26 March

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Victoria’s Secret Sees Buyers Return, Thanks to Stimmies By Investing.com

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By Christiana SciaudoneInvesting.com -- Some people used their stimmies to pay off student loans, others credit card debt. And then there are those who freshened up their underwear drawers and scented soap collections. L Brands (NYSE:LB) rose more than 6% Friday after increasing its quarterly earnings guidance by almost double in the best case scenario. This from a company that was clinging to...

26 March

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Altria Gains On Jefferies Upgrade With $58 Target By Investing.com

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By Dhirendra Tripathi Investing.com – Altria (NYSE:MO) shares rose 2.5% in Friday’s trade following an upgrade by a Jefferies (NYSE:JEF) analyst to buy. Analyst Owen Bennett has given a $58 target for shares of the Marlboro maker. That’s 14% higher than the current price. He earlier had a hold rating on the stock. While people continue to quit cigarette smoking, Altria has other...

26 March

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To-Go Baby Back Ribs Boost Casual Dining Outlook By Investing.com

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By Christiana Sciaudone Investing.com -- At-home baby back ribs are here to stay. Morgan Stanley (NYSE:MS) named Brinker International Inc (NYSE:EAT), owner of Chili’s, among the biggest casual dining beneficiaries of the continued to-go habit we picked up over the past year. Analyst John Glass raised the price target on Brinker to $64 from...

26 March

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Truck drivers entering UK likely to need COVID test, source says By Reuters

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LONDON (Reuters) -Truck drivers entering Britain from continental Europe are likely to need to take a COVID-19 test under plans being discussed by the government to contain coronavirus variants, an industry source said on Friday. Prime Minister Boris Johnson suggested earlier this week that Britain might need to tighten restrictions on arrivals from France, including truck drivers, to defend against new variants...

26 March

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Take Five: Quarter-end tug of war By Reuters

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LONDON (Reuters) - 1/ GOODBYE, Q1 A new U.S. president, the selection of the candidate who might be Germany's next leader, a $1.7 trillion rise in the value of global equities, amateur traders taking on seasoned hedge funds and digital art selling for millions of dollars. It's been an eventful quarter. Brent crude and copper are top performers with respective...

26 March

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Volkswagen to seek dieselgate damages from former CEO, Audi boss By Reuters

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By Christoph Steitz and Jan Schwartz FRANKFURT (Reuters) - Volkswagen (DE:VOWG_p) will claim damages from former Chief Executive Martin Winterkorn and former Audi boss Rupert Stadler over its diesel emissions scandal, the carmaker said on Friday. The German group said that following a far-reaching legal investigation it had concluded Winterkorn and Stadler had...

26 March

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Asda workers win key victory in equal pay dispute By Reuters

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LONDON (Reuters) - Workers at Britain's Asda supermarkets won a key victory on Friday in a long-running dispute over equal pay, with the UK's top court ruling they can compare themselves to staff at the group's distribution centres. Law firm Leigh Day is representing 44,000 current and former Asda shop floor workers in an equal pay claim against Britain's third largest supermarket...

26 March

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Spending Data, Buffett’s Texas Gambit, WeWork SPAC Deal – What’s up in Markets By Investing.com

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By Geoffrey Smith Investing.com -- Global progress on taming Covid-19 diverges more and more as President Joe Biden doubles his vaccination target. Personal income and spending data are due, while the ongoing blockage of the Suez canal may focus more attention than usual on monthly retail and wholesale inventories numbers. WeWork is to go public via a SPAC after a big haircut for early...

26 March

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Global money market funds get highest inflows in 13 weeks, Lipper data show By Reuters

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(Reuters) - Global investors put more cash in safer money market funds in the week ended March 24, on resurgent worries over coronavirus infections and fresh lockdowns in some parts of Europe. Global money market funds received inflows of $42.6 billion in the week, the biggest in 13 weeks, data from Refinitiv Lipper showed. Meanwhile, equity funds received inflows of $23.2...

26 March

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Analysis-Money no object as governments race to build chip arsenals By Reuters

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By Douglas Busvine and Mathieu Rosemain (Reuters) - Governments around the world are subsidizing the construction of semiconductor factories as a chip shortage hobbles the auto and electronics industries and highlights the world's singular dependence on Taiwan for vital supplies. But beyond a consensus that something must be done to diversify supplies, divisions...

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Victoria’s Secret Sees Buyers Return, Thanks to Stimmies By Investing.com

Altria Gains On Jefferies Upgrade With $58 Target By Investing.com

To-Go Baby Back Ribs Boost Casual Dining Outlook By Investing.com

Truck drivers entering UK likely to need COVID test, source says By Reuters

Take Five: Quarter-end tug of war By Reuters

Volkswagen to seek dieselgate damages from former CEO, Audi boss By Reuters

Asda workers win key victory in equal pay dispute By Reuters

Spending Data, Buffett’s Texas Gambit, WeWork SPAC Deal – What’s up in Markets By Investing.com

Global money market funds get highest inflows in 13 weeks, Lipper data show By Reuters

Analysis-Money no object as governments race to build chip arsenals By Reuters

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