Japan's households opened their wallets a bit wider than expected in May, with household expenditures jumping for the first time in more than a year.» Read More
*Caterpillar, Microsoft shares slide after results. NEW YORK, Jan 27- U.S. stocks were set to open sharply lower on Tuesday, with Microsoft and Caterpillar shares down more than 8 percent each after posting earnings, while an unexpected decline in durable goods orders also weighed on sentiment. Microsoft fell 8.4 percent in premarket trading the day after the Dow...
Jan 27- Procter& Gamble Co, the world's largest household products maker, said net sales would fall 3-4 percent in the full year due to a stronger dollar, sending its shares down 3 percent in premarket trading. Procter& Gamble Co said the exchange rates would reduce full-year sales by 5 percent and profit by 12 percent. Net profit attributable to the company fell...
*Caterpillar shares slide as low oil prices hurt profit. *Microsoft shares tumble a day after results. NEW YORK, Jan 27- U.S. stock index futures fell on Tuesday, weighed by company earnings results including those of sector bellwethers Microsoft and Caterpillar.
*Pfizer's outlook disappoints, stock slips. *Microsoft shares tumble a day after results. NEW YORK, Jan 27- U.S. stock index futures fell on Tuesday, weighed by company earnings results including those of Microsoft, while concerns lingered over Greece's new anti-bailout government and its implications for the euro zone.
Jan 27- Procter& Gamble Co, the world's largest household products maker, reported an about 31 percent fall in quarterly profit, hurt by a stronger dollar. Net profit attributable to the company fell to $2.37 billion, or 82 cents per share, in the second quarter ended Dec. 31, from $3.43 billion, or $1.18 per share, a year earlier. P&G derives roughly two-thirds of its...
In a likely sign of things to come from a number of companies this results reporting season, Ford Motor Co on Friday said it was taking a pre-tax charge of $800 million for its Venezuela business. Ford also said that it was unable to maintain normal production in Venezuela with the availability of vehicle parts constrained. Kimberly-Clark blamed increased...
LONDON, Jan 20- Consumer goods group Unilever expects another sluggish year, after a slowdown in emerging markets and flagging developed economies curbed demand for everything from soup to soap in 2014.. Unilever makes more than half of its sales in emerging markets and so is particularly exposed to slowing demand in once fast-growing countries such as India...
TORONTO, Jan 15- Employees at Target Corp stores in Canada said they were stunned by the U.S. retailer's decision on Thursday to pull out of Canada, believing business had improved after an admittedly disastrous launch less than two years ago. I thought it was getting better, "said one Toronto Target employee who would only give her first name, Lima, for fear of...
Amazon's new line of diapers and baby wipes only raises merchants' fears it plans to compete directly with sellers on its site. Re/code reports.
Fears that Russia's economic downturn will ravage European multinationals may have been overstated in some cases, with companies that sell beer and soap defying expectations.
Laundry detergent pods, that are sometimes mistaken for candy or toys, have accidentally poisoned thousands of children, according to a new study.
Movember sponsor Harry's is looking to shave off a piece of the $6.1 billion men's grooming industry with low-priced blades and bathroom products sold online.
Annual growth in China's exports and imports slowed in October, data showed on Saturday, reinforcing signs of fragility in the world's second-largest economy.
Argentina has accused Procter & Gamble of tax fraud and said it suspended its operations in the South American country.
U.S. cleaning products maker Clorox reported better-than-expected quarterly sales and adjusted profit, helped by strong demand for household products.
What's in the package might be the same, but for a variety of reasons, sometimes companies need to call products by another name outside their home country.
CNBC's Sara Eisen provides insight to the big business of adult diapers.
Bayer will acquire the consumer care business of U.S.-based Merck & Co for $14.2 billion in cash, the company said in a statement Tuesday.
Today Show investigative correspondent Jeff Rossen ordered flowers from some of the biggest names in the business, including 1-800-Flowers, and compared the arrangements to their advertisements.
A Reuters study found that Iran's Ayatollah Khamenei controls a massive financial empire built from property seizures from ordinary Iranians.