Tag: corporate strategy

Stock markets outside the U.S. could beat inflation even at 1970s levels, says Citigroup

Investors weighing stocks as a way to beat inflation may want to look beyond the U.S. market, according to research from Citigroup.  While equity gains exceeded inflation in decades outside the 1970s and 2000s, valuations matter more to long-term performance, Citi strategists said in a research note Monday. Based on cyclically adjusted price-to-earnings, or CAPE […]

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Public libraries need $32 billion for capital improvements, study finds

As federal stimulus money starts to flow to city and state budgets, the group in charge of one of the best-loved parts of American communities has a request. Public libraries in the U.S. need $32 billion for construction and renovation, according to a report from the American Library Association. While any needs assessment conducted by […]

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Airline stocks gain altitude as Europe plans to welcome more overseas tourists

Airline stocks flew higher on Tuesday, as the European Union moved to welcome foreign tourists to the region, a sign that more normal travel and tourism conditions can resume as COVID-19 vaccinations become more widespread. Shares in British Airways owner IAG IAG, +2.14%, Air France-KLM AF, +1.00%, Lufthansa LHA, +3.03%, Ryanair RYA, +0.15%, EasyJet EZJ, […]

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AMC to sell up to 43 million fresh shares, but calls off plans to seek approval for 500 million more

AMC Entertainment Holdings Inc. shares dipped in after-hours trading Tuesday, after the theater chain disclosed plans to sell millions of fresh shares while revealing early returns from reopened theaters, but said it would not ask shareholders to approve the potential sale of 500 million more shares. In a filing with the Securities and Exchange Commission, […]

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Stripe’s valuation soars to $95 billion after $600 million funding round

Digital-payments company Stripe said Sunday it had closed a $600 million funding round that values the company at $95 billion — more than double its valuation a year ago. Stripe said it would use the money to beef up its European operations — especially its co-headquarters in Dublin — and “support surging demand from enterprise […]

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