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If You Own Hanesbrands (HBI) Stock, Should You Sell It Now?

Steel City Capital recently released its Q3 2020 Investor Letter, a copy of which you can download here. During the third quarter of 2020, the fund returned 1.6% net of fees, while the S&P 500 Index was up 8.5%. You should check out Steel City Capital’s top 5 stock picks for investors to buy right […] …read more […]

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Toyota recalling 5.84 million vehicles for fuel pump issue

The largest Japanese automaker said Wednesday it was adding another 1.52 million U.S. vehicles to the recall that was first announced in January and covers numerous models built between July 2017 through September. Toyota said the vehicles that have a fuel pump that may stop operating and could result in a vehicle stall, and the vehicle may be unable to be restarted. Dealers will replace the fuel pump with an improved version. …read more […]

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Facebook's Zuckerberg struggles to connect, forcing U.S. Senate hearing to pause

A U.S. Senate Commerce Committee hearing on a key social media legal protection was briefly delayed when Facebook Inc Chief Executive Mark Zuckerberg struggled to appear remotely. “We are unable to make contact with Mr. Mark Zuckerberg,” Senator Roger Wicker, who chairs the committee, said agreeing to a five-minute delay after the chief executives of Twitter Inc and Alphabet Inc’s Google had spoken. Facebook told the committee that Zuckerberg was alone. …read more […]

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Mastercard shares fall as profit drops on virus-led travel slowdown

The pandemic has forced companies to lay off workers by the millions, hurting their spending power, and the hit to air travel has also taken a toll on cross-border card transaction volumes. Mastercard reported a 36% drop in cross-border volume on a local currency basis in the reported quarter. Cross-border volumes have continued to fall since the quarter ended, with all first three weeks of October clocking declines of more than 30%, according to an investor presentation. …read more […]