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Calpine Corp to be Acquired by Energy Capital Partners

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Energy Capital Partners has announced that they will acquire Calpine Corp. (NYSE: CPN) for $5.6 billion. Following this announcement, shares of Calpine increased 10.5% at $14.93 in premarket trading on Friday. The $15.25 cash per share offer represents a 13% premium to Calpine's closing price on....

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NetApp Reported Better-than-Expected Q1 Earnings

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This week, NetApp, Inc. (NASDAQ: NTAP), the storage-appliance maker, announced its financial results for the first quarter ended July 28, 2017, with both earnings and revenues beating estimates.For the first quarter of fiscal 2018, net revenues incr....

Wal-Mart beats Q2 estimates

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Wal-Mart Stores, Inc. (NYSE: WMT) reported its second quarter earnings for the 2018 fiscal year and beat estimates. Shares were down almost 3 percent during pre-market.Wal-Mart posted adjusted earnings of $1.08 compared to an estimate of $1.07 per s....

Maersk Line Seeks Interest in Trade Finance

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The world’s biggest container shipper, Maersk Line, is looking into trade finance to fill a lending gap left by indebted banks who are moving away from the this shipping industry. The company is offering to finance shipments and remove past pa....

Reckitt Benckiser Bets on New Products

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Reckitt Benckiser is striving to show investors its new innovative approach by betting on connected consumer products. The company isn’t doing well ever since last year’s poor market response to a 60 pound ($77) version of their Scholl e....

Gold expected to Increase to $1400

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According to the Economic Times, the price of gold is expected to increase to $1,400 an ounce by the end of the year due to the tensions between the United States and North Korea as well as rising demand in the world’s biggest consumers. Bulli....

UnitedHealth Group Appoints New CEO

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Dave Wichmann is to take over UnitedHealth Group Inc. (NYSE: UNH) after CEO Stephen Hemsley is stepping down from running the company for more than a decade. UnitedHealth Group is the nation’s largest health insurer and Minnesota’s large....

Urban Outfitters Reported Q2 Results, Topping Expectations

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Urban Outfitters, Inc. (NASDAQ: URBN), a leading lifestyle products and services company, announced its financial results for the second quarter ended July 31, 2017, with earnings and revenue topping estimates.For the second quarter of fiscal 2018, ....

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