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China to Sanction U.S. Defense Contractors Over Taiwan Sales

6 years ago
China intends to hit Lockheed Martin (NYSE: LMT), Raytheon Technologies (NYSE: RTX), and the defense arm of Boeing (NYSE: BA) with sanctions following a move by the U.S. State Department to approve $1.8 billion in arms sales to Taiwan, Bloomberg reported today.The U.S. government

Peloton Earnings: Will They Sprint By Expectations Again?

6 years ago
Peloton Interactive (NASDAQ: PTON) is slated to report its results for the first quarter of fiscal 2021 (covering July through September 2020) after the market close on Thursday, Nov. 5. The maker of connected home-exercise equipment is heading into its report on a strong note. L

Ignore Intel: Here Are 3 Better Stocks

6 years ago
Value investors may hold chip giant Intel (NASDAQ: INTC) for their tech sector exposure. At first glance, that would seem to be smart move. After all, Intel has a dominant market share in PC and data center processors, and these end markets should benefit from work-from-home tren

Troubling Start to an Important Week

6 years ago
The surging virus ravaging large parts of Europe and the United States is fanning concerns over the economic implications as new social restrictions and curfews are announced in several countries.

Samsung Group Chairman Lee Kun-hee Dies At 78

6 years ago
(RTTNews) - Lee Kun-hee, the Chairman of South Korean conglomerate Samsung Group, has died on October 25, at the age of 78. It was he who transformed Samsung into a South Korean behemoth, and the world's largest manufacturer of smartphones, televisions, and semiconductors.As per

Wall Street Aims To Open Lower

6 years ago
(RTTNews) - Monday's major highlights will be economic announcements such as New Home Sales, Durable Goods Orders, Consumer Confidence, Pending Home Sales, and Personal Income and Spending. Caterpillar (CAT), Merck (MRK), Pfizer (PFE), Microsoft (MSFT), Boeing (BA), General Elect
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