On Friday, Shares of Procter & Gamble Co (NYSE:PG), lost -1.69% to $68.75.
Jon R. Moeller, Chief Financial Officer of The Procter & Gamble Company (PG) will be a featured speaker at the Barclays Back-to-School Consumer Conference in Boston, Thursday, September 10, 2015 at 8:15 a.m. ET.
The Procter & Gamble Company, together with its auxiliaries, manufactures and sells branded consumer packaged products worldwide. It operates through five segments: Beauty, Hair and Personal Care; Grooming; Health Care; Fabric Care and Home Care; and Baby, Feminine and Family Care.
Shares of Dollar Tree, Inc (NASDAQ:DLTR), inclined 1.63% to $68.09, during its last trading session, after an upgrade to “buy” from “neutral” at Bank of America/Merrill Lynch.
Dollar Tree attained discount store operator Family Dollar (FDO) in July, and BofA/Merrill Lynch said it thinks the company’s synergy target is “conservative” and integration benefits are “under-appreciated” by the market.
Dollar Tree faces integration risk as it integrates upwards of 8,000 Family Dollar stores, but lower gas prices, a weakened Chinese currency and improved employment and wages should positively impact the company, according to BofA/Merrill Lynch.
Additionally, on Tuesday the company posted earnings of 67 cents per share on revenue of $3.01 billion. Its earnings results were ahead of analysts’ estimates of earnings of 62 cents a share on revenue of $3.04 billion.
Dollar Tree, Inc. operates discount variety stores in the United States and Canada. Its stores offer merchandise at the fixed price of $1.00. The company’s stores provide consumable merchandise, which comprises candy and food, and health and beauty care products; and everyday consumables, such as paper and chemicals, and frozen and refrigerated food.
Finally, VeriFone Systems Inc (NYSE:PAY), ended its last trade with -4.72% loss, and closed at $29.58.
VeriFone Systems Inc, release the third quarter earnings results.
The secure electronic payment solutions provider stated third quarter earnings of 47 cents per share on revenue of $510 million.
Analysts on average were expecting the company to report earnings of 46 cents per share on revenue of $500.79 million.
Despite the strong results, Verifone is falling on weak current quarter earnings guidance between 47 cents and 48 cents per share as compared to analysts’ 51 cent per share expectations.
VeriFone Systems, Inc. designs, markets, and services electronic payment solutions at the point of sale (POS) worldwide. It provides countertop electronic payment systems that accept card payment options, such as NFC, mobile wallets, chip and PIN, and contactless payments, in addition to support credit and debit card, EBT, EMV, and other PIN-based transactions; and a portfolio of application libraries and development tools.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.
