Business

Synchrony Financial Notches Another Solid Quarter

Posted: October 19, 2018 at 11:15 am

When Synchrony Financial (NYSE: SYF) reported its third-quarter financial results before the markets opened on Friday, the company said that it had $0.91 in earnings per share (EPS) and $4.69 ...
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Why Clovis Oncology Faces Some Difficulty With Its Midstage Cancer Study

Posted: October 19, 2018 at 10:10 am

Clovis Oncology Inc. (NASDAQ: CLVS) shares dropped on Friday after the company announced initial data from its Phase 2 TRITON2 clinical trial of Rubraca at the ESMO 2018 Congress of ...
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Ford’s Plan to Turn Itself Around

Posted: October 19, 2018 at 9:50 am

With its share price at a 52-week low and U.S. sales down 2.1% year over year for the first nine months of the year, Ford Motor Co. (NYSE: F) needs ...
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Why Merrimack Pharma Is Terminating Its Midstage Lung Cancer Study

Posted: October 19, 2018 at 9:15 am

Merrimack Pharmaceuticals Inc. (NASDAQ: MACK) shares dropped early on Friday after the company announced that it would be terminating its mid-stage SHERLOC study in patients with non-small cell lung cancer. ...
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Is This the Turnaround Procter & Gamble Has Waited For?

Posted: October 19, 2018 at 8:35 am

Procter & Gamble Co. (NYSE: PG) released its fiscal first-quarter financial results before the markets opened on Friday. The company said that it had $1.12 in earnings per share (EPS) ...
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Schlumberger’s Q3 Earnings Cleared a Low Bar

Posted: October 19, 2018 at 8:15 am

Schlumberger Ltd. (NYSE: SLB) reported third-quarter 2018 results before markets opened on Friday. The oil field services firm reported adjusted diluted earnings per share (EPS) of $0.46 on revenues of ...
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Record US Oil Exports Could Go Higher: 3 Dividend Energy Stocks to Buy Now

Posted: October 19, 2018 at 7:10 am

This year, exports from the United States of oil hit an incredible 2.2 million barrels per day. That is a remarkable number when you consider that a 40-year ban in ...
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Elizabeth Warren Wants Head of Wells Fargo Fired

Posted: October 19, 2018 at 7:00 am

Senator Elizabeth Warren pressed the extent of the power of her office as she insisted that the CEO of Wells Fargo & Co. (NYSE: WFC) be fired. Some of the ...
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4 Major Sports Could Get $4.2 Billion From Gambling

Posted: October 19, 2018 at 6:35 am

Legalized gambling will cause a huge financial windfall for the four major U.S. sports leagues: the NFL, MLB, NHL and NBA. A new report from Nielsen Sports puts the figure ...
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6 Most Important Things in Business Today: China GDP Slows, New Tesla

Posted: October 19, 2018 at 4:59 am

Gross domestic product growth in China slowed. According to Reuters: China’s economic growth cooled to its weakest quarterly pace since the global financial crisis, with regulators moving quickly to calm ...
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PayPal Slides By in Q3

Posted: October 18, 2018 at 4:30 pm

PayPal Holdings, Inc. (NASDAQ: PYPL) reported its most recent quarterly results after the markets closed on Thursday. The company posted $0.58 in earnings per share (EPS) and $3.68 billion in ...
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Should Amex Get More Credit For Its Q3 Report?

Posted: October 18, 2018 at 4:19 pm

American Express Co. (NYSE: AXP) released third quarter financial results after markets closed Thursday. The company reported $1.88 in earnings per share (EPS) on $10.14 billion in revenue versus consensus ...
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LogicBio Therapeutics Announces Potential Pricing for IPO

Posted: October 18, 2018 at 1:40 pm

LogicBio Therapeutics has registered an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). The company expects to price its 5.77 million ...
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What to Expect When Procter & Gamble Reports Friday Morning

Posted: October 18, 2018 at 1:00 pm

Procter & Gamble Co. (NYSE: PG) is set to report its fiscal first-quarter financial results before the markets open on Friday. Thomson Reuters consensus estimates are calling for $1.09 in ...
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Should Facebook Restructure Its Board?

Posted: October 18, 2018 at 12:30 pm

Facebook Inc. (NASDAQ: FB) is under attack by activist investors yet again, but this time they are looking to change up the social media giant’s governance structure. While in the ...
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