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Stocks making the biggest moves midday: Global Payments, Moderna, Activision Blizzard and more

Boxes containing the Moderna COVID-19 vaccine are prepared to be shipped at the McKesson distribution center in Olive Branch, Mississippi, December 20, 2020.Paul Sancya | Pool | ReutersCheck out the companies making headlines in midday trading Monday.Global Payments — Shares of the company sank 9.8% despite a better-than-expected earnings

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Goldman Sachs CEO David Solomon says in-person attendance tops 50% after return-to-office push

Goldman Sachs CEO David Solomon's campaign to summon more of his employees back to the office is a work in progress that could take years, he said.In-person attendance at U.S. offices is between 50% and 60%, down from a pre-Covid figure of roughly 80%, Solomon told CNBC's David Faber

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L&T Finance explores exiting realty projects lending business

L&T Finance is exploring "inorganic structures" to exit the real estate projects lending business or at least reduce its exposure in the segment by partnering with other financiers, a top company official said on Monday. The company is also looking to partner with dedicated funds to create a platform

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Citadel’s flagship hedge fund rallied 7% in April during turmoil, brings 2022 returns to nearly 13%

Ken Griffin, Founder and CEO, CitadelMike Blake | ReutersBillionaire investor Ken Griffin's hedge fund wowed the industry with big outperformance in April, overcoming a brutal market rout and extreme volatility.Citadel's multistrategy flagship fund Wellington rallied 7.5% last month, bringing its year-to-date performance to 12.7%, according to a person familiar

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The Federal Reserve’s fight with inflation could cool the hot labor market, risking stagflation

The Federal Reserve is hiking interest rates in an effort to defuse an explosive year of price inflation. But global forces could neutralize the effects of that tightening of monetary policy, and keep inflation high.Some observers believe the U.S. government may have misread the looming threat of inflation. During

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Gold plunges Rs 745; silver tumbles Rs 1,228

New Delhi: Gold in the national capital on Monday plunged Rs 745 to Rs 50,936 per 10 grams in line with the fall in international precious metal prices, according to HDFC Securities. In the previous trade, the precious metal settled at Rs 51,681 per 10 grams. Silver also tumbled

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Buffett bought more Apple last quarter and says he would have added more if the stock didn’t rebound

Warren Buffett and Charlie Munger at Berkshire Hathaway shareholder meeting, April 30, 2022.CNBCWarren Buffett bought the dip in his No. 1 stock Apple during the tech giant's sell-off in the first quarter.Berkshire Hathaway's Chairman and CEO told CNBC's Becky Quick that he scooped up $600 million worth of Apple

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Primex Finance: Dismantling trading barriers with blockchain

Finance is one of the oldest industries that has evolved into a diversified market with many products and services. It has developed layers of control to protect money and power and has segmented into national jurisdictions with centralised trading hubs, such as the NYSE or EuroNext. This highly regulated, insular

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RRA recommends withdrawal of 225 more circulars: RBI

The Reserve Bank of India (RBI) on Monday said the Regulations Review Authority has recommended the withdrawal of additional 225 redundant circulars. The Reserve had set up the Regulations Review Authority (RRA 2.0) with an objective to reduce the compliance burden on regulated entities (REs). "Regulations Review Authority

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Stocks making the biggest moves in the premarket: Activision Blizzard, Bilibili, Moody’s and more

Take a look at some of the biggest movers in the premarket:Activision Blizzard (ATVI) – Activision shares jumped 2.7% in premarket trading after Warren Buffett told the Berkshire annual meeting that the company had increased its stake in the videogame maker.Bilibili (BILI) – The China-based online gaming company's stock

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