Garnier goes organic in L’Oreal bid to lift mass market sales
L’Oreal is rolling out organic skincare treatments at its Garnier brand as it looks to lift sales in its sluggish mass market unit, tapping a growing demand for more naturally-sourced products that is upending industries from cosmetics to food.
Boeing to report lower 737 deliveries amid supplier delays: executive
Days before the numbers are due to be announced, Boeing Co warned that October aircraft deliveries to airlines would be lower than normal as the world’s largest planemaker continues to be dogged by supplier delays on engines and other components.
Qualcomm forecast falls short as Apple sales disappear
Qualcomm Inc forecast sales revenue for the holiday shopping quarter below analysts’ estimates on Wednesday as it took a hit from the loss of chip sales to Apple Inc , sending its shares down 3.4 percent.
Roku forecasts net loss for holiday quarter, shares fall 10 percent
Roku Inc missed third-quarter estimates for its high margin video streaming platform and forecast a net loss for the holiday quarter, sending its shares down 10 percent in extended trading on Wednesday.
Wall Street rallies on U.S. elections; tech, health stocks lead
(This Nov. 7 story corrects paragraph 8 to read “Brian Nick, chief investment strategist for Nuveen in New York,” instead of “Nuveen Asset Management”)
U.S. issues directive after Boeing alerts pilots following Indonesia crash
The U.S. Federal Aviation Administration issued an emergency airworthiness directive on Wednesday to address how to handle erroneous data from a sensor on the new Boeing 737 MAX jet in the wake of last week’s Indonesian jetliner crash.
Comcast plans to roll out video-streaming box for some customers: CNBC
Comcast Corp is planning to launch a new product that will allow its broadband subscribers to aggregate some video streaming applications, including Netflix and YouTube, CNBC reported on Wednesday, citing people familiar with the matter.
U.S. political gridlock may create investment opportunity
Investors hope the split between Republicans and Democrats controlling the U.S. Congress will open up opportunities to pick new winners and losers because some government policies will be harder to predict.
Chinese phone makers, licensing business drive Qualcomm beat
Qualcomm Inc beat analysts’ expectations for fourth-quarter revenue and profit on Wednesday, helped by demand from Chinese smartphone makers targeting emerging markets and a newer licensing model for its wireless technology that has soothed relations …
SpaceX circulates price guidance on $750 million term loan
NEW YORK (LPC) – Elon Musk’s rocket and spacecraft company SpaceX on Wednesday circulated pricing on a proposed $750 million term loan that will put cash on the company’s balance sheet, two sources said.
