Bill Ekman, CEO of Pursing Square Capital Management Getty Bill Ackman, the billionaire hedge-fund giant, was asked on Thursday if the nasty market route, which pulled the tech-heavy Nasdaq composite down 5%, was dark in root stocks. The answer was no. Also, maybe. “ ‘It’s certainly not the beginning of …
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The Dow Jones Industrial Average will see a handful of significant changes on Monday morning, but that, perhaps, change in how it will be calculated, will be the most important for Wall Street in the near term. Starting Monday’s opening, the so-called divisor – the figure used to determine the …
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Tesla Inc. The shares will start trading on Monday after a 5-for-1 stock split. Tesla TSLA, -1.08% The split was announced on August 11, saying it would “make share ownership more accessible to employees and investors.” Dividends of four additional shares of common stock for each subsequent share will be …
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Shares were up modestly on Friday, with the Dow Jones Industrial Average hitting its 2020 low and the S&P 500 index on another record near track, as investors outperformed U.S. consumer spending and confidence data a day after the Federal Reserve announced a policy shift. Checked. It will allow employment …
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The New Zealand NZX exchange is targeting four days of DDoS attacks this week. Getty Images The New Zealand Stock Exchange stopped trading for a fourth day in a row on Friday due to multiple cyber attacks. “We are currently experiencing connectivity issues similar to those caused by severe offshore …
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