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Day: September 19, 2020

Reliance Trading Co. Limited: Stock Market ended up mixed as major tech companies shares dropped

Nasdaq and S&P 500 dipped in today’s session after most of the shares from tech giants has declined. Another possible reason of the dropped is that investors are currently considering the possible outcome of the latest monetary policy decision from the Federal Reserve. According to Federal Reserve Chairman, Jerome Powell, the U.S. central bank kept interest rates near zero which might stay until 2023. He said in a statement, “We expect to maintain an accommodative stance of monetary policy until these outcomes, including maximum employment, are achieved.” Shares of Apple and Microsoft both declined around 2.9% and 1.8%, respectively. Netflix fell short about 2.5% andAlphabet depreciated 1.5%. Facebook is down by 3.3%, while Amazon ended up 2.5% lower. Here are the main movements in the Global Stock Market this Wednesday; Stocks –...

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Inscape Announces 2020 Annual and Special Meeting Voting Results

HOLLAND LANDING, Ontario, Sept. 18, 2020 (GLOBE NEWSWIRE) — Inscape Corporation (TSX:INQ) (“Inscape” or the “Company”) is pleased to announce the voting results for the election of its board of directors, which took place at the Company’s 2020 annual and special meeting of shareholders held on September 17, 2020 (the “Meeting”).The total number of votes represented at the Meeting was 41,894,326, being 94.16% of the total 44,493,630 votes attached to the Class A Multiple Voting Shares and Class B Subordinated Voting Shares of the Company.With the exception of Dr. Richard Hossack, the nominees listed in the management proxy circular of the Company dated July 29, 2020 (the “Circular”) were elected as directors of Inscape at the Meeting until the next annual meeting of shareholders unless their office is terminated earlier or their...

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