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The S&P 500 tech index, which led last year with a 37-percent rise, is up more than 15 percent so far this year. The consumer discretionary index, which includes Amazon and Netflix, is up about 14 percent, and sits at No. 2. To view a graphic on Sector Performance, click: reut.rs/2NN7AMB. Even as U.S. President Donald Trump escalates a trade war with China that could hurt U.S. consumers and companies, investors have remained largely optimistic about stocks, pointing to corporate tax cuts that are boosting profits and share buybacks.

S&P 500 companies are expected to post 20.9 percent earnings per share growth for the second quarter, according to Thomson Reuters data, Technology earnings are seen rising 25.5 percent, while consumer discretionary profits are seen up 16.1 percent, helped by Amazon.com and Netflix, Stock valuations are more reasonable now than back in January, with the S&P 500 price-to-earnings multiple at 16, roughly its five-year average, It was above 18 ireland dog coin cufflinks hand painted | uk in January when stocks began tumbling, The FANGs are far pricier than the wider market, however, with Netflix at 111 times expected earnings, Amazon at 106, Alphabet at 25 and Facebook at 24, which places even greater focus on their earnings and forecasts in the weeks ahead..

“These companies would be revalued if, for whatever reason, their earnings or revenue growth really began to wane. But right now, it’s not the case,” said Rick Meckler, a partner at Cherry Lane Investments, a family investment office in New Vernon, New Jersey. “They have the kind of top-line growth that is the envy of the rest of the companies in the S&P 500.”. Fueled by massive spending on shows like “Altered Carbon” and “O Mecanismo”, Netflix has said it expects to have added 6.2 million new subscribers in the June quarter.

KUALA LUMPUR (Reuters) - Nestle’s (NESN.S) membership in the Roundtable on Sustainable Palm Oil (RSPO) has been reinstated three weeks after it was suspended, according to ireland dog coin cufflinks hand painted | uk a joint statement issued by the company and the industry watchdog, “The RSPO today reinstated Nestle’s membership following the submission of its time-bound action plan to achieve 100 percent RSPO certified sustainable palm oil by 2023,” said the statement, adding that the Swiss food group’s certificates and membership status will be reinstated effective Monday..

“Nestle has pledged to step up their efforts in working actively on solutions within the RSPO system .. It’s with this in mind that we are welcoming Nestle back to the roundtable.”. Nestle’s membership was suspended on June 27 as it failed to submit a report detailing how it would ensure the use of certified sustainable palm oil. The RSPO had said then that members are required each year to specify their actions taken over the previous 12 months and plans for the coming year and longer term on how they will produce or buy certified sustainable palm oil in a report.

Palm oil, largely produced in Southeast Asia, is used widely in everything from cooking oil and soap to chocolates, The industry has ireland dog coin cufflinks hand painted | uk come under scrutiny in recent years, as it has been blamed for deforestation and forest fires that cause haze across much of Southeast Asia, The RSPO is a body of palm producers, consumer companies, and activist groups that provides sustainability certificates for the industry, Certification of environmentally sound behavior is required by some major palm buyers in the West, including major food and candy makers such as Nestle, Unilever and Mars..

FARNBOROUGH, England (Reuters) - The overhaul at U.S. industrial giant General Electric Co (GE.N) is not a constraint for its aviation arm, “in fact I feel it’s the very opposite,” the head of GE Aviation said on Monday. Following a year-long strategic review, GE said last month it would spin off its healthcare business and divest its stake in oil-services firm Baker Hughes (BHGE.N), effectively breaking up the 126-year-old conglomerate. “The changes in GE unlock if anything more capability out of GE Aviation. I don’t feel any constraints relative to what has happened in the past year - in fact I feel the very opposite,” David Joyce, CEO of GE Aviation and vice chairman of GE, told a news briefing at the Farnborough Airshow.

“We don’t feel we are under a ireland dog coin cufflinks hand painted | uk lot more pressure than we were before.”, Asked about Boeing’s plans for a new twin-aisle mid-market aircraft, Joyce said he expected a formal decision from Boeing in response to engine offers in 2019, Joyce said, in reply to a question, that he had not yet managed to reconcile the various views on market forecasts for the middle of the jetliner market, The business case for potential engine manufacturers would depend on how many variants Boeing plans to offer, he said..

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