Tuesday, October 10, 2017

Advil, Centrum and ChapStick on shopping block

Pfizer is considering a sale or spinoff of its consumer products division as the company focuses more on its prescription drug business, which includes the blockbuster Lipitor treatment.
CNNMoney Markets Now
 
Dow Nasdaq S&P
+69.61   +7.52   +5.91
22,830.68   6,587.25   2,550.64
+0.31%   +0.11%   +0.23%
YTD +15.52%   YTD +22.37%   YTD +13.93%
 
Biggest Winners
American Airlines Group Inc +4.80%
 
United Continental Holdings Inc +4.67%
 
Wal-Mart Stores Inc +4.47%
 
Micron Technology Inc +2.49%
Biggest Losers
Apache Corp -7.39%
 
Chesapeake Energy Corp -6.68%
 
Symantec Corp -3.19%
 
Best Buy Co Inc -3.17%
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Key Market Stats Latest Today's Change
Oil $50.89 -0.03 / -0.06%
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10-yr 2.34% -0.02 / -0.68%
Euro $1.18 +0.01 / +0.58%
News: What you need to know about the markets
 
 
Advil, Centrum and ChapStick on shopping block
Pfizer is considering a sale or spinoff of its consumer products division as the company focuses more on its prescription drug business, which includes the blockbuster Lipitor treatment. Read more »
 
Trump's pick for Fed chair might not be an economist
His advisers have narrowed the list to about five candidates, a person familiar with the process says. Read more »
 
How Trump's tax plan could backfire on Wall Street
Wall Street is excited about Trump's promise to slash corporate taxes. But some fear that euphoria may be overdone. Read more »
 
Food fight! Germany's HelloFresh files for IPO
HelloFresh joins a crowded market for food delivery services. The U.K.-based food provider Bakkavor, which sells its products to big grocery chains, is looking to go public too. Both hope to do better than Blue Apron did after it went public. Read more »
 
Spanish business chief: Catalonia split would be a 'disaster'
The head of Spanish wine maker Freixenet, who also leads Spain's chamber of commerce, says independence for Catalonia would be a 'disaster.' Read more »
 
Why Howard Schultz is making videos about the American Dream
Starbucks is launching a new season of its Upstanders documentary series. Howard Schultz is looking to tell stories of average Americans showing empathy and compassion in an increasingly polarized world. Read more »
 
 
 
 
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