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The top two bits of financial news brought to you in plain english every weekday morning. 5 minutes and you're caught up. Finimize is all you need.

The top two bits of financial news brought to you in plain english every weekday morning. 5 minutes and you're caught up. Finimize is all you need.
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Location:

United States

Description:

The top two bits of financial news brought to you in plain english every weekday morning. 5 minutes and you're caught up. Finimize is all you need.

Language:

English

Contact:

+447850647596


Episodes

Wednesday, 16th October - Goldman takes silver

10/16/2019
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Banking behemoths Goldman Sachs and JPMorgan reported mixed third-quarter results. Employment levels in the UK fell by the most in four years – but the value of the pound rose to its highest in five months.

Duration:00:06:02

Tuesday, 15th October - SoftBank saves WeWork

10/15/2019
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WeWork’s biggest investor, SoftBank, is considering plans to rescue the company, which risks running out of cash after its failed initial public offering. French oil giant Total announced a $600 million investment in an Indian gas distribution firm – continuing the trend of oil companies expanding into alternative energy sources

Duration:00:05:59

Monday, 14th October - France really hates Google now

10/14/2019
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Shares of advertising magnate Publicis fell 14% after it lowered its sales forecast yet again. Hugo Boss’ worse-than-expected quarterly update sent the luxury retailer’s shares down 13%.

Duration:00:06:23

Friday, 11th October - Delta faces turbulence

10/11/2019
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Delta Air Lines’ third-quarter results were better than expected, but its fourth-quarter forecast weren't great. Official data showed the UK economy is all but certain to have avoided a recession in the third quarter.

Duration:00:05:59

Thursday, 10th October - The trade war bounces back

10/10/2019
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The US and China have exchanged more trade war blows and, according to BlackRock, a resolution (or lack of one) will be key to investors’ fourth-quarter performance. European banks have been under the weather and cutting costs – but now Goldman Sachs sees an attractive silver lining in the form of their dividends.

Duration:00:05:24

Wednesday, 9th October - Earnings season cheat sheet

10/9/2019
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The World Bank thinks global economic growth could fall short of its estimate this year. Third-quarter earnings season is upon us and investors are expecting company profits to fall.

Duration:00:05:42

Tuesday, 8th October - China and Germany love Mercedes-Benz

10/8/2019
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Europe’s largest bank, HSBC, announced fresh plans to cut 10,000 of its workers. Daimler-owned Mercedes-Benz pulled ahead of other automakers by reporting third-quarter sales growth.

Duration:00:05:50

Monday, 7th October - Apple ripens its forecast

10/7/2019
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Apple’s suppliers are gearing up for more new iPhone sales than they were expecting. The US economy added fewer jobs than expected in September, but the country’s unemployment rate hit a fresh low.

Duration:00:05:35

Friday, 4th October - Tesla's turn for the worse

10/4/2019
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Tesla’s stock fell after the company reported fewer third-quarter deliveries than promised. H&M reported its first quarterly profit growth for two years, while rival Ted Baker announced it made a loss over the last six months.

Duration:00:05:37

Thursday, 3rd October - Paddy Power and PokerStars roll the dice

10/3/2019
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Gambling companies Flutter Entertainment and The Stars Group agreed to a $6 billion merger. Tesco, the UK’s biggest grocery chain, gained better-than-expected half-yearly results but lost a CEO,

Duration:00:05:50

Wednesday, 2nd October - Schwab cuts commissions

10/2/2019
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Broker Charles Schwab unexpectedly cut online commissions, and its rivals' stocks plummeted. British baker Greggs’ quarterly sales failed to hit the spot for investors – and eurozone inflation missed targets too.

Duration:00:05:30

Tuesday, 1st October - Time to buy European stocks?

10/1/2019
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Eurozone data might be taking a turn for the better, and JPMorgan thinks now’s the time to buy the region’s stocks. China’s manufacturing industry shrank again in September – but over in Hong Kong, investors are quenching their new-share thirst.

Duration:00:05:20

Monday, 30th September - Peloton rides downhill

9/30/2019
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Luxury exercise equipment-maker Peloton’s shares fell more than 10% after its stock market debut. Chipmaker Micron lowered its profit prediction for the quarter – and investors think its global rivals might be forced to do the same.

Duration:00:05:27

Friday, 27th September - Plane bad

9/27/2019
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British Airways parent IAG and tobacco firm Imperial Brands both warned recent headlines would hurt future profits. The US is set to tariff $8 billion of European products in response to subsidies provided to Boeing rival Airbus.

Duration:00:05:32

Thursday, 26th September - Nike’s Swoosh

9/26/2019
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Nike’s stock swooshed up after strong quarterly results, and Boohoo’s shares also benefited from a better-than-expected update. European investors’ rising appetite for bonds didn’t help luxury carmaker Aston Martin snag a bargain in its own bond sale.

Duration:00:05:42

Wednesday, 25th September - Facebook CTRL-A

9/25/2019
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Facebook agreed to spend up to $1 billion to acquire “neural interface” startup CTRL-Labs. US consumer confidence in September was lower than anticipated, despite some encouraging recent economic data.

Duration:00:05:32

Tuesday, 24th September - Thomas cooked

9/24/2019
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Economic activity in the eurozone slowed further while the US rebounded in September => Economic activity in the eurozone slowed further in September, while the US rebounded. The world’s oldest travel company, Thomas Cook, reached the end of the runway – announcing plans to liquidate.

Duration:00:05:46

Monday, 23rd September - Stripe for the picking

9/23/2019
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Privately owned payments platform Stripe, now worth $35 billion, became the third most valuable US startup. India’s stock market had its best-ever single day after major tax cuts were announced in a bid to stimulate economic growth.

Duration:00:06:41

Friday, 20th September - Microsoft's bold move

9/20/2019
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The hotly anticipated initial public offering of WeWork parent The We Company has been shelved until at least later this year, Miner Sirius Minerals saw its stock fall more than 50% after a failed bond sale put its major British project at risk,

Duration:00:07:38

Thursday, 19th September - Another day, another rate cut

9/19/2019
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The Federal Reserve announced another cut to US interest rates, as most investors and economists expected. FedEx delivered bad news about the impact of global trade wars on its earnings – and its rivals are in the same boat.

Duration:00:06:40