News Archives - Page 19 of 21

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Gold Slightly Up While U.S. Dollar Drops

August 17th, 2017045 Gold prices finished slightly higher on Wednesday, although it is still under extreme pressure from the rise in risk appetite. December Comex gold soared 0.3 percent,...

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Home Depot Reports Highest Quarterly Sales, Raises 2017 Forecasts

August 16th, 2017050 Home Depot reported quarterly profit and revenue that beat Wall Street expectations. The strong results also marks the home-improvement retail giant’s highest...

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U.S. Stock Futures Surge as Geopolitical Tension Subsides

August 16th, 2017044 U.S. stocks were on the rise as the tension between the U.S. and North Korea abates. Futures opened with gains on Monday. The S&P 500 index rose 1 percent, adding...

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JC Penney Posts Quarterly Loss, Shares Sink to All-Time Low

August 15th, 2017038 JC Penney reported a weaker-than-expected second quarter loss, sending shares down to its all-time low. Earnings and same-store sales fell short of Wall Street’s...

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Snap’s Weak Earnings Send Stocks Down

August 12th, 2017033 Snap Inc. reported lower-than-expected second quarter earnings, sending stocks diving to its all-time low. The company behind the photo-messaging app Snapchat...

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Macy's Beats Earnings Estimates, But Sales Fall

August 12th, 2017049 Macy’s second quarter revenue and earnings beat expectations. However, the retailer’s comparable sales declined and shares plunged due to downbeat guidance. The...

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Wendy’s Reports Strong Q2 Earnings, Shares Rise

August 11th, 2017043 Wendy’s reported better-than-expected quarterly earnings and beat revenue expectations early Wednesday. Shares of the fast-food chain were up 2.8 percent in...

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Time Inc. Announces Cost-Cutting Plans After Reporting Q2 Loss

August 10th, 2017045 Time Inc. is planning to cut costs after posting weak quarterly revenue. The magazine publisher reported poorer-than-expected revenue for the second quarter of the...

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Plus500 Doubles First Half Earnings, Shares Surge

August 10th, 2017041 Plus500 Ltd’s underlying profit doubled for the first half of 2017. The company, which is an online trading platform for contracts for differences trade, reported...

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