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Tag Archives: Stocks

5 Top Stock Gainers for Friday: Etsy, Airbnb, DraftKings

Stocks finished mixed Friday. The Dow dropped and tech stocks rebounded following a sharp selloff on Thursday. Here are some of the top gainers Friday: 1. Etsy | Percentage Increase 11% Etsy  (ETSY) – Get Report rose as analysts offered glowing commentary on the online artisanal-goods seller’s stronger-than-expected earnings.  Revenue more …

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Workhorse Slammed After Missing Out on Postal Truck Contract

Shares of Workhorse Group  (WKHS) – Get Report fell sharply Tuesday after the postal service awarded a potentially huge contract to build new delivery trucks to rival Oshkosh  (OSK) – Get Report. Workhorse shares fell $14.88, or 47%, to $16.47 in the regular session. It continued to fall in after-hours …

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Walmart Misses Q4 Profit Forecast, Tops $150 Billion Sales

Walmart Inc.  (WMT) – Get Report posted weaker-than-expected fourth-quarter earnings Thursday, thanks in part to a charge linked to taxes in the United Kingdom, but still managed record sales of more than $150 billion as U.S. shoppers continued to favor big-box retailers over smaller rivals. A planned surge in investment costs, …

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Asian shares hit all-time highs, oil buoyant

SYDNEY – Asian shares advanced to record highs on Monday and oil rose to a more than one year peak as successful coronavirus vaccine rollouts globally raise hopes of a rapid economic recovery amid new fiscal aid from Washington. MSCI’s broadest index of Asia-Pacific shares outside Japan jumped 0.4% to …

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Banking regulator says pandemic uncertainty means now is not the time to consider higher dividends, share buybacks

Bank buildings at Toronto’s financial district on Sept. 3, 2020. Fred Lum/The Globe and Mail Canada’s banking regulator will not yet consider lifting restrictions on banks’ dividends and share buybacks introduced at the start of the pandemic, even though the largest lenders continue to amass growing stockpiles of surplus capital. …

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