|Bid||123.10 x 800|
|Ask||0.00 x 800|
|Day's Range||121.84 - 123.73|
|52 Week Range||86.74 - 125.36|
|Beta (3Y Monthly)||0.35|
|PE Ratio (TTM)||77.50|
|Earnings Date||Jan 21, 2020 - Jan 27, 2020|
|Forward Dividend & Yield||2.98 (2.51%)|
|1y Target Est||125.59|
Six months before it's even slated to launch, Quibi has sold out the entire $150 million advertising inventory for its first year. The launch partners for Jeffrey Katzenberg's mobile-first platform include Discover (NYSE: DFS), General Mills (NYSE: GIS), Taco Bell (NYSE: YUM) and T-Mobile joining previously announced advertisers Anheuser-Busch (NYSE: BUD), Google (NASDAQ: OOG), PepsiCo (NASDAQ: PEP), Progressive (NYSE: PGR), Procter & Gamble (NYSE: PG) and Walmart (NYSE: WMT).
Procter & Gamble is partnering with seven National Football League players who are hands-on dads as part of an advertising campaign.
Procter & Gamble Co. intends to again stage a pitch contest at the annual International Consumer Electronics Show in Las Vegas to spotlight innovative technologies or early stage products.
DOW UPDATE Powered by positive momentum for shares of Boeing and Procter & Gamble, the Dow Jones Industrial Average is up Wednesday morning. Shares of Boeing (BA) and Procter & Gamble (PG) are contributing to the index's intraday rally, as the Dow (DJIA) was most recently trading 67 points (0.
It was a mixed bag for the four members of the Dow Jones Industrial Average that reported third-quarter earnings on Tuesday, as disappointing numbers from McDonald’s Corp. and Travelers Cos. weighed against beats from United Technologies Co. and Procter & Gamble.
Quibi, short for “quick bites,” is scheduled to launch in April with shows and films from A-list directors such as Steven Spielberg and Guillermo del Toro sliced into increments shorter than 10 minutes that are meant to be viewed on smartphones.
Earlier on Tuesday, the S&P 500 and the Dow Jones Industrial Average had risen modestly as upbeat forecasts from Procter & Gamble Co and United Technologies Corp offset lower-than-expected results from McDonald's Corp and Travelers Cos Inc. With Tuesday's losses the S&P 500 fell below 3000, but remained within 1% of its record closing high in July. The Dow Jones Industrial Average fell 39.54 points, or 0.15%, to 26,788.1, the S&P 500 lost 10.73 points, or 0.36%, to 2,995.99 and the Nasdaq Composite dropped 58.69 points, or 0.72%, to 8,104.30.
The benchmark S&P 500 index gave up modest gains on Tuesday from earlier in the session after British lawmakers rejected the government's proposed timetable for passing legislation to ratify its deal to exit the European Union. Procter & Gamble shares rose gained 2.8% and United Technologies advanced 2.4%, while McDonald's shares fell 4.6% and Travelers shares declined 8.4%. Of the 98 S&P 500 companies that have reported results so far, more than 80% of them have beaten Wall Street estimates, according to data from Refinitiv.
(Bloomberg) -- Crude oil held onto gains after an industry report showed exopanding U.S. inventories as OPEC and allied oil producers mull deepening supply cuts.Futures settled 1.6% higher in New York on Tuesday before the American Petroleum Institute disclosed a 4.45 million-barrel increase in crude inventories, according to people familiar with the data. If confirmed by a government tally on Wednesday, it will be the longest run of gains in almost a year.Prices rose earlier after Reuters reporter that members of the Organization of Petroleum Exporting Countries are concerned about the outlook for demand next year.“The biggest piece of news is that OPEC is considering deeper cuts,” said Josh Graves, senior market strategist at RJ O’Brien & Associates in Chicago.“I think that’s something that needs to be done.”U.S. benchmark futures have been under pressure for the past six months as the protracted U.S.-China trade war imperiled worldwide energy demand. President Donald Trump on Monday said negotiations are progressing, raising expectations that the world’s largest economies may sign a deal as soon as next month.West Texas Intermediate crude for November delivery, which expired Tuesday, rose 85 cents to settle at $54.16 a barrel on the New York Mercantile Exchange. The more active December contract rose 81 cents to $54.32 at 4:59 p.m.Brent for December settlement increased 74 cents to close at $59.70 on the London-based ICE Futures Europe Exchange. The global benchmark crude traded at a premium of $5.22 to WTI for the same month as of the close.To contact the reporter on this story: Jacquelyn Melinek in New York at firstname.lastname@example.orgTo contact the editors responsible for this story: David Marino at email@example.com, Joe Carroll, Carlos CaminadaFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Third quarter earnings reports are starting to pile up. Here's a quick read on the health of the U.S. consumer amid talk of a recession in early 2020.
The S&P 500 and Dow Jones indexes rose on Tuesday, as upbeat earnings reports eased concerns over the fallout from the fragile U.S.-China trade relationship, but Facebook pressured Nasdaq after the company was hit with an expanded New York-led probe. The benchmark S&P 500 index still hovered above 3,000 points, and was within striking distance of a record high hit in July, with Biogen Inc's 31% surge fueling the index.
Kimberly-Clark (KMB) posted its Q3 earnings today, beating analysts’ expectations. Higher net selling prices and cost savings drove the company’s earnings.
Procter & Gamble's (PG) sales and earnings beat estimates in Q1 on organic sales growth in all segments, margin expansion and cash productivity gains. It raises view for fiscal 2020.
The S&P 500 rose on Tuesday, bolstered by gains in Biogen and upbeat earnings reports that eased concerns over the fallout from the U.S.-China trade war, but the Dow Jones index was pressured by a drop in McDonald's and Travelers. The benchmark S&P 500 index was within striking distance of a record high hit in July after trading above 3,000 points in the previous session on signs of progress toward resolving the spat between the world's two biggest economies.
Pampers’ commitment to install 5,000 changing tables across North America by 2021 secured the help of seven hands-on NFL dads today. In honor of National Make a Difference Day (October 26), Pampers is leading the installation of changing tables in New York, San Francisco, Chicago, Philadelphia, Denver, Detroit and Charlotte so all parents can #LoveTheChange when they’re out and about in their community with their babies.
The consumer-staples giant has beaten the consensus forecast among Wall Street analysts in every quarter since early 2015.
Shares of companies that reported third-quarter earnings are acting as a drag on the Dow Jones Industrial Average , with Travelers Companies Inc.'s stock doing the most damage. The insurer's stock fell $10.75, or 7.6%, after a profit miss, to shave 73 points off the Dow's price. The biggest Dow boost was Procter & Gamble Co.'s stock , which rose $4.60, or 3.9%, after profit and sales beat expectations, to add about 31 points to the Dow. McDonald's Corp. shares shed $6.51, or 3.1%, after profit and revenue missed expectations, to lower the Dow by 44 points, and United Technologies Corp.'s stock tacked on $1.38, or 1.0%, after an earnings beat and raised guidance to add 9 points to the Dow. The Dow fell 10 points, or less than 0.1%, in morning trading.