BMO Capital Markets analyst Daniel Salmon initiated coverage Monday with a $65 target price and a market perform rating on shares. His team says there is a lot to like about Bumble’s business, including its rising profit margin, double-digit sales growth, and …
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Texas on Tuesday, March 2, 2021, became the biggest state to lift its mask rule, joining a growing movement by governors and other leaders across the U.S. to loosen COVID-19 restrictions despite pleas from health officials not to let down their guard yet. (AP …
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The complaint alleged Chesapeake engaged in unfair and deceptive business practices in securing natural gas leases and in its improper payment of royalties to Pennsylvania landowners. Under the settlement, Chesapeake Energy must:.
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American Airlines Group Inc. is kicking off a $7.5 billion sale of bonds and leveraged loans backstopped by its frequent-flyer program, capitalizing on low borrowing costs to repay U.S. government loans that have helped it navigate the pandemic. The carrier is …
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Italy’s billionaire Agnelli family has snapped up a stake in Christian Louboutin, valuing the French luxury shoe maker, which is known for its signature red soled women’s shoes, at €2.3 billion ($3.8 billion). Exor, the Agnelli’s European holding company, will …
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