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Earnings and trade optimism push Wall St. toward record high

8 hours ago DieselGasoil Comments Off on Earnings and trade optimism push Wall St. toward record high
(Reuters) – The S&P 500 and Nasdaq approached record highs on Tuesday, lifted by upbeat quarterly reports from Coca-Cola and United Technologies and on optimism the United States would resolve its trade conflict with China. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July 16, 2019. REUTERS/Brendan Read More

Wall Street approaches record high on earnings optimism

10 hours ago DieselGasoil Comments Off on Wall Street approaches record high on earnings optimism
(Reuters) – The S&P 500 and Nasdaq approached record highs on Tuesday, lifted by upbeat quarterly reports from Coca-Cola and United Technologies, while a debt ceiling and budget deal between President Donald Trump and Congress also buoyed sentiment. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July Read More

Upbeat earnings from Coca-Cola, United Tech lift Wall Street

11 hours ago DieselGasoil Comments Off on Upbeat earnings from Coca-Cola, United Tech lift Wall Street
(Reuters) – U.S. stocks rose on Tuesday, boosted by upbeat earnings and forecasts from Coca-Cola and United Technologies, while a two-year debt ceiling and budget deal between President Donald Trump and Congress buoyed sentiment. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July 16, 2019. REUTERS/Brendan McDermid Read More

Wall St. boosted by upbeat earnings

12 hours ago DieselGasoil Comments Off on Wall St. boosted by upbeat earnings
(Reuters) – U.S. stocks rose on Tuesday, boosted by upbeat earnings and forecasts from Coca-Cola and United Technologies, while a two-year debt ceiling and budget deal between President Donald Trump and Congress buoyed sentiment. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July 16, 2019. REUTERS/Brendan McDermid Read More

Coca-Cola’s coffee and zero sugar soda mix lifts 2019 goals, shares

14 hours ago DieselGasoil Comments Off on Coca-Cola’s coffee and zero sugar soda mix lifts 2019 goals, shares
(Reuters) – Coca-Cola Co (KO.N) beat second-quarter earnings expectations and raised its organic revenue forecast for the full year thanks to higher sales of its zero-sugar sodas, soft drinks with new flavors and ready-to-drink coffees. Cans of Coca-Cola are pictured in the refrigerator during an event in Paris, France, March 21, 2019. REUTERS/Benoit Tessier Shares Read More

Refinery news roundup: Works ongoing in Asia-Pacific; closure planned

16 hours ago DieselGasoil Comments Off on Refinery news roundup: Works ongoing in Asia-Pacific; closure planned
London — Planned turnarounds in the Asia-Pacific region are ongoing, especially at a number of refineries in China. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Separately, Japan’s largest refiner JXTG Nippon Oil & Energy said it has decided to terminate its refining operations at the 115,000 b/d Osaka Read More

Franklin Electric Reports Record Second Quarter 2019 Sales and Earnings

16 hours ago DieselGasoil Comments Off on Franklin Electric Reports Record Second Quarter 2019 Sales and Earnings
FORT WAYNE, Ind., July 23, 2019 (GLOBE NEWSWIRE) — Franklin Electric Co., Inc. (NASDAQ: FELE) reported record second quarter 2019 GAAP fully diluted earnings per share (EPS) of $0.70, versus a GAAP fully diluted EPS in the second quarter 2018 of $0.64. Second quarter 2019 sales were a record $355.3 million, compared to 2018 second Read More

LG Display aims to diversify suppliers due to South Korea-Japan spat

19 hours ago DieselGasoil Comments Off on LG Display aims to diversify suppliers due to South Korea-Japan spat
SEOUL (Reuters) – LG Display Co Ltd (034220.KS) on Tuesday said it is looking to diversify its supplier base in case a diplomatic spat sees Japan extend export curbs on display-making materials bound for South Korea. FILE PHOTO: A man walks out of the headquarters of LG Display in Seoul, October 20, 2011. REUTERS/Jo Yong-Hak/File Read More

LG Display says to diversify suppliers due to South Korea-Japan spat

20 hours ago DieselGasoil Comments Off on LG Display says to diversify suppliers due to South Korea-Japan spat
SEOUL (Reuters) – South Korea’s LG Display Co Ltd (034220.KS) said it is looking to diversify its supplier base as it prepares for expanded trading curbs from Japan on some display-making materials which threaten to impact the broader tech industry. FILE PHOTO: A man walks out of the headquarters of LG Display in Seoul, October Read More