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Market News

Location American Market News for 12 November 2020
How Traders Improve Tax Savings With Year-End Strategies Year-end tax planning for traders varies based on eligibility for trader tax status (TTS) in 2020 and 2021. There are different strategies to consider for investors, TTS traders using the capital gains method, and TTS tr...
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Helping Dad Decide Whether to Change His Medicare Coverage

Wall Street Journal - 12 Nov 2020 12:30
How to shop for a Medicare plan for an older relative in time for the federal health-insurance program's open enrollment period.
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The timing this week of Albert Bourla's sale of about $5.6 million in company shares--on the same day it announced positive results from its Covid-19 vaccine--is drawing scrutiny from some investors
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Cano Health Nears Deal With Barry Sternlicht SPAC

Wall Street Journal - 12 Nov 2020 02:41
A blank-check company backed by real-estate investor Barry Sternlicht is in talks to merge with Cano Health in a $4.4 billion deal that would take the health-care provider for seniors public, according to people familiar...
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Unity Software's stock fell more than 6% in after-hours trading on Thursday as the company posted widening net losses in its third-quarter earnings.
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Big Tech, Data Privacy, And The Boards Role

Forbes - 12 Nov 2020 22:34
Big Tech, Data Privacy, And The Boards Role Better privacy practices are a good long term business move as consumers are increasingly more concerned with how their data is stored and used.
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The group is marginally more diverse than in past years and heavier on coders, but still dominated by traders and deal makers.
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Citizens Financial Group Shares Cross 5% Yield Mark In trading on Thursday, shares of Citizens Financial Group were yielding above the 5% mark based on its quarterly dividend (annualized to $1.56), with the stock changing hands as low as $30.20 on the day.
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Seagate Technology Shares Cross 5% Yield Mark In trading on Thursday, shares of Seagate Technology were yielding above the 5% mark based on its quarterly dividend (annualized to $2.68), with the stock changing hands as low as $52.87 on the day.
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White House Will Step Back From Stimulus Talks As Pelosi Slams Republicans For Refusing To Address Covid-19 Resurgence "They're engaged in an absurd circus right now," the House Speaker said.
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Top Stocks To Short Today As COVID Surges To Record Highs The vaccine-related recovery rally appeared to stall today. After surging to intraday records earlier in the week, the Dow Jones and S&P 500 sharply declined today, while the Nasdaq mildly gained. The deep learning algor...
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Deutsche Bank: Workers Should Pay 5% 'Privilege' Tax To Work From Home After Covid Deutsche estimates the proposed tax-which hasn't gained any traction in Washington-would raise nearly $50 billion that could be used to fund subsidies for essential workers.
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Elizabeth Warren: Biden Should Cancel Will I get student loan forgiveness?
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Pfizer's coronavirus vaccine results have made the price of Rolls-Royce's rights issue appear very low in retrospect.
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Oil Forecasters' Gloom Eclipsed by Vaccine Hope

Wall Street Journal - 12 Nov 2020 19:21
For the first time since March, there are silver linings to be found in the oil-demand outlook.
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Twitter Joins Netflix And PayPal With Commitment To Invest In Racial Equality The social media giant plans to invest $100 million in community development financial institutions, DealBook first reported Thursday.
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Top Stocks To Buy Today As S&P 500 Drops Amid Recovery Rally The rally in recovery stocks was on pause today after the Dow Jones and S&P 500 declined. The Dow dropped 207 points, or 0.7%, while the S&P 500 declined by 0.4%. For investors looking to make the most of this market, ou...
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Tourism Investors Missed Their Ticket to Paradise

Wall Street Journal - 12 Nov 2020 18:28
While a vaccine will be great news for future travel, investors won't find an early-bird discount.
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Behind Ant Group's Failed IPO. A Sign Of More To Come? Watch Washington's moves on China securities. The financial part of the trade war might not end under a President Biden.
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Ant Group's Failed IPO Is A China Problem, Not A Fintech Problem Ant Group's failed IPO and what it means for emerging market fintech. Will investors treat them suspiciously?
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Why IHS Markit Stock Continues To Soar

Forbes - 12 Nov 2020 17:30
Why IHS Markit Stock Continues To Soar IHS Markit Stock is up by about 20% year-to-date and is up about 2x from the lows seen in mid-March, trading at levels of about $91 per share. So what's driving the run-up in the stock price? Firstly, investors have been...
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Anheuser-Busch InBev Stock Up 90%; What's Next? After an impressive rise of 90% since its March lows of this year, at the current price of $67 per share, Anheuser-Busch InBev stock looks fairly valued. BUD's stock has rallied from $35 to $67 off the recent bottom comp...
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