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DuPont Sells Majority Stake in Delrin Business
DuPont sells 80.1% stake in Delrin business for $1.8 billion, generating cash proceeds and retaining future growth potential.
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Ai Holdings Expects 13% Increase in Operating Profit
Ai Holdings, a Japanese security-equipment company, is expecting a 13% increase in operating profit for the current fiscal year. The company also plans to increase dividends and has set a payout-ratio goal of at least 50%.
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JBS Food Company Plans Dual Listing on São Paulo Stock Exchange and NYSE
JBS, a major food company in Brazil, is seeking a dual listing on the São Paulo Stock Exchange and NYSE to expand into new markets and reduce capital costs. Gilberto Tomazoni, JBS Global CEO, is optimistic about the strategy's potential.
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Palo Alto Networks Earnings Report: Much Ado About Nothing
Palo Alto Networks exceeds earnings expectations, providing positive guidance and soothing investor concerns. Shares surge 11%.
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Virgin Galactic Announces Passengers for First Private Astronaut Flight
Virgin Galactic reveals the passengers for its historic first private astronaut flight, featuring an 80-year-old Olympian and a mother-daughter duo. The flight marks a significant milestone in space tourism.
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Pardes Biosciences Acquisition by MediPacific
Pardes Biosciences has announced its acquisition by MediPacific, leading to a surge in shares. The deal includes a cash offer and future monetization potential.
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U.S. Stock Futures React to Rising Bond Yields and China's Economic Turmoil
U.S. stock futures decline due to rising bond yields and China's economic turbulence. Investors concerned about market volatility. Categories: Finance, Economy, Stock Market. Tags: Stock Futures, Bond Yields, China's Economy. Keywords: U.S. stock market, bond market, China's Evergrande crisis.
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Charles Schwab Reports Slower Asset Growth in July
Charles Schwab saw a decrease in asset growth in July due to advisors leaving TD Ameritrade. This article discusses inheritance challenges, optimal portfolio diversification, the potential comeback of value stocks, the value advisors add beyond customer service, Rockefeller hiring a UBS team, and the shift towards sustainable investing.
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The Battle for United States Steel: Another Unexpected Twist
The United Steelworkers (USW) support a bid from Cleveland-Cliffs to acquire U.S. Steel, creating a new dynamic in this ongoing saga. The involvement of USW and the assignment of bidding rights to Cleveland-Cliffs have added new dimensions to the battle for U.S. Steel.
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Analysts Lower Price Targets on CVS Health
After Blue Shield of California's decision to move away from PBMs, analysts have lowered price targets on CVS Health. However, opinions on the company's future outlook remain varied.
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