Reckitt’s sales volume dip takes shine off like-for-like sales beat
(Reuters) -Reckitt Benckiser’s sales volume fell in the second quarter as the Dettol and Lysol cleaning products maker increased its…
Stellantis tops forecasts, looks to cost cuts to keep margins strong
(Reuters) – Revenue and operating profit grew at Stellantis in the first half to beat estimates, with CEO Carlos Tavares…
Nissan seals Renault deal, now faces hard yards in China
(Reuters) – Nissan will invest up to $663 million in Renault (EPA:RENA)’s new electric vehicle unit, the automakers said on…
Nike’s stock price could double, claims UBS
UBS believes Nike’s (NYSE:NKE) stock price “could double” if the company performs according to its long-term sales and margin targets.…
GM wrestles with costs, struggles with EVs as Q2 profits fall
(Reuters) -General Motors is wrestling with costs and struggling to build more electric vehicles, as it reported Tuesday that adjusted…
London court revives $3.5 billion mass forex lawsuit against banks
(Reuters) – A proposed 2.7 billion pound ($3.5 billion) mass lawsuit against major banks including JPMorgan (NYSE:JPM) and Citigroup (NYSE:C)…
S&P 500 and Nasdaq eye higher open ahead of Big Tech earnings
(Reuters) – The S&P 500 and the Nasdaq were set for a slightly higher open on Tuesday after multiple companies…
Analysis- Sensing end of Fed hikes, some investors return to dividend stocks
(Reuters) – Some investors are giving the shares of dividend-rich companies a second look as expectations grow that the Federal…
RV industry steers through post-pandemic US slump
(Reuters) – The U.S. economy may ultimately skirt a recession, but it’s felt like one for months at Jon Ferrando’s…
GM puts profit ahead of growth, veering away from Tesla
(Reuters) – General Motors (NYSE:GM) lifted its full-year profit guidance on Tuesday, in large part because it plans to invest…