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 — and not a reflection of the results. The stock entered the session on a four-day winning streak while the broader market declined. Late Friday, as … Read more
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 van Weyenberg, the Netherlands’ finance minister, told CNBC’s Karen Tso on Thursday that he isn’t worried by ASML’s statements threatening to leave the country. The … Read more
As Gatorade approaches its 60th birthday, the brand is staying spry, branching out into new categories from unflavored water to energy drink mixes. Since its founding in 1965, Gatorade has been the dominant sports drink. It accounted for 63.5% of the U.S. sports drink market in 2023, according to Euromonitor International data. Owner PepsiCo’s archrival … Read more
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 the entertainment giant. Here’s a closer look at these headlines and our takes on each. F YTD mountain F stock performance year-to-date. The news: Ford … Read more
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 plans to separate its ice cream unit, which includes Ben & Jerry’s and Magnum, as part of a restructuring that will impact 7,500 jobs. “The … Read more
A man with a paper bag of groceries looks surprised and upset at a receipt from a supermarket with high prices against the background of an escalator with customers in the shopping center. Elena Perova | Istock | Getty Images Just ahead of the holiday season, Walmart had encouraging news for inflation-weary shoppers: Prices on … Read more
If you were a teenage boy in the early 2000s, there’s a good chance you wore Unilever‘s Axe Body Spray at some point. “The idea that you spray this on and you get the girl is sort of nonsense, really. I mean, they know it, we know it. … So why don’t we just kind … Read more
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 for their ability to help people shed unwanted pounds, but the findings of a recent poll underscore the challenges patients face if they cease treatment. … Read more
