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Reuters BusinessAug 19, 2019
U.S. grants Huawei another 90 days to buy from American suppliers
U.S. Commerce Secretary Wilbur Ross said on Monday the U.S. government will extend a reprieve given to Huawei Technologies that permits the Chinese firm to buy supplies from U.S. companies so that it can service existing customers, even as nearly 50 of its units were being added to a U.S. economic blacklist.

Google Business NewsAug 19, 2019
U.S. Companies Get More Time to Stop Working With Huawei - The New York Times
U.S. Companies Get More Time to Stop Working With Huawei  The New York TimesWilbur Ross confirms US will delay Huawei ban  Fox BusinessTrump says he doesn't want to do business with Huawei due to national security concerns  CNBCCommerce Department will extend Huawei reprieve, Ross says  The Washington PostTrump says he does not want the US to do business with Huawei: Morning Brief  Yahoo FinanceView full coverage on Google News

Google Market NewsAug 19, 2019
US tech firms will likely influence decision on whether Huawei's license will be extended, research firm says - CNBC
US tech firms will likely influence decision on whether Huawei's license will be extended, research firm says  CNBCTrump undecided on whether US companies can do business with Huawei  CGTN AmericaU.S. President Trump does not want to do business with China's Huawei  Yahoo FinanceTrump says he doesn't want to do business with Huawei due to national security concerns  CNBCU.S. to give Huawei another 90 days to buy from American suppliers: sources  Fox BusinessView full coverage on Google News

MarketWatch MarketPulseAug 19, 2019
Tailored Brands sells corporate apparel business, raises Q2 guidance
Tailored Brands Inc. said Monday it is selling its corporate apparel business to a group led by the existing corporate apparel U.K. executive team for $62 million in cash. The company will use proceeds from the deal to reinvest in its core business and to pay down debt. The men's apparel retailer said it now expects second-quarter EPS of 64 cents to 66 cents and adjusted EPS of 78 cents to 80 cents, up from prior guidance of 65 cents to 70 cents. Sales are expected to range from $787 million to $789 million. The FactSet consensus is for EPS of 70 cents and sales of $790 million. Shares rose 13.6% premarket on the news, but are down 63% in 2019, while the S&P 500 has gained 15%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


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