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01 Apr, 2020
Digital Currency Ethereum Plunges 20%
A 20% fall on Sunday gave rise to concerns about the future of digital currency Ethereum. There have already been many speculations circulating about the future of rival Bitcoin and this sudden dip only served to add more conjectures into the mix. &..
Abercrombie & Fitch’s Stock Plummets
On Monday, teen clothing retailer Abercrombie & Fitch (NYSE: ANF) declared that they are not interested in being acquired by any company but rather focus on fixing the business as a whole. Many of these companies wanted to buy Abercrombie in hop..
Tech Stocks Continue to be the Center of Attention
At the end of last week, the market saw some heartening gains, thanks in main to the tech sector which made a show of strength in no uncertain terms. Tech Stocks Continue to be the Center of Attentionin this segment have been performing well over th..
Campbell Soup to Buy Pacific Foods for 700 Million
Campbell Soup Co. (NYSE: CPB) on Thursday announced that it agreed to acquire Pacific Foods of Oregon for $700 million in cash, a move to boost the company’s healthy organic food business.Founded in 1987, Pacific Foods is a leading producer of..
Shares Pull Up In Financial Sector
Wednesday was a good day for the financial sector as markets pulled for stocks here, indicating favorable investors sentiment. The SP 500 touched its largest single- day gain over a period of two months on Wednesday and the NASDAQ matched pace by po..
Shareholders Reject EpiPen Maker's $98 Million Payout
Mylan Inc. (NASDAQ: MYL) made waves earlier this year by awarding former CEO Robert Coury $98 million despite criticism for increasing the company’s EpiPen by 400 percent over seven years. According to CNNMoney, shareholders of the corpor..
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