Finance

Check out the companies making headlines before the bell: Coca-Cola – Coca-Cola struck a deal buy Costa, the world’s second-largest coffee chain, from Britain’s Whitbread for $5.1 billion, including assumed debt. Costa has nearly 4,000 locations across a variety of international markets. Lululemon – Lululemon reported second-quarter profit of 71 cents per share, well above
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Signet’s performance was buoyed by double-digit sales growth from from its e-commerce websites and strong revenue in North America. Signet has now beat sales expectations for three consecutive quarters. Moment of transition The strong results come at a moment of transition for the jewelry maker. The company said CFO Michele Santana is planning to leave
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Investors should buy Take-Two Interactive shares ahead of the release of the “Red Dead Redemption 2” game, according to Bank of America Merrill Lynch. The firm reiterated its buy rating for Take-Two shares, predicting the gamemaker will report earnings above expectations in its next fiscal year. Take-Two’s “Red Dead Redemption 2” is slated to be
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Hong Kong’s burgeoning financial links with China hold enormous opportunities — but they carry risks for its banking sector as well. Compared to Hong Kong’s, mainland China’s financial regulatory regime can be less transparent. So, as financial institutions from the mainland increasingly operate in the semi-autonomous financial hub, potential business partners need to be aware
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Drew Angerer | Getty Images News | Getty Images  A woman jogs past an H&R Block office on Tax Day, April 18, 2017. Check out the companies making headlines after the bell: H&R Block shares rose 4.5 percent during after-hours trading following better-than-expected earnings for its first quarter, but subsequently erased those gains. The tax
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Check out the companies making headlines after the bell: Shares of Akcea Therapeutics and Ionis Pharmaceuticals plummeted more than 21 percent and nearly 15 percent, respectively, during after-hours trading after the two companies announced that they had received a complete response letter from the FDA regarding a new drug application for Waylivra. A complete response
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One of the year’s biggest bulls is bracing for a near-term pullback. Federated Investors’ Phil Orlando believes escalating geopolitical risks will put pressure on stocks in coming weeks. He’s concerned that uncertainty surrounding Federal Reserve policy, the Mueller investigation, midterm elections and the tariff war could trigger a downside move. “That’s exactly what’s on my
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United will be associating itself with some of the biggest, and hottest, U.S. tech company stocks and potentially be eligible to join the Nasdaq 100 index, tracked by the $70 billion Invesco QQQ exchange-traded fund. News of the move comes just over a month since the $23 billion company topped second-quarter profit expectations and raised
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The “Fast Money” traders shared their first moves for the market open. Tim Seymour was a buyer of Tencent Karen Finerman was a buyer of Alibaba Brian Kelly was a buyer of the United States Oil Fund Steve Grasso was a buyer of Canopy Growth Trader disclosure: On August 23, 2018 the following stocks and
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Ronaldo Schemidt | AFP | Getty Images Celebration of San Juan de Dios festivity in Tultepec, near Mexico City, Mexico. Barclays raised its year-end projection for the S&P 500 on Thursday, explaining that the bank’s new forecasting model better captures strong second-quarter earnings. Chief equity strategist Maneesh Deshpande revised his December target to 3,000 points,
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