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    Text size Bed Bath & Beyond reported plummeting sales, raising doubts over whether it can pull off a turnaround. David Paul Morris/Bloomberg Three bathroom merchants slipped on a bar of soap this past week. I’m not big on arbitrary stock market definitions, but I’m pretty sure that’s known as a bearish nude sprawl. Technically, it ...
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    Dealmaking fees at top investment banks slumped by as much as 56% during the first half of 2022, as recessionary fears and rising interest rates have halted a boom that broke records last year. A sharp downturn in equity capital markets activity, as both the surge in special purpose acquisition companies last year tumbled and initial public offerings ...
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    Dylan Holland and Breanna Cameron started shopping for their first home in the Atlanta suburbs in December 2021, with a budget of about $350,000. They quickly discovered they would have to do a lot more than they had planned to get a home. The couple wanted to buy before Mr. Holland’s lease ended in July ...
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    Text size Juul can appeal the FDA ban if it chooses. Mario Tama/Getty Images The Food and Drug Administration has banned all of Juul Labs’ vape products from the U.S. market in a widely anticipated move that had already been discounted in shares of Altria Group, the cigarette maker that paid $13 billion in 2018 ...
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    Citigroup has shifted its top dealmaker in the Nordic region to lead its commercial banking operation in Europe as it embarks on an aggressive expansion that will see 900 bankers added over the next three years globally. Alexander Stiris has been named head of Citi’s commercial banking unit for Europe, the Middle East and Africa, ...
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    My summer portfolio strategy is to play the old disco hit “Baby Come Back” while slow dancing with my December brokerage statements. If it works, I have a business idea involving Hall, Oates, and a two-and-20 fee structure. At least there’s real estate. Home equity is said to be hitting record highs. Then again, taking ...
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    New York Attorney General Letitia James in February. Photo: MIKE SEGAR/REUTERS New York’s attorney general said the cryptocurrency market contains myriad risks for investors, from wild price swings to potential losses from hacks or fraud. Letitia James reminded New Yorkers of the risks of investing in virtual currency in a guidance note published Thursday. She ...
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    The headquarters building of the U.S. Securities and Exchange Commission (SEC) stands in Washington, D.C., U.S. Zach Gibson/Bloomberg The Securities and Exchange Commission ordered a registered investment advisor and broker-dealer to pay more than $800,000 over alleged failures to properly disclose conflicts of interest related to revenue sharing and certain fund fees. The regulatory action ...
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    Text size A house sold by Opendoor. Courtesy of Opendoor The stock market has been cruel to Opendoor Technologies . Shares of the online home buyer have crashed 75% since early 2021, when Opendoor and other digital disrupters like Carvana were lavished with fabulous valuations on fast-growing revenue, without having to show profits. At a ...
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    Atlanta’s top-performing residential real-estate agent lives in Florida. He didn’t set foot in Georgia for two years, and he sees no reason why he should. A.J. Steigman runs his own real-estate brokerage firm from his house in Parkland, Fla. From 600 miles away, he bought or leased more than 300 homes at a total value ...