– The razor and personal-care products maker beat estimates by 16 cents a share, with adjusted quarterly profit of $1.11 per share. Revenue fell short of Street forecasts, however. The company also announced that after considering strategic alternatives, it has decided to retain its feminine care products unit, and said it still sees completing its acquisition of razor maker Harry's no later than the first quarter of 2020.– The drugmaker reported adjusted quarterly profit of $2.
Separately, Mallinckrodt suspended the plan spin-off of its specialty generics unit due to market conditions.– The fertilizer producer earned an adjusted 12 cents per share for its latest quarter, well short of the 29 cents a share consensus estimate. Revenue also missed forecasts, with Mosaic saying unprecedented wet weather in the U.S. Midwest hurt spring fertilizer sales. Mosaic also cut its full-year forecast.
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Stocks Close Sharply Lower as Yuan Reels and Trump Jabs at ChinaStocks were pummeled by selling, pushing indexes from New York to Shanghai lower, as the yuan slid and fresh trade threats between Beijing and Washington raised fears of an economic slowdown. Wow a whole 7 months ago. Fear mongering again. Can almost taste the sweet victory with winning the trade war. Can't you? Since...last December. Gee, all the way back then huh?
Source: WSJ - 🏆 98. / 63 Read more »
Stocks plunge on Wall Street as US-China trade war escalatesNEW YORK (AP) — Stocks are plunging on Wall Street Monday on worries about how much President Donald Trump's escalating trade war with China will damage the economy. Major U.S. indexes are headed... Thanks Obama! Trade wars are good and easy to win Trump better watch his moves. The economy is the one thing that may save him next year. If that goes in the tank, he’s toast.
Source: AP - 🏆 728. / 51 Read more »
US stocks post worst day of the year after China devalues its currencyThe Dow dropped 767 points after China devalued its currency in an escalation of the trade war with the US. It fell as many as 961 points Monday. Trump is manipulating the market again. Wish we could see his tax returns, and see how much stock he sold yesterday. Only an idiot would not expect China to fight back Feel like winning yet? normal for the stock market to fluctuate; up and down. stop the hysteria. constantly going up isn't normal or healthy. all rights reserved
Source: cnnbrk - 🏆 393. / 55 Read more »
U.S. stocks drop most since DecemberU.S. stocks fell the most since December on Monday after China allowed its curre... btc US stocks est une gigantesque arnaque qui se joue entre Trader Banque Bulle Tout est prémédité truqué !! Hate to say I told you so, but... RT reuters: U.S. stocks drop most since December
Source: Reuters - 🏆 2. / 97 Read more »
It's not just the trade war – these global fears could put stocks through the wringerThe U.S.-China trade war is spooking Wall Street, but Phil Orlando of Federated Investors says that's not the only hurdle ahead. I’m just asking for one more week of wringer please What Global Fears? The EU still has its head in the sand. If they loosen Monetary Policy, the bogyman will stay the closet. Peace at any price, pays no dividend. Buy TVIX as a hedge on the down.....
Source: CNBC - 🏆 12. / 72 Read more »
Stocks, Yuan Drop Sharply as Trade Spat IntensifiesStocks across Asia fell and the Chinese yuan depreciated to a new low in offshore trading, following an escalation in the U.S.-China trade dispute and widespread protests in Hong Kong. transportation declines in US that means economy down, but official figures shows growth. why you don't care this? why you still talking about Yuan? Thangs is abouts to get good! ...aaand whens tha'goin' gets good, tha'good gets goin'. Stay tuned, folks. 💰 Entertainment money sunny days around the bend 🌅 ASX follows with 1.7% decline.
Source: WSJ - 🏆 98. / 63 Read more »