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Tag Archives: expected

Ford Stock Downgraded to Junk Status

You would be forgiven for thinking that the situation is looking a little brighter for American automaker Ford (NYSE:F). Since closing at decade-long low of $4.01 on Monday, Ford stock has seen big gains. Its close of $5.39 on Wednesday represents a 34% improvement. The company will get a lifeline …

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Coronavirus: The economic impact so far in five charts

The World Heath Organisation has not yet declared coronavirus a pandemic, namely a disease epidemic that has spread in a self-sustaining fashion around the planet. But Covid-19 has certainly shaken the planet’s economy and financial markets already. Read more Airports around the world empty as coronavirus outbreak takes hold Download the new Independent …

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GE and Danaher Get FTC Clearance for BioPharma Deal

The U.S. Federal Trade Commission (FTC) has cleared the path for the sale of General Electric Co.’s (NYSE:GE) BioPharma unit to Danaher Corp. (NYSE:DHR). The deal was announced in February, 2019. Danaher is a medical company that operates in three segments: life sciences, diagnostics, and environmental applied solutions. In a …

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5 Blue-Chip Tech Stocks to Buy Amid Coronavirus Sell-Off

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="The pandemic coronavirus has pushed the stocks into bear market territory. All three major indices, namely the Dow Jones, the Samp;P 500 and the Nasdaq suffered heavy losses on Mar 12 as the panic selling continued unabated.brbrPer CNBC data, Dow and Samp;P 500 …

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Daily Markets: Breaking Records in All The Worst Ways

Today‘s Big Picture We knew this week was likely to be one for the record books, but living through it hour by hour is a whole different thing. President Trump‘s speech Wednesday night didn’t quite do the trick, nor did the announcement from European Central Bank head Christine Lagarde. The …

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