J&J results top estimates, takes $13.6 billion tax charge
(Reuters) – Johnson & Johnson reported adjusted quarterly profit and revenue slightly above analysts’ expectations on Tuesday, as the healthcare company gained from strong demand for new drugs including cancer and psoriasis treatments.
P&G profit falls due to sale of beauty business, tax charge
(Reuters) – Procter & Gamble Co on Tuesday reported a 68 percent drop in quarterly profit, due to the sale of its beauty brands to Coty Inc and a charge related to the recent U.S. tax overhaul.
JPMorgan to raise pay, hire staff in $20 bln investment push
(Reuters) – JPMorgan Chase & Co said it would increase wages, hire more and open new branches as part of a $20 billion investment following the overhaul of the U.S. tax code.
Verizon quarterly profit rises, helped by tax reform
NEW YORK (Reuters) – Verizon Communications Inc reported an increase in quarterly profit, helped by tax reform and phone subscriber additions.
SocGen CEO expects better market conditions in 2018 and beyond
DAVOS (Reuters) – Societe Generale chief executive Frederic Oudea is “very positive” about the French bank’s set-up in capital markets and expects to see better market conditions in 2018 and beyond, he told Reuters on Tuesday.
SocGen CEO Oudea expects better market conditions in 2018 and beyond
DAVOS (Reuters) – Societe Generale chief executive Frederic Oudea told Reuters on Tuesday that he was “very positive” about its set-up in capital markets, and he expected to see better market conditions in 2018 and beyond.
UK regulator puts brake on Murdoch’s $15.7 billion Sky deal
LONDON (Reuters) – Rupert Murdoch’s $15.7 billion takeover of Sky is not in the public interest and should be blocked unless a way is found to prevent the media tycoon from influencing the network’s news output, Britain’s regulator said.
U.S. funding deal keep stocks bulls on the charge
LONDON (Reuters) – World stocks clocked up their 13th record high of the year on Tuesday, as relief at a temporary U.S. government funding deal boosted already sky-high confidence about global growth and corporate earnings.
Carrefour steps up e-commerce push, chases deal in China
PARIS (Reuters) – Carrefour’s new chief executive promised to slash costs, step up e-commerce investment in the face of competition from Amazon and open up Carrefour China to local investors, sending its shares higher on Tuesday.
UK regulator says Fox buying Sky not in public interest, suggests remedies
LONDON (Reuters) – Britain’s competition regulator told Rupert Murdoch his $15 billion takeover of Sky was not in the public interest and would be blocked unless there was a way to prevent the tycoon from influencing the network’s news output.
