Campbell Soup organic sales fall as customer dispute continues
(Reuters) – Campbell Soup Co on Friday reported a 2 percent drop in organic net sales in its second quarter as a key customer in North America placed fewer orders for its canned soups.
Coca-Cola sales beat as consumers drink more vitamin water, coffee
(Reuters) – Coca-Cola Co reported better-than-expected quarterly profit and sales on Friday as it sold more teas, coffees and vitamin water, sending its shares up 2.4 percent.
Kraft Heinz quarterly profit, sales miss estimates
(Reuters) – Kraft Heinz Co’s quarterly profit and sales missed analysts’ estimates on Friday, hurt by lower shipments for nuts, natural cheese and cold cuts in the U.S.
Coca-Cola sales sink 20 percent, records $3.6 billion tax charge
(Reuters) – Coca-Cola Co reported a 20 percent fall in quarterly revenue on Friday as it continues to sell off its bottling operations, and recorded a $3.6 billion charge related to the new U.S. tax laws.
Wynn Resorts says ex-CEO Steve Wynn not entitled to severance pay
(Reuters) – Wynn Resorts Ltd said on Friday that former Chief Executive Officer Steve Wynn was not entitled to severance payments or any other compensation.
Backstory: Warren Buffett’s Valentine’s Day surprise for investors
NEW YORK (Reuters) – Warren Buffett had a Valentine’s Day surprise for investors in Teva Pharmaceutical Industries Ltd .
Hackers stole $6 million from Russian bank via SWIFT system: central bank
MAGNITOGORSK, Russia (Reuters) – Unknown hackers stole 339.5 million roubles ($6 million) from a Russian bank last year in an attack using the SWIFT international payments messaging system, the Russian central bank said on Friday.
Audi chairman rubbishes report of CEO Stadler ouster
BERLIN (Reuters) – Audi Chairman Matthias Mueller appealed to workers to ignore a media report that Chief Executive Rupert Stadler was about to be ousted, hoping to quell another outbreak of unrest at the diesel scandal-hit Volkswagen group.
Exclusive: Walmart in talks to buy more than 40 percent of India’s Flipkart – sources
MUMBAI (Reuters) – Walmart Inc is in talks to purchase a stake of more than 40 percent in Indian e-commerce firm Flipkart, a direct challenge to Amazon.com Inc in Asia’s third-largest economy, two sources familiar with the matter said on Friday.
World shares set for best week since 2011, dollar hits lowest since 2014
LONDON (Reuters) – World shares were set to post their best week of gains in six years on Friday after two consecutive weeks spent in the red, shrugging off a rise in global borrowing costs while the dollar hit its lowest level since 2014.
