Colgate Palmolive Co. (NYSE: CL) said on Monday that it will take a charge of $120 million in the first quarter. The charge is linked to the Venezuelan Government’s decision to devalue its currency....
NYSE: L), a holding company whose subsidiaries are engaged in casualty insurance, commercial property and drilling and marketing of offshore oil and natural gas, swung into fourth-quarter loss as it took a huge impairment...
Whether lawmakers in Washington reach a compromise during budget talks and avert series of automatic spending cuts or sequester estimated at $85 billion or the political brinkmanship eventually results in budget cuts from March...
The Clorox Company’s (NYSE: CLX) fiscal second-quarter earnings soared 17% thanks to robust sales of its disinfectant wipes due to recent flu epidemic and other cleansing products. Buoyed up by strong results in the...
NASDAQ: DELL) was nearing to make itself private as people involved in the deal, continued negotiating over the weekend. The report said that shareholders might be offered approximately $13 to $14 a share; however,...
Senate Majority Leader, Harry Reid (D-Nevada), reiterated on Sunday that a any new budget deal, aimed at averting series of draconian spending cuts or sequestration which is scheduled to come into effect from March...
It has been a solid start for the U.S. economy in 2013. Thanks to last-minute congressional budget deal which averted the U.S. economy falling off from ‘fiscal cliff’, U.S. equities have witnessed a rally...
NYSE: TSN) reported better than expected quarterly results on Friday as higher selling prices offset rising input (grains) costs arising due to severe draught in the Midwest region. The Company’s outlook on full-year revenue...
NYSE: MRK) reported quarterly earnings results that edged past Street’s estimate, investors were disappointed after the pharmaceutical company provided cautious guidance and said that it would postpone seeking approval for its potential blockbuster osteoporosis...
NYSE: MAT) reported weaker than expected fiscal fourth-quarter results on Friday as weak demand during the holiday-season quarter and massive litigation charges dented its bottom line. MAT shares were marginally higher in early trading....