United Kingdom

Soundarya J

Zero-sugar sodas, smaller soft drink cans drive Coca-Cola revenue beat

18 Oct 2019

Coca-Cola Co beat Wall Street estimates for quarterly revenue on Friday as customers took to smaller-sized cans of its sodas, including Coca-Cola Zero Sugar, prompting the beverage maker to give an upbeat forecast for 2019.

Corona maker Constellation hit by pot investment loss; shares drop

03 Oct 2019

Constellation Brands Inc racked up millions of dollars in losses from its investment in Canadian pot company Canopy Growth, pushing the maker of Corona and Modelo beers into a quarterly loss and sending its shares down as much as 8%.

Facebook, tech firms meet with U.S. intelligence on 2020 election security

05 Sep 2019

U.S. technology companies including Facebook Inc , Alphabet's Google , Microsoft Corp and Twitter Inc met with U.S. intelligence agencies on Wednesday to discuss security strategies ahead of the November 2020 election.

Estee Lauder sees no slowdown in China, forecasts robust fiscal 2020

20 Aug 2019

Estee Lauder Cos Inc on Monday forecast full-year revenue and profit above Wall Street expectations, putting to bed concerns of slowing demand in China due to trade tensions and Hong Kong protests as sales of its luxury skin care products soared, propelling its shares to a record high. | Video

P&G posts strong sales, takes $8 bln Gillette writedown

30 Jul 2019

Procter & Gamble Co's quarterly revenue and adjusted profit beat Wall Street expectations on Tuesday, sending shares to a record-high even as the world's No.1 personal goods company took an $8 billion (£6.6 billion) charge on its Gillette shaving business.

Hershey's tepid annual forecast overshadows quarterly profit beat

25 Jul 2019

Hershey Co reported a better-than-expected quarterly profit on Thursday, but forecast 2019 earnings below Wall Street expectations as the chocolate maker expects the benefits from recent price increases to be pushed out to next year.

Toymaker Hasbro profit draws power from 'Avengers', 'Magic' card game

23 Jul 2019

Hasbro Inc on Tuesday beat Wall Street estimates for quarterly profit, powered by higher demand for action toys of blockbuster "Avengers: Endgame" and collectible card game Magic: The Gathering, sending its shares to a record high.

Deutsche Bank held talks with Citi, BNP on shedding chunk of equities business - WSJ

02 Jul 2019

Deutsche Bank has held talks with Citigroup Inc , BNP Paribas SA and others over the possible sale of parts of its equities business, the Wall Street Journal reported on Tuesday.

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