Wednesday, October 27, 2021

Stocks making the biggest moves midday: Oracle, General Electric, Southwest Airlines and more

An exterior view of the Oracle Field Office at Wilson Boulevard in Arlington, Virginia, October 18, 2019.Tom Brenner | ReutersCheck out the companies making headlines in midday trading.Oracle – The tech company's shares slid more than 3% after Oracle's first-quarter revenue missed expectations. The company reported sales of $9.73

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SoftBank says new Latin America fund has at least $3 billion to invest in regional start-ups

WeWork Executive Chairman Marcelo Claure during an interview with Andrew Ross Sorkin at WeWork headquarters in New York City on February 10, 2020.David A. Grogan | CNBCSoftBank Group is committing $3 billion to kickstart a second fund focused on investing in start-ups in Latin America, the Japanese tech conglomerate

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NCDEX posts 115% rise in average daily turnover value in August

Kolkata: The National Commodity and Derivatives Exchange (NCDEX) has posted 115% rise in the average daily turnover value (ADTV) of Rs 2,444 crore in August 2021 despite restrictions on chana futures, one of its key liquid contracts in the pulses segment, a media release issued by the exchange said. It

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Goldman names Denis Coleman as new CFO starting next year for retiring Stephen Scherr

Stephen Scherr, chief strategy officer and head of GS Bank USA at Goldman Sachs & Co.Jon Halty | Bloomberg | Getty ImagesGoldman Sachs named Denis Coleman the bank's new chief financial officer beginning next year.Coleman, the current co-head of the firm's Global Financing Group, will take over for Stephen

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Stocks making the biggest moves in the premarket: Oracle, Angi, Herbalife Nutrition and more

Take a look at some of the biggest movers in the premarket:Oracle (ORCL) – Oracle reported quarterly earnings of $1.03 per share, 6 cents a share above consensus estimates. The business software giant's revenue fell short of forecasts, however, amid increasing cloud computing competition. Oracle fell 2.5% in the

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Madras High Court withdraws its order on bumper-to-bumper insurance

The Madras High Court has withdrawn its earlier order directing insurance companies to ensure bumper-to-bumper insurance for five years for new vehicles sold from September 1, 2021, after IRDA and others submitted it was impossible to implement the directive. The withdrawal follows the submissions of the counsels for the Insurance

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