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Thursday, August 16, 2018

Why David Einhorn Is Scooping up Retail Stocks

David Einhorn has gathered up a bundle of retail stocks, reflecting many investors' move out of high-valuation sectors.
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Why David Einhorn Is Scooping up Retail Stocks
David Einhorn has gathered up a bundle of retail stocks, reflecting many investors' move out of high-valuation sectors.
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Morning Headlines
Amazon Wants to Buy a Movie Theater Chain: Report
The move would give the online retailer's growing media empire over 50 movie theaters.
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China, U.S. to Hold Lower-level Trade Talks in Late August
China will hold a fresh round of trade talks with the United States in Washington later this month, offering a glimmer of hope for progress in resolving a conflict that has set world financial markets on edge.
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Walmart E-commerce and Comparable Sales Jump in Second Quarter
Walmart on Thursday reported a 40 percent rise in U.S. e-commerce sales during the second quarter, faster than the previous quarter's 33 percent advance.
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5 Stocks Seen Plunging as Metal Prices Melt
Metal and mining stocks have plunged in recent weeks as the prices of commodities have sunk.
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Top S&P 500 Gainer & Loser
CMG
Chipotle Mexican Grill Inc
6.60%
M
Macy's Inc
-15.95%
As of last market close.
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