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Andreessen Horowitz partner says Google is an ‘amazing example’ of employing people in ‘BS jobs’: ‘Half the white-collar staff probably does no real work’
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FortuneWhy Coca-Cola Consolidated Stock Skyrocketed Over $1,000 Per Share Today
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After a rocky month of April, investor sentiment has improved somewhat. At least in part, this can be attributed to a better-than-expected earnings season. So far, about 80% of the S&P 500-listed companies have reported their Q1 results, and 77% of those have shown a quarterly EPS above the forecasts. Overall, the earnings reported are 7.5% better than the estimates, a beat that’s well above the 6.7% decadal average. Scott Chronert, a U.S. equity strategist at Citigroup, comments on the broader
TipRanksThe Results of this $550 Million Foreclosure Case Could Reshape the Commercial Real Estate Industry
Fortress Investment Group provides high-dollar financing for real estate developers. This group is planning to initiate one of the largest foreclosures in American history. The foreclosure targets the Cohen Brothers, who owe Fortress nearly $550 million in loans. Their asset portfolio spans from New York to Florida. For such a significant foreclosure, the method being employed is unique too. The typical foreclosure process is a lengthy one, involving court hearings, and resulting in the foreclos
Benzinga3M Cut Its Dividend: It's Time to Buy the Stock
The industrial giant has taken the right actions in cutting its dividend and clarifying its legal issues, and it is now fully in restructuring mode.
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