Bloomberg Bulls Unshaken as Profit Duds Rattle U.S. Stocks in Winding WeekBloombergA gloomy beginning to earnings season sent U.S. stocks to a second week of losses. A trio of Wall Street's biggest bulls say don't worry. It was a week of twists as the S&P 500 Index alternated between gains and losses, a rarity during […]
Wall Street Journal Salesforce Won't Pursue Bid for TwitterWall Street JournalTwitter Inc. TWTR -5.12 % was left at the altar on Friday after Salesforce. CRM 5.15 % com Inc. walked away from pursuing a combination, all but extinguishing hopes for a near-term sale of the social-media company as it struggles to accelerate revenue …Salesforce Rules Out […]
Wall Street Journal Hershey CEO JP Bilbrey to Step DownWall Street JournalHershey Co. HSY 0.82 % Chief Executive J.P. Bilbrey announced plans Friday to step down, following months of failed negotiations to sell the company to Mondelez International Inc., MDLZ 0.43 % making him the third person to leave the candy maker's top …UPDATE 1-Hershey CEO […]
Economic Times Strong markets revenue boosts Citi's Q3; shares +1.5%Seeking AlphaQ3 net income of $3.8B or $1.24 per share vs. $4.3B and $1.35 a year ago. Revenue of $17.8B fell from $18.7B. Excluding CVA/DVA, revenue fell 4% Y/Y and EPS fell 5%. Global Consumer Banking revenue of $8.227B up 1% Y/Y. Expenses of $4.44B up […]
BBC News Unilever Sales Beat Estimates Fueled by Summer Ice-Cream DemandBloombergUnilever reported third-quarter sales growth that beat estimates thanks to increased demand for its Magnum and Ben & Jerry's ice creams in the U.S. and Europe during the summer months. Underlying revenue rose 3.2 percent, London- and Rotterdam-based …Business Live: Tesco vs Unilever latestBBC NewsUnilver Raises […]
U.S. News & World Report Wells Fargo CEO is out as bank grapples with sales scandalU.S. News & World ReportFILE – In this Tuesday, Sept. 20, 2016, file photo, Wells Fargo CEO John Stumpf testifies on Capitol Hill in Washington, before the Senate Banking Committee. Wells Fargo's embattled CEO Stumpf is out effective immediately, with […]
Albany Times Union Tips of the trade: How to find gold in streams and riversAlbany Times UnionIn this Sunday, Sept. 4, 2016, photo, Chris Hall shows off a vile of gold he's mined from the Wild Ammonoosuc River in Bath, N.H. A new generation of gold miners is giving prospecting a try, especially in New […]
Wall Street Journal China's Trade Struggles Add to Worries Over Economic OutlookWall Street JournalBEIJING—Chinese exports fell more steeply than expected last month, highlighting the persistent weakness in global demand that is weighing on the world's second-largest economy. September's 10% year-over-year drop marks the sixth consecutive monthly …China September exports fall more than expected, imports back in […]
Roanoke Times Valley View Mall will take a Thanksgiving Day holidayRoanoke TimesValley View Mall owner CBL & Associates Properties Inc. of Chattanooga, Tennessee, said Wednesday that it would close most of its shopping centers on Thanksgiving Day and open at 6 a.m. on Black Friday.Hamilton Place, Northgate malls to close Thanksgiving DayChattanooga Times Free PressMajor […]
Wall Street Journal Hanjin Shipping's Asia-US Route Assets to Be Put on SaleWall Street JournalSEOUL—The South Korean bankruptcy court handling Hanjin Shipping Co. 117930 23.72 % 's insolvency proceedings said Thursday it plans to dispose of the firm's sales and marketing network for its Asia-U.S. route, in an effort to raise funds and help …Hanjin Shipping's […]