As the risk of an economic slowdown lingers, exchange-traded fund investors are seeking shelter in bond funds. They’ve poured about $72 billion into fixed-income ETFs this year through June 24, with the funds on track for their biggest first-half inflows ever, …
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(Reuters) – Micron Technology Inc beat analysts’ estimates for quarterly revenue and profit on Tuesday, and the chipmaker said it is seeing early signs of demand improvement, sending shares up as much as 7% in extended trading. Stocks in chipmakers …
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Craving a Slurpee but lacking the motivation to get off a park bench? No worries. 7-Eleven launched a delivery service Monday that will send a Slurpee or almost anything else carried by the chain to public places ranging from parks to beaches. The company …
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Pricing pressures and patent expirations for top-selling drugs are opening up opportunities for pharmaceutical companies to make major deals at relatively bargain prices. But questions remain about whether the transactions will lead to long-term growth.
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The U.S. Justice Department has opened a criminal investigation into allegations that chicken processors, including Tyson Foods Inc., Pilgrim’s Pride Corp. and Sanderson Farms Inc., conspired to fix prices. Prosecutors disclosed the grand jury probe in a …
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