*Exports to U.S., China gain while shipments to EU fall. Shipments were mainly propped up by demand from the United States and China, while consumer goods imports gained, easing concerns over a slow recovery in domestic spending. Exports grew 2.5 percent to $51.8 billion in October from a year earlier and imports fell 3.0 percent to $44.3 billion, the Ministry of...» Read More
June 5- J.M. Smucker Co forecast full-year profit above estimates as sales increased in its domestic consumer food business- which includes peanut butter and cooking oils- and despite rising coffee costs. The company, which also makes Jif peanut butter and Crisco oils, forecast full-year adjusted earnings of $5.95- $6.05 per share.
DETROIT, June 5- General Motors Co CEO Mary Barra and CFO Chuck Stevens on conference call with analysts:. *Says "no meaningful impact" on N. American sales due to switch. *CEO Barra says could have addtional recall related charges in Q2 but don't.
PALO ALTO, Ca., June 5- Boosting the adoption of messaging service WhatsApp in the United States and some other markets is proving difficult, co-founder Brian Acton said, but the company will still create substantial revenue for prospective parent Facebook Inc..
GM CFO STEVENS SAYS WILL ADJUST CHARGE FOR COMPENSATION PLAN AFTER Q2 AS NEEDED.
GM CFO STEVENS SAYS EXPECTS TO SET COST OF COMPENSATION PLAN BY END OF Q2, WILL BE TREATED AS SPECIAL, ONE-TIME ITEM.
GM CFO STEVENS SAAYS NO CHANGE TO CAPITAL ALLOCATION PLANS OR PLANS TO REDEEM THE COMPANY'S SERIES A PREFERRED STOCK.
GM CFO STEVENS SAYS CHINA CONTINUES TO PERFORM BETTER THAN THE COMPANY EXPECTED.
GM CFO STEVENS SAYS EUROPE CONTINUES TO PERFORM BETTER THAN ANTICIPATED.
GM CFO STEVENS SAYS PRODUCT ROLLOUTS AND CAPITAL PLANS AT THE COMPANY WILL NOT BE AFFECTED BY THE RECALLS.
NEW YORK, June 5- Do not be surprised if U.S. Treasury yields fall in coming days after the European Central Bank cut short-term interest rates to near zero on Thursday. The U.S. benchmark 10- year Treasury note's yield fell to 2.40 percent last week, a level not seen since last June, in part because of Europe.
GM CFO STEVENS SAYS ADDTITIONAL RECALL COSTS IN Q2 WILL NOT BE MATERIAL.
GM CEO BARRA SAYS COMPANY TARGETING EUROPEAN MARKET SHARE OF 8 PCT AND EBIT-ADJUSTED MARGIN OF 5 PCT BY 2022.
June 5- European regulators said on Thursday they have completed their assessment of drug manufacturing violations at Ranbaxy Laboratories Ltd's facility in Toansa, India, and although deficiencies were found, they pose no risk to public health. Ranbaxy is in the process of being acquired by Indian-based Sun Pharmaceutical Industries Ltd for $3.2 billion.
GM SAYS TO RETURN TO PROFITS IN EUROPE BY MID DECADE-- COMPANY SLIDES.
GENERAL MOTORS CO REAFFIRMS EARNINGS BEFORE INTEREST AND TAXES ON ADJUSTED BASSIS EXCLUDING RECALLS WILL BE GREATER IN SECOND HALF THAN FIRST HALF-COMPANY SLIDES.
GENERAL MOTORS CO SAYS BELIEVES IT IS ON OR AHEAD OF PREVIOUSLY DISCLOSED PLAN TO DELIVER MODESTLY IMPROVED 2014 EBIT ADJUSTED RESULTS ON A YEAR OVER YEAR BASIS EXCLUDING RECALLS-COMPANY SLIDES.
GENERAL MOTORS CO SAYS "NO MEANINGFUL IMPACT" ON N. AMERICAN SALES DUE TO SWITCH RECALLS-COMPANY SLIDES.
GENERAL MOTORS CO CEO BARRA SAYS COULD HAVE ADDTIONAL RECALL RELATED CHARGES IN Q2 BUT DON'T KNOW YET HOW MUCH THAT COULD BE.
WASHINGTON, June 5- The U.S. National Futures Association said on Thursday it would cut its fees because increased trading volume and a broader revenue base had swelled the coffers of the agency that self-regulates the futures and swaps industry.