General Mills Q1 Profit Tops Estimates, Organic Net Sales Up 10%; Raises Dividend

General Mills (GIS) reported first quarter adjusted earnings per share of $ 1.00, up 27 percent in constant currency, primarily driven by higher adjusted operating profit and higher after-tax earnings from joint ventures, partially offset by a higher adjusted effective … Read more…

Big Lots Does Not Re-instate FY20 Outlook; Declares Qtly. Cash Dividend Of $0.30/Shr – Quick Facts

While reporting financial results for the second quarter on Friday, discount retailer Big Lots, Inc. (BIG) said it is not in a position to re-instate its financial guidance for the full-year 2020 as it continues to believe it does not … Read more…

Chinese Companies in Pentagon Spotlight Hire Global Banks to Sell Dollar Bonds

ChemChina and Three Gorges, designated by the U.S. Defense Department as “Communist Chinese military companies,” are pursuing bond deals with the help of Western banks. WSJ.com: Markets SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card … Read more…

Second Top Female Executive at Bridgewater Says Firm Paid Her Less Than Men

The complaint from Karen Karniol-Tambour, the hedge fund’s most-senior female executive, follows a gender-discrimination suit from a former co-CEO. WSJ.com: Markets SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up to 80% off … Read more…

Rio Tinto CEO to Step Down Amid Fallout Over Destruction of Ancient Rock Shelters

Rio Tinto said its chief executive would step down as it battles to contain the fallout from the destruction of two ancient rock shelters in northwestern Australia’s minerals-rich Pilbara region that were culturally significant to a local indigenous group. WSJ.com: … Read more…

After Hours Market: Sonoma Pharmaceuticals, RH, SelectQuote Gain; GameStop, Quotient Slip

Sonoma Pharmaceuticals, Inc. (SNOA) – Shares of the drug company jumped 20% in extended trading session Wednesday after the company announced launch of two new products in Australia. Sonoma and Te Arai BioFarma announced the launch of two new products … Read more…

Production Problems Spur Broad FAA Review of Boeing Dreamliner Lapses

Production problems at a Boeing 787 Dreamliner factory have prompted air-safety regulators to review quality-control lapses potentially stretching back almost a decade. The plane maker says there is no immediate safety threat. WSJ.com: US Business SPECIAL NEWS UPDATE: Click today … Read more…

SoftBank’s Bet on Tech Giants Fueled This Summer’s Powerful Market Rally

The Japanese conglomerate led by billionaire Masayoshi Son placed billions in options bets on fast-rising tech stocks. Investors say that turbocharged the sector. WSJ.com: US Business SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and … Read more…

Dycom Industries Expects Q3 Revenues To Be In-line To Modestly Lower Than Q2 – Quick Facts

While reporting financial results for the second quarter on Tuesday, Dycom Industries, Inc. (DY) anticipates contract revenues and margins for the third quarter to range from in-line to modestly lower on a sequential basis for the second quarter, based on … Read more…

EU Car Sales Fall Modestly In July On Demand Surge For EVs, Best Month Thus Far In 2020

European new car registrations declined modestly in July amid a jump in demand for electric vehicles and rebound in some markets, signaling a recovery from the coronavirus-triggered slump, figures from the automotive market data provider JATO Dynamics showed on Thursday. … Read more…

Target Shares Surge On Record Q2 Results; Lowe’s Q2 Profit Beats View

Minneapolis-based Target Corp. (TGT), on Wednesday, reported second-quarter results that surpassed analysts’ projections. The company’s comparable sales growth was the strongest it has ever reported. Consequently, shares of Target were up 8% in pre-market trade. RTT – Earnings BEST DEAL … Read more…