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[ad_1] An employee arranges Apple iPhones as customer shop at an Apple store.Mike Segar | ReutersCheck out the companies making headlines in midday trading.Apple — The big technology stock shed 5% following a rare downgrade by Bank of America. The bank downgraded shares of the iPhone maker to neutral and
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[ad_1] Check out the companies making headlines before the bell:Apple (AAPL) – Apple lost 2.2% in the premarket after BofA Securities downgraded it to neutral from buy. BofA said Apple has held up relatively well in a down market, but it expects a negative impact on the company from weakening
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[ad_1] The Bank of England on Wednesday launched a historic intervention in the U.K. bond market in order to shore up financial stability, with markets in disarray following the new government's fiscal policy announcements.Bloomberg | Bloomberg | Getty ImagesLONDON – The Bank of England launched a historic intervention to stabilize
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[ad_1] Ray Dalio, founder of Bridgewater Associates LP, speaks during a panel session on day three of the World Economic Forum (WEF) in Davos, Switzerland, on Wednesday, May 25, 2022.Bloomberg | Bloomberg | Getty ImagesThe financial market turmoil resulting from the U.K. government's spending plan "suggests incompetence," according to billionaire
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[ad_1] Zee Business Top Picks 28th Sep'22: LIVE: RBI Monetary Policy Review Meeting Begins - MPC to recommend another hike? Date, Time, Expectations, Possible Outcomes - Latest News, Updates. Among other top news, Government hikes Dearness Allowance by 4 per cent to 38 per cent. Also know the top gainers and losers on the
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[ad_1] Check out the companies making headlines before the bell:Biogen (BIIB) – Biogen soared 45.6% in premarket trading after Biogen and Japanese partner Eisai said their experimental Alzheimer's drug dramatically slowed the disease's progression in a study, reducing cognitive and functional decline by 27%.Thor Industries (THO) – Thor Industries gained
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[ad_1] Check out the companies making the biggest moves midday:Hertz — Shares of the rental car company jumped 1.9% after the company announced a partnership with BP's electric vehicle charging unit that will put thousands of charging stations at Hertz locations. Many of the stations will be used to charge
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[ad_1] An exterior view shows Encore Las Vegas (L) and Wynn Las Vegas as the coronavirus continues to spread across the United States on March 15, 2020 in Las Vegas, Nevada.Ethan Miller | Getty ImagesCheck out the companies making headlines in midday trading.Las Vegas Sands, Wynn Resorts — Shares of
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[ad_1] Britain's Prime Minister Liz Truss and Britain's Chancellor of the Exchequer Kwasi Kwarteng.Dylan Martinez | Afp | Getty ImagesLONDON – The first fiscal policy announcement from new British Prime Minister Liz Truss's government has been met with one of the most pronounced market sell-offs in recent history.The British pound
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[ad_1] ETFs are seeing a record surge in popularity.The industry hit a milestone with more than 3,000 ETFs trading simultaneously for the first time ever this month — a 30% increase since December 2020, according to Morningstar.And this year investors are taking more active strategies, such as single-stock ETFs that
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