AutoZone Posts Upbeat Earnings. The Stock Is Sliding.

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AutoZone Posts Upbeat Earnings. The Stock Is Sliding.

AutoZone shares lost early gains Tuesday, despite the auto parts retailer’s upbeat fiscal fourth-quarter earnings report. The quarter showed do-it-yourself demand continued into the summer, although a lack of government aid weighed on sales at the end of …
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Blueprint's bet on itself pays off with rare disease drug data

A cancer drug developed by Blueprint Medicines could help treat a rare and debilitating disease called systemic mastocytosis, results from two trials announced by the Cambridge, Massachusetts-based biotech on Tuesday show. Treatment with Ayvakit, which …
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Ousted Tata chairman Mistry offers to sell shares in group

Cyrus Mistry, the ousted Tata Sons chairman, said he was willing to sell his family’s shares in the conglomerate, a move that may end one of the most acrimonious disputes in India’s recent corporate history. The Mistry family’s Shapoorji …
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Echelon Launches $499 Prime Bike With Amazon

(RTTNews) – Echelon has partnered e-commerce giant Amazon.com Inc. to launch a new exercise bike at a significantly lower price compared to those of rival exercise bike maker Peloton. The new EX-Prime Smart Connect Bike, also known as the Prime Bike …
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Report: Layoffs Coming To Mall Owner Brookfield Properties

Brookfield Properties Retail Group CEO Jared Chupaila delivered bad news to his employees this week. The Chicago-based real estate company with among the nation’s largest portfolios of retail is laying off 20 percent of its workforce. “While many …
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