P&G raises full-year forecast after beauty, healthcare brands drive profit beat
Procter & Gamble Co on Tuesday raised its full-year sales and profit forecasts after a better-than-expected first quarter, as it sold more toothpaste and expensive face cream.
Hasbro misses profit estimates as costs jump on tariff threat
Hasbro Inc fell short of Wall Street estimates for quarterly profit on Tuesday, as the threat of tariffs on toys imported from China ramped up shipping and warehousing costs, sending its shares down 7%.
Futures edge higher on upbeat earnings
U.S. stock index futures rose on Tuesday, after another batch of strong corporate earnings eased concerns over domestic growth and the fallout from the prolonged U.S.-China trade war.
Clean getaway: Meat waste joins biofuels at luxury jet show
At the world’s biggest industry show in Las Vegas luxury jets are luring buyers with their sleek silhouettes, plush cabins – and increasingly, their use of alternative fuels.
Harley-Davidson tops forecasts as international sales improve
Harley-Davidson Inc reported better-than-expected quarterly profits on Tuesday and stuck to its full-year shipment forecast, allaying fears of another hit from European import tariffs and a further slump in sales in its main U.S. market.
P&G raises FY forecast on higher demand for beauty products
Procter & Gamble Co on Tuesday raised its full-year sales and profit forecasts after a better-than-expected first quarter, powered by demand for its premium beauty brands such as SK-II and China Olay.
Exxon to face trial in New York investor fraud lawsuit
Exxon Mobil Corp on Tuesday will face trial in a lawsuit by New York’s attorney general accusing it of misleading investors about the risks of climate change regulations to its business.
Oil rises on optimism about prospects for a U.S.-China deal
Oil prices rose on Tuesday after China signaled progress in trade talks with the United States, but gains were capped by bearish forecasts of a buildup in U.S. crude stockpiles.
How a major U.S. farm lender left a trail of defaults, lawsuits
After completing a credit review in a half-hour phone call, a BMO Harris Bank underwriter cleared $12 million in loans for Ohio corn and soybean producer Greg Kruger in 2013.
Senior Chinese diplomat reiterates that U.S. forced trade war on China
The United States has forced an unwanted trade war on China and Beijing must take the necessary countermeasures to protect its interests, senior Chinese diplomat Wang Yi said on Tuesday.
