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CBD Company Beam Raises $5M In Funding Round Led By Obvious Ventures
Wednesday, October 23, 2019 - 9:30am | 362CBD company and wellness brand beam announced Tuesday that it has raised $5 million in a funding round led by Obvious Ventures. Beam was launched last year by two former pro athletes, Kevin Moran and Matt Lombardi, and soon it found its place in the CBD market. The company...
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Bitcoin Could Make Banking A Possibility In Africa
Wednesday, February 18, 2015 - 11:10am | 484Bitcoin has been the subject of a widespread debate over whether or not cryptocurrencies will catch on and become a viable currency adopted across the world. While the current user base remains relatively small and confined to the tech crowd, some say bitcoin may find its calling in poor areas...
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Market Wrap For April 1: S&P 500 Hitting New All-Time High Not An April Fools' Joke
Tuesday, April 1, 2014 - 3:47pm | 1704U.S. stocks kicked off a new month and new quarter with solid gains as U.S. manufacturing growth improved in March. The indexes have now logged a three-day winning streak, an accomplishment which was completely absent throughout all of March. The S&P 500 hit new all-time highs of 1,885.84...
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Market Wrap For February 3: Bears In Complete and Absolute Control
Monday, February 3, 2014 - 4:45pm | 2594U.S. stocks continued its losses on an accelerated basis on Monday. Investors are in clear panic mode following a report that U.S manufacturing activity expanded at a slower pace in January. The Dow plunged more than 300 points while the S&P 500 and Nasdaq both fell more than two percent as...
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Earnings Expectations For The Week Of February 3: GM, Twitter, Disney And More
Monday, February 3, 2014 - 6:42am | 989January, with its five percent correction, is behind us, and earnings continue to roll out this week, whether or not the groundhog saw his shadow. Highlights will include quarterly results from General Motors (NYSE: GM), Merck (NYSE: MRK), Philip Morris (NYSE: PM) and Walt Disney (NYSE: DIS),...
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Market Wrap For January 13: Markets Showing Weakness Ahead Of Major Earning Releases
Monday, January 13, 2014 - 4:52pm | 2370Investors and traders were in clear selling mode today ahead of a very busy week of earnings. The Dow suffered a triple digit point loss while the S&P 500 and Nasdaq suffered losses of more than one percent. There were no key economic data releases today. Related: Earnings Expectations For...
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Molson Coors and Other UBS Beer Stock Picks
Thursday, May 2, 2013 - 11:55am | 824Recent research by analysts at UBS shows that wholesalers of alcoholic beverages are positive about the prospects for volume growth of their products. Sales of alcoholic beverages continue to be strong both domestically and overseas. Three beer brewers made the UBS list of stock picks Anheuser-...
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Nine Food Stocks for a Hungry Portfolio
Thursday, December 8, 2011 - 11:06am | 932A hungry portfolio might find a pick-me-up in one or more of these food-related stocks, all of which have had some momentum in the past few months, if not longer. Breakfast General Mills (NYSE: GIS) is up more than 13% from a nine-month low in August, as well as up about 18% from a year ago. This...