Business
PGA Tour sues LIV Golf’s Saudi backers to pressure evidence discovery
Crew Captain Brooks Koepka of Smash GC and caddie Ricky Elliott shake palms on the 18th eco-friendly through day 3 of the LIV Golfing Invitational – Jeddah at Royal Greens Golfing & Region Club on October 16, 2022 in King Abdullah Financial Town, Saudi Arabia. Charles Laberge | LIV Golfing | Getty Visuals The PGA […]
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Apple’s leading designer is leaving the business 3 years following using above from Jony Ive
An aerial watch of Apple Park is witnessed in Cupertino, California, United States on October 28, 2021. Tayfun Coskun | Anadolu Agency | Getty Pictures Apple’s vice president of industrial design, Evans Hankey, is leaving the corporation, Apple verified to CNBC on Friday. Hankey took above for former Apple style and design chief Jony Ive […]
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Amazon hires Hawaiian Air to fly rented Airbus cargo jets to replace older freighters
Air cargo containers with the logo of Amazon are seen at Miami International Airport, in Miami, Florida, United States on June 16, 2021. Marco Bello | Anadolu Agency | Getty Images Amazon has hired Hawaiian Airlines to fly the first Airbus cargo planes in the retail giant’s air network, aircraft that will help replace older […]
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Truist upgrades AT&T for the first time in more than 15 years, cites improving operating trends after earnings results
Investors should buy AT & T after its strong third-quarter results, according to Truist. Analyst Greg Miller upgraded AT & T to buy from hold — saying the bank and its predecessors had kept the hold rating for more than 15 years — because of an “increasingly visible outlook” after the carrier beat profit and […]
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Stocks making the biggest moves premarket: American Express, Verizon, Snap and others
In this article CSX SNAP VZ AXP Follow your favorite stocksCREATE FREE ACCOUNT watch now VIDEO1:3101:31 News Update – Pre-Markets News Briefing Check out the companies making headlines before the bell: American Express (AXP) – The financial services company reported a quarterly profit of $2.47 per share, 6 cents above estimates, with revenue also topping […]
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These little-known software stocks are poised for big gains going forward, Goldman Sachs says
It’s time to buy emerging software stocks Vertex and Workiva , according to Goldman Sachs. Analyst Adam Hotchkiss initiated coverage of the two companies with buy ratings while identifying firms supporting “essential” processes that have the greatest upside from here. “We believe that growing complexities impacting back office functions across SMBs, the mid-market, and the […]
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Telsey downgrades Under Armour, says it will continue to struggle with excess inventory
Under Armour will continue to struggle with excess inventory, according to Telsey Advisory Group. Analyst Cristina Fernández downgraded shares of Under Armour to market perform from outperform, pointing to warnings in recent weeks from competitors adidas and Nike on high inventory. “Given the pressures being faced by the sporting goods brands and Under Armour’s positioning […]
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5 things to know before the stock market opens Friday
Traders on the floor of the NYSE, Oct. 20, 2022. Source: NYSE Here are the most important news items that investors need to start their trading day: 1. Weak end? The good news: Stocks are on pace to have their best week since early last month. The bad news: U.S. markets are on a two-day […]
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Raymond James upgrades Juniper Networks to strong buy, says stock can rally 30%
It’s time to buy Juniper Networks , according to Raymond James. Analyst Simon Leopold upgraded shares of Juniper Networks to strong buy from outperform, saying the provider of internet routers has plenty of upside going forward. “We see new router wins initiating a new cycle, led by deals like Verizon and Google. We consider consensus […]
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Bernstein downgrades Snap, says it’s unclear what’s next for the social media stock after latest earnings
It’s hard to say where Snap will go from here after its third-quarter results, according to Bernstein. Analyst Mark Shmulik downgraded the social media stock to market perform from outperform, after Snap reported a disappointing third-quarter revenue results and softening user engagement numbers. The analyst also lowered his price target and estimates on Snap. “With […]
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