21 Mar, 2018
- Market News
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On Wednesday, General Mills (NYSE: GIS) announced its financial results for the third quarter of fiscal 2018. Shares of the company were down 8% in Wednesday premarket trading.According to the company, revenue for the third quarter increased from $3..
On Tuesday, FedEx Corporation (NYSE: FDX) announced that it will add FedEx Office stores inside 500 Walmart Inc (NYSE: WMT) locations in the United States in the next two years.According to the company, the mini-stores will be 450 to 700 squar..
Reports of Facebook, Inc. (NASDAQ: FB) data breach dragged down the technology sector, causing U.S. stocks to open weaker on Monday. The Dow Jones Industrial Average opened almost 200 points lower before declining down to almost 600 points by late m..
The scandal of Cambridge Analytica, which has been developing over the weekend, has taking its toll on Facebook Inc (NASDAQ: FB) stock, as it has dropped more than 7% on Monday. Cambridge Analytica, a company specializes in data mining and data anal..
SuperInvestor Seth Klarman once said that investments are assets that buy goods and services. In other words, they produce cash flow. This undercuts several commodities that consumers usually consider as investments. This includes gold and handbags...
Elon Musk, the CEO of SpacX and Tesla Inc (NASDAQ: TSLA) and the field of artificial intelligence has never seen eye to eye. The CEO of one of the most popular manufacturers of electric cars is skeptical about how AI can change the future for the wo..
Former Qualcomm Inc. (NASDAQ: QCOM) chairman, Paul Jacobs is interested in taking the chipmaker private, potentially making it the largest buyout in history, CNBC, citing sources familiar with the matter.Jacobs informed the board of his plans and ap..
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