Investors may be wise to pump the brakes on the Nasdaq as we head into big tech earnings, according to one technician. The Nasdaq 100 ETF, QQQ, posted its worst session in nearly a month on Thursday, as its top components — Apple, Facebook, Amazon and Alphabet — all fell […]
FAN Editor
P&G’s profit beats Wall Street on higher sales of beauty, home care
Consumer goods giant Procter & Gamble Co (PG), which recently declared victory in an historic proxy fight with activist investor Nelson Peltz, reported a better-than-expected quarterly profit on Friday but sales slightly missed Wall Street estimates. Continue Reading Below The company, which houses more than 60 brands, saw higher sales […]
P&G’s profit rises on higher sales of home care products
FILE PHOTO: A display of Pampers diapers are seen on sale in Denver February 16, 2017. REUTERS/Rick Wilking/File Photo October 20, 2017 (Reuters) – Consumer goods giant Procter & Gamble Co <PG.N> on Friday reported a five percent rise in quarterly profit, as it saw higher sales of fabric softeners […]
Iraqi forces complete takeover of Kirkuk province after clashing with Kurds
October 20, 2017 BAGHDAD/KIRKUK, Iraq (Reuters) – Iraqi forces took control on Friday of the last district in the oil-rich province of Kirkuk still in the hands of Kurdish Peshmerga fighters following a three-hour battle, security sources said. The district of Altun Kupri, or Perde in Kurdish, lies on the […]
No trade talks but May wins gesture, warm words at EU summit
European Commission President Jean-Claude Juncker, British Prime Minister Theresa May and Malta’s Prime Minister Joseph Muscat take part in an EU summit in Brussels, Belgium, October 20, 2017. REUTERS/Virginia Mayo/Pool October 20, 2017 By Noah Barkin and Elizabeth Piper BRUSSELS (Reuters) – EU leaders shunned Theresa May’s summit plea to […]
Homeless veteran rushes to save victim after life-threatening car crash
Travis Wilson was simply signing up for housing when the homeless veteran heard a boom nearby and rushed to the aid of a bloodied victim in a serious car accident. Wilson, who told ABC affiliate WPLG he is a former Navy corpsman, was first on the scene at the accident […]
Wall Street expects Powell but still wants Yellen as next Fed chair
Wall Street overwhelmingly believes President Donald Trump will pick Federal Reserve Governor Jay Powell to be the next Fed chair, but it wants him to reappoint the current chair, Janet Yellen. The CNBC Fed Survey found 45 percent believing the president will choose Powell in what has become a much […]
Hurricanes, earthquakes estimated to cost industry $95B
Swiss Re, one of the world’s biggest reinsurers, estimates that Hurricanes Harvey, Irma and Maria, plus two recent earthquakes in Mexico will cost the industry about $95 billion. The Zurich-based company, which as a reinsurer provides backup policies to companies that write primary insurance policies, says the claims process is […]
China Southern to buy 38 Boeing jets worth $5.65b
China Southern Airlines has signed a deal to buy 38 aircraft from U.S. planemaker Boeing Co with a combined price tag of $5.65 billion, the Chinese carrier said on Friday. Continue Reading Below China’s largest airline by passenger numbers has agreed to buy 8 B777-300ER wide body jets and 30 […]
US: Laptops in checked bags pose fire, explosion risk
The U.S. government is urging the world airline community to ban large, personal electronic devices like laptops from checked luggage because of the potential for a catastrophic fire. The Federal Aviation Administration said in a paper filed recently with a U.N. agency that its tests show that when a laptop’s […]