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  • : preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in /home/invest23/public_html/includes/unicode.inc on line 345.
  • : preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in /home/invest23/public_html/includes/unicode.inc on line 345.
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  • : preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in /home/invest23/public_html/includes/unicode.inc on line 345.
  • : preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in /home/invest23/public_html/includes/unicode.inc on line 345.
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  • : preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in /home/invest23/public_html/includes/unicode.inc on line 345.
  • : preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in /home/invest23/public_html/includes/unicode.inc on line 345.
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  • : preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in /home/invest23/public_html/includes/unicode.inc on line 345.
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  • : preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in /home/invest23/public_html/includes/unicode.inc on line 345.
  • : preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in /home/invest23/public_html/includes/unicode.inc on line 345.
  • : preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in /home/invest23/public_html/includes/unicode.inc on line 345.
  • : preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in /home/invest23/public_html/includes/unicode.inc on line 345.
  • : preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in /home/invest23/public_html/includes/unicode.inc on line 345.
  • : preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in /home/invest23/public_html/includes/unicode.inc on line 345.
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  • : preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in /home/invest23/public_html/includes/unicode.inc on line 345.
  • : preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in /home/invest23/public_html/includes/unicode.inc on line 345.
  • : preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in /home/invest23/public_html/includes/unicode.inc on line 345.
  • : preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in /home/invest23/public_html/includes/unicode.inc on line 345.
  • : preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in /home/invest23/public_html/includes/unicode.inc on line 345.
  • : preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in /home/invest23/public_html/includes/unicode.inc on line 345.

Campbell, Third Point battle heats up, no concessions on the table

Reuters Business News - Thu, 10/18/2018 - 20:41
Activist investor Daniel Loeb and Campbell Soup Co hardened their positions in the battle over the soup maker's future on Thursday as the hedge fund manager tried to woo retail shareholders and the company's interim chief executive told Reuters that Loeb had left no room for compromise.

AmEx tops profit estimates on higher consumer spending

Reuters Business News - Thu, 10/18/2018 - 20:36
American Express Co topped Wall Street estimates for third-quarter profit on Thursday and lifted its yearly earnings forecast, as a strengthening U.S. economy powered higher credit card spending.

AIG falls after forecasting more than $1 billion in third-quarter catastrophe losses

CNBC Business - Thu, 10/18/2018 - 20:31
The company said the losses were a result of numerous weather events like the typhoons in Japan as well as Hurricane Florence.

Senator Warren urges Fed to require removal of Wells Fargo CEO

Reuters Business News - Thu, 10/18/2018 - 20:30
U.S. Senator Elizabeth Warren said on Thursday the Federal Reserve should not allow Wells Fargo & Co to grow in size until the bank replaces Chief Executive Officer Tim Sloan.

Mexico's Walmex reports third quarter net profit of 8.7 billion pesos

Reuters Business News - Thu, 10/18/2018 - 20:28
Mexican retailer Walmart de Mexico reported third-quarter net profit on Thursday of 8.7 billion pesos ($464 million), modestly beating analysts' expectations.

De Beers eyes tech markets for synthetic diamonds future

Reuters Business News - Thu, 10/18/2018 - 20:17
Anglo American unit De Beers is going after lucrative, but elusive high-tech markets in quantum computing, as it aims to expand its lab-grown diamond business beyond drilling and cutting.

Goldman Sachs sees five more Fed rate hikes through end of 2019

Reuters Business News - Thu, 10/18/2018 - 20:10
Goldman Sachs economists on Thursday said the firm remained "comfortable" with its call for five more interest rate hikes — two more than priced in financial markets — through the end of 2019.

Trump: 'It certainly looks' like Khashoggi is dead

CNBC Business - Thu, 10/18/2018 - 19:57
"It certainly looks that way to me. It's very sad," Trump said when asked if Khashoggi is dead.

VP Pence warns 'there will be consequences' if missing journalist Jamal Khashoggi was murdered

CNBC Business - Thu, 10/18/2018 - 19:42
Vice President Pence appeared to take a tougher stance on Jamal Khashoggi's disappearance than President Trump, who pushed back on the growing chorus of criticism against Saudi Arabia this week.

PayPal jumps after reporting a beat on the top and bottom lines, growth in Venmo

CNBC Business - Thu, 10/18/2018 - 19:33
PayPal reported third-quarter earnings and revenue that topped Wall Street estimates on Thursday.

American Express shares rise after third-quarter earnings top Street on record revenue

CNBC Business - Thu, 10/18/2018 - 19:33
American Express reports third quarter results that beat expectations as consumers and small businesses spend more.

Political ad buyers are exploiting a Facebook loophole to disguise where their money is coming from

CNBC Business - Thu, 10/18/2018 - 19:29
Facebook launched a political ad archive earlier this year to promote transparency around ad funding. Some have still found ways to remain relatively anonymous.

Goldman CEO Solomon says part of October's market sell-off driven by programmatic trading

CNBC Business - Thu, 10/18/2018 - 19:28
Goldman Sachs CEO David Solomon said Thursday that he believes part of October's steep stock sell-off was the result of programmatic trading.

Wall St. slides on Saudi Arabia, Italy concerns

Reuters Business News - Thu, 10/18/2018 - 19:26
U.S. stocks fell more than 1 percent on Thursday as the European Commission issued a warning regarding Italy's budget and concerns mounted over the possibility of strained relations between the United States and Saudi Arabia.

Goldman CEO says exec Dina Powell will not attend Saudi investment conference

CNBC Business - Thu, 10/18/2018 - 19:24
Goldman was set to send Dina Powell to the conference, but decided against it amid the uproar over journalist Jamal Khashoggi's disappearance, CEO David Solomon said in an interview with CNBC's Wilfred Frost on Thursday. 

Colgate halts Venezuela detergent plant for lack of boxes

Reuters Business News - Thu, 10/18/2018 - 19:20
U.S. consumer goods maker Colgate-Palmolive Co has halted production at its detergent and dish soap plant in Venezuela because it lacked cardboard boxes to ship products, a union leader said on Thursday.

VW's Porsche expects to repeat record vehicle sales this year

Reuters Business News - Thu, 10/18/2018 - 18:53
Volkswagen's Porsche brand does not need a stock market listing to fund growth, Chief Executive Oliver Blume said, adding he is confident the maker of the iconic 911 sportscar can repeat last year's record sales in 2018.

Justice Department opens clergy abuse probe in Pennsylvania

CNBC Business - Thu, 10/18/2018 - 18:29
The U.S. Justice Department has opened an investigation of child sexual abuse inside the Roman Catholic Church in Pennsylvania.

Campbell Soup CEO sees no room for concessions to Third Point

Reuters Business News - Thu, 10/18/2018 - 18:27
Campbell Soup Co interim Chief Executive Keith McLoughlin does not believe that there are any concessions to be made in an ongoing proxy fight with hedge fund Third Point LLC, he told Reuters on Thursday.

Casino confident on disposal plan, third-quarter sales accelerate

Reuters Business News - Thu, 10/18/2018 - 18:22
French retailer Casino , which is battling investor concern over its high debt, said sales growth accelerated in the third quarter, reflecting an improving performance in France and Brazil and it predicted a similar trend for the fourth quarter.

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