Tag: Factiva Filters

Opinion: Elon Musk does not want to buy Twitter anymore, but Twitter should make him pay for it

It’s becoming quite clear that Elon Musk no longer wants to buy Twitter Inc., at least not at the price he negotiated. But Twitter should not walk away without at least $ 1 billion – and potentially much more – for the trouble. Musk’s bid for Twitter TWTR, + 2.49% has become one of the…

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Evidence of Nosedive Suggests Boeing Not at Fault in China Eastern Crash

Text size A passenger stands inside a terminal in front of a China Eastern plane at Shanghai Hongqiao International Airport. Qilai Shen / Bloomberg Boeing shares rose on news that the tragic crash of a 737-800 operated by China Eastern Airlines probably wasn’t caused by a plane malfunction. The Wall Street Journal, citing US officials,…

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Dow futures up nearly 500 points ahead of retail sales and comments from Fed’s Powell

US stock index futures surged on Tuesday, with the technology sector leading the way higher ahead of a batch of economic data, including April retail sales and comments from several Federal Reserve speakers, including Chairman Jerome Powell later in the session. Walmart’s WMT, + 0.11% earnings are also due Tuesday. How are stock-index futures trading?…

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Gold slides below $ 1,800 an ounce after biggest weekly fall in 11 months

Gold futures remained under pressure to start the week, drifting below the $ 1,800 an ounce threshold on Monday. Gold for June delivery GC00, -0.15% GCM22, -0.15% fell $ 9.50, or 0.5%, to $ 1,798.70 an ounce on Comex, after dipping below $ 1,800 in Friday’s session when it closed at its lowest since Feb.…

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Mark Mobius sees bitcoin plunging to $ 10k: ‘Buy the dip will not work’

Veteran emerging markets investor Mark Mobius has warned investors not to “buy the dip” following the latest crash in bitcoin’s price, predicting a meltdown in the crypto market could drive its price to as low as $ 10,000 in the coming months. Bitcoin has suffered huge losses over the past week, plummeting by as much…

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Raymond James boss Paul Reilly bets big on the UK: ‘I do not have a cap on the number of hires’

It is June 2016. The UK votes to leave the EU. Reports predict thousands of job losses and a severe decline in the City of London. That’s when bosses at Raymond James began the company’s push into European investment banking. Some questioned whether the US mid-market specialist’s foray into the UK and Europe would last.…

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