Month: September 2020

Republican senators tried to distance themselves from Donald Trump on Wednesday morning, following the US president’s aggressive debate performance and his refusal to condemn white supremacists. In the first presidential debate on Tuesday night, Mr Trump repeatedly interrupted and spoke over Joe Biden, the Democratic challenger, in what quickly devolved into an ugly, acrimonious spectacle.
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Joshua Harris, Apollo Global Management Co-Founder speaks during the 2020 Delivering Alpha conference on Sept. 30th, 2020. CNBC A notable private equity investor said Wednesday that the boom in special purpose acquisition companies was not just a passing fad. Apollo Global Management co-founder Joshua Harris said at the Delivering Alpha conference presented by CNBC and
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Check out the companies making headlines in midday trading.  Datadog — Shares of Datadog popped more than 11% after the cloud security platform announced a new strategic partnership with Microsoft’s cloud computing service Azure. Datadog will now be available in the Azure console as a first-class service, the company said. Nikola — Nikola soared 11% after
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As the third quarter ends, Wednesday’s indicators offered positive news: the Chicago Business Barometer hit its highest level since December 2018, an “impressive” ADP employment report, soaring sales of pending homes, and two reads of manufacturing in the midwest suggesting expansion. The Chicago Business Barometer gained to 62.4 in September from 51.2 in August. The
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Written by Nick Ackerman, co-produced by Stanford Chemist The Eaton Vance Enhanced Equity Income Fund II (EOS) has been on fire this year. This is thanks to its heavy weighting in tech. Led by a significant position in Amazon (AMZN). Eaton Vance runs a solid line-up of option-based funds. In this case, EOS is not
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Microsoft Corp., one of the world’s biggest tech companies, sells personal computing devices, cloud systems and services, software and other products. Microsoft is listed on the Nasdaq exchange under the ticker symbol, MSFT. The company was founded in 1975 by Bill Gates and Paul Allen in a garage in Albuquerque, New Mexico. Five years later,
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Joe Biden attacked Donald Trump as a clueless “clown” who was trying to take away healthcare from millions of Americans during a pandemic as the first debate between the two presidential contenders got off to a chaotic start. In the opening minutes, the two candidates sparred over the Supreme Court opening left by the death
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When most people challenge deeply ingrained wisdom about finances, they’re greeted with eye rolls. When one of the world’s most successful financial gurus is the contrarian, people listen. Such was the case with Warren Buffett’s 2013 letter to Berkshire Hathaway investors, which seemed to challenge one of the longstanding axioms about retirement planning. Buffett noted
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An indoor farming start-up that heralds itself as the future of agriculture and has Martha Stewart on its board announced Tuesday it is going public through a reverse merger, the latest in a series of blank-check deals during the coronavirus pandemic.   Kentucky-based AppHarvest is merging with special purpose acquisition company Novus Capital Corp., while picking up $475 million
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U.S. President Donald Trump arrives to speak about the administration’s coronavirus disease (COVID-19) testing plan in the Rose Garden at the White House in Washington, September 28, 2020. Carlos Barria | Reuters The Manhattan District Attorney’s Office said Tuesday it will not seek to enforce a subpoena for President Donald Trump‘s income tax returns until
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Investment Thesis I am finding myself continuing to spend a great deal of my time and energy looking at ETFs, as opposed to individual stocks, in my pursuit of income generation. During my first pass through the most popular dividend paying ETFs, I landed on the Schwab US Dividend Equity ETF (SCHD) as my top
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Republican President Donald Trump and his Democratic challenger Joe Biden will square off for a series of three nationally televised debates beginning Tuesday, Sept. 29. Current Republican Vice President Mike Pence and Democratic Vice Presidential Candidate Kamala Harris will have their one and only debate on Wednesday, Oct. 7. General Rules The Commission on Presidential
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A “catastrophic” performance since the outbreak of coronavirus has left Tiffany with “dismal” prospects for the future, according to the company that until recently wanted to buy the luxury US jeweller for $16.6bn. LVMH, the conglomerate led by the French tycoon Bernard Arnault, made the stinging attack on Tiffany and its management in a lawsuit
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People can own real estate for their primary residence or to hold as an investment rental property, and their ownership is determined through what’s known as a title. There are different kinds of real estate title as well as less common methods of holding title to a real estate property. It’s important to know about
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Will they be back? Barclays thinks not. At least not in their entirety. getty Is working from home here to stay? Barclays Capital thinks it is. In a special report published on September 22, Barclays equities analysts Ryan Preclaw in New York and Paul May in London wrote that working from home could reduce demand
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European stocks on Monday had their best day since June, leading a global equity market rally driven by investors scooping up shares in beaten-down sectors as a choppy month draws to a close. The region-wide Euro Stoxx 600 index was 2.2 per cent higher, its best showing in three months, with German’s Dax 30 posting
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