Consumer Staples Household and Personal Products

  • Diabetes emerging trend in drug development

    Alex Gunz, fund manager at Heptagon Capital, explains why he favors Novo Nordisk and Tupperware, saying that emerging markets are key to their success.

  • The Wall Street Journal reports the Honest Company may be acquired by the maker of Dove soap for a price below its $1.7-billion valuation.

  • Jerry Brown on Tuesday rejected an attempt to waive taxes on tampons and other feminine hygiene products along with other proposed tax breaks, saying lawmakers should propose such ideas as part of the annual state budget process rather than as one-off exceptions. Women lawmakers had hoped to make California the latest state to scrap the so-called "tampon tax,"...

  • Theresa Michele, director of the FDA's division of nonprescription drug products, told reporters on a conference call. FDA spokeswoman Andrea Fischer and Brian Sansoni, of the American Cleaning Institute, which represents multiple cleaning products companies, were unable to identify the products most affected by Friday's ruling. The FDA had proposed...

  • Theresa Michele, director of the FDA's division of nonprescription drug products, told reporters on a conference call. "A small quantity of our bar soap in Puerto Rico, where FDA rules also apply, is being reformulated," he said. The American Cleaning Institute, which represents cleaning products companies, including Dial Corp, a unit of Germany's Henkel, Ecolab Inc...

  • PARIS, Sept 2- Louis Vuitton has launched its first perfume range since the founding merger of its parent LVMH in 1987, targeting middle-income shoppers amid a downturn in luxury spending. Until now, shoppers on more modest incomes have only been catered for by Louis Vuitton's key chains and very small leather goods, costing around 200- 300 euros apiece.

  • *Unilever, L'Oreal, Beiersdorf going halal in Indonesia. *Companies say Indonesia could influence other Muslim markets. LONDON/ JAKARTA, Sept 2- Some of the world's biggest consumer groups are making halal face creams and shampoos for Indonesia ahead of a new labeling law, part of a broader push to cater to growing Muslim populations as sales in many Western...

  • Mark Zuckerberg to unveil his robot butler

    The Facebook CEO says he could demo his personalized AI assistant as soon as next month.

  • Aug 29- Bubble Wrap maker Sealed Air Corp could consider selling or spinning off its floor cleaning products unit but is in no hurry to make a decision, Chief Executive Jerome Peribere said. Diversey, Sealed Air's second-biggest business by revenue, was acquired in 2011 by Peribere's predecessor, William Hickey, in a $4.3 billion deal. The answer is not...

  • NEW YORK, Aug 23- Procter& Gamble Co's Gillette unit on Tuesday sued the maker of Schick razors, claiming it falsely marketed a line of private label three-blade razors and cartridges as being equal to or better than its popular Mach3. Gillette said tests of men aged 18 to 55 showed that razors from Edgewell Personal Care Co created a "statistically significant...

  • *2nd- qtr profit $0.23/ shr vs est. Aug 17- Teen apparel retailer American Eagle Outfitters Inc reported a bigger-than-expected rise in quarterly comparable sales, largely due to strong demand for its Aerie line of lingerie and personal care products. "We credit the stock decline this morning as a result of high expectations, and see it as a good buying opportunity,"...

  • Aug 17 (Reuters)- Teen apparel retailer American Eagle Outfitters Inc reported a bigger-than-expected rise in quarterly comparable sales, largely due to strong demand for its Aerie line of lingerie and personal care products. "I think it was a good report," Nomura analyst Simeon Siegel said. American Eagle's net income rose to $41.6 million, or 23 cents per share, in...

  • Aug 17- Teen apparel retailer American Eagle Outfitters Inc reported a bigger-than-expected rise in quarterly comparable sales, largely due to strong demand for its Aerie line of lingerie and personal care products. American Eagle's net income rose to $41.6 million, or 23 cents per share, in the quarter from $33.3 million, or 17 cents per share, a year earlier.

  • *Q4 net loss $31 mln vs. net income of $21 mln last year. Coty, on track to close its $13 billion acquisition of P&G's beauty portfolio in October, said acquisition costs more than doubled to $90.2 million in the fourth quarter, from a year earlier. The company's sales were boosted by acquisitions and a rebound in demand for its perfumes including licensed brands such...

  • *Q4 net loss $31 mln vs. net income of $21 mln last year. Coty, on track to close its $13 billion acquisition of P&G's beauty portfolio in October, said acquisition costs more than doubled to $90.2 million in the fourth quarter, from a year earlier. Excluding these costs, however, the company earned 13 cents per share in the quarter ended June 30.

  • *Q4 net loss $31 mln vs. net income of $21 mln last year. Coty, on track to close its $13 billion acquisition of P&G's beauty portfolio in October, said acquisition costs more than doubled to $90.2 million in the fourth quarter, from a year earlier. Excluding these costs, however, the company earned 13 cents per share in the quarter ended June 30.

  • Aug 16- Beauty products maker Coty Inc reported its biggest rise in quarterly sales since going public in 2013, helped by a rebound in demand for its perfumes including licensed brands such as Marc Jacobs and Calvin Klein. Sales in the company's perfume business rose nearly 2 percent to $422.2 million, their first rise in two years, as demand picked up in the...

  • Aug 16- Beauty products maker Coty Inc's quarterly revenue rose 5.5 percent, driven by higher perfume sales. The net loss attributable to Coty was $31 million, or 9 cents per share, in the fourth quarter ended June 30, compared with a profit of $21 million, or 5 cents per share, a year earlier, when the company had a tax benefit. Total revenue rose to $1.08 billion from...

  • Penney Co Inc reported a smaller-than-expected quarterly loss on Friday, helped by demand for home goods and footwear and a strong performance by the Sephora beauty products shops in its stores. The department store operator joined Macy's Inc and Kohl's Corp in reporting better-than-expected results, although expectations were low for all three.

  • Penney Co Inc reported a 2.2 percent rise in comparable store sales, helped by demand for home goods and footwear and a strong performance by the Sephora beauty products shops in its stores. The company's net loss narrowed to $56 million, or 18 cents per share, in the second quarter ended July 30, from $117 million, or 38 cents per share, a year earlier.