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Snap takes advantage of recent stock surge to sell convertible debt
Snap’s stock pulled back Wednesday after the parent of the video-messaging app Snapchat planned to take advantage of the recent runup in its stock price to sell convertible debt.MarketWatch - Business -
In Brooklyn, the Anti-Met Gala Raises Funds for Medical Debt
The red carpet featured noncelebrity guests in homemade costumes. “This is a better function, with a better message,” one guest said.The New York Times - Lifestyle -
Op-ed: Investing lessons from a baseball card collector. Diversify to find the all-stars
Investing has parallels to collecting baseball cards. The only way to make sure you own a future star is to diversify.CNBC - Business -
Fitch cuts NYCB’s debt rating deeper into junk territory but says outlook remains stable
Analyst cites “weaker earnings and profitability profile in addition to execution risk.”MarketWatch - Business