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- US futures fall on tech selloff as concerns about hawkish Fed, AI spending mount
- SpaceX extends losses after $600 billion wipeout, tech stocks slide again
- Oil steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Stifel Reiterates Hold Rating on Procter & Gamble (PG)
January 24, 2020 8:00 AM ESTStifel analyst Mark Astrachan reiterated a Hold rating and $119.00 price target on Procter & Gamble (NYSE: PG) following the company's 2Q earnings report. P&G grew organic sales by 5%, comprised of 3% volume growth, 1% mix, and 1% price. P&G reported solid organic growth in its two... More
Procter & Gamble (PG) Tops Q2 EPS by 5c, Revenues Miss; Raises FY20 Sales Growth & EPS Growth Outlook
January 23, 2020 7:02 AM ESTProcter & Gamble (NYSE: PG) reported Q2 EPS of $1.42, $0.05 better than the analyst estimate of $1.37. Revenue for the quarter came in at $18.2 billion versus the consensus estimate of $18.37 billion.
We delivered another strong quarter of organic sales growth, core earnings per share and cash returned to shareowners, said David Taylor, Chairman, President and Chief Executive Officer. Our strong first half results enable us to further increase our outlook for the full fiscal year across each of these metrics and to increase our commitment of cash return to shareowners. Our focus... More
Near-Term Call Buying Activity in Procter & Gamble (PG) Targets 'Upside Bias' in Shares Ahead on Earnings Tomorrow -Susquehanna
January 22, 2020 1:47 PM ESTSusquehanna options strategist Alison Edwards notes call buying activity in Procter & Gamble (NYSE: PG), as an investor bought 4k of next weeks Jan31 127 Calls for up to $1.49, implying an upside bias ahead of next Fridays expiration (1/31/20). PG reports tomorrow, while other key... More
