Category: random
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Weight Watchers is changing its name to WW
CEO: Weight Watchers name now a misnomer Weight Watchers really wants to let you know that it’s not just a diet company — so much so that it’s changing its name to WW. The company announced Monday that the new WW (WTW) name reflects its focus on overall health and wellness, and not just shedding…
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Outside the Box: Trump’s immigration policies threaten your Social Security
President Donald Trump came to power trumpeting his “America First” agenda. Yet his immigration policies are anything but. Indeed, the U.S. is composed of immigrants, natives, and their descendants. Stoking fear and anxiety about foreigners belies the inscription on the Statute of Liberty, “Give me…your huddled masses yearning to breathe free.” Not only are Trump’s immigration…
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Market Extra: A new S&P 500 sector is set to debut: Here’s what investors need to know
U.S. stock-market investors are about to witness something that’s hasn’t been seen in decades: the creation of a new market sector. Friday will see the launch of the S&P Communications Services sector, a reshuffling of major industry groups that will impact some of the most widely followed and traded names on Wall Street. The new…
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SiriusXM is buying Pandora in $3.5 billion deal
NEW YORK, NY – JUNE 12: General view of SiriusXM Studios on June 12, 2015 in New York City. (Photo by Robin Marchant/Getty Images for SiriusXM) SiriusXM is buying Pandora in a $3.5 billion all-stock deal. The deal will create the world’s largest audio entertainment company, the companies said early Monday. SiriusXM (SIRI) has 36…
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FICO credit scores are now at their highest levels ever … here’s why
Americans’ credit scores are higher than ever. The average FICO score, a widely used credit rating named for the Fair Isaac Corporation, is now 704. It hit that number in April 2018, according to a report from FICO released Monday, an increase of four points since the average score hit 700 for the first time…
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Sky shareholders cheer; Trade war escalates; Huge gold deal
Click chart for more premarket data. 1. Sky shareholders cheer: A great day for Comcast is turning into an even better one for Sky shareholders. The American cable giant outbid 21st Century Fox (FOX) and its powerful backer, Disney (DIS), on Saturday in an auction for control of the European pay-TV broadcaster. Comcast’s (CMCSA) final…
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Need to Know: Time to load up on gold? ‘Do the math’
One look at the headline and Josh Brown of the Reformed Broker blog tweeted his plans over the weekend to “hate read” this Barron’s story: “Gold Is Cheap. Inflation Is Coming. You Do the Math.” Yes, gold seems to be about as divisive as politics these days. The point of the Barron’s piece is that,…
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Sky shareholders cheer Comcast's $40 billion knockout bid
Comcast outbids 21st Century Fox for Sky A great day for Comcast is turning into an even better one for Sky shareholders. The American cable giant outbid 21st Century Fox (FOX) and its powerful backer, Disney (DIS), on Saturday in an auction for control of the European pay-TV broadcaster. Comcast’s (CMCSA) final bid was £17.28…
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Barrick is buying Randgold to create the world's top gold miner
The gold industry has a new king. Canada’s Barrick Gold (ABX) is buying rival Randgold (GOLD) to create the world’s biggest gold miner, the two companies announced Monday. The combined entity will have a market value of more than $18 billion. Barrick shareholders will end up owning about 67% of the new company. John Thornton,…
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NerdWallet: What’s your net worth, and how do you compare to others?
This article is reprinted by permission from NerdWallet. Home value, job title, car model, savings account balance. These things merely hint at how wealthy you or your neighbors are. The naked financial truth comes down to just one number: net worth. Net worth is the total of what you own minus what you owe. It’s a mathematical reckoning…