Business News

p&g-072815.jpgProcter & Gamble Co., (PG) Tuesday announced the promotion of David Taylor to the role of Chief Executive Officer, as the consumer goods giant replaces Chief Executive A.G. Lafley for the second time. David Taylor, a 35-year-veteran and currently Group President of Global Beauty, Grooming and Health...

Barclays Plc H1 Pretax Profit Rises - Quick Facts

British lender Barclays plc (BARC.L, BCS) reported that first-half pretax profit increased 25 percent to 3.11 billion pounds from 2.50 billion pounds in the prior-year period. Profit to ordinary equity holders of the parent was 1.61 billion pounds, up 43 percent from 1.13 billion pounds in the year-ago...

S. Africa June M3 Money Supply Grows More Than Forecast

South Africa's money supply growth topped economists' expectations in June, figures from the South African Reserve Bank showed Wednesday. The broad money supply, or M3, grew 8.89 percent year-over-year in June, faster than previous month's 8.37 percent increase. Economists had expected the growth...

Total To Sells 20% Interest In West Of Shetland Fields For GBP 565 Mln

French oil and gas giant Total SA (TTA.L, TTFNF, TOT) agreed Wednesday to sell 20 percent of its interests in the Laggan, Tormore, Edradour and Glenlivet fields, located in the West of Shetland area, to SSE E&P UK Ltd. for 565 million British pounds or about $876 million, subject to the customary approvals. The...

After-market Movers For July 28 (RUBI, GILD, AKAM, TWTR, YELP)

Gainers: Rubicon Project, Inc. (RUBI) rose 15 percent to $17.75. The company's second quarter net loss widened from the year-ago quarter, while its non-GAAP earnings per share topped analysts' estimate. Revenue increased 88 percent year-over-year and came above the consensus estimate. Gilead Sciences...

Live Oak Bancshares Surges In Nasdaq Debut

Shares of Live Oak Bancshares, Inc. (LOB), parent of Live Oak Banking Co., surged in their trading debut on the Nasdaq Global Select Market Thursday following an initial public offering. Live Oak Bancshares priced its IPO of 4.8 million shares of its voting common stock at $17.00 per share, the mid-point...

SunPower Q2 15 Earnings Conference Call At 4:30 PM ET

SunPower Corporation (SPWR) will host a conference call at 4:30 PM ET on July 28, 2015, to discuss Q2 15 earnings results. To access the live webcast log on to http://investors.sunpower.com/events.cfm The call-in number is 517-623-4618, passcode: SunPower
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Economic Calendar
07/29/15 2:45Consumer Confidence IndexJUL France
07/29/15 2:0GfK Consumer Confidence SurveyJUN Germany
07/29/15 2:0UBS Consumption IndicatorJUN Switzerland
07/29/15 2:0M3 Money Supply (Y-o-Y)JUN South Africa
07/29/15 1:0PPI (M-o-M)JUN Singapore
07/29/15 1:0PPI (Y-o-Y)JUN Singapore
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