Why Goldman Sachs Downgraded Ross Stores Stock

Why Goldman Sachs Downgraded Ross Stores Stock

Ross Stores (ROST) stock fell 2.1% as of 3:41 PM ET today as Goldman Sachs downgraded the off-price retailer to “sell” from “neutral.” Goldman assigned a price target of $91 to Ross Stores stock, which reflects a possible downside of about 11% over the …
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Pelosi Yields to Pressure, Lets House Pass Senate Border Bill

House Speaker Nancy Pelosi blinked in her standoff with Senate Majority Leader Mitch McConnell, allowing the House to vote on the Senate version
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80% of small business owners feel prepared for recession: survey

A new survey says 80% of small business owners feel they are well prepared in the event the U.S. economy falls into a recession. The data, collected by online small business lender, Kabbage, shows a vast majority of entrepreneurs are actively taking steps …
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Apple's longtime design chief Jony Ive is leaving the company

Apple’s longtime design chief Jony Ive is leaving the company, the firm announced on Thursday. Ive will launch an independent design company, which will count Apple among its primary clients. Ive has overseen the design of everything from Apple’s …
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Banks announce billions in share buybacks after Fed approval

NEW YORK (AP) — The nation’s largest banks are rewarding shareholders by spending tens of billions raising their dividends and buying back stock after getting the green light from the Federal Reserve. The Fed on Thursday said it had approved the capital …
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