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Fiat Chrysler, UAW reach new tentative labor deal

DETROIT – Fiat Chrysler and the United Auto Workers union have reached a tentative deal on a new labor contract amid tumultuous times for both sides. The UAW Bargaining Committee agreed to a deal with Fiat Chrysler to add $4.5 billion in investments, translating to 7,900 jobs over the course …

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Apple Shares Surge 72%, Rocket Ahead of Overall Market

Apple Inc. (NASDAQ: AAPL) stock is up and extraordinary 71.62% this year, far outpacing the Dow Jones industrial average or any of its other components. The surge puts Apple’s shares at $270.71. The Dow is up about 20% to 28,015.06 over the same period. No other Dow stock has risen …

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Fiat Chrysler faces $1.6 billion tax bill in Italy

MILAN — Italy is demanding EUR1.4 billion ($1.6 billion) in unpaid taxes from Fiat Chrysler Automobiles NV, in another hit to the car maker as it tries to complete its merger with Peugeot maker PSA Group while defending itself against a major lawsuit from General Motors Co. in the U.S. …

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Fiat undervalued Chrysler by $5.6 billion, Italian government says

MILAN — Fiat Chrysler Automobiles said it strongly disagreed with a tax authority claim that it had underestimated the value of its U.S. business following its acquisition of Chrysler. Italian tax authorities said FCA underestimated the value of its American business by 5.1 billion euros ($5.6 billion) during its phased …

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General Electric Stock Is Likely to Stay Rangebound

I was definitely surprised by the sharp rally of General Electric (NYSE:GE) stock. GE stock price has surged over 30% in two months, and the stock trades near $11. I thought that GE stock might not be able to rise above $10 for the foreseeable future. While there are positive …

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3 Tech Stocks You Can Buy and Hold for the Next Decade

Finding good buy-and-hold stocks to invest in for the long term can be a bit of a challenge. This is especially true in the tech industry, where what’s popular today may become tomorrow’s fad. However, the three tech stocks below are household names that investors should feel safe holding on to …

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Buy Apple (AAPL) Stock on Analyst Optimism Heading into 2020?

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Apple AAPL closed up over 1.4% Thursday after a Citi analyst predicted the iPhone maker to outperform this upcoming holiday season. Citi analyst Jim Suva is optimistic about Apple this holiday season and sees the firm’s pricing strategy and recent demand trends driving …

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