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Colgate-Palmolive Co

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  • HONG KONG/ SHANGHAI, June 4- Shanghai bank employee Frances Chen spends about a fifth of her monthly salary on her poodle Cookie, one of the millions of pet owners turning China's pet care industry into one of the fastest growing in the world. Once banned by Communist leader Chairman Mao Zedong as a bourgeois pastime, having a pet has now become a symbol of financial...

  • *Factory orders fall 0.4 percent in April. WASHINGTON, June 2- New orders for U.S. factory goods unexpectedly fell in April as demand for transportation equipment and a range of other goods weakened, suggesting that manufacturing remained constrained by a strong dollar and spending cuts in the energy sector. New orders for manufactured goods slipped 0.4...

  • Strong U.S. dollar pressures jobs at exporters Friday, 8 May 2015 | 10:28 AM ET

    The appreciation in the currency weighed on first quarter profits across corporate America, including at soft drink giant PepsiCo Inc and toothpaste producer Colgate-Palmolive. Steel, the rise in the value of the dollar reduced profits from its sales to Europe, while also making steel from South Korea more competitive abroad, helping to force layoffs of...

  • WASHINGTON, May 4- New orders for U.S. factory goods recorded their biggest increase in eight months in March, boosted by demand for transportation equipment, but the underlying trend remained weak against the backdrop of a strong dollar. The report on Monday from the Commerce Department was the latest indication that the rebound from the first quarter's...

  • *Factory orders rise 2.1 percent on transportation. WASHINGTON, May 4- New orders for U.S. factory goods recorded their biggest increase in eight months in March, boosted by demand for transportation equipment, but the underlying trend remained weak against the backdrop of a strong dollar. The report on Monday from the Commerce Department was the latest...

  • WASHINGTON, May 1- U.S. factory activity failed to gain steam in April after slowing for five straight months, but stronger-than-expected vehicle sales suggested the economy was finding some momentum after almost stalling in the first quarter. "The reacceleration in growth will not come fast enough for many, especially those looking for a liftoff by the Fed to...

  • WASHINGTON, May 1- The U.S. manufacturing expansion held steady at near a two-year low in April, but a jump in consumer sentiment and stronger-than-expected vehicle sales suggested the economy was pulling out of a first-quarter soft patch. The Institute for Supply Management said its index of national factory activity was at 51.5 in April, matching the March...

  • Traders work on the floor of the New York Stock Exchange (NYSE).

    U.S. stocks closed down more than 1 percent on the last day of trade for April as investors weighed mixed data and continued weakness in the dollar.

  • *Sees low single-digit fall in 2015 earnings/shr. April 30- Colgate-Palmolive Co cut its profit forecast for the full year again, indicating price rises will not be able to completely offset the impact of a stronger dollar. Colgate, which controls about 45 percent of the global toothpaste market, gets most of its revenue from outside the United States.

  • *Apple and Celgene weigh on Nasdaq, S&P 500. April 30- Wall Street was lower in midday trading on Thursday as Apple weighed on major indexes and investors digested a mixed batch of economic data. Apple fell as much as 2.5 percent to $125.45 and was the biggest drag on the Dow, S&P 500 and the Nasdaq.

  • WASHINGTON, April 30- The number of Americans filing new claims for jobless benefits tumbled to a 15- year low last week and consumer spending rose in March, signs the economy was regaining momentum after stumbling badly in the first quarter. "This morning's reports all point to an economy that is doing a lot better than the near-stagnation in first-quarter GDP...

  • US STOCKS-Wall St opens lower as Apple, Celgene weigh Thursday, 30 Apr 2015 | 10:39 AM ET

    *Apple and Celgene weigh on Nasdaq, S&P 500. April 30- Wall Street opened lower on Thursday as Apple weighed on the major indexes and Celgene led a fall in biotech stocks, more than offsetting encouraging economic data. The company limited availability of the Apple Watch after a key component supplied by a Chinese company was found to be defective, according to the...

  • A trader works on the floor of the New York Stock Exchange.

    U.S. stock index futures indicated a lower open as markets digested mixed data and major moves in the dollar and Treasurys, after the Fed statement.

  • *Colgate, BorgWarner cite strong dollar. "I think we're going to see cleaner data come out in the second quarter and with the jobless claims being at their lowest levels in 15 years, that certainly points towards a strengthening labor market which has been a clear focus point of the Fed," said Mark Luschini, chief market strategist at Janney Montgomery Scott in...

  • April 30- Colgate-Palmolive Co cut its profit forecast for the full year again, saying the impact of the stronger dollar would worsen, and reported a fall in sales for the third straight quarter. In Latin America, where the company gets most of its money, sales have fallen in four of the past five quarters after the company raised prices. Revenue fell nearly 6 percent...

  • Colgate-Palmolive sales fall for third straight quarter Thursday, 30 Apr 2015 | 7:05 AM ET

    April 30- Consumer products maker Colgate-Palmolive Co reported its third straight quarter of falling revenue as a strong dollar reduced the value of overseas sales. Net income attributable to the company rose to $542 million, or 59 cents per share, for the first quarter ended March 31, from $388 million, or 42 cents per share, a year earlier. Revenue fell nearly 6...

  • *Glu Mobile shares jumped 21.3 percent to $6.55 after Chinese social networking company Tencent Holdings agreed to buy a 14.6 percent stake in the company. *Baidu shares dropped 4 percent to $210.10 a day after China's dominant Internet search engine posted its slowest quarterly revenue growth rate in almost seven years. *Earnings expected on Thursday...

  • Market digs for next clue for data dependent Fed Thursday, 30 Apr 2015 | 6:03 AM ET
    The Marriner S. Eccles Federal Reserve Building in Washington.

    The markets quickly shifted focus from the Fed meeting to the upcoming April jobs report.

  • What you need to know for Thursday trading Wednesday, 29 Apr 2015 | 5:33 PM ET
    The Marriner S. Eccles Federal Reserve Building in Washington.

    The markets quickly shifted focus from the Fed meeting to the upcoming April jobs report.

  • Why the S&P could break out this week Monday, 27 Apr 2015 | 7:12 AM ET
    Traders work on the floor of the New York Stock Exchange.

    As the Fed meets and earnings news rains down, the big question in the week ahead is whether the S&P 500 can manage a break out.