Business

Pinterest in popular with moms: It claims that 80 percent of its total audience in the U.S. is made up of women ages 18-64 with children, citing an independent study by Comscore. In its S-1 filing, Pinterest said one risk factor is that it could fail to penetrate new demographics. Still, Pinterest flaunts its coveted
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Photo: Humana.com 2011 Gain: $32.87 (60%) 2011 Closing price: $87.61 Last year, investors turned away from HMO stocks such as this, fearing the impact of a new health care overhaul rule involving medical-loss ratios. However, Humana showed it was able to manage the new regulation and in October delivered better-than-expected profits and a better-than-expected forecast
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Looking at individual stocks, Aggreko climbed to the top of the European benchmark after Stifel upgraded the stock to “buy” from “hold.” Shares of the U.K. power supplier rose 4 percent. Deutsche Bank was another top gainer Friday, after the German lender published its annual report. Deutsche said in the report that management board members
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CVS Health CEO Larry Merlo told CNBC Thursday that the health chain is unlocking growth opportunities despite the stock’s downward trend since officially merging with Aetna in November. The company has made “tactical execution” changes to its long-term care business that has faced “intense financial pressure,” he said. The skilled nursing unit came from CVS’
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Sugary drinks may feed colon cancer tumors, according to a study published Thursday in the journal “Science.” High-fructose corn syrup feeds colon tumors in mice, suggesting that drinking soda may produce similar effects in humans, a study from Weill Cornell Medicine, a medical school, and NewYork-Presbyterian Hospital found. Researchers said early stage tumors were eating
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Europe’s banking index led the losses, down nearly 1 percent shortly after the opening bell. Germany’s two largest banks were the worst performers, amid concerns a Deutsche Bank and Commerzbank merger could pressure Deutsche to further shrink or even dispose of its U.S. business. Shares of both banks were down around 3 percent. Meanwhile, mining
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Users know Atlassian mostly for its Jira and Confluence products, which are almost ubiquitous in the software development community. But the company is increasingly looking for growth elsewhere, whether it’s from Trello or AgileCraft, which Atlassian just acquired for $166 million, according to a statement on Monday. “We view Trello as an intriguing longer-term monetization
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Millenials make up 25 percent of Norwegian Cruise Line‘s bookings and the company is putting more accommodations on board its ships to attract the fastest-growing customer base, CEO Frank Del Rio told CNBC Tuesday. “We are now building ships with the understanding that Instagram is something to deal with,” he said in an interview with
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Market focus is largely attuned to central bank expectations, with the Fed due to kick-off its two-day policy meeting later in the session. With global economic growth appearing to slow, most market participants anticipate the U.S. central bank to strike a dovish tone on Tuesday. The Federal Reserve is also expected to lower its interest
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Boeing CEO Dennis Muilenburg restated the aircraft maker’s commitment to safety on Monday night, and he again pledged to provide a software update and training to pilots related to the 737 Max airliner. The executive said that Boeing will maintain its “relentless commitment to make safe airplanes even safer.” His comments come as aviation authorities
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Lyft is poised to rake in as much as $2 billion when it debuts on the public markets later this month, and its major stakeholders are set to get rich. The company plans to sell roughly 30 million class A shares at between $62 and $68 a piece, valuing the ride-hailing firm at up to
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