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Market News

Location American Market News for 12 November 2021
What Are The Root Causes Of The Evergrande Crisis And How Will They Affect The Chinese Economy? As a seasoned entrepreneur doing business in China for 30 years, I foresee that there will be additional regulations and reforms in terms of how business is run in the real estate industry.
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The 4% Retirement Rule Is in Doubt. Will Your Nest Egg Last?

Wall Street Journal - 12 Nov 2021 12:30
A well-established strategy for funding our golden years is no longer foolproof. Retirees need to get creative.
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Activist Mantle Ridge Has $1.8 Billion Stake in Dollar Tree

Wall Street Journal - 12 Nov 2021 23:30
The investor plans to push the discount retailer to take action to boost its share price, according to people familiar with the matter.
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Many scams can seem surprisingly legitimate to those who spend a lot of time on social-media platforms
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Citigroup Stock Is Attractive At $68

Forbes - 12 Nov 2021 14:00
Citigroup Stock Is Attractive At $68 Citigroup stock has gained 11% YTD, which is significantly lower than the 24% rise in the S&P500 over the same period. The stock is currently trading at $68 per share and has a potential upside of 24% to its fair value o...
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Stock Futures, Bond Yields Edge Higher

Wall Street Journal - 12 Nov 2021 10:34
U.S. stock futures crept higher, suggesting the broad S&P 500 index might build on Thursday's rebound.
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J&J Is Becoming Two Companies. What Happens to My Stock?

Wall Street Journal - 12 Nov 2021 21:50
How individual shareholders, who can expect to own shares in both, are affected by the news.
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Labor Market Has No Slack in Sight

Wall Street Journal - 12 Nov 2021 19:41
Recent labor market data are the latest indication that it remains extraordinarily hard to find workers.
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The Problem With How Many Financial Advisers Set Their Fees

Wall Street Journal - 12 Nov 2021 19:00
When you're charged based on a percentage of your assets, it's worth asking yourself: Am I paying too much?
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Johnson & Johnson Breakup Is No Clean Sweep

Wall Street Journal - 12 Nov 2021 18:42
Johnson & Johnson is the third major multinational to announce this week that it will break itself up--but while there is logic to separating off consumer healthcare brands like Tylenol and Listerine, it is no home run.
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$1.2 Trillion Infrastructure Bill Means More Metals And Mining Will Be Needed I believe this bill is generally constructive news for the metals and mining industry, which will be tasked with supplying the critical minerals necessary to build and improve the nation's roads, bridges, ports, power gr...
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Phillips 66 Ex-Dividend Reminder - 11/16/21

Forbes - 12 Nov 2021 17:49
Phillips 66 Ex-Dividend Reminder - 11/16/21 On 11/16/21, Phillips 66 will trade ex-dividend, for its quarterly dividend of $0.92, payable on 12/1/21.
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JNJ Following GE's Lead: Is Breaking Up Really That Hard To Do? Johnson & Johnson will split off consumer brands division Following General Electric's lead.
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Shares in the electric vehicle maker rose, adding to its $100 billion market capitalization
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Warby Parker reported Friday that its third-quarter revenue rose 32% from year-ago levels, but its losses widened.
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What's New With Nio Stock?

Forbes - 12 Nov 2021 16:30
What's New With Nio Stock? Chinese premium EV maker Nio saw its stock decline by about 5% over the last week (five trading days), underperforming the S&P 500 which remained roughly flat over the same period. The decline comes as Nio guided for lig...
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The Trade Desk Is Doing Well Despite Ad Industry Upheaval. Is The Stock A Buy? The Trade Desk, a company that sells advertising technology that helps marketers reach targeted audiences across publishers and devices, has seen its stock price rally by about 16% over the last week (five trading days)....
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War On Inflation, Part 1: The Lesson Of World War II The only way to forestall inflation - or, worse, stagflation - is to restore American production, and to do so massively. This is now not only economically, but indeed existentially imperative. Our recent history - espec...
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Inflation Expectations Could Be a Freudian Slip for the Fed

Wall Street Journal - 12 Nov 2021 15:35
Central banks would be ill-advised to tighten monetary policy just because consumers say they think inflation will be higher in 10 years' time.
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Gaining 8% Over The Last Month, What's Next For DoorDash Stock? DoorDash stock has gained about 4% over the last week, outperforming the S&P 500 which remained roughly flat over the same period. The stock also remains up by about 8% over the last month, compared to the S&P 500, which...
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Meet Your New Student Loan Servicer

Forbes - 12 Nov 2021 15:30
Meet Your New Student Loan Servicer For 8.5 million student loan borrowers, meet your new student loan servicer.
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What's Next For Perrigo Stock After Its Recent 11% Fall? A couple of months back we discussed that Perrigo stock, a private label over-the-counter pharmaceuticals company, may see lower levels, based on the Trefis machine learning engine, which analyzes historical stock price ...
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