New York (CNN Business) Uber and Lyft disappointed investors since they went public. But make no mistake: The market for initial public offerings is still red hot. Some think it might be too hot. Cybersecurity company CrowdStrike (CRWD) soared more than …
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Oil prices have been slammed by worries about the slowing global economy and trade conflicts, but a tanker attack in the Middle East revives geopolitical fears and put a premium back in oil prices. Analysts said Brent oil could trade in a range of as low as $50 …
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Shares in Majestic Wine have fallen sharply after the company suspended its dividend and warned that the sale of its retail chain could slip into 2020. The chief executive, Rowan Gormley, said sale talks were at an “advanced stage”, with “multiple bidders” …
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Embattled stock-picker Neil Woodford is struggling to stem outflows from his remaining open fund, with Hargreaves Lansdown dealing a major blow by pulling £45m this week. Woodford’s Income Focus Fund has shrunk by 25% since June 3, when the fund …
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Many Americans haven’t saved as much money as they need for retirement — and the gap is expected to widen dramatically in the next 30 years. The retirement savings gap — between what people have and should have — was $28 trillion in the U.S. in …
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