Newsfeeds Archive - Page 3 of 12

2 minute read

Ohio GOP Lawmakers Say Adult-Use Cannabis Sales Rules Could Be Ready In Spring, Promise ‘Real Progress’

January 29, 11:04 AM

Although Ohio voted in favor of legalizing recreational cannabis over two months ago, marijuana sales have yet to commence. This is because there have not been any rules defined regarding the legal sales of the recreational drug. According to Speaker of the Ohio House, Jason Stephens, he is working towards achieving a resolution on this issue in the spring. The Senate President, Matt Huffman, is also optimistic that the groups will reach a resolution on this matter within the next month. Several competing bills have been put forward, with both House Bill 86 and House Bill 354 looking to address the issue.

2 minute read

Investor Sentiment Decreases Slightly Following PCE Inflation Data; S&P 500 Snaps Six-Session Win Streak

By Avi Kapoor

January 29, 5:14 AM

The CNN Money Fear and Greed index showed a slight decline in the overall market sentiment, but the index remained in the "Extreme Greed" zone on Friday.

AXP

3 minute read

Nasdaq Down Over 50 Points; Colgate-Palmolive Posts Upbeat Results

By Avi Kapoor

January 26, 3:32 PM

U.S. stocks traded mixed toward the end of trading, with the Nasdaq Composite falling over 50 points on Friday The Dow traded up 0.05% to 38,069.66 while the NASDAQ fell 0.4% to 15,447.78. The S&P 500 also fell, dropping, 0.15% to 4,886.79.

APPF

1 minute read

Oral Care Giant Colgate-Palmolive Plans High Brand Investment In 2024 After Beating Q4 Earnings With Solid Margins

By Nabaparna Bhattacharya

January 26, 11:26 AM

Colgate-Palmolive, reporting Q4 FY23 earnings, plans substantial brand investment in 2024 after exceeding expectations, with a strong focus on oral care leadership and global market share growth.

3 minute read

Nasdaq Futures Slip Ahead Of Key Inflation Data As Tech Setbacks Sap Sentiment, But Analyst Believes Recession Fears Are Fading

By Shanthi Rexaline

January 26, 8:40 AM

However, bond market activity suggests traders are beginning to factor in the possibility of rate cuts throughout the year.

AXP

1 minute read

Intel, American Express And 3 Stocks To Watch Heading Into Friday

By Avi Kapoor

January 26, 5:18 AM

With U.S. stock futures trading lower this morning on Friday, some of the stocks that may grab investor focus today are as follows:

AXP

2 minute read

Investor Sentiment Increases Further Following GDP Report; S&P 500 Gains For Sixth Day

By Avi Kapoor

January 26, 5:18 AM

The CNN Money Fear and Greed index showed further increase in overall market sentiment, while the index remained in the "Extreme Greed" zone on Thursday. U.S. stocks closed higher on Thursday, with the S&P 500 recording gains for the sixth consecutive day and notching another all-time closing record.

AAL

2 minute read

Earnings

Earnings Scheduled For January 26, 2024

By Benzinga Insights

January 26, 5:10 AM

Companies Reporting Before The Bell • Autoliv (NYSE:ALV) is projected to report quarterly earnings at $3.23 per share on revenue of $2.75 billion.

ALV

3 minute read

Record-Breaking Cannabis Sales In Ohio Mask Stagnating Growth Rate: What’s Behind The Numbers?

By Jelena Martinovic

January 25, 2:48 PM

Sales of medical cannabis in Ohio reached a new record high in 2023, with $484.4 million worth of products sold, but the growth rate of sales has been in decline, increasing by only 1.2% compared to the previous year.

1 minute read

Earnings

Earnings Preview: Colgate-Palmolive

By Benzinga Insights

January 25, 10:00 AM

Colgate-Palmolive (NYSE:CL) is set to give its latest quarterly earnings report on Friday, 2024-01-26. Here’s what investors need…