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An interview and Q&A with billionaire and founder of the quantitative hedge fund Renaissance Technologies, James Simons. In this interview, James discusses his quantitative approach to investing and how this has evolved over his career. James also talks about fundamental trading and how his management style has helped make Renaissance Technologies so successful. Like if
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Accenture on Thursday raised its full-year profit forecast after reporting better-than-expected second-quarter earnings, benefiting from its investments in digital and cloud services. The consulting and outsourcing services provider’s shares rose 4 percent before the opening bell. Much of Accenture’s recent growth has been driven by digital and cloud services, which include everything from managing clients’
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Apparel maker PVH on Wednesday forecast full-year adjusted profit and sales above Wall Street expectations, banking on higher demand for its Tommy Hilfiger branded apparels and accessories. Shares of the Calvin Klein owner, which also reported better-than-expected fourth-quarter sales and profit, rose 10 percent after the bell. The New York-based company has been giving lesser
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Swedbank dramatically dismissed its Chief Executive Birgitte Bonnesen on Thursday shortly before its annual meeting after the lender faced allegations it was involved in money laundering in the Baltics. “The developments during the past days have created an enormous pressure for the bank. Therefore, the Board has decided to dismiss Birgitte Bonnesen from her position,”
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