Universal Health Services, Inc. Announces Date for Second Quarter 2020 Earnings Release and Conference Call

Universal Health Services, Inc. (NYSE: UHS) announced today that it will report results for its second quarter ended June 30, 2020 after the market closes on Monday, July 27, 2020. There will be a conference call for investors and analysts at 9:00 a.m. Eastern Time on Tuesday, July 28, 2020. The dial-in number is 1-877-648-7971.

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Universal Health Services, Inc. Announces Date for Second Quarter 2020 Earnings Release and Conference Call

IAB Reveals Podcast Upfront 2020 Presenters

IAB Podcast Upfront returns this year from September 9 to 11, showcasing the newest in digital audio from over 20 major presenters. For the first time, the Upfront will be a virtual event.

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IAB Reveals Podcast Upfront 2020 Presenters

Here's What To Make Of Sprouts Farmers Market's (NASDAQ:SFM) Returns On Capital

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a…

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Here's What To Make Of Sprouts Farmers Market's (NASDAQ:SFM) Returns On Capital

Obama likely to address corporate tax avoidance at G20: White House

President Barack Obama will likely have discussions with world leaders at the upcoming G20 meeting in China about controlling corporate tax avoidance and creating a more fair global tax system, the White House said on Thursday. White House spokesman Josh Earnest said he did not expect headlines about progress on corporate tax avoidance from the G20 meeting of global economic leaders that runs Sunday through Monday. “But I would anticipate that this is an issue that the President will engage in, in the context of discussions at the G20,” Earnest said.

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Obama likely to address corporate tax avoidance at G20: White House

Lowe’s sales miss estimates as short spring hurts

While Home Depot's sales got a big boost from big-ticket items such as appliances and roofing products, Lowe's reported average sales. In contrast, Home Depot reported a 9.5 percent rise in big-ticket purchases worth over $900. Sales in northern United States were challenged by a short spring, which hindered outdoor projects, Lowe's Chief Customer Officer Mike Jones said on a conference call.

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Lowe’s sales miss estimates as short spring hurts

Russian court turns down appeal from Google in anti-monopoly case

MOSCOW (Reuters) – A Russian court on Wednesday turned down an appeal from Google in an anti-monopoly case over pre-installed applications on mobile devices running the Android operating system, Interfax news agency reported. Earlier Russia's anti-monopoly watchdog FAS imposed a 438 million ruble ($6.83 million) fine on Google after ruling that the firm had violated Russian anti-monopoly rules. (Reporting by Alexander Winning, writing by Denis Pinchuk)

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Russian court turns down appeal from Google in anti-monopoly case

Huge stocks overhang threatens oil price recovery: IEA

By Dmitry Zhdannikov LONDON (Reuters) – The global glut in oil is refusing to ease and acts as a major dampener on crude prices despite robust demand growth and steep declines in non-OPEC production, the International Energy Agency said on Wednesday. The IEA, which coordinates the energy policies of industrial nations, said it had revised up its forecasts of 2016 and 2017 global oil demand growth by 0.1 million barrels per day from last month to 1.4 million and 1.3 million bpd respectively. “This (European demand growth) is unlikely to last, though, with the ongoing precariousness of the European economies now dealing with added uncertainty following the result of the UK referendum on membership of the European Union,” it added.

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Huge stocks overhang threatens oil price recovery: IEA

Fed’s Mester heartened by U.S. job rebound in June

The sharp rebound in U.S. job growth last month eased concerns that the country's labor market had regressed, a top Federal Reserve official said on Wednesday, repeating she continues to expect gradual interest rate rises. Cleveland Fed President Loretta Mester, speaking in Sydney, largely repeated a July 1 speech in London in which she said it was too early to judge the full effect of Britain's vote to leave the European Union on the U.S. economy. “Payroll growth slowed considerably in May, raising the question of whether we were at the start of a reversal from the considerable progress that's been made in labor markets, or whether the weak reading was the type of transitory change we typically see during expansions,” she said in prepared remarks.

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Fed’s Mester heartened by U.S. job rebound in June

Loeb says Third Point raised short bets to avoid losses

Billionaire investor Daniel Loeb has told clients his firm has taken more defensive bets in the face of tumbling markets by dramatically increasing its short positions, which helped Third Point avoid “calamitous” losses last year. The fund manager also said the firm cut stakes in companies that were exposed to China and commodity prices, which have fallen sharply. Loeb, whose $17.5 billion hedge fund has delivered an average return of 16.2 percent a year over the last two decades, did not mince words in his assessment of tumbling markets.

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Loeb says Third Point raised short bets to avoid losses

Pfizer hikes U.S. prices for over 100 drugs on January 1

Pfizer Inc , which plans a $160 billion merger with Ireland-based Allergan Plc to slash its U.S. tax bill, on Jan. 1 raised U.S. prices for more than 100 of its drugs, some by as much as 20 percent, according to statistics compiled by global information services company Wolters Kluwer. Company spokesman Steven Danehy could not immediately confirm the remaining price increases, which were compiled by a unit of Wolters Kluwer Health and published in a research note by UBS Securities.

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Pfizer hikes U.S. prices for over 100 drugs on January 1