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Two big household and personal care products companies see the most strength coming from outside of the U.S., the CEO of Kimberly-Clark and the CFO of P&G told CNBC.
Stocks closed higher Friday, with the S&P 500 ending above 1,500 and logging its longest winning streak since November 2004, boosted by a batch of upbeat earnings. All three major averages turned in their fourth-consecutive weekly gain.
The S&P 500 regained the 1,500 level for the first time in more than five years, but that's a milestone that could also trigger a pause, analysts say.
U.S. stock index futures were higher Friday, a day after the S&P 500 logged its seventh-straight rally, following a batch up upbeat earnings reports and ahead of a key housing report.
Kimberly-Clark posted a better-than-expected rise in adjusted quarterly profit on Friday, as the Kleenex tissue maker cut some costs and stepped up a marketing push.
Check out which companies are making headlines before the bell on Friday:
Thomas Falk, Kimberly-Clark chairman & CEO, breaks down the household products makers fourth quarter earnings, and discusses growth opportunities in China, and commodity headwinds.
Household products giant Procter & Gamble reported quarterly earnings and revenue on Thursday that beat analysts' expectations.
Wall Street's bull could take another run at the psychologically important 1,500 level as early as Friday, but that's a level that could also trigger a pause, analysts say.
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A flood of earnings reports, including major technology and industrial companies, could make or break the stock market’s surprise January rally in the week ahead.
Ready for the downpour? Earnings season kicks into high gear in the week ahead. Fortunately, Cramer has a game plan.
It is shaping up to be the worst cold and flu season in about ten years, with more than 40 states reporting widespread influenza doctor visits and hospitalizations.
With the S&P 500 coming off a correction, there are ample buying opportunities right now in stocks. TheStreet.com reports.
*First-quarter profit $1.01/ share tops Street view $0.95. *Still expects FY 2013 profit $4.20- $4.35/ share. Oct 31- Clorox Co posted a higher quarterly profit and maintained its forecast for the fiscal year, buoyed by price increases, cost cuts and a lower-than-anticipated tax rate, which helped mitigate the impact of a drop in volume.
*P&G profit of $1.06/ share tops expectations of 96 cents. Oct 25- Procter& Gamble Co's profit rose more than expected, indicating that the world's largest household products company is making progress in cutting costs and giving Chief Executive Bob McDonald a little relief after months of pressure.
*P&G profit of $1.06/ share tops expectations of 96 cents. Oct 25- Procter& Gamble Co's profit rose more than expected, indicating that the world's largest household products maker is making progress after coming under pressure from activist investor William Ackman, and its shares soared to the highest level in four years.
NEW YORK-- Colgate-Palmolive will cut more than 2,310 workers, or 6 percent of its workforce, by the end of 2016 in a push to make the consumer products company more efficient. Consumer product companies like Colgate-Palmolive have increasingly looked outside of the U.S. to sustain growth but that has become problematic in recent years.
Oct 24- Kimberly-Clark Corp posted a higher quarterly profit on Wednesday and raised its expectations for the year. Kimberly-Clark, best known for its Kleenex tissues, earned $517 million, or $1.30 per share, in the third quarter, compared with $432 million, or $1.09 per share, a year earlier.
*China data points to strengthening recovery. *Dow Chemical to cut jobs. NEW YORK, Oct 24- U.S. stock index futures edged higher on Wednesday, indicating indexes may bounce from declines a day earlier when the Dow suffered its biggest drop in four months, following data from China that eased concerns about sluggish global growth.