Procter & Gamble Co on Thursday posted quarterly sales that missed analysts’ expectations for the first time in five quarters, hurt by weakness in baby and feminine care products such as Pampers diapers and Tampax tampons.
Yahoo Finance’s Editor in Chief Andy Serwer and Alexis Christoforous speak with Anthony Scaramucci, Skybridge Capital Founder, live at the World Economic Forum in Davos, Switzerland. …read more […]
Healthy travel demand should continue to cushion results for American Airlines Group Inc and Southwest Airlines Co , the two said on Thursday, even as the prolonged Boeing 737 MAX grounding continues to hit costs and profits.
Xerox Holdings Corp said on Thursday it plans to nominate 11 independent candidates to HP Inc’s board, setting the stage for a proxy fight after the personal computer maker rebuffed its $33.5 billion takeover offer.
U.S. stocks opened lower on Thursday on rising worries over the coronavirus outbreak in China that prompted a lockdown of two cities in the country, while a mixed bag of results added to the dour sentiment.
Headlines moving the stock market in real time. …read more […]
When investment bank Oppenheimer talks, investors listen — or they should.One of the 10 top performing research firms tracked by TipRanks, 61% of Oppenheimer’s stock picks have “worked” historically, producing positive returns for investors. In fact, on average, these picks have generated positive returns approaching 12%, and well ahead of the stock market’s long term 10% average returns.And spread across a field of nearly 11,000 stock picks over more than a decade, that’s no fluke.So when Oppenheimer announced on Wednesday that it’s taken a good hard look at the healthcare industry, and come up with two stocks it’s confident it …read more […]
Wall Street was set to open lower on Thursday on rising worries over the coronavirus outbreak in China that prompted a lockdown of two cities in the country, while a mixed bag of results added to the dour sentiment.
British supermarket group Morrisons plans to cut 3,000 management jobs as part of a workforce restructuring that will create 7,000 frontline jobs in its stores, it said on Thursday.
Tesla Inc has overtaken Germany’s Volkswagen as the world’s second most valuable carmaker behind Japan’s Toyota , as the meteoric rise in the U.S. electric vehicle maker’s shares reshuffles the global market.
Tesla’s stock has more than doubled in value in the last three months, with its market capitalization piercing $100 billion on Wednesday, a first for a listed U.S. automaker. During the rally, its value has leapfrogged more established global rivals: Honda , BMW , General Motors and Daimler . On Wednesday, it eclipsed VW’s $99.4 billion value. …read more […]
Southwest Airlines Co said on Thursday that the Boeing 737 MAX grounding will continue weighing on its profits in the first quarter and warned that it will likely extend flight cancellations beyond June as the jets look set to remain parked longer than expected.
Three separate research teams are to start work on developing potential vaccines against the new coronavirus that is causing a disease epidemic in China, a global coalition set up to fight diseases said on Thursday. The Coalition for Epidemic Preparedness Innovations (CEPI), which is co-funding the emergency projects, said the plan was to have at least one potential vaccine in clinical trials by June. The research will be conducted by the drug and vaccine developer, Moderna, working with the U.S. National Institute of Allergy and Infectious Diseases, the U.S. firm Inovio Pharma, and a team at the University …read more […]
Waymo, the self-driving unit of Alphabet Inc , said on Thursday it will start testing autonomous trucks and vans in Texas and New Mexico this week.
The drab exteriors of a pair of 1970s buildings in an industrial Warsaw neighborhood belie the hive of high-tech activity inside where developers, screenplay writers and others at leading video game maker CD Projekt hustle to create the next global hit.
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