Nikkei Rebounds 3% After Thursday's Rout
US: Consumer Goods
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*Sees FY earnings/shr $2.65- $2.70 vs previous guidance $2.60- $2.70. The company now expects full-year adjusted earnings of $2.65 to $2.70 per share- at the upper half of its previous guidance of $2.60 to $2.70 per share.
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May 1- Haverty Furniture Companies Inc:. *Haverty furniture company: havertys reports earnings for first quarter 2013. *Q1 earnings per share $0.36.
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May 1- Clorox Co, the consumer products maker, reported a better-than-expected third-quarter profit on Wednesday, boosted by cost cuts and price increases, but sales missed estimates. Like peer Energizer Holdings Inc, Clorox managed to cut selling and administrative costs to offset soft sales.
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May 1- Consumer products maker Clorox Co reported on Wednesday a better-than-expected profit for the third quarter, boosted by cost cuts and price increases. The company, best known for its namesake bleach, said its earnings for the third quarter ended March 31 were $134 million, or $1.00 a share, compared with $134 million, or $1.02 a share, a year earlier.
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ISTANBUL, April 30- Turkish white-goods maker Arcelik said on Tuesday its net profit rose 7 percent year-on-year to 129.4 million lira in the first quarter. Arcelik said sales rose 1 percent to 2.43 billion lira in the first quarter from a year earlier, in a statement to the Istanbul Stock Exchange.
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MUMBAI/ LONDON, April 30- Unilever plans to pay up to $5.4 billion to raise its stake in its Indian subsidiary, making its biggest deal in 13 years a huge bet on the strength of demand for personal care and food products in Asia's third-largest economy.
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By Nandita Bose and Kate Holton. MUMBAI/ LONDON, April 30- Unilever plans to pay up to $5.4 billion to raise its stake in its Indian subsidiary, making its biggest deal in 13 years a huge bet on the strength of demand for personal care and food products in Asia's third-largest economy.
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MUMBAI, Apr 30- Indian shares rose on Tuesday to close at their highest in 1-1/ 2 months, led by gains in consumer goods stocks such as Hindustan Unilever after its parent made a $5.4 billion open offer, while the finance minister's comments that tax residency certificate is enough proof of residency also helped.
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MUMBAI, April 30- Anglo-Dutch consumer goods giant Unilever Plc does not intend to increase its stake in Indian arm Hindustan Unilever beyond 75 percent, James Allison, head of investor relations and M&A, told Indian television channel CNBC-TV 18 on Tuesday.
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*Unilever bets on India consumption growth. MUMBAI, April 30- Anglo-Dutch consumer goods giant Unilever Plc offered to pay as much as $5.4 billion to raise its stake in its Indian unit, banking on fast-growing spending power in Asia's third-largest economy.
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April 30- Three months ended March 31. Net Profit 3.34 vs 1.93 Net Sales 17.16 vs 13.23 EPS 9.82 vs 5.83 Results are consolidated NOTE: Godrej Consumer Products Ltd makes personal care products. *Source text:* Further company coverage ().
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SEOUL, April 30- South Korean shares rose to a near 4- week high on Tuesday, lifted by heavyweight Samsung Electronics which jumped on improved earnings expectations from its latest smartphone rollouts. Samsung Electronics Co Ltd rose 2.6 percent, after it launched its Galaxy S4 smartphones in 60 countries, seeking to widen its lead over Apple Inc.
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Anglo-Dutch consumer goods giant Unilever Plc will pay $5.4 billion to raise its stake in its Indian unit, in a bet on fast-growing spending power in Asia's third-largest economy.
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LONDON, April 30- Imperial Tobacco said it expects full year earnings per share to be at the lower end of its 4-8 percent target range, as the Davidoff and Gauloises cigarette maker posted a fall in profits amid the difficult European climate.
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The BSE index up 0.77 percent and the broader 50- share NSE index 0.59 percent higher, led by gains in fast moving consumer goods stocks after Unilever's offer to raise its stake in India's Hindustan Unilever to up to 75 percent in a deal valued around $5.4 billion.
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MUMBAI, April 30- Anglo-Dutch consumer goods giant Unilever Plc will pay as much as $5.4 billion to raise its stake in its Indian unit, Hindustan Unilever, to up to 75 percent in a bet on fast-growing spending power in Asia's third-largest economy.
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By Roberta Rampton and Doug Palmer. WASHINGTON, April 29- For the past four years, Transportation Secretary Ray LaHood has rarely passed up the chance to chide American drivers for using mobile phones and other devices while driving, often speaking directly to drivers in radio ads during the morning commute.
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MOSCOW, Apr 29- Russia's biggest home electronics and white goods retailer M.Video said on Friday its board of directors recommended not to declare 2012 dividend payments.
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MUMBAI, April 29- Indian shares closed near their highest level in a month on Monday led by gains in the country's largest consumer goods maker Hindustan Unilever Ltd. The Reserve Bank of India's annual monetary policy review on Friday, where it is widely expected to cut rates by 25 basis points, will be crucial for shares this week, along with earnings of IDFC Ltd.
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MUMBAI, April 29- Hindustan Unilever Ltd will intensify a price war against lesser-known detergent and skincare brands this year as it seeks to win back India's increasingly thrifty shoppers and reverse four consecutive quarters of slowing sales.