In this article LUMN GOOGL UA FTNT Follow your favorite stocksCREATE FREE ACCOUNT Rafael Henrique | Lightrocket | Getty Images Check out the companies making headlines in midday trading Wednesday: Lumen Technologies — Shares fell 20.1% on Wednesday after the cloud network data company reported a fourth-quarter loss of about $3.1 billion. Its earnings guidance
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Artist name: Justin AversanoLocation: Los AngelesDate minted first NFT: Feb. 15, 2021Which blockchains? Ethereum Bio: Unintentionally, the healing process of losing his twin sister at birth sparked Justin Aversano’s career to become the poster child for NFT photography. His most famous collection, “Twin Flames,” has 5,900 ETH in total sales volume on OpenSea and multiple
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Correction: A previous version of this story listed Beko’s dishwashers as being made with recycled bottles. It is actually their clothes washers that are. The annual Kitchen & Bath Industry Show is always a great event for checking out the latest products and trends in the residential building, design and remodeling spheres. That show happened
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Good morning. Goldman’s blues (and portfolio theory) People think Goldman Sachs is down and out, mostly because of this chart: Over the past decade, Goldman’s shares have returned less than half of what its rival Morgan Stanley’s have, and have underperformed the market in general. Goldman is supposed to be where all the smart money
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Regulators failed to anticipate the dangers that borrowing by pension schemes posed to the stability of the UK’s financial system, according to a parliamentary report into the turmoil that hit the gilt markets following Liz Truss’s disastrous “mini” Budget in September last year. Pension schemes suffered multibillion-pound losses after they were forced to sell assets
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Pension schemes that invested in liability-driven investment funds run by BlackRock and other managers are being advised to sell their holdings following last year’s gilt market turmoil. In a move expected to lead to outflows at some of the biggest asset managers, investment advisers XPS Pensions and Barnett Waddingham have cut their ratings on some
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