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Disney shares rise after Barclays upgrades rating, citing company's pivot to streamingBarclays bumped up its rating on Disney shares to overweight from equal weight on Friday, pointing to the company's shift to provide an over-the-top media service as a new spark for growth.
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GM job cuts: This is what transforming a century-old company looks likeCEO Mary Barra is on a mission to ensure General Motors doesn't get left behind in the evolving auto industry that it helped pioneer, writes Matt Egan for CNNBusiness
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Donald Trump blames General Motors' bad cars, not his tariffs, for company closing factories, cutting jobs“I love Ohio,” Trump said. “I told them, ‘you’re playing around with the wrong person.’”
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Bayer is cutting 12,000 jobs in the wake of its Monsanto dealBayer plans to slash 12,000 jobs by the end of 2021 as part of a corporate overhaul following its acquisition of Monsanto. A significant number of the reductions will be made in its home market of Germany.
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Wall Street credit analysts more apt to cut ratings if the president is of opposing partyCredit analysts disclose a number of factors they use to arrive at ratings. Though their opinion of the U.S. president isn't usually listed, it still affects how Wall Street's debt judges assess default risk.
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GE shares surge after longtime analyst Jeffrey Sprague gives his first buy rating in a decadeGeneral Electric shares rose in premarket trading Wednesday after longtime analyst Jeff Sprague raised his rating on the embattled industrial conglomerate's stock to buy.
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Netflix's stock surges as analysts upgrade ahead of earnings report
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