United Kingdom

Siddharth Cavale

Investors keep food firms on warning over antibiotics

20 May 2019

LONDON An investor group managing some $5 trillion said it was pleased with the steps taken by fast-food companies to cut the use of antibiotics in their products and will continue to monitor firms as its three-year-long engagement comes to an end.

Caterpillar slips as higher costs dent margins at construction business

24 Apr 2019

Caterpillar Inc spooked investors for a second straight quarter as rising costs hit margins in its construction equipment business and tepid sales in the Asia Pacific region pointed to continuing subdued growth in China.

Travelers profit tops on lower catastrophe losses, shares rise 4 percent

18 Apr 2019

Insurer Travelers Companies Inc's quarterly profit beat analysts' estimates on Thursday, as improved underwriting and lower catastrophe losses offset a decline in net investment income, sending its shares to a more than one-year high.

Bank of America warns of slowing growth of net interest

16 Apr 2019

Bank of America Corp forecast that net interest income would rise half as fast this year after reporting first-quarter revenue on Tuesday that fell short of expectations.

Citigroup profit beats on investment banking boost

15 Apr 2019

Citigroup Inc reported higher-than-expected earnings on Monday despite declining revenue as the New York-based lender cut costs, grew its investment-banking business and expanded net-interest margin.

REFILE-UPDATE 2-JPMorgan profit beat eases fear of slowing economy

12 Apr 2019

April 12 JPMorgan Chase & Co posted a better-than-expected quarterly profit on Friday, easing fears that slowing economic growth could weigh on its results.

LaCroix maker's CEO cries injustice, likens brands to 'handicapped'

08 Mar 2019

National Beverage Corp's Chief Executive has blamed "injustice" for lower sales of its fruit-flavoured LaCroix sparkling water and likened brand management to caring for a "handicapped" person.

CORRECTED-LaCroix maker's shares dive after poor sales, CEO cries 'injustice'

08 Mar 2019

March 8 National Beverage Corp's shares sank 20 percent on Friday after it reported dismal sales, as questions over ingredients used in its LaCroix sparkling water begin to crimp its popularity.

How U.S. retailers turn their bane into boon with 'click and collect'

25 Feb 2019

As retail casualties such as Sears or Toys 'R' Us kept piling up, costly real estate often got the blame for traditional retailers' struggle to keep up with e-commerce rivals.

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