News
Solar Energy Sector Sees Upswing
Solar stocks rally as interest rate cuts are expected, boosting shares of Enphase Energy, First Solar, and others.
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Required Minimum Distributions: Time is Running Out
Approximately 20% of retirement account holders have yet to take their minimum distributions. Deadline approaching, take action now.
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U.S. Stocks Open Higher on Strong Economic Data
U.S. stocks open higher, fueled by stronger-than-expected retail sales and a drop in jobless claims. Dow reaches record high.
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U.S. Treasury Secretary Criticizes Trump's China Policies
U.S. Treasury Secretary Janet Yellen criticizes Trump's approach to China, emphasizing missed economic opportunities and America's global standing. Biden admin aims to rebuild alliances and prioritize domestic investments.
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Credit Agricole Commits to Climate Action
Credit Agricole commits to carbon neutrality by 2050, increases investment in low-carbon energy, and reduces funding in fossil fuels. Joining the UN Net Zero Banking Alliance, the bank positions itself as a leader in sustainable finance.
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Vertex Pharmaceuticals Inc. Shares Surge on Positive Trial Data
Vertex Pharmaceuticals Inc. sees surge in stock prices as trial data for new pain medicine shows promising results. The stock jumps over 10%, marking its largest percentage gain in three years. The experimental medicine, VX-548, demonstrates significant pain relief, potentially becoming a gold standard treatment option. Vertex plans to rapidly progress its development to Phase 3 studies and ventures into gene-editing technology in collaboration with Editas Medicine Inc.
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Canadian Stocks Rise in Midday Trading
Toronto-listed stocks show gains in midday trading. VersaBank reports strong Q4 earnings. Dollarama reports positive profit. Barsele Minerals and Gold Line Resources announce merger plans.
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Southwest Airlines Sees Positive Q4 Revenue Growth
Southwest Airlines revises Q4 revenue guidance upwards, highlighting robust holiday travel demand. Stock price rally comes to a halt. Fuel-cost guidance range also raised.
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Impellam Group Agrees to £483.2 Million Takeover Bid
Impellam Group has accepted a £483.2 million takeover bid, causing a significant increase in share prices. The merger with HeadFirst Group will bring enhanced global reach and benefit stakeholders.
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Zara Apologizes for Controversial Advertising Campaign
Zara faces criticism for images that some believe reference Israel's conflict with Hamas. The company apologizes and clarifies their original artistic intention.
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