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Coca-Cola Names CFO John Murphy To Additional Role Of President
Beverage company Coca-Cola Co. (KO) announced Thursday that John Murphy will become president and chief financial officer, effective October 1. Murphy, who currently serves as executive vice president and CFO, will add the president role following the retirement of Brian Smith.
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Philly Fed Index Unexpectedly Indicates Faster Contraction In July
A report released by the Federal Reserve Bank of Philadelphia on Thursday showed regional manufacturing activity unexpectedly contracted at a faster rate in the month of July.
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U.S. Weekly Jobless Claims Unexpectedly Inch Up To 251,000
The Labor Department released a report on Thursday unexpectedly showing another modest increase in first-time claims for U.S. unemployment benefits in the week ended July 16th.
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Norfolk Southern Raises Conductor Trainee Pay To $25/hour
Transportation company Norfolk Southern Corp. (NSC) announced Thursday that it has increased Conductor Trainee pay to $25 per hour, with a minimum of $200 in earnings per shift. Norfolk Southern conductors are responsible for the safe and efficient movement of freight trains.
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East West Bancorp Declares Q3 Cash Dividend Of $0.40 Per Share
While reporting financial results for the second quarter on Thursday, East West Bancorp (EWBC) announced that its Board of Directors has declared third quarter 2022 cash dividend of $0.40 per share for the Company's common stock, payable on August 15, 2022, to stockholders of record on August 1, 2022.
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Webster Financial Q2 Adj. EPS Tops Estimates
Bank holding company Webster Financial Corp. (WBS) on Thursday reported that second-quarter net income available to common shareholders was $178.15 million or $1.00 per share, compared to $92.07 million or $1.01 per share in the prior-year quarter.
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Bay Street Seen Opening On Negative Note
Sharply lower commodity prices amid worries about a possible recession point to a weak start for the Canadian market on Thursday.
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more news
IQVIA Holdings Adjusts FY22 Outlook To Reflect FX Impact - Update
While reporting financial results for the second quarter on Tuesday, life sciences services company IQVIA Holdings Inc. (IQV) adjusted its adjusted earnings and revenue guidance for the full-year 2022 to reflect the impact of the strengthening of the US dollar since issuance of prior guidance. The company also provided financial outlook for the third quarter.
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Pool Corp Boosts FY22 Outlook As Q2 Adj. EPS Tops Estimates
Pool Corp. (POOL) on Thursday reported that net income for the second quarter increased to $307.28 million or $7.63 per share from $259.70 million or $6.37 per share in the prior-year quarter.
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Sonoco Products Boosts FY22 Outlook As Q2 Adj. EPS Tops Estimates
Packaging company Sonoco Products Co. (SON) reported Thursday that second-quarter net income attributable to the company was $131.67 million or $1.33 per share, compared to a net loss of $334.07 million or $3.34 per share in the year-ago quarter.
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D R Horton Slashes FY22 Outlook - Update
While reporting financial results for the third quarter on Thursday, home builder D R Horton Inc. (DHI) slashed its revenue and homes closed guidance for the full-year 2022, based on its results for the first nine months of fiscal 2022, expected completion dates of homes under construction and current market conditions.
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Sensex, Nifty Extend Rally For Fifth Day
Indian shares rose for a fifth straight session on Thursday despite mixed global cues and the impending weekly futures & options expiry.
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European Shares Decline As Italy's Draghi Resigns
European stocks fell on Thursday and Italian bonds sold off sharply after Italian Prime Minister Mario Draghi offered his resignation to the president, in a move that will raise the prospect of snap elections as soon as early October.
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