Stock Market News for Oct 20, 2022

01:31pm, Thursday, 20'th Oct 2022 Zacks Investment Research
U.S. stocks ended lower on Wednesday despite another batch of mostly impressive earnings reports, as a rise in Treasury yields failed to sustain the rally that started earlier this week.
Earnings season is upon us as companies announce financial results for the third quarter of 2022. The high inflation and rising interest rate environment has caused consumer sentiment to slow down, an
U.S. stocks have advanced since the start of the week as the third quarter earnings reporting season has gotten off to a strong start, with the big banks and other large firms surpassing analysts' exp
Unilever PLC (LSE:ULVR) and Reckitt Benckiser Group PLC (LSE:RKT, ETR:3RB) will both be updating the market with trading updates next week. Results elsewhere today suggest they should be coping with i

Market Volatility Increases As Dow Drops 100 Points

05:40am, Thursday, 20'th Oct 2022 Benzinga
U.S. stocks closed lower on Wednesday, after recording gains in the previous sessions. Investors assessed earnings reports from several companies, as Procter & Gamble (NYSE: PG) reported better-than-e

Procter & Gamble Remains A Buy After Above-Expectations Q1 Earnings

04:45am, Thursday, 20'th Oct 2022 Seeking Alpha
Procter & Gamble noted it expects Q1 FY 2023 EPS results to be towards the low end of its FY guidance range. Why do I still rate PG stock as a BUY? Find out.
Procter & Gamble's Q1 FY 2023 non-GAAP adjusted EPS grew by +29.8% QoQ and beat the analysts' consensus forecast by +1.3%. PG's organic sales growth and profit margins for the first quarter of the cur

The Earnings Picture Is Good Enough, So Far

11:00pm, Wednesday, 19'th Oct 2022 Zacks Investment Research
The picture emerging from the 2022 Q3 earnings season belies pre-season fears of an impending earnings cliff. The overall corporate profitability picture isn't great, but it isn't bad either.
U.S. stocks ended a choppy session lower on Wednesday as another batch of mostly positive corporate earnings was offset by an ongoing rise in Treasury yields.

The Earnings Picture Is Good Enough, So Far

08:26pm, Wednesday, 19'th Oct 2022
The picture emerging from the 2022 Q3 earnings season belies pre-season fears of an impending earnings cliff. The overall corporate profitability picture isn't great, but it isn't bad either.

Dow Dips 150 Points; Nasdaq Down 1%

06:23pm, Wednesday, 19'th Oct 2022 Benzinga
U.S. stocks traded lower toward the end of trading, with the Dow Jones dropping around 150 points on Wednesday. The Dow traded down 0.53% to 30,362.09 while the NASDAQ fell 1.04% to 10,660.20. The S&P

U.S. Housing Starts Declined in September

02:57pm, Wednesday, 19'th Oct 2022 Zacks Investment Research
U.S. Housing Starts Declined in September

Pre-Markets Give Some Back; Housing Starts Lower; PG, ABT Beat

02:35pm, Wednesday, 19'th Oct 2022 Zacks Investment Research
The markets seem in a mood to give back some of the boon they've garnered over the past 3 of 4 sessions.

Procter & Gamble (PG) Shares Rise on Q1 Earnings & Sales Beat

02:35pm, Wednesday, 19'th Oct 2022 Zacks Investment Research
Procter & Gamble's (PG) Q1 results reflect gains from robust pricing and a favorable mix, as well as productivity savings, amid cost and currency headwinds.
A stalwart in the household goods sector, Procter & Gamble (NYSE: PG ) finally demonstrated some of its fundamental resilience when it posted an earnings beat for its fiscal first quarter. The company
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