Month: September 2021

In this article MU LLY NFLX LCID DLTR ASML-NL Check out the companies making headlines before the bell: Micron Technology (MU) – Micron reported adjusted quarterly earnings of $2.42 per share, 9 cents above estimates, with the chip maker’s revenue also topping Street forecasts. However, its current-quarter forecast fell below consensus, due to computer-making customers
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Switzerland’s Financial Market Supervisory Authority (FINMA) has approved the first Swiss crypto fund. It is managed by asset manager Crypto Finance and custodied by Seba Bank. “For the first time, FINMA has approved a Swiss fund that invests primarily in cryptoassets,” said the regulator. First Crypto Fund Approved Under Swiss Laws The Swiss Financial Market
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While Metropolitan Transportation Authority officials have been touting the need for congestion pricing revenue during multiple public hearings, observers have cited broader challenges for the state-run agency that has been in crisis mode throughout the COVID-19 pandemic. Debt is high, federal aid won’t last forever and New York City area mass transit ridership is uncertain.
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Centerra Gold (TSE:CG) fired another salvo at the government-supported group that is managing Centerra’s expropriated mine, the Kumtor open pit gold mine. In the spring Centerra Gold’s Kumtor Mine was taken over by the Kyrgyz government authorities, which now adminsters it. Today Centerra said the new mine plan for the pit could wreck the mine’s
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Bitcoin (BTC) trudged toward $43,000 on Wednesday, Sept. 29, as a “macro predicament” kept bulls on their toes. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC in yet another dip below $41,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD ranging slightly higher after a fresh $40,000 retest overnight. The pair had shown what
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Investors, particularly individual investors, buy, sell, and trade stocks with a certain sense of security. If a corporation deceives its investors, there is an avenue through which to seek recompense. It wasn’t always the case that you could pursue some justice. Most of investing history is fraught with deceit, folly, and enough irrational exuberance to
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Good morning. I spent a long, pleasant weekend in sunny Miami, doing serious research for FT Globetrotter’s guide to that city. But what do I find on my return? The market has made a fool of me again. Last week it looked to me like Jay Powell and the Federal Open Market Committee had managed
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In this article LCID MU SHW Micron Technology headquarters in Biose, Idaho, March 28, 2021. Jeremy Erickson | Bloomberg | Getty Images Check out the companies making headlines after the bell Tuesday: Sherwin-Williams — The paint company saw its stock fall 3% in extended trading after the company lowered its third-quarter sales guidance. “The persistent
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Today HomeGoods finally launched its long-awaited e-commerce platform. This is a huge leap for the brick-and-mortar big-box retailer which has 820 stores in 47 states. A division of TJX Companies, Inc, HomeGoods is one of the nation’s leading off-price retailers of home decor.  “We are excited to expand HomeGoods’ digital footprint so customers can shop
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Emurgo, the financial arm of leading cryptocurrency project Cardano, has announced it will invest $100 million in the development of decentralized finance-based products for the ecosystem. The company will spin two subsidiaries for this task, with one being fully dedicated to incentivizing the creation of Africa-based startups that use the Cardano blockchain in the development
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A former lead developer for the Bitcoin network has postulated a possible future for the world’s most popular cryptocurrency which includes an epic price prediction. Software developer Gavin Andresen published a recent blog post called “A Possible BTC Future” in which he predicts the demise of the Bitcoin network. Before BTC meets its end, it
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China’s Belt and Road Initiative has left scores of lower- and middle-income countries saddled with “hidden debts” totalling $385bn. New research suggests that many countries’ financial liabilities linked to President Xi Jinping’s hallmark foreign policy have been systematically under-reported for years. This has resulted in mounting “hidden debts”, or undisclosed liabilities that governments might be
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“There are some really nice gadgets,” was all Ben Whishaw, alias Q, would say on the red carpet for the world premiere of No Time To Die at the Royal Albert Hall in London this evening. He was obviously still sworn to secrecy about the surprises in the 25th Bond film and Daniel Craig’s last
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When financial advisors choose to change firms, they must navigate a slew of state and federal regulations, contractual obligations and other legal risks. The transition may seem daunting, but there are steps that can be taken to minimize or mitigate risks. Douglas Hyman of Lewitas Hyman, a Chicago law firm, said advisors considering independence should
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Costco (COST) primarily engages in the management of membership warehouses. The company currently operates 817 warehouses, 565 of which are located in the United States and Puerto Rico, while Costco also operates e-commerce sites in the U.S., Canada, the United Kingdom, Mexico, Korea, Taiwan, Japan, and Australia. From an investor’s perspective, what differentiates Costco from the rest of traditional retailers is its membership offering, which translates
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