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Boeing to cease 747 production as losses hit $2.4bn
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ZoomInfo Technologies (ZI) Stock Might Be Expensive, Stay Cautious
McLain Capital recently released its Q2 2020 Investor Letter, a copy of which you can download here. The fund posted a return of -15.4% for the quarter (net of fees), underperforming its benchmark, the S&P 500 Index which returned 20.5% in the same quarter. However, you should check out McLain Capital's top 5 stock picks […]
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Alibaba Group Holding (NYSE:BABA) Has A Rock Solid Balance Sheet
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says…
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Genworth Mortgage Insurance Corporation — Moody’s announces completion of a periodic review of ratings of Genworth Mortgage Insurance Corporation
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We’re in the calm before the storm: Director of Strategy
Frances Newton Stacy, Optimal Capital’s Director of Strategy, joins The Final Round to highlight notable market action and what she expects in the coming weeks.from Yahoo Finance https://ift.tt/3g5CFZD
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These are the 10 best airlines to fly during the coronavirus pandemic
The Points Guy ranked Delta as the best airline to fly in 2020.
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Kodak Shares Add Another 500% as Drug Shift Keeps Boosting Stock
(Bloomberg) — Shares of Eastman Kodak Co. have leapt 2,441% higher this week, sending its market valuation to nearly $2 billion, after it won a government loan to help produce ingredients used in key generic medicines to fight the coronavirus.Kodak, the storied photography giant whose business and shares were devastated by the switch to filmless cameras, gained as much as 655% on Wednesday, triggering at least six halts for volatility along the way. More than 110 million shares traded hands, more than 23 times its typical volume. The company’s value climbed to $1.99 billion as of 10:25 a.m. in New York, after closing on Friday shy of $100 million.Kodak shares tripled on Tuesday on news of a $765 million loan to shift part of its factories to produce drug ingredients. The development bank loan was the first of its kind under the Defense Production Act in collaboration with the U.S. Department of Defense, and intended to speed production of drugs in short supply and those considered critical to treat Covid-19, including hydroxychloroquine, the controversial antimalarial drug touted by President Donald Trump.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
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Bill Gates: Spread of ‘outrageous’ coronavirus video shows flaw in social media platforms
Gates said that the spread of the “outrageous” video shows how social media companies struggle to contain damaging misinformation before it gains wide attention.
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Why Investors Should Stay Cautious on American Airlines (AAL) Stock
McLain Capital recently released its Q2 2020 Investor Letter, a copy of which you can download here. The fund posted a return of -15.4% for the quarter (net of fees), underperforming its benchmark, the S&P 500 Index which returned 20.5% in the same quarter. However, you should check out McLain Capital's top 5 stock picks […]
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Our Take On Kroger’s (NYSE:KR) CEO Salary
William McMullen became the CEO of The Kroger Co. (NYSE:KR) in 2014, and we think it's a good time to look at the…
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