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Business software company Salesforce Inc. (CRM) is set to report quarterly earnings on Thursday, with analysts bullish about the company amid higher demand for cloud-based solutions. Revenues at the San Francisco-based firm, led by chief executive Marc Benioff (pictured), are expected to come in at $4.85bn during the first three months of the year, a…
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Between the inexpensive gas, the free food samples, and the treasure hunt feeling of finding your favorite product, Costco inspires a loyalty that few other grocery stores command. It’s perhaps the only grocery store that doubles as the site of a family outing on weekends. Plus, the parking lot is reliably full; a good sign…
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Landlords have exhausted their patience on delayed rent payments as default notices are starting to arrive at the doors of US retail businesses, according to reports. Thousands of default notices have been sent to commercial tenants including restaurants, clothing outlets, and department stores, after these businesses have failed to pay rent for the past three…
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Intel doesn’t get as much coverage as more ‘exciting’ tech stocks like Apple, Google, and Facebook. But this 52-year old corporation has been at the forefront of driving technology forward with groundbreaking computer processors and chips. Intel’s tradition of innovation continues today and there are plenty of reasons to think that the future is bright…
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Pubs, showrooms, restaurants, markets, independent shops and department stores are looking ahead to 15 June — the date that Prime Minister Boris Johnson gave as the go-ahead for high street businesses to reopen. Britain is now preparing to open up its economy, a move that will provide a welcome boost for companies forced to close…
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Costco’s quarterly earnings will be posted on Thursday with analysts expecting higher sales but shrinking margins amid the pandemic, as consumers flocked to essential retailers. Big-box consumer wholesaler Costco will report its third fiscal quarter earnings after the market closes with revenues forecasted to range between $36.5bn and $37.1bn, up from $34.74bn the previous year….
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US and UK consumer confidence dipped back down to its joint-lowest level in May since the global financial crisis in 2009. Despite shops reopening after the loosening of lockdown restrictions and foot traffic increasing, broader indexes of economic activity are still stalled. US data is released on Tuesday bt the published by The Conference Board,…
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Billionaire hedge fund manager Ray Dalio says China will create a new world order as it eclipses the US to become “the most powerful empire” on the globe. Dalio’s comments come amid falling global markets after China withdrew its growth domestic product [GDP] growth target, heightened tensions between the US and China, and Beijing planning…
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Mylan (NASDAQ:MYL) is a leading American pharmaceutical company specialized in generic drugs. It markets its products in more than 165 countries, employs over 35,000 people worldwide and is listed on the NASDAQ. Considering buying Mylan stock today? In this guide, we’ll walk you through how to choose the right broker, how to buy stocks and…
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Berkshire Hathaway (NYSE:BRK.B) is the company behind Warren Buffett’s legendary success. In addition to its presence in the stock market, Berkshire Hathaway’s business spans across sectors from insurance, utilities & energy to transportation, manufacturing and retail. Warren Buffett’s investment acumen helped grow Berkshire from a near-bankrupt textile company into one of the largest companies in…
