Procter & Gamble (PG) PT Lowered to $100 at Deutsche Bank; 'Disappointing Performance in Baby Care Globally'
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Procter & Gamble (PG) Tops Q2 EPS by 5c
January 23, 2018 7:01 AM ESTProcter & Gamble (NYSE: PG) reported Q2 EPS of $1.19, $0.05 better than the analyst estimate of $1.14. Revenue for the quarter came in at $17.4 billion versus the consensus estimate of $17.39 billion.
P&G said it is maintaining its guidance for organic sales growth in the... More
Upbeat earnings underpin global stocks, dollar eases to three-year low
January 22, 2018 8:05 PM ESTBy Caroline Valetkevitch
NEW YORK (Reuters) - World stock markets rose on Tuesday, with the S&P 500 getting a lift from upbeat earnings from companies such as Netflix, while the U.S. dollar slipped to a three-year low against a basket of major currencies.
In U.S. stocks, Netflix (NASDAQ: NFLX) closed up 10.0 percent and hit a record high after the video-streaming pioneer beat Wall Street targets for new subscribers in the fourth quarter.
Insurer Travelers (NYSE: TRV) also rose after earnings topped estimates. The... More
Top USA Gymnastics board members bow to resignation demands
January 22, 2018 1:17 PM EST(This January 22 story corrects first name of USA Gymnastics CEO to Kerry from Katy in paragraph seven)
By Keith Coffman
(Reuters) - Three USA Gymnastics board members resigned on Monday, bowing to demands for a shake-up at the sport's governing body after revelations that the long-time national team doctor sexually abused dozens of female athletes, some as young as 10 years old.
The resignations came during the fifth day of stinging testimony by some of the sport's biggest stars at an extended pre-sentencing hearing for the doctor, Larry Nassar, who pleaded guilty in November to 10 counts of molesting female... More
