NEW YORK-- Procter& Gamble shares approached their all-time high on Friday after the world's largest consumer goods maker said current CEO Bob McDonald is retiring and his predecessor A.G. Lafley was taking back the top spot.» Read More
*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.
*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.
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.
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.
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.
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.
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.
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.
*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.
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.
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.
Corporations are leaving billions on the table by failing to follow that old crunchy-granola practice: Recycling.
*Profit $1.22/ share vs Street view $1.11. *Sales up 2 percent to $22.18 bln vs Street view $21.91 bln. Jan 25- What a difference a year makes for Procter& Gamble Co and CEO Bob McDonald.
The days leading up to Super Bowl Sunday on February 3 are traditionally the best time of year to snag a deal on a super-sized set.
Last summer's drought has driven up the price of those Super Bowl party chicken wings. Chicken prices were up 6 percent in December, versus a year earlier - that's more than triple overall food prices.
*Russia is world's No.2 cigarette market. MOSCOW, Jan 25- Russian lawmakers on Friday backed a law which would ban smoking in bars, cafes and other public spaces to promote healthier living in the world's largest tobacco market after China.
*Kimberly-Clark profit $1.37/ share vs Street view $1.35. Jan 25- Procter& Gamble Co's quarterly profit soared past expectations as the world's largest household products maker used higher prices and new products to drive sales growth, the strongest indication yet that turnaround efforts are paying off.
Jan 25- Procter& Gamble Co's quarterly profit soared past expectations as the world's largest household products maker used higher prices and new products to reignite growth in sluggish markets such as the United States.
*Samsung shares up 12 pct in 3 months; Apple down over 20 pct. But with the personal computer market shrinking for the first time in 11 years, the global smartphone market growing more slowly, and Apple Inc moving to buy fewer of Samsung's microprocessors used in the iPhone and iPad, the South Korean IT giant is now forced to keep a lid on spending.
Jan 25- Procter& Gamble Co posted higher quarterly profit on Friday, as the world's largest household products maker tries to reignite growth in sluggish markets such as the United States while activist investor William Ackman pushes for improvements.