Stock Headlines: Procter & Gamble Co. (NYSE: PG), American Express (NYSE: AXP), Amazon (NASDAQ: AMZN), Capital One (NYSE: COF)

Procter & Gamble Co. (NYSE: PG), the maker of Pampers diapers and Pantene shampoo, is in talks to buy part of the Sara Lee Corp. (NYSE: SLE) international household products unit, according to people familiar with the discussions. P&G is mainly interested in the division’s air-care business, which makes Ambi Pur air fresheners, said the people, who declined to be identified because the talks are private. Sara Lee prefers to find one buyer for the entire unit, which also includes insecticide and Kiwi shoe polish, they said. –Bloomberg

American Express (NYSE: AXP) is projected to report a 49% drop in earnings to 38 cents a share, and Capital One (NYSE: COF) earnings are likely to slide 86% to 14 cents a share, according to a Thomson Reuters poll of analysts. –Marketwatch

Microsoft Corp. (NAASDAQ: MSFT) put a new edition of Windows on sale Thursday, hoping for a fresh start after a bad reception for the previous version of the software that runs most of the world’s personal computers.Windows 7 is now available on new computers, and as a software upgrade for some older PCs. -Forbes

Netflix (NASDAQ: NFLX) is foreseen posting a 38% climb in earnings to 45 cents a share for its third quarter on a 23% revenue increase to $419 million, according to a FactSet Research survey. -Marketwatch

The dollar rose on Thursday and the euro retreated from a 14-month high as most investors bet the greenback’s recent sharp slide against major currencies had been too far, too fast. The dollar hit a one-month peak at 91.70 yen while commodity-linked currencies such as the Australian dollar retreated from a near 15-month high and stocks and oil fell. Since April, the dollar has lost nearly 12 percent against six major currencies .DXY, with heavy selling in recent weeks pushing it to the lowest in more than a year. –Reuters

Investors during Thursday evening’s trading session will look for online retailer Amazon.com Inc. to post an increase in quarterly earnings and sales on growth of its flagship media business. Amazon (NASDAQ: AMZN) third-quarter earnings are expected to rise to 33 cents a share from 27 cents a share from the year-ago period, according to analysts polled by FactSet Research. Sales are forecast to jump 18% to $5.01 billion. Operating income is also forecast to rise, by 26% to $193.7 million. –Marketwatch

-Jutia Group