Some of the names on the move ahead of the open.» Read More
Some of the names on the move ahead of the open.
Oct 24- Colgate-Palmolive Co reported a 17 percent drop in third-quarter profit and lowered its full-year earnings forecast, hurt by weak demand in Brazil and China and a stronger U.S. dollar. Emerging markets, which generate about 50 percent of Colgate's net sales, have weakened in the past few months, with Brazil slipping into recession and China facing what is...
Oct 24- Colgate-Palmolive Co reported a 17 percent fall in third-quarter profit, hurt by weak demand in Brazil and China and a stronger U.S. dollar. The company, which controls nearly 45 percent of the global toothpaste market, said net income fell to $542 million, or 59 cents per share, in the quarter ended Sept. 30, from $656 million, or 70 cents per share, a year earlier.
Stocks fell on Monday, with H&R Block leading declines on the S&P 500.
Companies making headlines before the bell Monday.
Sept 27- U.S. cleaning products maker Clorox Co said the Venezuelan government's takeover of two of its plants after the company pulled out of the country raised "grave concerns" about the safety of workers and surrounding communities.
It hasn’t happened in a while. But it happened today. And it happened so suddenly Cramer hopes you were sitting down.
CARACAS, Sept 23- Hundreds of workers protested on Tuesday outside the Venezuelan operation of U.S. home cleaning products maker Clorox Co, which is pulling out of the South American nation, state media said.
Sept 22- Home cleaning products maker Clorox Co said it was discontinuing operations in Venezuela as the business was no longer viable and that it was looking to sell its assets there. Venezuela devalued its currency bolivar last year, which forced a number of consumer goods companies such as Colgate-Palmolive Co and Avon Products Inc to slash product prices.
After the worst week in two years, stocks are vulnerable to a further selloff.
Procter & Gamble's CEO was brought back to restore growth to the world's largest consumer products company. A year later, investors are still waiting.
A crush of big cap earnings and arguably the most important economic reports until September make next week the busiest of the summer for markets.
Actively managed large-cap mutual funds continue to come up short in their long-running battle against the S&P 500 index.
Before you put your next dollar in stocks, Cramer would like a word about cyclical versus secular stocks.
A change in Venezuela's foreign exchange system will likely boost these stocks, CNBC's Jim Cramer said Monday.
Some of Tuesday's midday movers:
Now that they've made-up, Bill Ackman tells CNBC he's trying to get Carl Icahn to sell Herbalife.
The "Fast Money" traders share their final trades of the day.
Get out your Walkman! Cramer thinks a money making trend popular in the 1980s is about to surface again.
U.S. stock index futures signaled a lower open on the last day of the week, as fears about the Ukraine-Russia situation resurged.