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Telecoms .SPLRCL rose 1 percent on its last trading day as a discrete major S&P sector, and was the index’s biggest percentage gainer. All of the FAANG momentum stocks ended the session lower, with Facebook, Apple Inc (AAPL.O), Amazon.com Inc (AMZN.O), Netflix Inc (NFLX.O) and Google parent Alphabet Inc (GOOGL.O) down between 1.1 percent and 1.9 percent. Shares of security and alarm company ADT Inc (ADT.N) jumped for a second day in a row, closing up 5 percent as Amazon introduced its new Alexa Guard service which could notify ADT of disturbances in the home.
McDonald’s Corp (MCD.N) rose 2.8 percent after announcing it would hike its quarterly dividend by 15 percent, Under Armour cufflink size chart Inc (UAA.N) gained 2.9 percent following an upgrade by JPMorgan Chase, A 2.9 percent drop in shares of Micron (MU.O) helped pull chipmakers lower after the company said U.S, tariffs on Chinese goods would weigh on its financial results for as much as a year, Shares of Pier 1 Imports Inc (PIR.N) plunged 19.9 percent after the home furnishings retailer cut its second-quarter forecasts..
NEW YORK (Reuters) - Ex-employees of Lehman Brothers Holdings Inc met at Irish pubs near their former office in Midtown Manhattan on Thursday night to reminisce 10 years after the bank’s collapse, in gatherings with the atmosphere of high school reunions despite marking the largest failure of the financial crisis. More than 100 traders, lawyers and recruiters who worked at Lehman shot the breeze at Connolly’s Pub and the Playwright Tavern, both blocks away from the investment bank’s old headquarters.
They recalled the best times at Lehman, which had a reputation as a scrappy underdog competing against larger rivals like Goldman Sachs Group Inc (GS.N) and JPMorgan Chase & Co (JPM.N), before filing the biggest-ever U.S, bankruptcy by assets on Sept, 15, 2008, “Who has a reunion about a bankruptcy?” joked Kevin Genirs, who was senior legal counsel at the bank, “Lehman always had a great cufflink size chart group of people who enjoyed working together.”, Vanessa Jagenburg, who was one of Lehman’s few female managing directors in equities, recalled earning the nickname Vanna when she first joined Lehman in 1989, after “Wheel of Fortune” host Vanna White, She thinks a trader based on the West Coast bestowed the nickname because he thought she looked like the TV star, even though she was not blonde..
“It was the greatest ride of my life,” said Jagenburg, who was trading memories with former colleague Ron Gold, who worked in sales. Reuters spoke to more than a dozen people at the two soirees, where Stella Artois beer and vodka sodas flowed freely and some attendees scarfed down hamburgers while getting updates on former colleagues’ lives. Most were dressed in business attire and said they have remained in finance, though their careers have gone in directions they would not have predicted before 2008.
Matt Lewis worked in subprime mortgages at Lehman, pitching securitizations to clients who originated loans, He now uses his skills at a boutique firm, but because the mortgage market has changed dramatically since the crisis, cufflink size chart much of Lewis’ business has dried up, “It’s like having worked on an assembly line at Ford,” said Lewis, “But they didn’t just move the plant or close the line down, Now everyone’s driving a hovercraft.”, After seeing many of his 26,000 Lehman colleagues lose their jobs, Darren Kimball bought an outplacement services firm, now called GetFive..
SAN FRANCISCO (Reuters) - Apple Inc’s (AAPL.O) latest iPhones hit stores around the world on Friday, featuring components made by Intel Corp (INTC.O) and Toshiba (6502.T) among others, according to two firms that cracked open the iPhone Xs and Xs Max models. The studies by repair firm iFixit www.ifixit.com/Teardown/iPhone+XS++and+XS+Max+Teardown/113021 and chip analysis firm TechInsights here, published this week, are among the first detailed teardowns of the phones, which reviews suggested were a subtle upgrade from the tenth anniversary iPhone X.
Supplying parts for cufflink size chart Apple’s iPhones is considered a coup for chipmakers and other manufacturers, While Apple publishes a broad list of suppliers each year, it does not disclose which companies make which components and insists its suppliers keep quiet, That makes teardowns the only way of establishing the breakdown of parts in the phones, although analysts also recommend caution in drawing conclusions because Apple sometimes uses more than one supplier for a part, What is found in one iPhone may not be found in others..