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01 Apr, 2020
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Amazon Hit with Restrictions on Whole Food Locations from Retailers
Recently, Target has had a strong disagreement with sharing the same location leases with Whole Foods due to worries of competition with Amazon.com, Inc. (NASDAQ: AMZN) San Francisco’s City Center mall was about to lease a retail space for Who..
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Adobe Shares Jump on Strong 2018 Profit Forecast
Adobe Systems Incorporated (NASDAQ: ADBE) shares jumped over 10 percent on Thursday after the company provided better-than-expected 2018 profit forecast.The California-based company estimates earning per share for its fiscal year 2018 will be $5.50,..
Adobe Shares Fall After Earnings
Adobe Systems Incorporated (NASDAQ: ADBE) on Tuesday reported fiscal third quarter earnings that beat analysts’ estimate. But its shares are traded lower as four quarter guidance just matches estimates.The software maker said revenue rose 26 p..
Deutsche Bank Moves $350 Billion to Frankfurt
Deutsche Bank AG (NYSE: DB) plans to shift about $350 billion from the U.K. to Frankfurt as client trading and assets migrate there after Britain’s decision to leave the European Union. This project is called Bowline and calls for Frankfu..
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Toshiba Misses Deadline to Sell Chip
Toshiba’s sale of its memory chip unit for $18 billion has been pushed back due to disagreement of opinions within the consortium chosen as the preferred bidder. Western Digital was sued for interfering in the sale one day after the bid was re..
Adobe Systems Inc. (NASDAQ: ADBE) Earnings Expectations
Adobe Systems Inc. (NASDAQ: ADBE) is releasing earnings after the bell today, currently sitting at 140.60 the Street expects good tidings for this company.Adobe hasn’t missed a guidance since 2013, a testament to a good business model and..
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