This is a comparison of Wednesday’s FOMC statement with the one issued on June 19 after the Fed’s previous policy-making meeting. Text removed from the June statement is in red with a horizontal line through the middle. Text appearing for the first time in the new statement is in red and underlined. Black text appears
Month: July 2019
The Humana headquarters office stands in Louisville, Kentucky. Ty Wright | Bloomberg | Getty Images Health insurer Humana raised its 2019 profit forecast on Wednesday and posted second-quarter earnings ahead of Street estimates, as it reined in costs and recorded higher revenue from its unit that sells Medicare Advantage health plans. Shares rose 3.7% to
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, Aug. 21, 2017. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines midday Wednesday: Apple — Apple rose 4.3% after announcing better earnings, sales and guidance than analysts expected. The tech giant reported
Leon Cooperman Scott Mlyn | CNBC During Tuesday night’s Democratic presidential debate, many of the Democratic candidates called for ending a favorite tax break of the rich. And now they have some unlikely allies: billionaire, conservative hedge-fund managers. In Wednesday’s Financial Times, hedge-fund manager and longtime Republican supporter Leon Cooperman said that while he opposed
Leon Cooperman Scott Mlyn | CNBC President Donald Trump is trying to boost stock market gains as he seeks reelection in 2020, billionaire investor Leon Cooperman told CNBC on Wednesday. “The president is very intent on getting the stock market up,” said Cooperman, who runs Omega Advisors. “My guess is we’re doing a lot of
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