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Pinterest shares soar after Elliott reveals it’s the largest contributor

The screens display the Pinterest Inc. logo. During the company’s initial public offering on the front of the New York Stock Exchange (NYSE) in New York, US, April 18, 2019. REUTERS / Brendan McDermid Register now to get free unlimited access to Reuters.com Register Activist investor Elliott Investment Management revealed on Monday that it has …

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HSBC stops Ping An breakup call, raises profit and pay target

HSBC returns to pay quarterly dividends from 2023 Aims to win over investors with higher profitability goal He says the separation of the Asian business carries enormous risks London shares rise 6% LONDON/SINGAPORE (Aug. 1) (Reuters) – HSBA.L has rejected a proposal by China’s Ping An Insurance Group (601318.SS) to split the bank, a move …

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S&P 500 and Nasdaq post biggest monthly gains since 2020

Apple sees continued strength in iPhone demand Amazon expects higher revenue in the third quarter Intel cuts annual forecasts, stocks slump Oil giants Exxon and Chevron jump after achieving record revenues Indices: Dow Jones rose 1%, Standard & Poor’s 500 rose 1.4%, Nasdaq rose 1.9%. NEW YORK (Reuters) – US stocks added to their latest …

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As Zuckerberg bets on TikTok-style videos, Meta heads for first-ever revenue drop

Men take selfies in front of the Meta sign, the new name of the company formerly known as Facebook, at its headquarters in Menlo Park, California, US, October 28, 2021. REUTERS/Carlos Parilla Global Business Week beforehand Register now to get free unlimited access to Reuters.com Register July 26 (Reuters) – The future of Meta (METAO) …

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Credit Suisse expected to announce Korner as CEO, latest change on his head – sources

July 26 (Reuters) – Credit Suisse Group AG (CSGN.S) is expected to announce its new CEO, Ulrich Koerner, in the latest management shakeup at the Swiss bank as it struggles to recover from a series of scandals, two people familiar with the matter said. . He said the situation on Tuesday. Pressure has been mounting …

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From burgers to bleach, stressed consumers buy cheap

NEW YORK/LONDON, July 26 (Reuters) – Some global consumers are showing signs of a meltdown, with shoppers confirming record inflation is sticking to basics like food, bleach and cheap burgers, while larger bank account holders buy $3,000 Louis Vuitton handbags. . Investors are closely watching corporate results for signs that economies are heading for a …

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Amazon raises Prime prices in Europe as retailers grapple with costs

NEW YORK, July 25 (Reuters) – Amazon.com Inc (AMZN.O) said it will raise fees for its Prime delivery and streaming service in Europe by up to 43% annually, the online retailer said Monday, in The time it moves to tackle rising costs is days before it announces its quarterly financial results. The price hike, after …

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Wall Street Week Coming Strong Dollar Looms During US Earning Season

A Wall Street sign outside the New York Stock Exchange in New York City, New York, US, October 2, 2020. REUTERS/Carlo Allegri Register now to get free unlimited access to Reuters.com Register NEW YORK, July 21 (Reuters) – Companies that report earnings in the coming weeks are likely to cite a common factor in their …

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