Apr 28, 2023
Colgate-Palmolive raises annual organic sales forecast on price hikes

(Reuters) - Colgate-Palmolive Co raised its full-year organic sales forecast on Friday, betting on consistent price hikes and steady demand for its pet nutrition products. The company's shares rose about 2% in premarket trading after it also beat first-quarter revenue…

Apr 26, 2023
Tesla broke U.S. labor law by silencing workers, official rules

By Daniel Wiessner (Reuters) - Tesla Inc supervisors at a Florida service center violated U.S. labor law by telling employees not to discuss pay and other working conditions or bring complaints to higher level managers, a U.S. labor board official…

Apr 25, 2023
Builder PulteGroup beats results expectations on higher home prices

(Reuters) - U.S. homebuilder PulteGroup Inc on Tuesday beat Wall Street estimates for first-quarter profit and revenue as home prices stayed elevated amid limited supply. A shortage of homebuilding supplies had affected the availability of new homes, cushioning prices from…

Apr 19, 2023
Insurer Travelers profit falls as costs from severe storms bite

(Reuters) -Property and casualty insurer Travelers Companies Inc on Wednesday reported a fall in quarterly profit, hurt by severe wind and hail storms in parts of the United States in March. Core income of the New York-based company, often seen…

Apr 18, 2023
S&P 500 ekes out gain as tech supports, J&J, Goldman disappoint

By Lewis Krauskopf, Sruthi Shankar and Ankika Biswas (Reuters) - The S&P 500 eked out a slim gain on Tuesday after strength in some big technology stocks countered disappointing quarterly reports from Johnson & Johnson and Goldman Sachs as first-quarter…

Apr 17, 2023
Porsche posts record Q1 sales rise boosted by China

(Reuters) -Porsche AG posted a record year-on-year sales increase of 18% in the first quarter, boosted by China sales, the company said on Monday. The German luxury carmaker delivered 21,365 cars in China, its largest single market, representing 21% growth…

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