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Coca-Cola Posted Better-than-Expected Earnings

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The Coca-Cola Company (NYSE: KO) on Tuesday announced first-quarter revenue and earnings that beat analysts’ estimates, driven by growth in its Diet Coke Brand and sparkling waters.Atlanta-based Coca-Cola said net revenue decreased 16 percent to $7.6 billion in the first quarter. The decline i....

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SunTrust says Data Breach may affect 1.5 Million Customers

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SunTrust Banks Inc. (NYSE: STI) said on Friday that it was affected by a data breach that can affect nearly 1.5 million customers as the bank also released their quarterly financial results, which topped analysts’ estimates.SunTrust Chief Exec....

Wells Fargo Fined $1 Billion to Settle Customer Scandals

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Wells Fargo & Company (NYSE: WFC) announced on Friday that it has agreed to pay $1 billion in penalties to federal officials to settle consumer issues in its automotive and mortgage units businesses.Under the agreement, Wells Fargo will pay $500....

General Electric shares rise after Topping Estimates

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General Electric Co. (NYSE: GE) reported its first quarter financial results, topping Wall Street’s estimates and reiterated its outlook for the fiscal year. Shares rose by 6 percent during Friday’s pre-market hours.For the first quarter....

Lagarde says Global Economy Vulnerable to Trade Tensions

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Christine Lagarde, the Managing Director of International Monetary Fund (IMF), warned on April 19 that the increasing debt levels may derail an excellent global economy. The other factors contributing to this negativity include a low-burn trade disp....

The Procter & Gamble Company Reported Q3 Financial Results

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The Procter & Gamble Company (NYSE: PG)reported third quarter fiscal year 2018 net sales of $16.3 billion. Organic sales increased one percent. Diluted net earnings per share were $0.95, an increase of two percent versus the prior year whi....

Amazon Prime Announces over 100 Million Prime Members

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Amazon.com, Inc. (NASDAQ: AMZN) shares rose on Thursday after Chief Executive Officer Jeff Bezos revealed that the Amazon Prime now has more than 100 million members worldwide.Bezos announced the milestones in a letter to shareholders on Wednesday. ....

Philip Morris Stock Plunges as Global Smoking Rates Decline

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Philip Morris International Inc. (NYSE: PM) reported its first quarter financial results, but missed revenue estimates. Shares plunged by 17.1 percent during mid-day Thursday after global smoking rates began to decline.For the first quarter, PMI rep....

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