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| Initial jobless claims totaled 853,000 last week, rising from the upwardly revised 716,000 total from the week prior and far higher than the 730,000 expected by economists. Continuing claims rose by 230,000 to 5.76 million, marking the first time the figure has gone up since late August. “Given the recent behavior of initial claims, we will likely see further increases in continuing claims going forward,” wrote Thomas Simons, money market economist at Jefferies. “Eviden... |
| Conversion Labs Inc (NASDAQ: CVLB): Conversion Labs shares gained as much as 13% yesterday following its announcement that it had received approval to uplift to the Nasdaq Capital Market beginning today, December 10, under the symbol CVLB. “As the leading securities exchange for emerging growth stocks, we anticipate a Nasdaq listing will elevate our corporate profile and increase... |
Leaner GE is up nearly 27% this month – but it might still be an interesting valuePrior to 2019, most of the pressure on GE’s stock price came from the perception that the company had become old and stale, with its fingers in too many pies to be productive. The CEO at that time, Jeffrey Immelt made a number of acquisitions that proved unwise, leading to major drawdowns of the company’s cash from large increases of debt to fund those acquisitions; the result was the CEO brought in to replace him, John Flannery was forced to implement drastic measures to make the company... |
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| Lumber Liquidators Holdings, Inc., together with its subsidiaries, operates as a multi-channel specialty retailer of hard-surface flooring, and hard-surface flooring enhancements and accessories. The company offers hardwood species; engineered hardwood, laminate, resilient vinyl flooring, waterproof vinyl plank, and porcelain tile flooring products; renewable flooring, and bamboo and cork products; and a selection of flooring enhancements and accessories, including moldings, noise-reducing un... |
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