Times News Network
Text size Stock for Procter & Gamble, maker of Dawn dish soap, is down 13% since April 20. Joe Raedle/Getty Images Consumer staples stocks have been crushed in the past couple of months. They are usually pretty safe, but they have recently had a bit of an earnings problem. The Vanguard Consumer Staples Index Fund (VDC) … Read More “Consumer Staples Stocks Are Usually Safe. Here’s Why They’re Getting Crushed.” »
Procter & Gamble (P&G) Hygiene and Health Care on Thursday reported a 5% year-on-year increase in its net profit to Rs 103 crore for the quarter ended March 31, driven by continued focus on productivity. However, the profit was impacted by a retrospective tax law change; excluding this one-time impact, the net profit was up … Read More “P&G Hygiene and Health Care posts 5% rise in profit to Rs 103 crore in March quarter” »
Text size Crest toothpaste is made by Procter & Gamble. Joe Raedle / Getty Images Procter & Gamble reported third-quarter earnings that topped analysts’ estimates and the consumer products giant raised its sales forecast for fiscal 2022. Procter & Gamble earned an adjusted $ 1.33 a share on revenue of $ 19.38 billion. Analysts surveyed … Read More “Procter & Gamble Beats Profit Estimates and Lifts Sales Forecast” »
Procter & Gamble has announced that LV Vaidyanathan will take over as the chief executive officer (CEO) for its operations in India from July 1, 2022. He will take over from Madhusudan Gopalan, who is going to take on a leadership role within P&G as senior vice president – grooming and oral care, P&G Japan … Read More “P&G India announces LV Vaidyanathan as its new CEO” »
Text size Dreamstime US investors eager to trade after the holiday weekend will have plenty of news to digest, thanks to corporate earnings. More than 100 companies are slated to report this week — and those results will help the market get a better read on what so far has been a mixed earnings season. … Read More “Is the Stock Market Open Today? Here Are Hours for Easter Monday 2022.” »
US stock markets are poised for a subdued open on Monday. Michael Nagle / Bloomberg Text size US stocks are set for a flat to lower open on Monday. On Sunday night, the Dow Jones Industrial Average futures gained 27 points, or 0.1%, while the S&P 500 futures lost 0.1%, and the Nasdaq Composite futures … Read More “US Stocks Poised for a Subdued Open on Monday” »
Text size PFAS problems, product liability litigation tied to earplugs, and slowing growth have caused 3M stock to languish. Dreamstime What would 3M look like if it went down a General Electric -like path and broke itself up to create shareholder value? That’s a big question investors might have to wrestle with for the next … Read More “Here’s What a 3M Breakup Could Look Like” »
Russian prosecutors have issued warnings to Western companies in Russia, threatening to arrest corporate leaders there who criticize the government or to seize assets of companies that withdraw from the country, according to people familiar with the matter. Russian President Vladimir Putin last week expressed support for a law to nationalize assets of foreign companies … Read More “Russian Prosecutors Warn Western Companies of Arrests, Asset Seizures” »
Text size Caterpillar is lucky to have customers flush with cash from rising commodity prices. Justin Sullivan / Getty Images Inflation is hot — and that’s cooling off plenty of companies’ earnings. But not all of them, and those are the stocks to scoop up now. The latest consumer price index, out Thursday, showed an … Read More “4 Stocks That Could Thrive During Inflation” »
