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GE's New CEO Vows Sweeping Change After 'Unacceptable' Report

Basic Electrical Co.’s new boss promised “sweeping trade” as he delivered a brutal evaluation of the 125-year-old producer. Effects for the newest quarter are “totally unacceptable,” Leader Government Officer John Flannery instructed traders on Friday as he slashed the benefit forecast and pledged to sell off $20 billion of GE companies. …

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Procter & Gamble (PG) Tops Q1 Earnings & Revenues October 20, 2017

The Procter & Gamble Corporate (PG – Unfastened Record) enjoys robust logo popularity with its client merchandise offered in additional than 180 international locations basically via mass merchandisers, grocery retail outlets, club membership retail outlets, drug retail outlets, division retail outlets, vendors, child retail outlets, area of expertise attractiveness retail …

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Regulator Blasts Wells Fargo for Deceptive Auto Insurance Program

That inside document mentioned the prices of the unneeded insurance coverage, which coated collision injury, had brought about some 274,000 Wells Fargo consumers to fall at the back of on their automotive loans, and virtually 25,000 cars had been wrongly repossessed. Shoppers on energetic army accountability had been amongst the …

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Will Food Safety Issues Hurt Chipotle's (CMG) Q3 Earnings?

Chipotle Mexican Grill, Inc. (CMG – Unfastened Document) is scheduled to file third-quarter 2017 effects on Oct 24, after marketplace shut. The corporate’s income and revenues are prone to strengthen yr over yr. In reality, the Zacks Consensus Estimate for the quarter’s income stands at $1.69, representing an year-over-year building …

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Philip Morris (PM) Misses Q3 Earnings & Sales, Lowers View

After reporting weaker-than-expected leads to the primary part of 2017, Philip Morris Global Inc PM endured with its dismal efficiency within the 1/3 quarter. Each income and revenues lagged the Zacks Consensus Estimate in third-quarter 2017 effects. Additionally, the corporate decreased its income steerage for 2017 because of upper affect of …

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Schlumberger (SLB) Posts In-Line Q3 Earnings, Revenues Miss

Oilfield provider large Schlumberger Restricted’s SLB third-quarter 2017 profits of 42 cents consistent with proportion (aside from fees and credit) had been in keeping with the Zacks Consensus Estimate. The base line progressed from the year-earlier adjusted determine of 25 cents. The corporate’s general earnings of $7,905 million progressed from …

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