TOKYO, July 31- Panasonic Corp confirmed on Thursday it would invest in U.S. electric carmaker Tesla Motors Inc's planned $5 billion lithium-ion battery plant in the United States, but said it had yet to decide on the size and timing of its investment.» Read More
April 23- Procter& Gamble Co, the world's largest household products maker, reported a higher quarterly profit on Wednesday, helped by an increase in sales of its home care products. Sales were unchanged at $20.6 billion.
LONDON, April 18- The amount of money Amazon.com Inc reports through a tax-exempt vehicle in Europe has dropped sharply in the past two years, even as European sales jumped, after the U.S. tax authority tightened rules it felt were being abused to shift profits.
April 18- Procter& Gamble Co is planning to offer a new kind of razor, with a swiveling ball hinge and a pricey tag, to move forward with its strategy to push premium products, according to the Wall Street Journal on Friday. The company's Chief Financial Officer Jon Moeller had in January blamed a movement by the Movember Foundation for weak razor sales.
PARIS, April 15- Privately owned luxury group Labelux has hired Bank of America Merrill Lynch to advise it on a possible London market flotation of Jimmy Choo this autumn that could value the upmarket shoemaker at over 900 million pounds, industry and financial sources said.
April 10- Family Dollar Stores Inc, seeking to reverse declining sales and profit, said on Thursday it is slashing prices to win shoppers, cutting jobs, and shutting hundreds of stores. Family Dollar Chief Executive Howard Levine, on a call with investors, pointed to "a more financially constrained consumer," echoing recent comments from rivals.
*Manufacturers in price war for standard LED light bulbs. FRANKFURT, April 3- Lighting companies like Philips and Osram are scrambling to develop more advanced technology as a price war for LED bulbs threatens to eat into profits and bring on a period of low growth as the long-life bulbs become more common.
HAVANA, March 31- Cuba has declared itself open for business with a new foreign investment law but faces deep skepticism given a history that includes jailing foreign executives and attempting to seize greater control of businesses once they prove successful.
March 21- Canadian private equity investment firm Onex Corp said it would sell The Warranty Group, a provider of extended warranty contracts, to an affiliate of TPG Capital Management LP for an enterprise value of about $1.5 billion.
NEW YORK, March 21- The honeymoon for dividend stocks is over. While U.S. growth hasn't exactly been robust and interest rates haven't spiked significantly, the tide has turned so far this year with $1.2 billion in investor outflows from equity-income funds, notes Jeff Tjornehoj, head of Americas research for Lipper, a Thomson Reuters company.
BEIJING, March 17- Chinese e-commerce giant Alibaba Group Holding Ltd has joined the race to develop' smart' household appliances, partnering with Chinese electronic goods maker Midea Group to produce home devices that talk to each other. Alibaba said on Sunday its long-awaited IPO, expected to be valued at over $15 billion, will take place in the United States.
*Ocado not rushing into international partnership. LONDON, March 13- British online grocer Ocado sees Amazon's push to sell more groceries as more of an opportunity than a threat, believing it will encourage big international retailers to look for partners to help them get set up in e-commerce.
NEW YORK, March 13- Cotton is no longer king of the U.S. apparel industry as lower prices fail to revive consumer demand and once-mocked man-made fibers take a permanent place in American wardrobes.
March 13- J.C. Penney Co Inc is about to undo the centerpiece of former Chief Executive Officer Ron Johnson's failed vision to take the retailer upmarket. The retailer wants to recapture former clients and go head to head with rivals like Target Corp and Kohl's Corp..
*Risk of pick-up in China defaults could slow growth. The basic resources sector dropped 1.8 percent after Shanghai copper fell by its 5 percent daily limit on concerns over credit markets in China, the world's biggest metals consumer.
*Possibility of pick-up in China defaults could slow growth. LONDON, March 12- European shares fell on Wednesday, weighed down by below-forecast earnings reports and fears of more corporate defaults in China as a persistent decline in the copper price hit the mining sector.
March 7- Shares of digital coupon company Coupons.com Inc nearly doubled in their trading debut, valuing the company at over $2.2 billion and underscoring the popularity of technology IPOs. Coupons.com is the third technology company to go public this year, after the successful debuts of Care.com Inc and Varonis Inc..
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 18- Colgate-Palmolive Co, the world's largest toothpaste maker, said it expected a one-time loss of $180 million to $200 million in the current quarter after Venezuela devalued its foreign exchange rate.
NEW YORK, Feb 13- Procter& Gamble Co is considering current and former executives of the world's largest household products maker as it begins the search for candidates to succeed Chairman and Chief Executive A.G. Lafley, according to sources familiar with the situation.
OTTAWA, Feb 12- Proposed legislation to crack down on companies that unjustifiably charge more for goods in Canada than in the United States has raised eyebrows among experts on the issue as it is seen as being ineffective in lowering prices.