“ ‘This market is shaping up to be one of the greatest short opportunities of all time. The problems are coming, I don’t know when, but they are coming. “ That’s legendary short seller Jim Chanos, fresh out of a $ 100 million victory, casting sadness over the current state …
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Text size Joe Klamar / AFP via Getty Images Gold prices have rebounded to new highs, helped by renewed weakness in the dollar, and the metal may soon be on the verge of reaching $ 2,000 an ounce. Gold rose $ 35 to $ 1,937 an ounce in early trading …
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The company blamed the wave of temporary store closings in March and April and the closure of factories worldwide due to Covid-19 for the weak results. Hasbro said that Chinese factories, which account for about 55% of the company’s production, are now operating at normal levels and are trying to …
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Walgreens Boots Alliance Inc. (AMB) – Get report He said Monday that CEO Stefano Pessina will step down after five years at the helm of the pharmacy group. Pessina, 79, will transition to the role of CEO, with incumbent President Jim Skinner aside to make room for the Italian-born billionaire …
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What’s happening: Our new dashboard that tracks the U.S. economy shows that the return has slowed as Covid-19 infections in the U.S. exceed 4.2 million. Restaurant reservations have stagnated and hotel occupancy is declining again, while initial claims for unemployment benefits are increasing. Anxiety about the deterioration of the situation …
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