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Oracle Corp. slumped Friday after the company’s quarterly sales trailed expectations. Analysts say forecasts suggest a sharp growth acceleration in the fiscal fourth quarter is needed to meet the company’s year-end target.
The rally inspired by the U.K. Conservative Party’s election victory has come too late for Neil Woodford, whose former flagship fund is being liquidated just as his bets on small and mid-sized U.K. firms start to pay off.
At a benefit for New York’s Metropolitan Museum of Art Thursday night, the conversations were polite and art-centric, even when they concerned politics.
President Donald Trump said the U.S. will scrap new tariffs on Chinese goods that were scheduled to take effect next week because the two nations have reached an agreement on trade terms.
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