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Yearly Archives: 2019

The best-performing hedge funds are piling into these financial shares

Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE). Drew Angerer | Getty Images Bank stocks may seem far from hedge-fund darlings, but some of the best and under-the-radar managers in the industry are doubling down on them. Every quarter, investors get a glimpse …

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A Prominent Chinese-American Artist Is the Latest to Fall Afoul of China’s Censors

BEIJING — A prominent arts center in Beijing has canceled a Chinese-American artist’s exhibition of works with strong social and historical themes, planned for December, after the local authorities declined to issue the necessary import permits. The cancellation comes amid a growing clampdown on civil society across the country and …

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Walmart, Target CEOs ‘made me feel terrific’ about consumers

Optimism from the CEOs of two of the nation’s biggest retailers, Target and Walmart, show that American consumers are not tightening their belts due to trade tariffs, CNBC’s Jim Cramer said Wednesday. The views expressed by Target CEO Brian Cornell and Walmart CEO Doug McMillon, in CNBC interviews this week, …

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Macy’s is about to report earnings, but traders have mixed thoughts

Macy’s may not be the best stocking stuffer this holiday season. The retailer, which is down nearly 80% from its 2015 peak, is set to report earnings Thursday morning. TradingAnalysis.com founder Todd Gordon says that retail carnage is likely to continue based on technical retracements. “The rule that we use …

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Stocks are overbought, but JP Morgan’s Jason Hunter wouldn’t sell now

J.P. Morgan’s Jason Hunter believes stocks are overvalued, but he’s telling investors not to sell. The firm’s head of global fixed income and U.S. equity technical strategy believes the end isn’t near for the historic rally partly because investors aren’t done repositioning following this summer’s recession scare. “We have a …

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Lowe’s earnings Q3 2019

Lowe’s reported Wednesday quarterly earnings that beat analysts’ expectations and raised its forecast for the year. However, revenue during the quarter fell short of expectations. Shares of Lowe’s were up about 5% in premarket trading. Here’s what Lowe’s reported compared with what Wall Street was expecting, based on a survey …

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A Prominent Chinese-American Artist Is the Latest to Fall Afoul of China’s Censors

BEIJING — A prominent arts center in Beijing has canceled a Chinese-American artist’s exhibition of works with strong social and historical themes, planned for December, after the local authorities declined to issue the necessary import permits. The cancellation comes amid a growing clampdown on civil society across the country and …

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Four things to do at Australia’s Uluru monolith — besides climb it

Climbing is banned, but there’s plenty to do during a visit to Uluru. simonbradfield | iStock Unreleased | Getty Images ‘ ); console.log(“26”); $(document).ready(function(){ $(“.ArticleHeader-headerContentContainer”).append($newdiv); }); Since Australia’s rusty-red monolith, Uluru, was handed back to its original owners in 1977, the Anangu people have welcomed visitors to walk its 9.4 …

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‘The Hidden History of Burma’ Traces the Vanishing of Hope

Thant Myint-U has titled his reflective and illuminating new book “The Hidden History of Burma,” even though he gently suggests that the country’s past wasn’t so much obscured as it was hiding in plain sight. For decades, especially after a ruthless crackdown on pro-democracy protestors in 1988, Burma had drawn …

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DoorDash sued by DC attorney general, claiming it pocketed workers’ tips

DoorDash delivery person Source: DoorDash D.C. Attorney General Karl Racine brought charges against DoorDash on Tuesday, accusing the company of pocketing tips meant for workers and misleading customers about where their money was going. Racine is seeking to recover millions of dollars in tip money customers paid through DoorDash over two …

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