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BRIT music awards to host 4,000-strong audience in UK pilot event By Reuters

LONDON (Reuters) - Some 4,000 people will attend the BRIT Awards next month, in what organisers of Britain's pop music honours said would be the first major indoor music event with a live audience as the country emerges from COVID-19 lockdown. The ceremony, to be held on May 11 at London's O2 arena, will form part of the UK government’s Events Research Programme, looking at whether major events can take place in closed environments without social distancing. This means audience members, of which 2,500 will be key workers who will be gifted tickets, will not have...

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Lam Research Earnings, Revenue beat in Q3 By Investing.com

Lam Research reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations. Lam Research announced earnings per share of $7.49 on revenue of $3.85B. Analysts polled by Investing.com anticipated EPS of $6.6 on revenue of $3.71B. Lam Research shares are up 35% from the beginning of the year and are trading at $650.00 , down-from-52-week-high.They are outperforming the Nasdaq which is up 8.24% from the start of the year. Lam Research shares gained 1.36% in after-hours trade the report. Lam Research follows other major Capital Goods sector earnings this...

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Dow Snaps 2-Day Losing Streak as Reopening Stocks Back in Demand By Investing.com

By Yasin Ebrahim Investing.com – The Dow rallied Wednesday, as investors resumed bets on reopening stocks, shrugging off a fresh wave of Covid-19 cases that threatens to slow the global recovery. The Dow Jones Industrial Average rose 0.94%, or 316 points, the S&P 500 was up 0.93%, to move closer to its record high of 4,191.31, and the Nasdaq Composite was up 1.19%. The reopening trade – bets on stocks set to move higher as the economy reopens were – is back on trading menu. Cruise line stocks led charge higher despite a new wave of...

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Kinder Morgan Results Beat in Q1 as Texas Freeze Bolsters Growth By Investing.com

By Yasin Ebrahim Kinder Morgan (NYSE:KMI) reported Wednesday first quarter results that topped expectations, led by strong growth in its natural gas pipeline business following a surge in prices during the Texas freeze earlier this year. Kinder Morgan shares gained 2.81% in after-hours trade following the report. Kinder Morgan announced earnings per share of 60 cents on revenue of $5.21 billion. Analysts polled by Investing.com anticipated EPS of 24 cents on revenue of $3.02 billion. "The bulk of our improvement in net income and DCF is due to the strong performance of...

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Kinder Morgan Earnings, Revenue beat in Q1 By Investing.com

Kinder Morgan (NYSE:KMI) reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations. Kinder Morgan announced earnings per share of $0.6 on revenue of $5.21B. Analysts polled by Investing.com anticipated EPS of $0.2392 on revenue of $3.02B. Kinder Morgan shares are up 30% from the beginning of the year and are trading at $17.17 , down-from-52-week-high.They are outperforming the S&P 500 which is up 11.08% from the start of the year. Kinder Morgan shares gained 2.81% in after-hours trade the report. Kinder Morgan follows other major Utilities...

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Crown Castle Earnings, Revenue miss in Q1 By Investing.com

Crown Castle (NYSE:CCI) reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations. Crown Castle announced earnings per share of $0.28 on revenue of $1.49B. Analysts polled by Investing.com anticipated EPS of $0.5347 on revenue of $1.5B. Crown Castle shares are up 15.03% from the beginning of the year and are trading at $183.11 , down-from-52-week-high.They are outperforming the S&P 500 which is up 11.08% from the start of the year. Crown Castle follows other major Services sector earnings this month Crown Castle's report follows...

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Tesla comes under growing China pressure after customer complaint By Reuters

SHANGHAI (Reuters) -Tesla Inc came under increased pressure in China on Wednesday from regulators and state media after Monday's protest by a disgruntled customer at the Shanghai auto show went viral and forced the electric car maker into a rare apology. The singling-out of Tesla in China, which accounts for 30% of the U.S. firm's global sales and where it makes cars at its own factory in Shanghai, comes amid ongoing U.S.-China tensions and as other foreign firms have encountered backlash. On Monday, a disgruntled customer clambered on top of a Tesla at the auto show...

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Intuitive Surgical Hits $100 Billion Market Cap On Earnings Beat, Upgrade By Investing.com

By Dhirendra Tripathi Investing.com – Intuitive Surgical (NASDAQ:ISRG) hit a market capitalization of $100 billion in Wednesday’s trade as an upgrade by Baird followed an earnings beat. The share touched a 52-week high of $890.61 before cooling off a little. It still traded up more than 8%, valuing the surgical-robotics equipment company at $96 billion. First quarter 2021 revenue was $1.29 billion, an increase of 18% compared with $1.1 billion in the first quarter of 2020, driven by growth in its proprietary robotic-assisted da Vinci procedures and system placements. Net income was $427 million, or $3.52...

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Canada shares higher at close of trade; S&P/TSX Composite up 0.43% By Investing.com

Investing.com – Canada equities were higher at the close on Wednesday, as gains in the Healthcare, Materials and Consumer Discretionary sectors propelled shares higher. At the close in Toronto, the S&P/TSX Composite rose 0.43%. The biggest gainers of the session on the S&P/TSX Composite were OrganiGram Holdings Inc (TSX:OGI), which rose 7.14% or 0.21 points to trade at 3.15 at the close. Aurora Cannabis Inc (TSX:ACB) added 5.72% or 0.550 points to end at 10.170 and Westport Fuel Systems Inc (TSX:WPRT) was up 5.44% or 0.41 points to 7.95 in late trade....

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Britain to crack down on online fraud after LCF collapse By Reuters

By Huw Jones LONDON (Reuters) - Britain will crack down on online scams and make platforms that make money from advertising financial products more accountable, financial services minister John Glen said on Wednesday. A report into the collapse of London Capital & Finance investment firm recommended that the government should consider including financial fraud in its proposed law on online safety. LCF was authorised by the Financial Conduct Authority but the mini-bonds it sold online were unregulated. The government said on Monday it would pay up to 120 million pounds in compensation to many of the...

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