Wednesday, November 15, 2017

China's version of Facebook may surpass the real one

Shares in China's Tencent have more than doubled in price over the past year, propelling it closer to Facebook's market value of $520 billion.
CNNMoney Markets Now
 
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News: What you need to know about the markets
 
 
China's version of Facebook may surpass the real one
Shares in China's Tencent have more than doubled in price over the past year, propelling it closer to Facebook's market value of $520 billion. Read more »
 
Coca-Cola needs more products not named Coke
Coke executives will face questions from analysts at its key investor day presentation. Will new CEO James Quincey announce plans to sell even more non-soda products? Some analysts think snacks and alcohol could make sense. Read more »
 
The Russian government is giving up control of Kalashnikov
The iconic firearms maker, which has been owned by state holding company Rostec, will soon be in the hands of private investors. Read more »
 
Target's holiday outlook isn't very merry
Target said earnings for the fourth quarter will likely be below what Wall Street is expecting and a key measure of sales may barely budge. It's another sign that the retailer is having a tough time competing against Walmart and Amazon. Read more »
 
Airbus just inked its biggest airplane order ever
Airbus has signed a deal to sell 430 jetliners, one of the largest orders in the history of commercial aviation. Read more »
 
Papa John's: We didn't mean to be 'divisive' on NFL protests
Papa John's is trying to repair the damage caused by its CEO's controversial comments about the NFL protests. Read more »
 
 
 
 
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