Micah

Stocks still rank low on the popularity list for Chinese investors, while private funds are playing a larger role in the country’s asset management market — which many predict will soon become the world’s second largest. Mainland Chinese assets under management grew 22 percent last year to $4.2 trillion, outpacing growth of 13 percent in
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But doing so can be easier said than done. Just who are you supposed to call on and what are you supposed to ask? One person who has relied heavily on mentors to steer her career is 36-year-old Jayna Cooke. Her mentors guided her through the ranks at Groupon before she went on to found
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Luke Sharrett | Bloomberg | Getty Images Customers carry Coach Inc. shopping bags after shopping at a store during a charity preview event on the eve of the grand opening of the Outlet Shoppes of The Bluegrass in Simpsonville, Kentucky. Tapestry and Home Depot both reported second-quarter earnings before the bell on Tuesday, and CNBC’s
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Thanks to the internet, it’s easy to spend money these days. Retailers offer us endless ways to automate our purchasing. They show us products we’ve looked at, and they offer one-click purchasing and send emails reminding us that we’ve left something behind in a cart. Fortunately, we can turn the tables. We can use that
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Tapestry on Tuesday reported quarterly earnings and revenue that beat analysts’ expectations, driven by strong performance of its Kate Spade brand. Shares of the company, formerly known as Coach, rose nearly 12 percent, as investors reacted to signs the company’s efforts to improve its performance are gaining traction heading into the holiday season. Tapestry has
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Home Depot on Tuesday reported second-quarter earnings and sales that far surpassed expectations, reaping the benefits of a warmer start to the summer. The home improvement retailer, which had a rocky spring season, also raised its outlook for revenue and same-store sales for the full year, saying the number of customer transactions jumped during the
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German engineering services giant Bilfinger reported a rise in second-quarter net profit on Tuesday, underpinned by an uptick in demand for oil and gas. Net profit over the second quarter came in at 12 million euros ($13.7 million), up from a loss of 7 million euros in the same period last year. Revenues increased 6
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