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ASML Holding Earnings, Revenue beat in Q1 By Investing.com

ASML Holding (AS:ASML) reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations. ASML Holding announced earnings per share of €3.21 on revenue of €4.36B. Analysts polled by Investing.com anticipated EPS of €2.57 on revenue of €3.99B. ASML Holding shares are up 14% from the beginning of the year and are trading at €533.90 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 9.18% from the start of the year. ASML Holding shares gained 4.28% in intra-day trade the report. ASML Holding follows other major Technology sector earnings...

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Plus500 acquires Cunningham Commodities to gain U.S. foothold By Investing.com

By Samuel Indyk Investing.com – UK-listed trading platform Plus500 (LON:PLUSP) has announced plans to acquire Cunningham Commodities and Cunningham Trading Systems to enable access to the growing United States retail trading market. Cunningham Commodities is a regulated Futures Commission Merchant and Cunningham Trading Systems is a technology trading platform provider. The acquisition will cost Plus500 about $30mln and will be funded from Plus500’s existing cash balances and paid upon completion, subject to certain adjustments. Strategic rationale The acquisition will give Plus500 a stronger foothold in the US market and provide its product to the significantly growing...

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European countries to resume J&J COVID vaccine deliveries By Reuters

BERLIN (Reuters) - European countries prepared on Wednesday to resume deliveries of Johnson & Johnson (NYSE:JNJ)'s COVID-19 vaccine and speed up the rollout after Europe's drug regulator backed the shot. Germany's health ministry said it would start deliveries to federal states for use in vaccination centres shortly, and that family doctors should receive the vaccine from week after next. The European Medicines Agency (EMA) said on Tuesday that it had found a possible link between J&J's vaccine and rare blood clotting issues in adults who received doses in the United States, but it said that...

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U.S. Futures Largely Flat; Netflix’s Subscriber Growth Disappoints By Investing.com

By Peter Nurse    Investing.com - U.S. stocks are seen opening largely unchanged Wednesday, although Netflix (NASDAQ:NFLX) is likely to be a drag on the tech-heavy Nasdaq after reporting a dramatic slowdown in its subscriber growth.  At 7 AM ET (1200 GMT), the Dow Futures contract was up 40 points, or 0.1%, S&P 500 Futures traded 4 points, or 0.1%, higher, while Nasdaq 100 Futures dropped 11 points, or 0.1%. The earnings season is in full swing and companies have generally been handing in solid quarterly results, but the bar is high for earnings to lift the...

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UK downplays criticism of Australia minister ahead of trade talks By Reuters

LONDON (Reuters) - Trade minister Liz Truss has a good relationship with her Australian counterpart, Dan Tehan, a British official said on Wednesday, playing down a newspaper report in which unnamed government sources criticised him as inexperienced. Tehan is due in London later this week for talks on a trade deal Britain is pursuing as one of the pillars of its post-Brexit strategy to build stronger commercial and diplomatic links in the Indo-Pacific region. The Daily Telegraph newspaper cited a source complaining of slow progress in the talks, calling Tehan inexperienced compared with Truss and saying:...

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With enough supplies, Israel looks to re-route AstraZeneca vaccine delivery By Reuters

JERUSALEM (Reuters) - Israel no longer wants AstraZeneca (NASDAQ:AZN)'s COVID-19 vaccine and is exploring with the company whether a big shipment in the pipeline could be sent elsewhere, Israel's pandemic coordinator said on Wednesday. "We are trying to find the best solution. After all, we don't want (the vaccines) to get here and have to throw them into the trash," the official, Nachman Ash, told Army Radio, saying Israel's needs were being met by other suppliers. In his remarks, Ash made no reference to AstraZeneca’s vaccine having been associated with very rare blood clots in Europe....

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Anthem Earnings beat, Revenue misses In Q1 By Investing.com

Anthem (NYSE:ANTM) reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations. Anthem announced earnings per share of $7.01 on revenue of $32.10B. Analysts polled by Investing.com anticipated EPS of $6.38 on revenue of $32.97B. Anthem shares are up 18% from the beginning of the year and are trading at $381.88 , down-from-52-week-high.They are outperforming the S&P 500 which is up 10.09% from the start of the year. Anthem follows other major Financial sector earnings this month Anthem's report follows an earnings beat by JPMorgan...

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How a sweetheart deal gives GameStop CEO a $179 million goodbye gift By Reuters

By Jessica DiNapoli (Reuters) - Gamestop Corp chief executive George Sherman can step down this summer with a $179 million windfall that dwarfs CEO salaries at many larger corporations thanks to a sweetheart deal that was turbocharged by this year's furious meme stock rally, compensation experts said. GameStop (NYSE:GME) said on Monday that Sherman would step down by July 31. The struggling U.S. videogame retailer has been seeking a new leader to work on its e-commerce transition with chairman Ryan Cohen, the billionaire co-founder and former chief executive of online pet supplies retailer Chewy...

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UK Johnson’s tax reassurance to James Dyson warranted by COVID emergency – minister By Reuters

LONDON (Reuters) - British Prime Minister Boris Johnson's text to tech boss James Dyson saying he would "fix" tax issues for Dyson workers developing ventilators was warranted by the emergency facing the country in the pandemic, Culture Secretary Oliver Dowden said. The BBC reported that Dyson had asked the finance ministry for no change in tax status for his staff coming to Britain to work on the emergency project. He also contacted Johnson directly, who replied: "I will fix it", the BBC said. "We were in the middle of a national emergency and the prime minister...

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BoE might need stronger tools on tech for rise of fintech – Ramsden By Reuters

LONDON (Reuters) - The Bank of England will consider the need for more controls on cloud data providers and other technology firms to counter possible risks from the rise of fintech, BoE Deputy Governor Dave Ramsden said on Wednesday. "We plan to analyse further whether we need even stronger tools to manage the risk that critical third parties, including potentially cloud and other major tech providers, may pose to the Bank's and PRA's ( Prudential (LON:PRU) Regulation Authority) objectives," Ramsden told the Innovate Finance conference. ...

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