*Core earnings $0.95/ shr vs est $0.91/ shr. Aug 1- Procter& Gamble Co, the world's largest household products maker, said it could sell about half of its brands in an effort to revive sales growth and cut costs, sending its shares up as much as 4 percent.» Read More
BEIJING, Oct 25- Wal-Mart Stores Inc has given global suppliers five years to comply with its environmental rules or risk being pushed off U.S. shelves at the world's largest retailer, expanding a sustainability campaign launched in 2009..
CINCINNATI-- Procter& Gamble said Thursday that its fiscal first quarter net income fell 7 percent, as costs related to restructuring and the stronger dollar weighed on results. But the world's largest consumer products maker's adjusted results beat expectations on Wall Street, as it cut costs, made market share gains and commodity costs eased.
LONDON, Oct 25- Ford will announce on Thursday that it is closing its van factory at Southampton, ending more than a century of vehicle production by the company in Britain, trade unionists and a source close to the U.S. car maker said.
WARSAW, Ind.-- Zimmer Holdings Inc. said Thursday its net income fell 7 percent in the third quarter on lower sales of hip and knee implants. The company lowered the top end of its annual net income guidance, saying it now expects to adjusted profit between $5.25 and $5.30 per share, rather than $5.25 to $5.35 per share.
BALTIMORE-- Under Armour said Thursday that its net income climbed 25 percent in the third quarter, with the athletic clothing maker saying that new products are helping fuel demand for its merchandise. Under Armour Inc. earned $57.3 million, or 54 cents per share, for the three months ended Sept. 30.
LONDON, Oct 25- German government bonds slipped on Thursday, pulled down by falls in UK gilts on signs of economic recovery and in U.S. Euro zone bond markets were still mostly at an impasse however, limiting moves, as they waited for a signal on when Spain may ask for financial aid-- a requirement if the European Central Bank is to buy its bonds.
Here is a summary of earnings reports from United Continental Holdings Corp., Delta Air Lines Inc., US Airways Group Inc., AMR Corp., parent of American Airlines, and Southwest Airlines Co.. United Continental's profit shrunk to $6 million from $653 million a year ago.
LONDON, Oct 25- The dollar hit a four-month high against the yen on Thursday as expectations of more monetary easing from the Bank of Japan kept the Japanese currency under broad pressure. The euro also rose against the yen, helped by European Central Bank President Mario Draghi's robust defence of his bond-buying plan before German lawmakers.
By early afternoon in Europe, benchmark crude for December delivery was up 96 cents to $86.69 a barrel in electronic trading on the New York Mercantile Exchange. "The release of the weekly EIA oil inventories report surprised the markets, raising serious concerns about the levels of the oil demand," said a report from Sucden Financial Research in London.
WASHINGTON-- Weekly applications for U.S. unemployment aid fell last week to a seasonally adjusted 369,000, a level consistent with modest hiring. The Labor Department said Thursday that unemployment benefit applications dropped by 23,000, from a revised 392,000 the previous week.
WASHINGTON-- Orders for long-lasting U.S. manufactured goods surged in September by the largest amount in nearly three years, reflecting a rebound in aircraft orders. But a key category that tracks business investment showed weakness for a fourth straight month, indicating companies remain uncertain about the future.
SEATTLE-- Alaska Airlines' parent company more than doubled third-quarter profit as traffic grew and its planes were fuller. Alaska Air Group Inc. said Thursday that net income rose to $163.4 million, or $2.27 per share, compared with $77.5 million, or $1.06 per share, a year ago. The figures include Alaska Airlines and Horizon Air.
LONDON, Oct 25- An Iranian partner of Huawei Technologies Co Ltd, a Chinese company that has denied breaking U.S. sanctions, last year tried to sell embargoed American antenna equipment to an Iranian firm, according to documents and interviews.
FORT WORTH, Texas-- Cash America, a pawn shop and payday lender, on Thursday reported a big drop in earnings but still beat Wall Street's expectations for the third quarter. Cash America International Inc. makes money from loans to consumers, from service fees and from selling jewelry, electronics and other goods in its pawn shops.
The new charge is for Floyd Lee Corkins II, who was arrested in August and charged with opening fire inside the lobby of the Family Research Council building in downtown Washington.
NEW YORK-- JetBlue Airways Corp. said Thursday its third-quarter net income rose 29 percent as higher traffic from an ongoing expansion in Boston and the Caribbean offset the impact of slightly lower fares. The New York airline earned $45 million, or 14 cents per share, compared with $35 million, or 11 cents per share, in the third quarter a year ago.
CARACAS, Venezuela-- After four election wins, Venezuelan President Hugo Chavez is on track to completing at least 20 years in power, and supporters such as street bookseller Cristina Tovar say they're glad to have him in charge.
Speaking at a news conference Wednesday announcing the New York Islanders' move from Nassau Coliseum to Brooklyn's Barclays Center in 2015, Bettman seemed resigned to a shortened season with the NHL and the players' association still at odds after months of negotiations.
BEELAHERI, India, Oct 25,- India is shaking up the way it gets billions of welfare dollars to the poor with a plan that could one day reshape the economy and tackle graft keeping millions in poverty, but in one small town a pilot of the new system is proving unpopular.
BLOOMFIELD HILLS, Mich.-- Rising orders for new homes and rising prices hurtled PulteGroup back into a profitable third quarter, its best since before the real estate market crashed. PulteGroup, free of a hefty impairment charge it recorded last year, breezed past Wall Street expectations and the average selling price climbed 6 percent to $279,000.