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3 Monster Growth Stocks Gearing up for Gains

‘Twas the night before Christmas, and all through the house, the investor was stirring, seeking the elusive perfect stocks to bring good cheer for holiday investing. TipRanks, a company that tracks and measures the performance of Wall Street’s market analysts, offers investors an array of tools to make that market search easy.Start with the Stock Screener to find just the right stocking stuffer to bring you the returns you’re looking for. The screener’s filters narrow any search of the markets, taking the unwieldy mass of data from over 6,400 publicly traded companies and distilling it down to the few that …read more […]

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Uber founder Kalanick leaves board of directors

Kalanick, who helped found Uber in 2009, stepped down from the company’s helm in June 2017 under pressure from investors after a string of setbacks. Kalanick said in a statement that now Uber was a public company, he wanted to focus on his current business and philanthropic pursuits. Kalanick has sold of more than $2.5 billion worth of shares since Uber went public in May, according to regulatory filings. …read more […]

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Saudis, Kuwait Agree to Resume Oil Output at Shared Fields

(Bloomberg) — Saudi Arabia and Kuwait agreed to resume oil production in a shared border region more than four years after halting output.Their agreement allows for “the resumption of oil production from the joint fields,” the Saudi energy ministry said on Twitter. The oil fields in the so-called neutral zone can produce as much as 500,000 barrels a day — more than each of OPEC’s three smallest members pumped last month.Chevron Corp., which operates the area’s Wafra field together with Kuwait Gulf Oil Co., expects full production there to be restored within 12 months, it said Tuesday in a statement. …read more […]

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Wesco offers to buy Anixter for $3 billion

This comes a day after Anixter, which supplies communications and security products, said it had agreed to a bid worth $86 per share and $2.50 per share contingent value rights from private equity firm Clayton, Dubilier & Rice. The equity value of Wesco’s bid for Anixter would be about $3 billion, according to Reuters calculations. Wesco’s per share offer is at a premium of 2.8% to the Anixter stock’s Monday close. …read more […]