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The Top 5 Longreads of the Week — Longreads Blog

September 8, 2016October 21, 2016 Greg Blotnick

Our top stories of the week, as chosen by the editors at Longreads.

via The Top 5 Longreads of the Week — Longreads Blog

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Uber IPO proposals value company at $120 billion: WSJ October 16, 2018
Ride-hailing giant Uber Technologies Inc [UBER.UL] could be valued at $120 billion, when it finally goes public next year according to proposals made by U.S. banks bidding to run the offering, the Wall Street Journal reported on Tuesday.
Strong blue-chip results power Wall St rally October 16, 2018
The three main Wall Street indexes rose more than 1 percent on Tuesday as upbeat earnings from blue-chips such as Johnson & Johnson and Goldman Sachs eased jitters over the impact of rising interest rates and tariffs on corporate profits.
U.S. judge approves SEC settlement with Tesla, shares jump October 16, 2018
A U.S. judge on Tuesday approved a settlement between a federal regulator, Tesla Inc and its chief executive officer, Elon Musk, over his tweets promising to take the company private, signaling an end to a tumultuous period for investors.
Huawei launches new flagship phones in bid to keep No. 2 spot October 16, 2018
Huawei [HWT.UL] unveiled new flagship smartphones with novel smart camera and video features on Tuesday, as it seeks to sustain momentum among price-conscious consumers.
U.S. Fed says terminates 2013 enforcement action against RBS group for sanctions lapses October 16, 2018
The U.S. Federal Reserve said on Tuesday that it terminated a 2013 enforcement action against Royal Bank of Scotland Group for sanctions lapses in its foreign operations.
Walmart warns investors it will 'test a lot and fail a lot;' cuts profit forecast October 16, 2018
Walmart Inc's chief executive officer on Tuesday urged investors to rethink the company's business, touting its various tech investments to grow online sales at a time it is battling Amazon.com for market share.
German prosecutors fine Audi 800 million euros for diesel violations October 16, 2018
German premium car brand Audi, a division of Volkswagen , said it was fined 800 million euros ($927 million) on Tuesday for violations tied to heavily polluting six- and eight-cylinder diesel engines.
Equity trading strength boosts profits at Morgan Stanley, Goldman October 16, 2018
Wall Street's top investment banks reported better-than-expected quarterly profits on Tuesday, helped by strength in stock trading and equity underwriting, wrapping up what has been a strong quarter for the big U.S. banks.
Tough markets hit BlackRock results; shares slump 4 percent October 16, 2018
BlackRock Inc's quarterly revenue fell short of Wall Street's expectations on Tuesday as the world's biggest asset manager reported its lowest sales of equity, bond and other long-term investments since the second quarter of 2016.
Wells Fargo to shift European investment banking business to Paris as Brexit looms October 16, 2018
Wells Fargo & Co said on Tuesday it had applied for an investment firm license in France as part of a Brexit strategy to shift some of its servicing of European mainland customers out of London.

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Greg Blotnick, CFA – New York Society of Security Analysts (NYSSA)

Greg Blotnick – CFA/NYSSA Membership, LinkedIn and Facebook

The Top 5 Longreads of the Week — Longreads Blog

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