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Stock Wars: General Mills Vs. Kellogg Vs. Post
Wednesday, January 6, 2021 - 12:32pm | 744Read More...The battle for market share in the breakfast category is the subject of the latest Benzinga Stock Wars. General Mills Inc (NYSE: GIS), Kellogg Company (NYSE: K) and Post Holdings (NYSE: POST) are matched up head-to-head in several categories. About the Companies: General Mills is known around...
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6 Salesforce Analysts React To Slack Deal: 'Game-Changer Potential'
Wednesday, December 2, 2020 - 11:49am | 716Read More...Shares of salesforce.com, inc. (NYSE: CRM) were trading lower Wednesday after the company reported earnings and revenue beats in the third quarter but fell short of expectations for its fourth-quarter guidance. Salesforce also announced its intention to acquire Slack Technologies Inc (NASDAQ:...
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Zoom's Stock Takes Pause Shooting To The Moon: Analysts React To Q3 Beat
Tuesday, December 1, 2020 - 2:02pm | 756Read More...Zoom Video Communications Inc (NASDAQ: ZM) reported third-quarter results that came in better than expected but investors appear to be disappointed based on the 14% selloff. The Analysts: Rosenblatt Securities analyst Ryan Koontz maintains a Neutral rating on Zoom's stock with a price...
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Justice Department Forces Intuit To Divest Credit Karma's Tax Biz To Square
Wednesday, November 25, 2020 - 11:58am | 411Read More...The U.S. Justice Department will reportedly require Intuit Inc. (NASDAQ: INTU) to sell its Credit Karma tax unit to Square Inc (NYSE: SQ) as part of Intuit’s $7.1-billion buyout of Credit Karma. What Happened: On Wednesday, CNBC reported that Intuit must divest Credit Karma’s tax...
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Fintech Focus For November 19, 2020
Wednesday, November 18, 2020 - 7:42pm | 2481Read More...Quote Of The Day: The successful warrior is the average man, with laser-like focus. - Bruce Lee Fintech Movers: Big investors are backing online banks more than ever, betting that these upstarts' low overhead and nimble technology stacks will let them keep grabbing customers from traditional...
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Jack Ma's Ant Group Could See Its Valuation Halved Due To Blocked IPO, Analysts Project
Monday, November 9, 2020 - 4:20am | 472Read More...Alibaba Group Holding Ltd. (NYSE: BABA)-backed Ant Group could see its valuation slashed by half as its initial public offering is blocked by Chinese regulators, analysts from Morningstar, and others, estimate. What Happened: The Chinese financial technology giant is headed to lose about $140...
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How Trump's Chinese Tech Crackdown Could Impact 'Fortnite,' 'League of Legends'
Tuesday, September 22, 2020 - 4:48pm | 635Read More...The ongoing saga between China and the United States over how data collected is now shifting from TikTok to gaming companies. What Happened: Chinese gaming companies are being scrutinized by the U.S. government, according to a Thursday Bloomberg report. Tencent (Pink: TCEHY), the world...
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Dell Analysts React To Q2 Earnings Beat: 'Ride The Wave Of Remote Work'
Friday, August 28, 2020 - 11:06am | 523Read More...Dell Technologies Inc (NYSE: DELL) shares were moving higher Friday after the computing company reported a second-quarter earnings beat. Dell reported quarterly EPS of $1.92 on revenue of $22.77 billion after the close Thursday. Both numbers beat consensus analyst expectations of $1.39 and $...
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Experts React To Tesla Stock Split, Trading Action: 'Kind Of Ridiculous'
Wednesday, August 12, 2020 - 10:13am | 664Read More...Tesla Inc (NASDAQ: TSLA) shares are up 6% on Wednesday after the company announced a 5-for-1 stock split on Tuesday afternoon. The stock split will be implemented after the market close Aug. 31. Companies with relatively high stock prices like Tesla often implement stock splits to bring...
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Reaction: Microsoft Gaming, Azure Growth Key To Success Moving Forward
Thursday, July 23, 2020 - 11:45am | 561Read More...Microsoft Corporation (NASDAQ: MSFT) shares ticked lower on Thursday after the company reported 13% revenue growth in a difficult fiscal fourth quarter. Microsoft reported fourth-quarter adjusted EPS of $1.46 on revenue of $38 billion. Both numbers topped consensus analyst estimates of $1.34 and $...
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Racial Equality Conversation Shines A Light On This ETF
Thursday, June 11, 2020 - 11:10am | 556Read More...The conversation about racial equality and social justice is gaining momentum in the U.S., points that should remind all Americans that change comes in many forms, including how we invest. What Happened: When it comes to investing with a purpose, many investors think of environmental, social...
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7 Sin Stocks To Buy During The Coronavirus Shutdown
Sunday, May 17, 2020 - 1:00pm | 1187Read More...There’s no question Americans are facing unprecedented stresses these days. Data suggests some Americans are relying on vices such as alcohol, tobacco and cannabis to get through the health crisis. At the same time, gamblers have been driven online for the time being due to casino closures....
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3 Corporate Bond ETFs For Fed Debt Buying
Tuesday, March 24, 2020 - 9:40am | 631Read More...Beleaguered investment-grade corporate bond exchange traded funds got a lifeline Monday when the Federal Reserve said it buy $200 billion worth of high-grade corporate debt, helping the iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSE: LQD) to a gain of 7.39% on more than double the daily...
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As Wendy's Launches Breakfast, McDonald's Declares Monday 'National Egg McMuffin Day'
Monday, March 2, 2020 - 11:32am | 461Read More...Coinciding with Wendys Co's (NASDAQ: WEN) national breakfast launch Monday morning, rival fast food chain Mcdonald's Corp (NYSE: MCD) is offering all customers a free Egg McMuffin sandwich. McDonald's, Wendys In Breakfast Battle McDonald's is declaring March 2 as "...
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Tesla's Unexpected Capital Raise Leads To Surprising Stock Surge
Thursday, February 13, 2020 - 4:00pm | 1077Read More...Tesla Inc (NASDAQ: TSLA) shares ripped higher on Thursday after the company surprised Wall Street by announcing a $2 billion dilutive common stock offering just days after CEO Elon Musk said raising money "doesn’t make sense." Tesla shares, which are up 255.2% in the past six months...
