Global selloff eases; earnings, U.S. inflation
LONDON — European markets were higher on Friday as a global stock selloff eased and investors awaited a U.S. inflation print. The pan-European Stoxx 600 was last 0.37% higher at …
Unilever PLC
Unilever pops 5% on guidance raise, says Ben & Jerry’s spinoff on track
Unilever shares popped on Thursday morning, after the consumer goods giant raised its full-year margin guidance and said the spinoff of its ice cream business was on track to complete …
How will India spend its billions?
New Delhi, India – February 01: Finance minister, Nirmala Sitharaman, outside Finance Ministry on the Budget Day, with other members of Finance Ministry in New Delhi on February 01, 2024. …
Navan is not far from IPO, on track for 2024 profitability, CEO says
TripActions CEO Ariel Cohen TripActions The boss of travel and expense management platform Navan told CNBC he’s preparing the company to get its business into shape for an eventual initial …
Estee Lauder is punished for its light guidance. Here’s why we are not joining the sellers
Estee Lauder tumbled Wednesday as investors focused on the company’s weak fiscal fourth-quarter outlook instead of its strong third-quarter numbers. We’re looking deeper and believe that business fundamentals and profit …
P&G’s initial decline had nothing to do with earnings. Investors agreed
Procter & Gamble shares were down sharply early in Friday’s session after the consumer products giant reported a mixed quarter. We viewed the action as a bit of profit-taking — …
Dutch minister confident chip firm ASML will stay in the Netherlands
A top Dutch government minister said he’s confident the country’s coveted chip-equipment maker ASML will remain in the Netherlands following threats from the company to move its operations abroad. Steven …
Ford falls, Amazon advances pharmacy pursuits and Disney board member speaks – our takes the news
Ford Motor kept its 2024 guidance unchanged Tuesday. Meanwhile, Amazon ‘s pharmacy efforts added another wrinkle and Disney ‘s newest board member weighed in on the proxy fight underway at …
Unilever to split off its ice cream unit including Ben & Jerry’s; shares pop 5%
Ben & Jerry’s ice cream on May 24, 2022. Nurphoto | Nurphoto | Getty Images Shares of consumer goods giant Unilever rose more than 5% Tuesday after the company announced …
Post-Ozempic patients may eat more calories, Deutsche Bank survey finds
A customer shops in a Kroger grocery store on July 15, 2022 in Houston, Texas. Brandon Bell | Getty Images Investors have cheered a new class of weight loss drugs …