and lack of job security. The protest came against […]

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Caterpillar Raises Dividend By 20 Percent To Record Payout

STOCK MARKET NEWS TODAY — Caterpillar will issue a record dividend for the second quarter, up 20 percent from its previous payout, and plans to further increase returns to shareholders over the next four years, the company said Thursday ahead of its investor day. The company said it is targeting at least high single-digit dividend […]

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Airbus Set To Replace Boeing As World’s Biggest Aircraft Maker

STOCK MARKET NEWS TODAY — Airbus said first-quarter adjusted profit rose sharply, driven by increased plane deliveries with the European plane maker on pace to overtake Boeing to become the world’s largest jetliner maker this year. START TRADING NOW OR TRY A FREE DEMO ACCOUNT Airbus said adjusted earnings before interest and taxes, stripping out […]

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Dunkin’ Launches New Breakfast Bowls

STOCK MARKET NEWS TODAY — The battle over breakfast has turned into an all-out war at fast-food chains. Dunkin‘ is the latest company to unveil a new creation to lure in customers in the wee hours. LEARN HOW TO MAKE $375 PER DAY SENDING SIMPLE EMAILS! Dunkin‘ said Monday that it has added two new […]

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Southwest Says Boeing Did Not Disclose Safety Issue

Stock Market News Today — Southwest Airlines says Boeing did not disclose that certain safety features on the troubled 737 Max aircraft were not “operable”, raising further questions about poor communication between the manufacturer and its customers ahead of its shareholder meeting on Monday. Southwest,the largest global carrier with 737 Max aircraft in its fleet, told […]

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Apple Held Talks With Intel About Buying Its Smartphone-Modem Chip Business

Stock Market News Today — Apple Inc. held talks with Intel Corp. about acquiring parts of its smartphone-modem chip business, according to people familiar with the matter, a potential multibillion-dollar deal that would accelerate the iPhone maker’s efforts to develop wireless technology for its devices. The talks started around last summer and continued for months before […]

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Uber Lowers Its Valuation Target

Stock Market News Today — Uber Technologies Inc. ratcheted down its target valuation to a range of about $80 billion to $90 billion for its initial public offering, according to people familiar with the matter. The ride-hailing giant is seeking to price its shares between $44 and $50 apiece, the people said. It aims to raise $8 […]

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Caterpillar Gains on Mining, Construction Strength… Machinery Giant Beat Revenue Expectations And Raised Prices

Stock Market News Today — Caterpillar Inc. beat revenue expectations for the first quarter, thanks to higher demand for its mining and construction equipment. The machinery giant’s improved sales suggest that at least some corners of the global economy may be stabilizing after signs of slower growth earlier this year. Investors had been concerned in recent quarters […]

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Kraft Heinz Names New CEO

Stock Market News Today – Kraft Heinz Co. named a new chief executive, hiring the chief marketing officer and a former leader of brewer Anheuser-Busch InBev SA BUD 0.27% to lead the giant foodmaker’s attempted turnaround after years of cost cuts and weak sales. Miguel Patricio will succeed Bernardo Hees as chief executive on July […]

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Nestle Confirmed It Expected Sales Growth To Exceed 3 Percent This Year

Nestle First Quarter Growth | BY AIDANA IBRAGIMOVA | STOCK MARKET NEWS TODAY | Food group Nestle confirmed it expected organic sales growth to exceed 3 percent this year after good momentum in the United States and China helped it post better-than-expected sales growth in the first three months. Consumers’ appetite for fresh, locally produced foods has […]

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Facebook And WhatsApp Working Again After Outages

Facebook And WhatsApp Outages | BY LEANDRO SANNA | STOCK MARKET NEWS TODAY | Facebook Inc (NASDAQ:FB) said it restored services on Sunday after some users could not access its social networking site, photo-sharing network Instagram and messaging app WhatsApp. However, Facebook did not specify the cause or scope of the outages. “Earlier today, some people may […]

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JPMorgan 1Q With Record Earnings

JPMorgan Record Earnings | BY KYRA MYERS | STOCK MARKET NEWS TODAY | JPMorgan (NYSE:JPM) kicked off the first-quarter earnings seasons with a bang, as a strong performance in domestic lending drove it to a record quarter for both revenue and profit, handily beating consensus forecasts. The bank said the strength of its core lending business more […]

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Lyft Has Threatened Litigation Against Morgan Stanley

Lyft Against Morgan Stanley | BY SANDRO VILLA | STOCK MARKET NEWS TODAY | In a letter sent to Morgan Stanley on April 2, Lyft questioned the firm about its alleged role in helping market certain products that would help pre-IPO investors bet against the stock. CNBC reviewed a copy of this letter, which was signed by […]

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Boeing Will Cut Production Of Its 737 MAX By A Fifth

Boeing To Cut 737 MAX Production | BY SANDRO VILLA | STOCK MARKET NEWS TODAY | Boeing will cut production of its 737 MAX by a fifth and appointed a special board committee to examine its development of new planes, as the financial impact from two crashes of its best-selling jetliner deepens. The aerospace giant said Friday […]

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