The "C" class has been teaching the rest of the market a lesson this year, leading the way with oversized gains.» Read More
LONDON, Dec 5- Consumer products giant Unilever Plc aims to cut the number of individual products it sells by 30 percent by the end of 2014 to become more efficient and navigate a global economic slowdown it admits it was slow to confront.
Although Jos. A. Bank Clothiers Inc walked away from a deal earlier this month after Men's Wearhouse board rebuffed its $48- a-share offer, and prevented it from conducting due diligence, the suitor's language that it still felt a deal was in the best interest of shareholders for both companies has resonated with investors.
NEW YORK/ BOSTON, Nov 14- Top U.S. hedge fund managers in the third quarter bought and sold shares of such hotly debated companies as Herbalife Ltd, J.C. Penney Co and Sotheby's. Ellington Management Group LLC, a $5.5 billion investment firm founded by Michael Vranos, took a new position in auction house Sotheby's, as did Eric Mindich's Eton Park Capital Management.
BOSTON/ NEW YORK, Nov 14- Top U.S. hedge fund managers in the third quarter bought and sold shares of such hotly debated companies as Herbalife Ltd, J.C. Penney Co and Sotheby's.
NEW YORK/ BOSTON, Nov 14- American boardrooms are looking grayer than ever.
Crest has embraced Halloween. The toothpaste company released a video with children reacting to the taste of new "healthy" candies.
Stocks finished in positive territory Friday, with the Dow and S&P closing higher for the third-straight week, lifted by a group of encouraging earnings reports.
"Do you really think Amazon's going to be supplanted by anybody else?" analyst Jordan Rohan says.
John Faucher, JPMorgan, says P&G results were generally pretty solid. Investors are focused on organic revenue growth, he adds.
Decent earnings have been overshadowed by poor showing in Asia, and a weak U.S. durable goods figure.
Oct 25- Procter& Gamble Co is chugging along with its turnaround, posting a quarterly profit that met Wall Street's expectations and holding to its annual forecasts as the world's largest household products maker gets a lift from cost cuts and a lower tax rate. Shares of P&G slipped 0.5 percent to $80.20 in premarket trading on Friday.
U.S. stock index futures pointed to a flat open on Friday.
Oct 25- Procter& Gamble Co's quarterly profit met Wall Street's expectations on Friday helped by growth overseas, cost cuts and a lower tax rate, and the world's largest household products maker maintained its financial forecasts for the year.
Jon Moeller, Procter & Gamble CFO, breaks down the consumer products giant's third quarter results and weighs in on the pulse of consumer spending around the globe.
Oct 25- Procter& Gamble Co posted a higher quarterly profit on Friday, as the world's largest household products maker benefited from some growth overseas, cost cuts and a lower tax rate. The maker of Pampers diapers and Tide detergent earned $3.03 billion, or $1.04 per share, in the fiscal first quarter, up from $2.81 billion, or 96 cents per share, a year earlier.
Procter & Gamble reported quarterly earnings that matched analysts' expectations on Friday.
*Turnover down 6.5 percent to 12.5 billion euros. LONDON, Oct 24- Unilever Plc reported slower sales growth after demand for its consumer goods was hit by the devaluation of a handful of emerging market currencies and other factors such as rising onion prices in India.
Oct 22- Kimberly-Clark Corp, maker of Kleenex tissues, posted a bigger-than-anticipated rise in quarterly profit on Tuesday on continued growth overseas as well as global cost cutting.
Kimberly-Clark also raised the low end of its 2013 adjusted earnings-per-share forecast by 5 cents, and now expects to earn $5.65 to $5.75 per share this year.
Fasten your seatbelts. With earnings season in full swing, the US will also release a wave of economic reports delayed by the shutdown, including the jobs report.