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....* It’s a busy week for results with a smorgasbord of companies reporting quarterly results, including more of the Magnificent Seven, or Big Tech gang, whose ability to drive up US markets has been curtailed...
...Swain, who graduated from Colgate University in upstate New York in 2017, discovered direct deals at fund placement group Eaton Partners after realising many family offices were growing tired of buyout funds...
...Rivals such as P&G and Colgate-Palmolive didn’t pull out: “Why the hell should we? . . . We’re competing on the world stage with these products.” We decline the waiter’s offer of dessert....
...busy too as the earnings season peaks, the European Central Bank’s rate-setters meet in Athens (on their annual EU getaway from Frankfurt) and official statistical bodies produce a clutch of key numbers, including...
...“We acted boldly on pricing and are accelerating our revenue growth management plans, including additional pricing, in the balance of the year”, said chief executive Noel Wallace in a statement....
...It will also help Patanjali Foods propel the growth of its unlisted parent company, which has taken on multinationals including Hindustan Unilever and Colgate in its home country....
...Colgate-Palmolive’s gross margin narrowed from 58.5 per cent a year ago to 56.9 per cent, although chief financial officer Stanley Sutula predicted it would improve in the months ahead....
...“We remain sharply focused on our revenue growth management, including additional pricing, and funding-the-growth and other productivity initiatives.”...
...Colgate-Palmolive in February told analysts that its market share growth in China was “a beautiful story”, while Illinois Tool Works said last year its China revenue exceeded $1bn for the first time....
...The return of inflation has surprised many, including central bankers. So has the resulting rise in nominal interest rates....
...Friday Hungary, Pope Francis begins a three-day visit to Budapest Stockholm, EU finance ministers and central bank governors gather for an informal meeting, including discussions on financial support for...
...Colgate-Palmolive said on Friday it would temper its marketing spend. But Coca-Cola and Nestlé are doing the opposite....
...KPMG Saudi Arabia said it “did not recognise the allegations that have been made, including those concerned with the safety and welfare of our people”....
...Senegal, parliamentary elections to decide the 165 members of the National Assembly Singapore, the New Cities Foundation hosts the New Cities Summit 2022 UK, the newly formed Ukrainian Freedom Orchestra, including...
...Recent targets have included General Electric, Colgate-Palmolive, Gilead Sciences and GlaxoSmithKline. Clearly, enough shareholders accept mini-tenders to make the effort worthwhile....
...(Darren Dodd) Latest news US labour costs and inflation gauge rise, heaping further pressure on Fed Colgate revenues buoyed by price rises as inflation hits profit margin Ineos owner Sir Jim Ratcliffe...
...That follows price increases to a range of other consumer products, including home and fabric care....
...Reliance’s retail unit wants to supply these stores online, via its JioMart platform, displacing the distributors who represent the big fast-moving consumer goods companies like Colgate-Palmolive....
...That equals a 12 percentage-point hit to earnings, including foreign exchange benefits. Fourth-quarter net income climbed 4 per cent to $2.91bn....
...Including Friday’s 3.5 per cent drop, the stock has lost nearly a fifth of its value since last August....
...The group is under pressure from activist investors including the US hedge fund Elliott Management, which built a multibillion-pound stake this year....
...Eurasian Economic Forum takes place in Verona UK, Britain’s new polar ship RRS Sir David Attenborough visits London Friday Denmark, The 73rd annual Nordic Council starts in Copenhagen with an agenda including...
...Other big names such as Colgate-Palmolive, General Mills and Kimberly-Clark have also announced price increases....
...Colgate-Palmolive, Kimberly-Clark, Mondelez and Whirlpool are among those that have planned to kick these costs to customers....
...Regardless, Juneteenth is now a cornerstone of many companies’ racial justice efforts, with Lyft, Colgate and BP, among others, touting their adoption of the holiday in social impact and diversity reports...
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