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Dean Foods files for Chapter 11 bankruptcy

America’s biggest milk producer Dean Foods filed for Chapter 11 bankruptcy protection. The nearly 95-year old company is behind brands like Land-O-Lakes, Tuscan Dairy Farms and Trumoo. The On the Move panel breaks down who they think could potentially buy the company. …read more […]

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US STOCKS-S&P 500, Nasdaq at record highs ahead of Trump speech

The S&P 500 and Nasdaq indexes rose to record highs on Tuesday as trade-sensitive technology stocks gained ahead of a much-awaited speech by President Donald Trump, which was likely to provide some clarity on the U.S.-China tariff talks. Hopes of a resolution to the 16-month long tariff dispute and a strong corporate earnings season have powered Wall Street’s gains so far this month. …read more […]

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3 “Strong Buy” Biotech Stocks That Recently Went Public

This year has seen more than its share of successful IPOs – and some giant flops. The extremes should have been expected, in a year with a record number of new public offerings. The second quarter was the best quarter for IPO activity in the last four years, with 62 companies raising $25 billion – and bringing in an average return of 30%. The tech and biotech sectors led the way.IPO activity has continued in the second half, but with lesser returns. Tech startups have been underperforming the general market, returning about 5% against the S&P year-to-date average of 22%. …read more […]

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UPDATE 1-Boeing orders sink as customers opt to swap MAX

Boeing Co took 10 new plane orders last month, but saw some customers swapping the U.S. planemaker’s grounded 737 MAX planes in favor of more expensive wide-body planes as doubts lingered about the MAX’s return to service. The numbers included what Boeing called a “conversion” by Air Lease Corp of 15 MAX orders into five 787 Dreamliners. Air Lease, which had 135 outstanding orders for the 737 MAX as of October, down from 150 orders in September, has said the conversion reflected greater demand from airline customers for the 787 in future years. …read more […]

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Boeing orders sink as customers opt to swap MAX

The numbers included what Boeing called a “conversion” by Air Lease Corp of 15 MAX orders into five 787 Dreamliners. Air Lease, which had 135 outstanding orders for the 737 MAX as of October, down from 150 orders in September, has said the conversion reflected greater demand from airline customers for the 787 in future years. Boeing’s orders and deliveries have lagged Airbus this year due to the prolonged grounding of its best-selling MAX jets following two fatal crashes that have killed hundreds of people. …read more […]