JACKSONVILLE, Fla. – Within hours of TMZ reporting that Winn-Dixie was considering changing the name it used for over 100 years, a spokesman for Jacksonville-based Southeastern Grocers said there are no immediate plans to do so. TMZ reported that Winn-Dixie sources said the network is considering the name change because, …
Read More »Inovio withdraws from 20-year high, as lifelong bull says he’s ‘less palatable’ after recent rally
Shares of Inovio Pharmaceuticals Inc. rebounded to a 20-year high in high volumes on Friday, erasing a previous sharp loss, after a longtime bull downgraded the Pennsylvania-based biotech company, and later that the company disclosed some terms of the funding agreement with the US Department of Defense announced earlier this …
Read More »A new card links your credit to your social media statistics
Spencer Donnelly, who According to TheRussianBadger on YouTube, he has cultivated an audience of almost 2.7 million subscribers for his game videos. For years, the business has been optimistic. YouTube shares a percentage of the advertising revenue on each of its videos, and the money is good enough that playing …
Read More »Asian markets win after US bank stress test results
BEIJING (Reuters) – Asian equity markets followed Wall Street higher on Friday after US regulators removed some limits on banks’ ability to make investments. The Nikkei 225 NIK, + 1.13% in Tokyo it increased by 0.9%, while Kospi 180721 in Seoul, + 1.05% gained 1%. Hang Seng HSI from Hong …
Read More »The Fed limits bank dividend payments and suspends share buybacks for the third quarter after stress tests
On Thursday, the Federal Reserve voted in favor of requiring large banks to preserve capital by suspending share buybacks and dividend payments in the third quarter. In a 4-to-1 vote, the Fed will tie dividend distribution to a formula based on recent earnings. The formula establishes the third quarter dividends …
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