Consumer Goods

  • Mexico state: Indians approve embattled wind power project Associated Press - 2 hours 51 minutes ago

    Residents of a heavily Indian area have approved the installation of a huge wind power project in the Isthmus of Tehuantepec in southern Mexico, the Oaxaca state government said Friday. The proposed construction ...

  • Seneca Foods posts 1Q profit Associated Press - 6 hours ago

    The Marion, New York-based company said it had profit of 29 cents per share. Earnings, adjusted for non-recurring gains, were 19 cents per share. The fruit and vegetable company posted revenue of $226.3 ...

  • Coca-Cola bottlers in Europe in talks over merger Financial Times - 11 hours ago

    Coca-Cola Enterprises, the bottler of Coke products for western Europe, is in discussions to merge with its Iberian and German counterparts in a three-way deal that would further simplify the manufacturing ...

  • Toll collector killed by pickup on Massachusetts Turnpike Associated Press - 11 hours ago

    A toll collector has been struck and killed by a pickup truck on the Massachusetts Turnpike. State police say the truck was exiting an E-ZPass lane just after midnight Friday at the Auburn toll plaza as ...

  • Honda records 20 pct profit rise on yen, despite recalls Associated Press - 14 hours ago
    Honda records 20 pct profit rise on yen, despite recalls

    Japanese automaker Honda reported Friday a 20 percent jump in fiscal first quarter profit on the back of a cheap yen that offset the damage from a massive air bag recall. Honda Motor Co.'s April-June net ...

  • The Best Back-to-School Sales of 2015 US News - 14 hours ago

    From office essentials to trendy clothes, we've handpicked the best school supply sales you should shop before the new school year begins. Amazon is a one-stop school supply shop. Plus, through September, Amazon will roll out a series of limited-time deals on back-to-school products.

  • Berry Plastics reports 3Q loss Associated Press - 14 hours ago

    On a per-share basis, the Evansville, Indiana-based company said it had a loss of 11 cents. Earnings, adjusted to extinguish debt and for non-recurring costs, came to 51 cents per share. The results met ...

  • Make sure a car dealer isn't a lemon Bankrate.com - 17 hours ago

    Dear Driving for Dollars, I had a bad experience with a car dealer the last time I bought a car. That was many years ago, but the idea of shopping around at a bunch of dealerships for my next car still ...

  • Boston Beer posts 2Q profit Associated Press - Fri, Jul 31, 2015 9:51 AM AEST

    The Boston-based company said it had profit of $2.19 per share. The brewer posted revenue of $252.2 million in the period. Boston Beer expects full-year earnings in the range of $7.10 to $7.50 per share. ...

  • Defendants in fatal hayride crash in Maine plead not guilty Associated Press - Fri, Jul 31, 2015 8:02 AM AEST

    All three defendants in a Halloween-themed hayride crash that killed a teenager and injured more than a dozen other passengers pleaded not guilty Thursday in their first court appearance. The driver, 55-year-old ...

  • Japan's Sharp says April-June loss widens to $274 mn AFP - Fri, Jul 31, 2015 7:58 AM AEST
    Japan's Sharp says April-June loss widens to $274 mn

    Japanese electronics giant Sharp said Friday its net loss widened in April-June as it struggles through a painful restructuring and weak sales of display screens and smartphones. Earlier this year, Sharp said it was cutting 10 percent of its 49,000 positions worldwide as part of a turnaround plan intended to keep it afloat after posting a bigger-than-expected $1.86 billion annual loss. "Sharp is barely surviving and it is still uncertain if the company turnaround can be carried out as planned -- there are still many hurdles to clear," said Hiroshi Sakai, chief economist at SMBC Friend Research Centre in Tokyo.

  • Tempur Sealy beats Street 2Q forecasts Associated Press - Fri, Jul 31, 2015 7:05 AM AEST

    Tempur Sealy International Inc. (TPX) on Thursday reported second-quarter net income of $21.2 million, after reporting a loss in the same period a year earlier. The Lexington, Kentucky-based company said ...

  • Deckers reports 1Q loss Associated Press - Fri, Jul 31, 2015 6:49 AM AEST

    On a per-share basis, the Goleta, California-based company said it had a loss of $1.43. The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment ...

  • Colgate-Palmolive revenue falls on currency headwinds Associated Press - Fri, Jul 31, 2015 2:22 AM AEST

    Colgate-Palmolive Co. (CL) on Thursday said its second-quarter earnings fell on foreign currency exchange rates that battered sales of consumer staples in Latin America, Europe and other markets. CEO Ian ...

  • Samsung's results show stark divergence of fortunes for units Financial Times - Fri, Jul 31, 2015 12:35 AM AEST

    Even as the mobile business of Samsung Electronics has battled to reverse falling sales in a fiercely competitive market, colleagues in other divisions of the South Korean conglomerate have welcomed the ...

  • Pinnacle Foods beats 2Q profit forecasts Associated Press - Thu, Jul 30, 2015 11:03 PM AEST

    The Parsippany, New Jersey-based company said it had net income of 37 cents per share. Earnings, adjusted for non-recurring gains, came to 36 cents per share. The results beat Wall Street expectations. ...

  • BorgWarner misses Street 2Q forecasts Associated Press - Thu, Jul 30, 2015 10:13 PM AEST

    The Auburn Hills, Michigan-based company said it had profit of 65 cents per share. Earnings, adjusted for non-recurring costs and restructuring costs, came to 75 cents per share. The results did not meet ...

  • Diebold tops Street 2Q forecasts Associated Press - Thu, Jul 30, 2015 10:13 PM AEST

    On a per-share basis, the North Canton, Ohio-based company said it had net income of 34 cents. Earnings, adjusted for restructuring costs and non-recurring costs, were 44 cents per share. The results exceeded ...

  • Pitney Bowes posts 2Q profit Associated Press - Thu, Jul 30, 2015 9:58 PM AEST

    On a per-share basis, the Stamford, Connecticut-based company said it had profit of 75 cents. Earnings, adjusted for one-time gains and costs, were 45 cents per share. The mailing equipment and software ...

  • Coca-Cola Enterprises beats Street 2Q forecasts Associated Press - Thu, Jul 30, 2015 9:54 PM AEST

    The Atlanta-based company said it had profit of 75 cents per share. Earnings, adjusted for non-recurring costs and restructuring costs, were 79 cents per share. The results exceeded Wall Street expectations. ...

  • P&G beats 4Q profit forecasts Associated Press - Thu, Jul 30, 2015 9:37 PM AEST

    On a per-share basis, the Cincinnati-based company said it had profit of 18 cents. Earnings, adjusted for non-recurring costs and restructuring costs, were $1 per share. The results topped Wall Street ...

  • Colgate-Palmolive misses 2Q profit forecasts Associated Press - Thu, Jul 30, 2015 9:18 PM AEST

    On a per-share basis, the New York-based company said it had net income of 63 cents. Earnings, adjusted for non-recurring costs, were 70 cents per share. The results did not meet Wall Street expectations. ...

  • Bunge misses 2Q profit forecasts Associated Press - Thu, Jul 30, 2015 9:13 PM AEST

    The White Plains, New York-based company said it had profit of 50 cents per share. Earnings, adjusted for one-time gains and costs, came to 51 cents per share. The results fell short of Wall Street expectations. ...

  • How robots are taking over our homes - but not as you'd expect Financial Times - Thu, Jul 30, 2015 9:01 PM AEST

    Colin Angle may run a robotics company but even he struggles to corral the automatons in his home. As the chief executive of iRobot, he has no complaints about his company's Roomba self-piloting vacuum ...

  • CD rates for July 30, 2015 Bankrate.com - Thu, Jul 30, 2015 8:00 PM AEST

    Interest Rate Roundup Compare CD rates nationally and in your area. CDs 1-year CD yields: 0.27% 5-year CD yields: 0.87% Rates on certificates of deposit were unchanged in Bankrate's July 29 national survey ...

  • Sony profits soar on booming demand for image sensors Financial Times - Thu, Jul 30, 2015 5:37 PM AEST

    Sony saw a threefold increase in its first-quarter profits as booming demand for image sensors helped to offset losses in its smartphone and movie businesses. The stronger-than-expected results on Thursday ...

  • EU to extend relief for farmers hit by Russia sanctions AFP - Thu, Jul 30, 2015 4:53 PM AEST
    EU to extend relief for farmers hit by Russia sanctions

    The EU said Thursday it will extend until next year a multi-million euro aid package to help struggling European farmers hit by Russian sanctions over the Ukraine crisis. The European Commission, the executive arm of the 28-nation European Union, said it was finalising details after Russian President Vladimir Putin last month extended a ban against most Western food imports for a year, a move in retaliation for EU and US sanctions against Moscow. Farmers in France, Belgium and Germany have staged protests against falling prices, especially for milk and dairy products, following both the Russian ban and a slowdown in the Chinese market.

  • Samsung confirms smartphone drag on profits Financial Times - Thu, Jul 30, 2015 11:08 AM AEST

    A painful reversal in fortunes for Samsung Electronics' smartphone business continued in the second quarter, the company confirmed on Thursday, adding to scepticism about its strategy to halt its sliding ...

  • Average US vehicle age hits record 11.5 years Associated Press - Thu, Jul 30, 2015 9:01 AM AEST
    Average US vehicle age hits record 11.5 years

    In the age of Apple's CarPlay, a lot of cars on the road still have tape decks. The average vehicle in the U.S. is now a record 11.5 years old, according to consulting firm IHS Automotive, a sign of the ...

  • Owens-Illinois tops Street 2Q forecasts Associated Press - Thu, Jul 30, 2015 6:46 AM AEST

    The Perrysburg, Ohio-based company said it had profit of 25 cents per share. Earnings, adjusted for non-recurring costs and restructuring costs, came to 60 cents per share. The results surpassed Wall Street ...

  • Whole Foods misses Street 3Q forecasts Associated Press - Thu, Jul 30, 2015 6:18 AM AEST

    The Austin, Texas-based company said it had net income of 43 cents per share. The results did not meet Wall Street expectations. The average estimate of 16 analysts surveyed by Zacks Investment Research ...

  • Jane Birkin asks Hermes to take her name off croc handbag Associated Press - Thu, Jul 30, 2015 2:52 AM AEST
    Jane Birkin asks Hermes to take her name off croc handbag

    British singer Jane Birkin has asked Hermes to take her name off the crocodile-skin versions of the iconic Birkin handbag, after being contacted by animal rights group PETA over "cruel" slaughtering ...

  • Better economy spurs Altria cigarette sales Associated Press - Thu, Jul 30, 2015 12:30 AM AEST
    Better economy spurs Altria cigarette sales

    A better economy is prompting smokers to buy more cigarettes, even as prices climb. This helped Marlboro maker Altria in its second quarter. The uptick in cigarettes sold is unusual at a time when tobacco ...

  • US strength helps Goodyear top expectations Associated Press - Wed, Jul 29, 2015 10:53 PM AEST
    US strength helps Goodyear top expectations

    The Goodyear Tire & Rubber Co. on Wednesday reported a drop in second-quarter profit as a strong U.S. dollar cut into international sales, but the results beat Wall Street expectations. The tire maker's ...

  • Goodyear beats Street 2Q forecasts Associated Press - Wed, Jul 29, 2015 10:27 PM AEST

    The Goodyear Tire & Rubber Co. (GT) on Wednesday reported second-quarter earnings of $192 million. The Akron, Ohio-based company said it had profit of 70 cents per share. Earnings, adjusted for non-recurring ...