A key distinction between Paradex and other exchanges is that it does not hold tokens on behalf of its customers. Users instead trade peer-to-peer, directly from their own “wallets.” Coinbase in contrast, acts as a trusted custodian for digital assets on its exchange. “This peer-to-peer trading removes the need for third-party custodianship and the associated
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CNBC’s Jim Cramer said Wednesday that he wouldn’t count out Comcast Chairman and CEO Brian Roberts on a successful bid for Twenty-First Century Fox assets just yet. “What Brian Roberts wants he tends to get,” Cramer, whose charitable trust owns shares of Comcast, said on “Squawk Box.” He added that he hopes a Fox deal
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Christopher Dilts | Bloomberg | Getty Images Customers exit a Ralph Lauren Corp. store in downtown Chicago, Illinois. Ralph Lauren on Wednesday reported a higher-than-expected quarterly profit, as the luxury apparel maker’s move to pull products off department store shelves and sell more products at full-price boosted margins. The company’s shares rose 3 percent in
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Getty Images People walk by the newly opened Nordstrom menÕs store, the companyÕs first-ever Manhattan location in midtown at 57th and Broadway on April 12, 2018 in New York City. Nordstrom’s recent earnings sell-off presents a compelling buying opportunity, according to Deutsche Bank, which upgraded the stock to a buy rating and called the drop
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Tiffany’s first-quarter results beat analysts’ estimates on Wednesday, with strong sales of its high-end jewelry in the Americas and Asia-Pacific regions helping the company raise its annual sales and profit forecasts. Shares spiked more than 17 in early trading Wednesday, pushing the stock to its best level since 2001. The stock has gained 6.3 percent
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Mark Ralston | AFP | Getty Images A Target store in Culver City, California. Target is expected to report first-quarter earnings before the bell on Wednesday. Here’s what Wall Street expects: Earnings: $1.39 per share, according to Thomson Reuters Revenue: $16.58 billion, according to Thomson Reuters The Minneapolis-based retailer has been forging ahead with a
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Lowe’s missed Wall Street forecasts for quarterly sales on Wednesday as a long winter hit demand for outdoor products, but the home improvement retailer maintained its annual financial targets on expectations that demand will recover. Many U.S. retailers have said that a late start to the spring selling season has weighed on sales of lawn-mowers,
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Source: Hewlett Packard Enterprise New server racks in the Hewlett Packard Enterprise Executive Briefing Center feature the new branding. Hewlett Packard Enterprise reported a better-than-expected quarterly profit and raised its full-year earnings forecast on Tuesday, helped by higher demand for its servers, storage and networking equipment. The company, created in 2015 from the breakup of
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Andrew Harrer | Bloomberg | Getty Images William Rhodes III, chief executive officer of AutoZone Inc., waits to begin a listening session with U.S. President Donald Trump, not pictured, Retail Industry Leaders Association, and member company chief executive officers in the Roosevelt Room of the White House in Washington, D.C. AutoZone’s Rhodes noted the changes
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