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Michigan Testing Lab Sues State's Regulators Over $229M Cannabis Recall, Affecting Over Half The State
Wednesday, November 24, 2021 - 1:32pm | 443Just days after Michigan regulators issued a recall of marijuana products, impacting nearly 70% of the state's on-shelf cannabis products sold at more than 400 stores, the marijuana testing facility at the center of the debacle filed a lawsuit against the Marijuana...
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What To Expect From Q2 Earnings Season
Monday, July 15, 2019 - 4:10pm | 792Second-quarter earnings season is just around the corner, and experienced traders know the next few weeks will likely be extremely volatile. Despite concerns over slowing economic growth and an ongoing trade war between the U.S. and China, the S&P 500 is entering earnings season at all-time...
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Odds Of 2019 Fed Rate Cut Are Increasing
Friday, May 31, 2019 - 3:21pm | 553Interest rates are once again a hot topic on Wall Street after President Donald Trump’s latest threats to implement up to 25 percent tariffs on all imports from Mexico have raised concerns the ongoing trade wars will slow U.S. economic growth and require interest rate cuts from the Federal...
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Experts Weigh In On Cuts To Federal Reserve Growth Projections
Tuesday, March 26, 2019 - 10:31am | 713The U.S. Federal Reserve joined the central banks of Europe, China and elsewhere last week in cutting 2019 economic growth projections. The Fed is now calling for 2.1-percent growth this year, down from its previous projection of 2.3 percent. Trump’s Targets In 2018, the U.S. registered 2.9-...
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The Early Reaction To Nvidia's Acquisition Of Mellanox
Monday, March 11, 2019 - 2:46pm | 672Nvidia Corporation (NASDAQ: NVDA)'s $6.9-billion acquisition of Mellanox Technologies, Ltd. (NASDAQ: MLNX) is a bit of a "head scratcher" move, according to Bloomberg Intelligence's Anand Srinivasan. Srinivasan: Long-Term Play Nvidia is known for "making one thing really well...
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'Busiest Trading Day Ever': Brokerages, Retail Clients React To Volatility
Tuesday, February 6, 2018 - 4:54pm | 790It’s been a busy few days for brokerages and robo advisors, and the early indications are in: retail investors were not only unfazed by the recent sell-off, but they were eager to buy the dip. "We saw a large spike in transaction volume and trading activity on the platform [Monday] as...