China’s economic growth slowed more than expected to the weakest pace since the first quarter of 2009 as the country’s trade war with the U.S. puts pressure on growth, according to official data released on Friday. The world’s second-largest economy said its economy grew 6.5 percent year-over-year in the third quarter of 2018. That missed
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Investors finally got what they were waiting for in PayPal‘s quarterly earnings: Good news about Venmo. The peer-to-peer payments app, which PayPal acquired along with Braintree in 2012, has struggled to make money for its parent company. Wall Street analysts highlighted the app’s performance as a key metric to watch in Thursday’s earnings report. Venmo
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Amarin Corp.: “We’re going to take out our cost basis tomorrow, even though that heart drug is pretty good. Tomorrow, you take out the cost basis and you can’t lose. As a matter of fact, I would take out double my cost basis because that stock’s in the $20s now. So that’s how we’re going
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Check out the companies making headlines after the bell: PayPal stock jumped more than 7% percent after the market-close on Thursday following the release of its third-quarter earnings report. The payment company beat on both its top and bottom lines, reporting earnings of 58 cents per share on revenue of $3.68 billion, vs. analyst estimates
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American Express is scheduled to report third quarter earnings after the market close on Thursday. Here’s what Wall Street expects: Earnings: $1.77 cents per share, forecast by Refinitiv Revenue: $10.05 billion, forecast by Refinitiv Net income: $1.53 billion, forecast by StreetAccount American Express reports the day after notes from the recent Federal Open Market Committee
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Jonathan Alcorn | Bloomberg | Getty Images David Solomon, Goldman Sachs Goldman Sachs CEO David Solomon said Thursday that he believes part of October’s steep stock sell-off was the result of programmatic trading. “There’s no question when you look at last week, some of the selling is the result of programmatic selling because as volatility
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During the interview process, you definitely walk a line between showing your best self and not sounding overly boastful. Instead of one-word descriptions or adjectives, give full descriptions of your strengths, says Heather Barker, director of human resources at TGS, a Houston data company. “The answer can’t just be, ‘I’m really good at communication,’ or
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Income and savings from parents and students combined covered nearly half, or 47 percent of that amount in 2017-2018, up from 44 percent the year earlier, the education lender found. “There are some families that do pay 100 percent out of pocket and some families do get a full ride,” said Marie O’Malley, the senior
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Cessna business jet maker Textron reported a lower-than-expected quarterly profit on Thursday, hit by a slump in sales of its turboprop aircraft, sending its shares down 6.3 percent. The company’s business jet deliveries were flat in the third quarter despite a recovery in the sector driven by U.S. President Donald Trump’s tax cuts. Textron, which
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London’s market continued to boom amid political tension, with financial services exports totalling £68 billion in 2017 — more than New York and Singapore combined. Catherine McGuinness, policy chairman of the City of London Corporation, said the U.K.’s financial services district was a “magnet” for foreign investors, helping to generate major capital projects — long-term
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