Intel Corp raised its full-year revenue forecast on Thursday and beat Wall Street estimates for third-quarter revenue and profit, easing concerns about a long-drawn demand slowdown fueled by the U.S.-China trade war.
Pharmacy retailer CVS Health Corp said on Thursday it is pulling all 22 ounce bottles of Johnson & Johnson’s baby powder from its stores and online to comply with the U.S. healthcare conglomerate’s recall last week of a lot of 22 oz bottles due to possible asbestos contamination.
Visa Inc reported a 6.3% rise in fourth-quarter profit on Thursday, helped by growth in overall customer spending, which boosted fees for the world’s largest payment processor.
Amazon.com Inc forecast fourth-quarter revenue well below analysts’ estimates on Thursday as the world’s biggest online retailer faces fierce competition from Walmart as well as other online retailers, sending its shares down 8%.
American Airlines Group and Spirit Airlines executives said on Thursday they were working with Airbus SE to mitigate the impact of U.S. tariffs on European-made aircraft, including having more planes delivered from Mobile, Alabama.
Conventional wisdom suggests that the late Southwest Airlines founder Herb Kelleher, who conceived the carrier’s all-Boeing 737 strategy, would have never considered adding another aircraft type. But Kelleher, one of America’s most shrewd airline executives, never issued such an edict. “[People] ask, ‘What would Herb do?'” current CEO Gary Kelly said Thursday on the airline’s […] …read more […]
Pharmacy retailer CVS Health Corp said on Thursday it is pulling out 22 ounce bottles of Johnson & Johnson’s baby powder from its stores and online as a precautionary measure.
We are still in an overall bull market and many stocks that smart money investors were piling into surged through October 17th. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 45% and 39% respectively. Hedge funds’ top 3 stock picks returned 34.4% this year and beat the S&P […] …read more […]
A look at the shareholders of The Wendy’s Company (NASDAQ:WEN) can tell us which group is most powerful. Large… …read more […]
Today we’ll do a simple run through of a valuation method used to estimate the attractiveness of Fortis Inc. (TSE:FTS… …read more […]
Pharmacy retailer CVS Health Corp said on Thursday it is pulling out 22 ounce bottles of Johnson & Johnson’s baby powder from its stores and online as a precautionary measure. “We also initiated a ‘Do Not Sell’ register prompt in our stores to prevent the sale of this item during the product removal process,” CVS said. J&J, which is facing thousands of lawsuits over a variety of products, said last week it was recalling around 33,000 bottles of baby powder in the United States after U.S. health regulators found trace amounts of asbestos in samples taken from a …read more […]
Crude oil flows on two pipelines from the Permian Basin to the Houston area have slowed this month as differentials narrowed and volumes to another U.S. Gulf Coast hub ramped up, according to traders and data from market intelligence firm Genscape. Cheap tariffs on EPIC Midstream and Plains All American Pipeline’s lines from the Permian to Corpus Christi, Texas, are helping pull volumes from Houston. Plains’ Cactus II line, which opened in August, has increased its flows almost one-third over September, Genscape reported. …read more […]
American Airlines Group Inc and Southwest Airlines Co posted quarterly profit increases on Thursday thanks to strong U.S. travel demand even as the two carriers pointed to a rising cost impact from the continued grounding of the Boeing 737 MAX.
Pharmacy retailer CVS Health Corp said on Thursday it is pulling out 22 ounce bottles of Johnson & Johnson’s baby powder from its stores as a precautionary measure.
American Airlines Group Inc and Southwest Airlines Co posted quarterly profit increases on Thursday thanks to strong U.S. travel demand even as the two carriers pointed to a rising cost impact from the continued grounding of the Boeing 737 MAX.
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