Stocks fell on Thursday, but ended with only slight declines after dropping more steeply early in the session. By the closing bell, the Dow Jones Industrial Average(DJINDICES:^DJI) and the S&P 500 (SNPINDEX:^GSPC) indexes had each shed less than 0.25%.
Shares of Procter & Gamble (PG) are soaring today after the consumer-staples giant reported better-than-expected earnings.
Procter & Gamble reported an adjusted profit of $1.08 a share, beating forecasts for $1.06, despite sales coming at at $16.86 billion, below forecasts for $16.94 billion. It also cited the strong dollar as a possible headwind.
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For the second week of October, we have four companies expected to go public on our upcoming IPOs calendar. These four companies could raise a combined $768 million, according to Renaissance Capital, a manager of IPO-focused ETFs.
Three of the upcoming IPOs this week are in the energy sector, and one is in the communication sector.
In terms of potential deal size, Extraction Oil....More>>>
One of the things about a free market economy and the corresponding stock market is that investors are free to overpay at any time. Sometimes you cannot stop massive over-payments with a Sherman tank. Group think takes over so that if enough investors over-pay, then the company must obviously be worth more. A game of musical chairs begins as the bull romps onward and upward. But the game gets out....More>>>
Price changed little in the morning ahead the BOE, but most likely we'll have some volatility later, after the UK and US data will be released. GBP/USD stays higher and continues to pressure an important dynamic resistance, we'll see if we'll have a bre
While some Americans worry that the economy and the stock market are just about to crash, both appear to be quite healthy. If we're looking at headline numbers, the stock market has never been higher, and unemployment is at a level that seemed unimaginabl
While U.S. equities overall remain rangebound, energy stocks are on the move on Wednesday with crude oil moving back above the $47-a-barrel level thanks to a surprise inventory draw, the largest since 2016. This comes despite a ramp up in U.S. production to the highest levels since August 20
Intel's (NASDAQ:INTC) stock has remained a dog for quite a long time despite the company's desperate efforts aimed at not missing the boat popularly called the "next chip wave." After missing the opportunities in the cellphone revolution, the company has left no stone unturned to capture the