FTSE 100 tracks global stocks lower; AB Foods, Sage buck losses

Tracking losses for global stocks, the FTSE 100 fell Thursday, with oil and bank sectors leading decliners, while Sage Group PLC and Primark owner Associated British Foods PLC led the gainers. SGE, +5.60% Politics continues to weigh on the mind of investors. Prime Minister Theresa May survived a no-confidence vote, freeing her to restart her negotiations with the European Union […]

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Who spreads the most fake news on Facebook? These two groups of people

WASHINGTON (AP) — Sharing false information on Facebook FB, +1.19%  is old. People over 65 and ultra conservatives shared about seven times more fake information masquerading as news on the social media site than younger adults, moderates and super liberals during the 2016 election season, a new study finds. The first major study to look at who is sharing links […]

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Herman Miller stock rallies as results, outlook top Street view

Herman Miller Inc. MLHR, -1.43% shares rose in the extended session Wednesday after the furniture maker’s quarterly results and outlook topped Wall Street estimates. Herman Miller shares rallied 7.9% after hours, following a 1.4% decline to close the regular session at $30.27. The company reported fiscal second-quarter net income of $39.3 million, or 66 cents a share, compared with $33.5 […]

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Johnson & Johnson says Reuters report on asbestos in baby powder is ‘false and inflammatory’

Johnson & Johnson JNJ, -9.91% said a Reuters report alleging that the drugs and consumer products company knew that its baby powder contained the carcinogen asbestos is "one-sided, false and inflammatory." "Johnson & Johnson’s baby powder is safe and asbestos-free," the company said in a statement. "Studies of more than 100,000 men and women show that talc does not cause […]

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Harley-Davidson sales decline worsened in October and November, new product needed: Wedbush

Harley-Davidson Inc. HOG, -0.78% sales worsened after September based on channel checks conducted by Wedbush analysts, with dealer contacts estimating declines in the mid-single digits in October and high-single digits in November. The decline was low-single digits in September. "The promised new product push can’t come soon enough, and we worry that worsening declines between now and next fall will […]

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Johnson Outdoor’s stock tumbles after swinging to a loss, surprise sales decline

Shares of Johnson Outdoors Inc. JOUT, -11.35% tumbled 13% in afternoon trade Friday, after the seller of outdoor recreation equipment swung fiscal fourth-quarter loss, on a surprise decline in sales. The net loss for the quarter to Sept. 28 was $4.96 million, or 49 cents a share, after a profit of $589,000, or 6 cents a share, in the same […]

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Smith & Wesson gun maker stock soars 15% after earnings and revenue beat

American Outdoor Brands Corp. AOBC, +3.30% shares surged 15% in the extended session Thursday after the company beat Wall Street earnings and revenue expectations. The Smith & Wesson gun maker reported fiscal second-quarter net income of $6.7 million, or 12 cents a share, compared with $3.2 million, or 6 cents a share, in the year-ago period. Adjusted for items such […]

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Hertz shares rally as third-quarter earnings crush expectations

Hertz Global Holdings Inc.’s HTZ, -1.39% stock jumped in Thursday’s extended session after the car rental company posted quarterly results that exceeded Wall Street’s expectations. Hertz reported its third-quarter earnings rose to $141 million, or $1.68 a share, from $93 million, or 93 cents a share, a year earlier. On an adjusted basis, the company would have earned $2.14 a […]

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