CHARLOTTE, N.C.— Fortune 500 packaging company Sealed Air Corp. will consolidate management operations from several states and relocate its New Jersey headquarters to the Charlotte area, where it plans to employ nearly 1,300 jobs in three years.» Read More
NEW YORK, May 1- Avon Products Inc said on Thursday that it had reached a preliminary deal with the U.S. Department of Justice and the U.S. Securities and Exchange Commission to resolve a years-long probe into the beauty products company's overseas business development practices.
April 30- Energizer Holdings Inc said it plans to separate into two publicly traded companies, one for batteries and other household products and the other for personal care brands such as Schick razors and Stayfree female hygiene products.
April 30- Energizer Holdings Inc said it plans to separate into two publicly traded companies, one for batteries and other household products and the other for personal care brands such as Schick shavers and Stayfree female hygiene products. Energizer reported $1.9 billion in revenue for the household business in the year ended March 31.
April 30- Energizer Holdings Inc said it plans to separate into two publicly traded companies, one for household products and the other for personal care. The separation is planned as a tax-free spin-off and is expected to be completed in the second half of the 2015 fiscal year, the company said in a statement.
LONDON, April 23- The loud welcome given by investors to this week's deal for Novartis and GlaxoSmithKline to trade more than $20 billion of assets could trigger more pacts in the pharmaceuticals sector and beyond.
April 23- Procter& Gamble Co, the world's largest household products maker, reported a higher quarterly profit on Wednesday, helped by cost cutting and stronger sales of items like detergent and air freshener.
Procter & Gamble reported a higher quarterly profit on Wednesday, helped by an increase in sales of its home care products.
*Says suffers from slower demand in North America, Russia. PARIS, April 14- L'Oreal posted a 2.2 percent drop in first-quarter sales on Monday, held back by slowing demand for mass market products including Garnier shampoo and Maybelline make-up, particularly in North America.
March 17- Beauty products retailer and distributor Sally Beauty Holdings Inc said "fewer than 25,000" credit-card records may have been taken in a recent data breach. Sally Beauty said on Monday that an investigation by forensics firm Verizon had discovered the evidence that card payment data may have been removed.
BOCA RATON, Fla., Feb 23- Investors are growing impatient with the makers of global brands like Cadbury chocolate, Campbell Soup and Tide laundry detergent, as these stalwart consumer products companies try to boost profits through cost cuts and brand makeovers while smaller rivals take risks and grab market share.
Feb 13- Avon Products Inc said on Thursday it could end up paying as much as $132 million to settle a U.S. bribery probe into its efforts to develop new markets, the first time the beauty-products company has given an estimate for a penalty.
US multinational companies are dealing with an increasingly big headache when it comes to sales and profits: currencies.
Feb 13- Avon Products Inc said on Thursday it may cost as much as $132 million to settle a U.S. bribery investigation into the beauty products company's efforts to develop new markets overseas.
Feb 5- Beauty products company Estee Lauder Cos Inc forecast current-quarter profit below analysts' estimate, citing weak demand in European countries and South Korea and slowing growth in China. New York- based Estee Lauder forecast third-quarter sales growth of 10-11 percent, which translates to about $2.52 billion- $2.54 billion.
PARIS, Jan 30- LVMH, the world's biggest luxury group, posted an 8 percent rise in like-for-like full-year sales on Thursday as buoyant duty-free and cosmetics revenue helped offset lower demand for cognac in China and Louis Vuitton handbags.
The company's shares were down 6 percent at $96.45 on the New York Stock Exchange on Wednesday. "The organic sales decline in personal care was unexpected," BMO Capital Markets analyst Connie Maneaty said.
Beef has never been more expensive, and rarely more controversial. From top-end T-bone to Big Mac, the future of the beef industry is at stake.
Companies and industries that rely on low-income spenders could see a boost to the bottom line thanks to rising wages in many American states.
A Los Angeles Superior Court judge heard testimony Friday from attorneys for the city of Irwindale, Calif., and the owner of the Sriracha plant.
CNBC anchorman Geoff Cutmore gave his best impression of Ron Burgundy on Squawk Box Europe this morning.