Todd Bunton, CFA, Growth & Income Stock Strategist at Zacks Investment Research, discusses in this article, http://www.zacks.com/stock/news/180276/this-weeks-growth-amp-income-stock-lyondellbasell-lyb, a stock that might be worth a closer look by investors: LyondellBasell (LYB). This plastics, chemicals and refining company recently delivered a big positive earnings surprise as profit margins expanded rapidly for its products. This prompted analysts to
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The China-based bitcoin ASIC mining machine manufacturer Canaan has announced the company has forged a partnership with Genesis Digital Assets, and the two firms have now signed a deal for a large purchase order. Genesis will buy 20,000 bitcoin miners from Canaan and the mining operation also has the option to purchase an additional 180,000
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Municipals were little changed to a touch weaker on Monday, underperforming a slightly better U.S. Treasury market while the S&P 500 and Nasdaq rallied. The New York City Transitional Finance Authority priced $950 million of future tax-secured bonds for day one of a two-day retail order period. Nearly all categories of municipals appear poised to
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The US dramatically scaled back its evacuation mission in Afghanistan on Monday with the number of civilians being airlifted out of Kabul falling sharply as its forces scramble to withdraw ahead of Tuesday’s deadline to end the 20-year war. Pentagon spokesperson John Kirby said military commanders were sharing some drawdown logistics with Taliban commanders to
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Mike McMullen is the CEO of Prominence Homes and the author of Build. Rent. Sell. Repeat!  Every athlete knows the importance of the fundamentals. From how runners hold their arms to where quarterbacks grip the football, professionals are often the first to tout the importance of mastering fundamental skills. A focus on the fundamentals is important in
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Puerto Rico Gov. Pedro Pierluisi is expanding the Earned Income Tax Credit program for the island, which along with another expansion of a federal program, will likely aid the island’s economy, experts said. The federal government will provide $612 million a year for 10 years for the expanded credit, if the local government continues to
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Speaking in a recent interview, subprime short investor and billionaire portfolio manager John Paulson criticized the volatile nature of digital assets, while advocating for investments in traditional safe-havens such as gold. The co-founder of Paulson & Co, a New York-based firm launched in 1994, Paulson was a historic beneficiary from the U.S. housing financial market collapse
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Rockets were fired at Kabul’s international airport on Monday as US troops rushed to complete evacuations a day ahead of the deadline for the withdrawal of its troops from Afghanistan. Jen Psaki, White House spokesperson, confirmed that the airport had come under rocket attack but said that “operations continue uninterrupted”. There was no report of
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Atticus is the CEO of PadSplit, an affordable, shared housing model that creates financial independence for workers. The term “proptech” (property technology) was coined only a few years ago as a way to describe the bevy of innovation that has hit residential and commercial real estate. But the reality is that innovation has been a core
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Unfunded retiree health-care benefits are the most material long-term liability for about one in 10 states and local governments, Moody’s Investors Service says. Retirement liabilities other than pensions — other-post employment liabilities, or OPEB — were roughly $1.1 trillion for the 50 states and more than 7,000 cities, counties and K-12 school districts that Moody’s
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In this tutorial, we explain what we mean by divergence in the context of an oscillator and go on to give examples of how to read and use divergence with the Relative Strength Index (RSI), including examples with real-world charts. We also talk about how to combine divergence, overbought/oversold signals and failure swings into one
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Following the bug and the split that occurred after a great number of Geth nodes did not upgrade, Ethereum fees have risen dramatically since August 21, jumping from $11 per transaction to today’s 0.0088 ether per transaction ($27.98). Ethereum Transaction Fees Skyrocket Ethereum is the second-largest crypto asset in terms of crypto market capitalization with
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Alternative trading system platforms provide the value of visible liquidity and price discovery in the marketplace, especially for municipal securities that are not widely known and transacted when directly compared to broker’s broker platforms, according to a new MSRB report. The Municipal Securities Rulemaking Board report compares trading activity on ATS platforms versus broker’s broker
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The US warned its citizens to leave the vicinity of Kabul airport immediately due to “a specific, credible threat” of an imminent attack, with the Taliban scaling up its armed presence around the site ahead of an August 31 deadline for the American withdrawal. The alert from the US embassy in Kabul came hours after
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In this article FISV Oscar Wong | Moment | Getty Images Company: Fiserv Inc. (FISV) Business: Fiserv provides payment and financial services technology worldwide. The company operates through Acceptance, Fintech, and Payments segments. The Acceptance segment provides point-of-sale merchant acquiring and digital commerce services; mobile payment services; security and fraud protection products; Carat, an omnichannel
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