China said Tuesday that manufacturing activity expanded in June with the Purchasing Manager’s official index reaching 50.9. Economists polled by Reuters expected the official manufacturing PMI number to hit 50.4. PMI readings above 50 indicate expansion, while those below this level indicate contraction. In May, the official manufacturing PMI reached …
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The Popeyes chicken sandwich craze may be long gone, but the effects of the sandwich’s release are still being felt at the register, according to the head of the restaurant chain’s parent company. Jose Cil, the CEO of Restaurant Brands, told CNBC’s Jim Cramer on Monday that the chicken sandwich …
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US stock futures rose slightly in overnight trading and signaled gains at the opening on Tuesday, the last trading day of a volatile month for the stocks. Dow futures were up 80 points, or 0.45%. The S&P 500 and Nasdaq-100 would also open higher, with gains of 0.45% and 0.50%, …
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Text size Raise your hand if you saw it coming? That’s the massive gain from the Dow Jones Industrial Average, of course. The Dow was up 580.25 points, or 2.3%, while the S&P 500 was up 1.5%, and the Nasdaq Composite finished 1.2%. The first gains were boosted by Boeing …
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(LR) Michael Corbat, CEO, Citigroup Inc., Jamie Dimon, CEO, JPMorgan Chase & Co., James Gorman, CEO, Morgan Stanley, Brian Moynihan, CEO, Bank of America Corp., Ron O’Hanley , President and CEO of State Street Corp., Charles Scharf, CEO of Bank of New York Mellon Corp., and David Solomon, CEO of …
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