Month: June 2022
Dungeons & Dragons-maker Hasbro wins board battle against activist investor Alta Fox
A Dungeons & Dragons classic dragon hand painted by Alan Cooley, 27, of Huntington Station, New York, at Main Street Game Cafe in Huntington on November 26, 2019. Newsday LLC | Newsday | Getty Images Hasbro has fended off a board challenge from an activist investor that wanted to shake up its board and spin off […]
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New York’s financial watchdog issues stablecoin guidance, calls for reserve requirements and audits
The New York State Department of Financial Services on Wednesday released new rules for licensed cryptocurrency firms that issue stablecoins, calling for reserve requirements and monthly independent audits. The guidance affects current holders of the BitLicense, the business license for virtual currency firms operating in New York state, or limited purpose trust charterholders that issue […]
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Stocks making the biggest moves midday: DocuSign, Campbell, Moderna and more
The Docusign Inc. website on a laptop computer arranged in Dobbs Ferry, New York, U.S., on Thursday, April 1, 2021. Tiffany Hagler-Geard | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Campbell Soup – The food company saw shares gain 2.3% after reporting a better-than-expected quarterly report. Campbell posted an […]
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These stocks post solid returns during sluggish economic times like we’re going through now
Ever-growing fears of an economic recession have left investors scrambling to figure out how to protect their portfolios. In the first quarter, U.S. GDP contracted by more than 1% as the country dealt with the spread of the omicron Covid-19 variant. The economy is also seen as struggling in the second quarter, with the Atlanta […]
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Here’s when tax-loss harvesting makes sense … and when it doesn’t
When the stock market dips, a strategy known as tax-loss harvesting can be a silver lining. But it doesn’t make sense for all portfolios, financial experts say. Here’s how tax-loss harvesting works: You can sell declining assets from your brokerage account and use the losses to offset other profits. Once losses exceed gains, you can […]
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DeChambeau, Reed to join Saudi-funded golf league in U.S.
Bryson DeChambeau of the United States plays his shot from the 18th tee during a practice round prior to the Masters at Augusta National Golf Club on April 06, 2022 in Augusta, Georgia. David Cannon | Getty Images Major champions Bryson DeChambeau and Patrick Reed plan to sign up with the Saudi-funded LIV Golf Invitational […]
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How to invest behind the car of the future, according to Bank of America
Driverless vehicles and high-tech automobiles are on the horizon. Investors looking to capitalize on the burgeoning trend should consider putting their money in companies playing an integral role in the evolving market, according to Bank of America . The bank on Wednesday identified a host of suppliers and semiconductor makers that stand to benefit from […]
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Here are Wednesday’s biggest analyst calls of the day: Netflix, Target, Affirm, Uber, Amazon & more
Here are the biggest calls on Wall Street on Wednesday. Source
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Armed man who sought to kill Brett Kavanaugh arrested near Supreme Court justice’s home
Associate Justice Brett Kavanaugh poses during a group photo of the Justices at the Supreme Court in Washington, April 23, 2021. Erin Schaff | Pool | Reuters A man armed with a handgun, knife, and pepper spray was arrested early Wednesday morning near the Maryland home of Supreme Court Justice Brett Kavanaugh, law-enforcement authorities said. […]
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Watch live: Parents of mass shooting victims, first responders testify before Congress
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Parents, law enforcement and one fourth-grade student are describing to U.S. lawmakers mass shootings in Uvalde, Texas, and Buffalo, New York, that last month left 31 Americans dead and horrified […]
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