The household products maker reported earning of $1.26 per share, two cents a share below estimates.
*June consumption up 0.4 pct vs est. 0.3 pct. Aug 2- U.S. stocks were set to open lower on Tuesday as investors assessed earnings reports and economic data. "I think they are just following the rest of the global markets, like Japan and Europe," said Peter Cardillo, chief market economist at First Standard Financial in New York.
TOKYO, Aug 2- Japan's Nidec Corp said it would buy Emerson Electric Co's motors and electric power generation unit for $1.2 billion, seeking to expand its industrial and commercial businesses as the market for consumer goods such as smartphones and laptops slows. Private equity group Clayton Dubilier& Rice, Wolong Electric and another Chinese company had...
TOKYO, Aug 2- Japan's Nidec Corp said it would buy U.S. Emerson Electric Co's motors and electric power generation unit for $1.2 billion, seeking to expand its industrial and commercial businesses as the market for consumer goods such as smartphones and laptops slows. Highly acquisitive Nidec said the business has a solid customer base, particularly in Europe...
LONDON, July 29- Consumer goods maker Reckitt Benckiser has ramped up its efforts to sell items such as condoms and vitamins online, aiming to capture new revenue streams as traditional markets get more competitive. Reckitt's own Durex condom website in China is already its single largest customer in the world's fastest-growing e-commerce market, doubling...
LONDON, July 29- Consumer goods maker Reckitt Benckiser Group toned down its full-year sales outlook after second-quarter growth missed estimates due to a scandal over humidifier sanitisers in South Korea. Amid the scandal, South Korean retailer Lotte Mart stopped ordering any products from Reckitt, contributing to a sharp decline in the country, which made...
Colgate-Palmolive on Thursday posted second-quarter earnings that were better than expected by a penny a share.
Lumber Liquidators' quarterly sales fell for the fifth straight quarter as the company struggles to convince customers its hardwood flooring is safe.
Lumber Liquidators, Viacom and Revlon are making headlines this Friday morning.
A Chinese laundry detergent maker apologized for the harm caused by the spread of an ad in which a black man "washed" by its product.
Mayborn USA is recalling some of its cups for children between four- and twelve-months old due to risk of mold.
More than 3 million cups for children are being recalled by Mayborn USA because of the risk of mold that could cause sickness.
The company's new machine is expected to be quieter than traditional hair dryers and protect hair from extreme heat damage.
The single-serve coffee business shows at-home carbonated device sales could boom as competition ramps up, Sodastream CEO Daniel Birnbaum said.
Method emerged as a startup, and is taking on big companies to sell soap, dish washing detergent and cleaning products. CNBC goes inside the San Francisco headquarters.
Japan's households opened their wallets a bit wider than expected in May, with household expenditures jumping for the first time in more than a year.
Online shopping has arrived in North Korea, even though citizens of the isolated country have no access to the Internet.
Those days of pounding the bottom of that ketchup bottle may be over if a new product succeeds in hitting the mainstream.
Amazon's new line of diapers and baby wipes only raises merchants' fears it plans to compete directly with sellers on its site. Re/code reports.
Fears that Russia's economic downturn will ravage European multinationals may have been overstated in some cases, with companies that sell beer and soap defying expectations.