WASHINGTON (Reuters) - Sales of new U.S. single-family homes tumbled to their lowest level in eight months in March, dashing hopes for a quick turnaround for a sector that fell into a soft patch last summer.
Shares soared for SodaStream (SODA) after a report surfaced that Starbucks (SBUX) is in advanced talks to buy 10% of the Israel-based home carbonation products business.
Procter & Gamble�which produces Pampers diapers and Tide detergent, among several other big-name consumer products brands�has again started to focus more on higher-priced premium offerings and core household and personal-care products.
CHICAGO, Apr 23, 2014 (BUSINESS WIRE) -- Fitch Ratings has placed the ratings for Allergan Inc. (Allergan), including the 'A+' Issuer Default Rating (IDR), on Rating Watch Negative.
Wall Street's six-day win streak is in jeopardy on Wednesday as the bulls hit the pause button after disappointing housing data and mixed earnings reports.