Procter & Gamble said higher commodity prices and freight costs would weigh on profits in the next fiscal year, as the consumer-goods giant posted strong results for the past quarter on Friday, with sales and earnings outpacing Wall Street’s expectations.
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The much-awaited Q2 earnings of Facebook (NASDAQ: FB) hit the wire shortly after the bell rang to end Wednesday’s session. With shares of the social media giant have hit fresh all-time highs in the run-up to the release, Wall Street and Main Street alike …
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The company said sales at Taco Bell, KFC and Pizza Hut exceeded pre-pandemic levels. Yum’s fourth brand, The Habit Burger Grill, delivered 31% same-store sales growth.
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Tesla’s energy storage products have been particularly popular in Australia, where the electric grid is in great need of stabilization. Its famous “Tesla Big Battery” in partnership with Neoen in South Australia has had a …
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What Bloomberg Economics Says… One thing is strikingly clear in the wide-ranging discussions of the Politburo meeting on Friday — the 'set our own
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