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Netflix and Google Are Value Stocks, Says Oakmark’s Bill Nygren

He hasn’t always fared well, however, and a casual observer might easily dismiss Nygren. Over the past three and five years, Oakmark Select landed near the bottom of its category, despite some truly stellar calendar-year returns. Some of that volatility is due to its portfolio’s concentration: The $4.7 billion fund …

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GE Stock Upgraded by UBS with a ‘Buy,’ $14 Price Target

Markus Mittermaier, a new analyst at UBS, gave GE stock a “buy” rating yesterday. Previously, UBS offered a “neutral” rating on the stock. Mittermaier also raised GE’s price target to $14 from $11.50 given by the previous analyst. Based on yesterday’s closing price, the revised target points to over 27% …

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Turkey blasts US Senate sanctions aiming to ‘change behaviour’

Turkey denounced US senators on Thursday after they backed legislation to impose sanctions over its military offensive in northern Syria and the purchase of a Russian S-400 missile system. The Republican-led Senate Foreign Relations Committee voted 18-4 to send the “Promoting American National Security and Preventing the Resurgence of ISIS …

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Google Stock Has Risen 28.7% since the Looker Deal Announcement

On June 6, Google (GOOGL) announced that it would acquire Looker, a business software provider. Google has made five acquisitions this year, according to Crunchbase. At $2.6 billion, Looker is Google’s biggest acquisition by dollar value this year. The Google-Fitbit deal, at $2.1 billion, ranks second. Looker is to become …

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