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SMIC has had 'preliminary exchanges' with U.S. over export restrictions

Chinese chipmaker Semiconductor Manufacturing International Corporation has undertaken “preliminary exchanges” with the U.S. Bureau of Industry and Security regarding export restrictions, the company said on Sunday in a filing. “The Company is conducting assessments on the relevant impact of such export restrictions on the company’s production and operation activities,” the filing to the Hong Kong Stock Exchange said. SMIC also said it has been operating in compliance with the relevant laws and regulations of all jurisdictions where it performs its businesses. …read more […]

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3 Monster Growth Stocks That Are Still Undervalued

What’s always in fashion on Wall Street? Growth. Given the current macro environment, however, compelling growth stocks have become even harder to spot. That said, despite the wild ride that has been 2020, a select few names could still shine bright and reward investors handsomely, so says the pros from the Street.

These tickers don’t have just any old growth prospects, they are some serious overachievers. Along with a track record of upward movements since 2020 kicked off, their solid businesses could drive share prices higher through 2020 and beyond.

Bearing this in mind, we set out to find …read more […]

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President to Get More Remdesivir Doses on Sunday: Trump Update

(Bloomberg) — President Donald Trump will receive more doses of Remdesivir on Sunday as he enters a third day in hospital, with his physician saying he has made “substantial progress” but still isn’t “out of the woods.”Trump completed a second dose of Remdesivir on Saturday and remained fever free, his doctor Sean Conley said in a Saturday evening update. He’s expected to conduct his presidential duties while being monitored by Conley.“While not yet out of the woods, the team remains cautiously optimistic,” Conley said in a statement.White House Chief of Staff Mark Meadows said in an interview on Fox News …read more […]