European equities slipped as U.S. futures fluctuated on Thursday as a global rally in equities showed signs of fluctuating after stimulus talks in Washington remained deadslot. The dollar fell before important data on unemployment were available. The Stoxx Europe 600 Index rallied lower on declines in miners and insurers. Aegon …
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Off-price retailer Stein Mart Inc. announced bankruptcy on Tuesday amid rising off-price pressures, a retail category that grew for COVID-19. To be sure, Stein Mart SMRT, -37.89% , like many other retailers that have submitted Chapter 11, face challenges even before the coronavirus pandemic. Fiscal losses for 2019 totaled 22 …
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Chuck Robbins, Chief Executive Officer of Cisco Technologies Inc., paused during a panel session on day two of the World Economic Forum in Davos, Switzerland, on January 22, 2020. Jason Alden | Bloomberg | Getty Images Cisco shares fell about 6% in extended trading on Wednesday after the maker of …
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A traveler wearing a protective mask is waiting to put a suitcase in the back of a car with parts of ride that displayed Lift signs at San Francisco International Airport on Monday, May 4, 2020. Paul Morris | Bloomberg via Getty Images Lyft just reported revenue in the second …
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Text size Getty Images U.S. equities stand despite the lack of progress in efforts to negotiate another stimulus package and further data showing strengthening inflation. Shortly after the open, the Dow Jones Industrial Average averaged 263 points, or 1%, up 27,950. The S&P 500 also advanced 1%, while the Nasdaq …
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