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Why Are Procter & Gamble (PG) Shares Soaring Today

Shares of consumer products behemoth Proctor & Gamble (NYSE:PG) jumped 5.2% in the morning session after the company reported second-quarter results with EPS exceeding Wall Street's expectations. Looking ahead, full year EPS guidance was raised and now stands above Consensus expectations. On the other hand, volume and organic growth missed, leading to a slight revenue miss. Despite this, Proctor & Gamble maintained its top-line outlook for the full year with expectations for growth in the two to ....

Procter Gamble , What Happened , Wall Street , Consensus Expectations ,

Mission Produce (NASDAQ:AVO) Misses Q4 Sales Targets

Avocado company Mission Produce (NASDAQ:AVO) missed analysts' expectations in Q4 FY2023, with revenue up 8.4% year on year to $257.9 million. It made a non-GAAP profit of $0.11 per share, down from its profit of $0.13 per share in the same quarter last year. ....

United States , Steve Barnard , International Farming , Mission Produce , Cash Flow , Wall Street , Sales Targets , Consensus Expectations ,

Marketmind: UK inflation to test market's upbeat mood

Just one-tenth of a percentage point was enough to trigger big moves in global markets that were some of the sharpest we've seen this year. The U.S. CPI came in flat for last month, against consensus expectations of a 0.1% rise. Next up is British inflation data, due at 0700 GMT. ....

Israel General , United Kingdom , United States , Edmund Klamann , Al Shifa , Tom Westbrook , Tom Wesbtrook , Al Jazeera , Siemens Energy , Middle East , President Xi Jinping , President Joe Biden , San Francisco Bay , Global Markets , Tom Westbrook , Consensus Expectations , Headline Inflation , Siemens Energy , Percentage Point , Inflation Data ,

JPMorgan says the stock market's biggest driver will be weaker than expected going forward

"After more than a decade of easy money, we believe there are many known risks, but even greater unknowns that have yet to surface," JPMorgan said. ....

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