US: Consumer Goods

More

• UPDATE 2-Newell's profit up, Americas push planned for 2013

  Feb 1- Newell Rubbermaid Inc reported a better-than-expected fourth-quarter profit on Friday, but gave a forecast that 2013 could fall short of Wall Street expectations as the consumer products maker spends more on advertising to increase business in North American and emerging markets.

• Apple pips Samsung for mobile phone sales lead in fourth quarter

  SAN FRANCISCO, Feb 1- Apple Inc became the top mobile phone seller for the first time in the lucrative U.S. market during the fourth quarter of 2012, outshining arch rival Samsung Electronics Co Ltd, a report by Strategy Analystics showed.

• Electrolux Pins Growth on Emerging Markets, US

  Swedish home appliances maker Electrolux said booming emerging markets and an improvement in North America would help offset poor sales and price pressure in Europe in 2013.

• UPDATE 2-Electrolux pins 2013 growth on emerging markets, U.S.

  STOCKHOLM, Feb 1- Swedish home appliances maker Electrolux said booming emerging markets and an improvement in North America would help offset poor sales and price pressure in Europe in 2013 after posting a smaller-than-expected rise in fourth-quarter earnings.

• UK manufacturing grows modestly in Jan, output rises strongly -PMI

  LONDON, Feb 1- Britain's manufacturing sector expanded modestly in January as output grew at the fastest pace since September 2011, offering a small boost to an economy flirting with recession, a survey showed on Friday.

• Sony ignites talk of PS4 unveil with Playstation meeting

  TOKYO, Feb 1- Sony Corp will this month host its first major Playstation meeting in two years, sparking a flare-up in online speculation the Japanese consumer electronics giant is preparing to unveil the successor to its 70 million-selling PS3 games console. Sony declined to say whether it would release a new product at the meeting in New York on Feb. 20. "

• BlackBerry shares slide as new devices face uphill battle

  NEW YORK, Jan 31- The afterglow of Research In Motion Ltd's BlackBerry 10 unveiling faded on Thursday as a flurry of lukewarm reviews signaled the company's struggle to regain momentum in the hyper-competitive smartphone market was just beginning.

• UPDATE 3-Whirlpool hopeful about 2013 after cost cuts boost profit

  *Sees 2013 profit of $9.25- $9.75/ share vs $9.17 estimate. Jan 31- Whirlpool Corp reported a higher-than-expected quarterly profit and gave a strong outlook for 2013 on Thursday as price increases and cost cuts helped the world's largest appliance maker counter lackluster demand in Europe and North America.

• Hhgregg fiscal 3Q drops 23 percent

  INDIANAPOLIS-- Regional consumer electronics chain Hhgregg said Thursday that net income fell 23 percent in the key holiday quarter, hurt by weak video game sales. Hhgregg has been expanding beyond consumer electronics into other categories. Net income for the fiscal third quarter ended Dec. 31 fell 23 percent to $17.4 million, or 51 cents per share.

• UPDATE 2-Cost cuts help Whirlpool counter weak demand

  *Quarterly profit of $2.29 per share before items vs estimate $2.23. *Sees 2013 profit of $9.25- $9.75/ share vs $9.17 estimate.

• UPDATE 1-Whirlpool quarterly profit tops estimates; sales miss

  Jan 31- Whirlpool Corp reported a higher-than-expected quarterly profit on Thursday as price increases and cost cuts helped the world's largest appliance maker counter lackluster demand in Europe and North America. Whirlpool said fourth-quarter net earnings had fallen to $122 million, or $1.52 a share, from $205 million, or $2.62 a share, a year earlier.

• Whirlpool quarterly profit tops estimates; sales miss

  Jan 31- Whirlpool Corp reported a higher-than-expected quarterly profit as price increases and cost cuts helped the world's largest appliance maker counter lackluster demand in Europe and North America.

• Chipmaker Intel faces long march to mobile salvation

  Jan 31- Intel Corp, the world's biggest chipmaker, opened a new front on Thursday in a long and stuttering campaign to get its processors into mobile phones, although it appears to still have a long way to go.

• UPDATE 4-Qualcomm profit beats street, raises guidance; shares rise

  NEW YORK, Jan 30- Qualcomm Inc, the world's leading supplier of chips for cellphones, reported quarterly earnings and revenue that beat Wall Street expectations and raised its financial targets for 2013 due to growing demand for smartphones and high-speed wireless services.

• UPDATE 3-China's Lenovo sets sights overseas in smartphone push

  HONG KONG, Jan 30- Lenovo Group Ltd is stepping up its overseas expansion in the smartphone business after enjoying solid growth at home in China, as the world's No.2 maker of personal computers seeks to offset slowing growth in the traditional PC sector.

• UPDATE 1-China's Lenovo logs record quarterly profit, beats forecasts

  HONG KONG, Jan 30- China's Lenovo Group Ltd, on track to become the world's top maker of personal computers, reported a record quarterly profit, up by a third from a year earlier, as it gained more share in the PC market and made inroads in the smartphone business.

• UPDATE 2-Freescale sees better-than-expected revenue as orders improve

  *Sees first-quarter revenue $945 mln- $985 mln vs est $933.1 mln. *Fourth-quarter adjusted loss $0.15/ share vs est loss $0.18. Jan 29- Freescale Semiconductor Ltd, which makes chips for cars and machinery, forecast current-quarter revenue above analysts' estimates as demand returns in its wireless and enterprise businesses.

• UPDATE 2-Philips exits shrinking home entertainment business

  AMSTERDAM, Jan 29- Philips Electronics agreed to sell its audio and video business to Japan's Funai Electric Co for 150 million euros, quitting a traditional sector to focus on its more profitable home appliances and healthcare operations.

• Americans Are Still 'Careful' With Their Money

  

  Two big household and personal care products companies see the most strength coming from outside of the U.S., the CEO of Kimberly-Clark and the CFO of P&G told CNBC.

• 'Circular Economy' Promises Billions: Advocate

  

  Corporations are leaving billions on the table by failing to follow that old crunchy-granola practice: Recycling.