Latest Market News

Jul 31
P&G misses on profit

Procter & Gamble Co. PG, -6.18% shares fell 3.7% in Friday premarket trading after it reported fiscal fourth-quarter profit that missed expectations. The consumer goods giant posted net income of $3.052 billion, or $1.21 per share, up from $2.906 billion, or $1.13 per share, last year. Sales of $19.515 billion were up from $18.946 billion. […]

Jul 31
Newell Brands stock drops after profit beat expectations, but outlook was below forecasts

Shares of Newell Brands Inc. NWL, -2.32% dropped 3.0% in premarket trading Friday, after the consumer goods company, with brands including Rubbermaid, Sharpie, Paper Mate and Graco, reported second-quarter profit that beat expectations but revenue that missed and provided a downbeat outlook. Net income rose to $204 million, or 49 cents a share, from $197 […]

Jul 31
Charter earnings top expectations but company shows loss of internet subscribers

Charter Communications Inc. CHTR, -0.80% topped expectations with its latest revenue and income figures Friday but disclosed that it lost internet subscribers in the second quarter. Charter posted net income of $1.47 billion, of $8.96 a share, up from $1.02 billion, or $5.48 a share, in the year-prior quarter. Analysts tracked by FactSet were anticipating […]

Jul 31
Outback parent Bloomin’ Brands beats on earnings and raises revenue outlook but revises profit guidance below expectations

Bloomin’ Brands Inc. BLMN, +3.08% reported a second-quarter net loss of $63.6 million, or 72 cents per share, after net income of $82.5 million, or 75 cents per share, last year. Adjusted EPS of 68 cents beat the FactSet consensus of 62 cents. Revenue of $1.125 billion was up from $1.077 billion last year and […]

Jul 30
Central Bank reinforces consumer protection expectations of regulated financial firms providing Direct Debit services

The Central Bank of Ireland has engaged with financial services firms to reinforce its consumer protection expectations of all regulated firms that also operate as Direct Debit originators (DDOs). This follows a review of plans submitted from the financial services firms that are amongst the top 20 DDOs in Ireland, which set out the measures they […]

Jul 30
Statement on the publication of the Central Bank (Individual Accountability Framework) Bill 2022

The Central Bank of Ireland welcomes today’s publication of the Central Bank (Individual Accountability Framework) Bill 2022. The Central Bank will continue to work with the Department of Finance throughout subsequent stages as the legislation progresses through the Oireachtas to enactment. Once the Bill has been enacted the Central Bank intends to publicly consult on […]