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Wynn Resorts’ profit soars thanks to higher revenue across all segments
Wynn Resorts posted a higher profit in the first quarter as all four of the company’s segments logged higher operating revenues.
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Match Group’s Tinder posts further decline in payers, but Q1 results still top estimates
Match Group posted further declines in the number of paying users at dating app Tinder, an issue that is likely to exacerbate concerns about saturation in the online dating space despite otherwise solid first-quarter results.
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U.S. consumers pull back sharply on credit-card use in March
Total consumer credit rose at a slower pace in March, the Federal Reserve reported Tuesday.
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Bonds are getting a boost from oil’s dip below $80 a barrel
U.S. bonds have been getting a boost from oil prices that have dipped below $80 a barrel.
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Nikola’s stock drops as revenue fell to less than half what was expected
Nikola’s stock dropped premarket Tuesday, reversing a brief gain, after the electric-truck maker reported first-quarter revenue that fell to less than half what was expected, offsetting a narrower-than-expected loss.
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International Paper stock rises on report of $15 billion buyout offer by Brazil’s Suzano
IP shares rise by nearly 6% on potential deal that would value the company at a premium
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AMC and Cinemark yet to reclaim ‘pre-COVID glory’ as foot traffic still well below pre-pandemic levels, research says
Movie theater chain and original meme stock AMC reports first-quarter results after market close Wednesday.
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A reliable labor-market recession indicator has triggered — but this time it could be bullish for stocks
A reliable recession indicator maintained by market strategists at Piper Sandler triggered last week — but the same strategists who developed the indicator believe that, in all likelihood, its triggering is bullish for stocks.
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CVS to tap high-grade bond market with five-part deal in busy day for issuance
CVS Health Corp. is tapping the investment-grade corporate bond market on Tuesday, with a five-part deal that’s expected to price later in the day.
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TikTok sues to stop potential U.S. ban, following through on its promise of a court fight
TikTok and parent company ByteDance have filed a lawsuit that challenges a new U.S. law that could lead to a nationwide ban for the app.