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Levi Strauss (LEVI) has announced a quarterly profit of 37 cents per share and a turnover of $ 1.44 billion in its first quarterly report since its initial public offering. Revenues increased by 7% compared to the same quarter of the previous year.
Procter & Gamble (PG) increased its quarterly dividend from four cents to 75 cents per share, marking the 63rd consecutive year in which the consumer products giant increased its quarterly payments.
Netflix (NFLX) is in talks to buy Egyptian theater in Hollywood, according to the Los Angeles Times. The venue is best known for organizing screenings and special events, and some see in the discussions an attempt by Netflix to be loved on the more traditional side of the film industry.
According to a report in the Financial Times, AT & T (T) is considering the sale of its HBO Europe unit to reduce its debt. The report states that Sky, which belongs to Comcast (CMCSA), the parent company of NBCUniversal, would be an "obvious buyer".
A bankruptcy judge has postponed a decision on whether the PG & E California Public Service (PCG) can pay bonuses of up to $ 350 million in bonuses to 10,000 employees. The judge said he wanted more details on public service projects to prevent future California wildfires.
Nordstrom (JWN) was strengthened to move from "sector weighting" to KeyBanc, with the company citing several factors, including its valuation.
Novartis (NVS) was downgraded to Morgan Stanley to become "underweight" over "equivalent", indicating that the pharmaceutical manufacturer faces challenges in its pharmaceutical sector following the split of its Alcon eye care (ALC).
JD.com (JD) has denied reports that it plans to cut its workforce by eight percent. The information had announced plans for the e-commerce company in China to remove up to 12,000 jobs.
WD-40 (WDFC) has announced a quarterly profit of 1.14 USD per share, exceeding the estimates of two cents, but the lubricant manufacturer's revenues have not matched the Wall Street forecasts.
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