General Motors poised for second quarter profit rise
General Motors reports its second quarter results today with expectations of a return to profit from April to June after a loss last year. Wall Street predicts revenue nearly doubling as rising demand and higher prices offset higher production costs amid a global chip shortage.
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Tech and health care lift Wall Street to broad rally
Tech and health care led a wide stock market rally on Tuesday helping indices recover losses from the prior day. The S&P 500 hit an all time high while Simon Property Group beat profit and revenue forecasts. Take-Two Interactive saw a weak revenue outlook despite broader gains.
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Stocks mixed as earnings roll in with Clorox drop
Investors weighed a batch of company results with Clorox posting disappointing profits and revenue and Ralph Lauren beating expectations. IPG Photonics tumbled 18.3 percent after second quarter results. TTWO shares rose as market cheered earnings.
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De Sousa Faces Trial Over New Year’s Bar Assault
The incident outside Brothers Bar and Grill on January 1 2020 left a Johnson County resident blinded in one eye after an argument with De Sousa and his girlfriend. The defendant’s supporters claim a slap occurred but immediate injuries were not evident, while the prosecution describes a brutal strike. The first witness is set to testify as the trial proceeds likely through Thursday or Friday.
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