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Fortune
Rio Tinto and PepsiCo Earnings—5 Things to Know for the Day AheadHello friends and Fortune readers. Wall Street stock futures are taking a hit
Rio Tinto and PepsiCo Earnings—5 Things to Know for the Day Ahead
Fortune / Posted 3 minutes ago
Hello friends and Fortune readers. Wall Street stock futures are taking a hit this morning, as investors dump U.S. dollars on worries that the Federal Reserve could find it hard to raise interest rates this year. Today’s must-read story is from... Read more
3m
Fortune
PepsiCo Announces a $7 Billion Dividend and Buyback PlanPepsiCo reported better-than-expected quarterly net revenue, as higher sales of
PepsiCo Announces a $7 Billion Dividend and Buyback Plan
Fortune / Posted 3 minutes ago
PepsiCo reported better-than-expected quarterly net revenue, as higher sales of snacks and beverages in North America helped reduce the impact of a strong dollar. The company increased its 2015 annual dividend to $3.01 per share from $2.81 per share... Read more
3m
Fortune
Time Inc Reports Better-Than-Expected Revenue but Misses on ProfitsMagazine publisher Time Inc reported stronger-than-expected quarterly revenue,
Time Inc Reports Better-Than-Expected Revenue but Misses on Profits
Fortune / Posted 3 minutes ago
Magazine publisher Time Inc reported stronger-than-expected quarterly revenue, helped by a slowdown in the decline in income from print advertising, and forecast revenue growth between 1% and 5% in 2016. Time time, whose titles include Sports... Read more
3m
Fortune
Investor sees China bank meltdownThe Year of the Monkey is off to a bad start, with the Hang Seng sinking 3.9% i
Investor sees China bank meltdown
Fortune / Posted 3 minutes ago
The Year of the Monkey is off to a bad start, with the Hang Seng sinking 3.9% in Hong Kong today. Investors are worried that China’s economic problems may be deeper than previously thought. Mainland markets remained closed for the holiday. Adding to... Read more
3m
USA Today
Need to slash student debt? Watch out for rip-offsWho would have thought you could run into a land mine of rip-offs just trying t
Need to slash student debt? Watch out for rip-offs
USA Today / Posted 3 minutes ago
Who would have thought you could run into a land mine of rip-offs just trying to find a way to slash a few bucks off your student loan payment each month? Borrower beware. It's bad enough that many college grads and others who took out student... Read more
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USA Today
Twitter at 10 still a work in progressJames Cakmak, a Monness, Crespi, Hardt & Co. analyst, Om Malik, a True Ventures
Twitter at 10 still a work in progress
USA Today / Posted 3 minutes ago
James Cakmak, a Monness, Crespi, Hardt & Co. analyst, Om Malik, a True Ventures partner, and Bloomberg's Cory Johnson examine Twitter's fourth-quarter earnings report. Bloomberg SAN FRANCISCO — Twitter's fourth-quarter results and first-quarter... Read more
4m
birminghammail
Call to boycott Cadbury chocolate this Easter over no tax furyThe Methodist Tax Justice Network is behind the campaign against Mondelez UK wh
Call to boycott Cadbury chocolate this Easter over no tax fury
birminghammail / Posted 4 minutes ago
The Methodist Tax Justice Network is behind the campaign against Mondelez UK which included a demonstration outside its chocolate manufacturing plant in Bournville yesterday to coincide with Ash Wednesday. The US firm hit the headlines recently... Read more
4m
Savannah Morning News
Fantasy sports companies defend embattled industryBOSTON — Daily fantasy sports companies say their industry remains viable despi
Fantasy sports companies defend embattled industry
Savannah Morning News / Posted 4 minutes ago
BOSTON — Daily fantasy sports companies say their industry remains viable despite a rocky start to 2016. The industry's top companies, DraftKings and FanDuel, are on the defensive after taking hits to their businesses in recent weeks as scrutiny by... Read more
7m
Manila Bulletin
ERC questions Meralco’s rate hike for February The Energy Regulatory Commission (ERC) ordered the Manila Electric Company (M
ERC questions Meralco’s rate hike for February
Manila Bulletin / Posted 7 minutes ago
The Energy Regulatory Commission (ERC) ordered the Manila Electric Company (Meralco) to explain the computation behind the 42 centavos per kilowatt-hour (kWh) rate hike this February. In its order... Read more
8m
Market Watch
Total CEO sees oil price rising at end of 2016LONDON--The oil price will likely be higher at the end of this year as an incre
Total CEO sees oil price rising at end of 2016
Market Watch / Posted 8 minutes ago
LONDON--The oil price will likely be higher at the end of this year as an increase in demand will reduce the current production over-capacity, Total SA's TOT, -1.16% Chief Executive Patrick Pouyanné said on Thursday. Oil demand's elasticity to price... Read more
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Market Watch
Pernod Ricard to reorganize N. American businessPARIS--French liquor group Pernod Ricard SA said Thursday it will reorganize it
Pernod Ricard to reorganize N. American business
Market Watch / Posted 8 minutes ago
PARIS--French liquor group Pernod Ricard SA said Thursday it will reorganize its North American business to focus on its core U.S. market, where demand for its Jameson whiskey brand is growing while sales of Absolut vodka remain in a slump. Pernod,... Read more
8m
Market Watch
Molson Coors profit falls in line with viewsMolson Coors Brewing Co. reported lower profit and revenue for its fourth quart
Molson Coors profit falls in line with views
Market Watch / Posted 8 minutes ago
Molson Coors Brewing Co. reported lower profit and revenue for its fourth quarter, hurt by lower earnings in its MillerCoors LLC venture and declining beer volumes. Molson Coors and its U.S. venture, MillerCoors LLC, have been hurt lately by the... Read more
8m
Market Watch
HSBC backtracks on pay freeze for 2016LONDON-- HSBC Holdings PLC backtracked from a decision to freeze pay this year
HSBC backtracks on pay freeze for 2016
Market Watch / Posted 8 minutes ago
LONDON-- HSBC Holdings PLC backtracked from a decision to freeze pay this year after employees pushed back to receive raises they had earned. Chief Executive Stuart Gulliver wrote to staff on Thursday to say the freeze announced two weeks ago was... Read more
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Market Watch
PepsiCo profit up 31% to top estimatesPepsiCo Inc. on Thursday said its profit in the final quarter of the year soare
PepsiCo profit up 31% to top estimates
Market Watch / Posted 8 minutes ago
PepsiCo Inc. on Thursday said its profit in the final quarter of the year soared 31%, handily beating Wall Street expectations, as it excluded results from its Venezuelan business. However, the snack-and-beverage giant guided for the current year... Read more
8m
Market Watch
SNB Chairman not ruling out further rate cutsZURICH---The Swiss central bank hasn't ruled out taking interest rates deeper i
SNB Chairman not ruling out further rate cuts
Market Watch / Posted 8 minutes ago
ZURICH---The Swiss central bank hasn't ruled out taking interest rates deeper into negative territory amid fears renewed economic turmoil in the eurozone could drive the Swiss franc sharply higher, its chairman is reported as saying. "We have... Read more
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Market Watch
Avon Products reports wider-than-expected loss as sales missAvon Products Inc. AVP, -5.25% reported on Thursday a fourth-quarter loss that
Avon Products reports wider-than-expected loss as sales miss
Market Watch / Posted 8 minutes ago
Avon Products Inc. AVP, -5.25% reported on Thursday a fourth-quarter loss that widened to $333.4 million, or 76 cents a share, from $330.7 million, or 75 cents a share, in the same period a year ago. Excluding non-recurring items, such as... Read more
2 related stories
8m
Market Watch
Just one thing can cushion investors when stock market hits bottomFederal Reserve Chairwoman Janet Yellen had a tall order going into her Capitol
Just one thing can cushion investors when stock market hits bottom
Market Watch / Posted 8 minutes ago
Federal Reserve Chairwoman Janet Yellen had a tall order going into her Capitol Hill testimony — give investors something to smile about. In the harsh daylight, she appears to have bitterly disappointed them, as she failed to release enough... Read more
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Market Watch
Gold jumps to 1-year high as global market rout spurs safe-haven buyingGold prices surged on Thursday as investors tried to escape the global market r
Gold jumps to 1-year high as global market rout spurs safe-haven buying
Market Watch / Posted 8 minutes ago
Gold prices surged on Thursday as investors tried to escape the global market rout by hiding in safe-haven assets. “Gold’s sudden waking from its slumber has caught many people by surprise, myself included,” said Fawad Razaqzada at FOREX.com, in a... Read more
3 related stories
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Market Watch
LendingClub shares jump 7% after earnings beat, news of share buybackLendingClub shares LC, -0.91% surged 7% in premarket trade Thursday, after the
LendingClub shares jump 7% after earnings beat, news of share buyback
Market Watch / Posted 8 minutes ago
LendingClub shares LC, -0.91% surged 7% in premarket trade Thursday, after the company beat profit and revenue estimates and announced plans to buy back up to $150 million of its own shares. The online lender, which went public in December 2014, said... Read more
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Market Watch
Proteostatis's IPO prices well below expected range, but sells more sharesProteostasis Therapeutics Inc. PTI, +0.00% said Thursday its initial public off
Proteostatis's IPO prices well below expected range, but sells more shares
Market Watch / Posted 8 minutes ago
Proteostasis Therapeutics Inc. PTI, +0.00% said Thursday its initial public offering of 6.25 million shares priced at $8 a share, well below the expected per-share range of $12 to $14. The amount of shares the biopharmaceutical company sold was above... Read more
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The Star
Spain's acting PM could ask EU for deficit target flexibilityMADRID (Reuters) - Spain's acting Prime Minister Mariano Rajoy said on Thursday
Spain's acting PM could ask EU for deficit target flexibility
The Star / Posted 8 minutes ago
MADRID (Reuters) - Spain's acting Prime Minister Mariano Rajoy said on Thursday he was open to asking the European Commission for some flexibility on the country's public deficit target, straying from his usual insistence in meeting the EU-agreed... Read more
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The Star
Maxwell Int’l management urged to do investigative auditKUALA LUMPUR: Sports shoe manufacturer Maxwell International Holdings Bhd’s man
Maxwell Int’l management urged to do investigative audit
The Star / Posted 8 minutes ago
KUALA LUMPUR: Sports shoe manufacturer Maxwell International Holdings Bhd’s management has been urged to undertake an investigative audit on the issues relating to the 2015 financial year audit that were raised by external auditors Baker Tilly... Read more
9m
Salon.com
Gold hits year-high as investors look for safetyLONDON (AP) — The latest on the turmoil afflicting global financial markets (al
Gold hits year-high as investors look for safety
Salon.com / Posted 9 minutes ago
LONDON (AP) — The latest on the turmoil afflicting global financial markets (all times local): 12:10 p.m. Investors turn to gold as a safe store of value in times of market stress. On Thursday, the precious metal’s price rose to its highest in a... Read more
8 related stories
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Salon.com
PepsiCo meets 4Q profit forecastsPURCHASE, N.Y. (AP) — PepsiCo Inc. (PEP) on Thursday reported fourth-quarter ea
PepsiCo meets 4Q profit forecasts
Salon.com / Posted 9 minutes ago
PURCHASE, N.Y. (AP) — PepsiCo Inc. (PEP) on Thursday reported fourth-quarter earnings of $1.72 billion. On a per-share basis, the Purchase, New York-based company said it had net income of $1.17. Earnings, adjusted for one-time gains and costs, came... Read more
56 related stories
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The Financial Express
Sensex returns to UPA regime levels, sees 8th biggest single day fall of 807 pointsReturning to the UPA regime levels, the market benchmark Sensex on Thursday saw
Sensex returns to UPA regime levels, sees 8th biggest single day fall of 807 points
The Financial Express / Posted 10 minutes ago
Returning to the UPA regime levels, the market benchmark Sensex on Thursday saw its 8th biggest single-day fall of 807 points as panic gripped the domestic bourses amid growing global economic slowdown fears. Following Thursday’s fall, the Sensex... Read more
27 related stories
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The Financial Express
Australia emerges as a preferred summer holiday destination for IndiansIndia has emerged as the eighth largest inbound market for the destination. A r
Australia emerges as a preferred summer holiday destination for Indians
The Financial Express / Posted 10 minutes ago
India has emerged as the eighth largest inbound market for the destination. A recent consumer demand project conducted by Tourism Australia, and the forward booking trend seen by leading travel agents in the market, has revealed Australia to be the... Read more
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The Financial Express
Top 10 stocks that trended in today’s trade: Tata Motors, GMR Infra, SBI and moreTata Motors shares closed 5.55 per cent down at Rs 275.65 after the company rep
Top 10 stocks that trended in today’s trade: Tata Motors, GMR Infra, SBI and more
The Financial Express / Posted 10 minutes ago
Tata Motors shares closed 5.55 per cent down at Rs 275.65 after the company reported 2 per cent decline in consolidated net profit to Rs 3,507.54 crore in the third quarter ended December 31, 2015-16. (Photo: Reuters) The BSE Sensex and NSE Nifty... Read more
53 related stories
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The Financial Express
Market mayhem today: 10 biggest single-day fall for SensexThe 30-share index closed 3.40 per cent down at 22,951.83. NSE Nifty also slid
Market mayhem today: 10 biggest single-day fall for Sensex
The Financial Express / Posted 10 minutes ago
The 30-share index closed 3.40 per cent down at 22,951.83. NSE Nifty also slid below psychological level of 7,000 and closed 239.35 points down at 6,976.35. ( Express photo) In a bloody carnage on Dalal Street, Sensex slumped 807 points on Thursday,... Read more
27 related stories
10m
Daily Mirror
Man United record HUGE commercial revenue growth despite on-pitch strugglesUnited's commercial revenues of £66.1 million up 42.5 per cent for the quarter
Man United record HUGE commercial revenue growth despite on-pitch struggles
Daily Mirror / Posted 10 minutes ago
United's commercial revenues of £66.1 million up 42.5 per cent for the quarter - primarily due to the commencement of the kit deal with Adidas in August - while broadcasting revenues of £37.3 million up 31.3 per cent. The Red Devils expect the... Read more
11m
NBC Chicago
29 School Districts Get Help Financing Building ProjectsThe Illinois State Board of Education has approved 29 school districts for low-
29 School Districts Get Help Financing Building Projects
NBC Chicago / Posted 11 minutes ago
The Illinois State Board of Education has approved 29 school districts for low-interest and zero-interest bonds to pay for the construction and remodeling of schools. The districts will be able to borrow, in total, $495 million through the Qualified... Read more
4 related stories
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