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Monthly Archives: September 2019

Netflix shares drop after Apple says its TV service will be cheaper

Netflix Co-founder, Chairman & CEO Reed Hastings attends a Q&A during a Transatlantic Forum in Lille, France. Sylvain Lefevre | Getty Images Netflix shares fell more than 2% on Tuesday after Apple announced that its subscription TV service will launch in November and will be free for a year for …

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Space company Maxar stock is high risk high reward

A telecommunications satellite built by Maxar-owned Space Systems Loral. Maxar J.P. Morgan began coverage of Maxar Technologies on Tuesday with an overweight rating, telling investors that the diminished space conglomerate is in the early stages of a turnaround that would yield over 70% upside by the end of 2020. “We …

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Top technology analyst sees no opportunities in hardware sector

Inside an Apple store in Causeway Bay, Hong Kong. Miguel Candela, SOPA Images | LightRocket | Getty Images There are no good stocks to buy in the IT hardware sector, according to top-rated technology analyst Toni Sacconaghi. A.B. Bernstein maintained a market-perform rating for Apple, HP, Hewlett Packard Enterprises, IBM …

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Top economist is on alert after jobs growth hits a 2011 level

Wilmington Trust’s Luke Tilley is worried a bearish trend in the employment numbers will hurt the economy’s strongest part: consumers. According to the firm’s chief economist, the U.S. is seeing its lowest year-over-year jobs growth since 2011, which was just two years into the economic recovery. “Things are slowing down,” …

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Credit Suisse says investors fleeing Netflix despite stock’s strength

A selection of Netflix original content sits displayed in the Netflix app on an Apple iPad tablet device in this arranged photograph in London. Jason Alden | Bloomberg | Getty Images Netflix is putting out strong performance data but investors don’t seem to care, according to Credit Suisse. Despite positive …

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Average FICO score hits all-time high

When it comes to credit, Americans are scoring better than ever. For the first time, the average national credit score has reached 706, according to FICO, the developer of one of the most commonly used scores by lenders. FICO scores range from 300 to 850. A good score generally is …

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Why the ‘goldilocks’ jobs growth market is bullish for stocks

The stock market completed a three-day winning streak last Friday, but stocks ran out of steam on the first day of trading this week, even with some encouraging signals on the U.S.-China trade war front. Don’t blame a deeper dive over the weekend by traders into August’s mediocre nonfarm payroll …

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What happens next with Brexit?

Demonstrators gather outside Houses of Parliament for a protest on 03 September, 2019 in London, England to oppose the prorogation of the U.K. Parliament. NurPhoto | NurPhoto | Getty Images With the U.K Parliament now shuttered for five weeks and the recent political turmoil throwing up more questions than answers, …

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Saudi Arabia’s new oil minister more fully behind expedited IPO of Saudi Aramco

Saudi Arabia’s new Energy Minister, Prince Abdulaziz bin Salman speaks during a panel discussion at the 24th World Energy Congress in Abu Dhabi, United Arab Emirates September 9, 2019. Satish Kumar | Reuters Saudi Arabia’s new energy minister is expected to be fully behind the expedited IPO of the kingdom’s …

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Contemporary American Angst, in a Single, Thousand-Word Sentence

DUCKS, NEWBURYPORTBy Lucy Ellmann For most of its 1,000 pages, Lucy Ellmann’s brilliantly ambitious seventh novel follows the unspooling consciousness of an Ohio housewife circa 2017, and does so almost entirely in one long, lyrical, constantly surprising sentence. Our narrator is an educated, liberal mother of four, obsessed with the …

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