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Citi says Consumer unit may see more than $1.5B in cost cuts

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJun 13th, 2018

Citi is shaking up its consumer bank — and a key executive is out (C)

Larry French/AP Citigroup is shaking up its $33 billion consumer banking unit. The bank announced Monday several changes in the top rungs of management within its Global Consumer Banking division in an effort to "align our structure with our strategy," St.....»»

Category: topSource: businessinsiderAug 13th, 2018

Kimberly-Clark to raise prices on consumer goods, including Kleenex and Huggies

Kimberly-Clark Corp. said it was raising prices across most of its North America consumer products businesses, in an effort to offset "significant" commodity cost inflation. The stock fell 1% in premarket t.....»»

Category: topSource: marketwatchAug 15th, 2018

Best Low-Cost Cell-Phone Plans

Consumer Reports has no financial relati.....»»

Category: topSource: moneycentralAug 12th, 2018

Upcoming Tech Stocks Earnings to Watch: NVDA, TCEHY, CSCO

Growth has been robust throughout the Q2 reporting season as companies, especially those in the technology sector, continued to benefit from a strong consumer economy and new tax cuts. But it has not always resulted in soaring shar.....»»

Category: worldSource: nytAug 10th, 2018

Core cost of living increasing at fastest rate in 10 years

Consumer prices climbed 2.9 percent in July from a year earlier, a rate of inflation that suggests Americans are earning less than a year ago despite an otherwise solid economy......»»

Category: topSource: moneycentralAug 10th, 2018

Core cost of living increasing at fastest rate in 10 years

Consumer prices climbed 2.9 percent in July from a year earlier, a rate of inflation that suggests Americans are earning less than a year ago despite an otherwise solid economy......»»

Category: topSource: moneycentralAug 10th, 2018

Perrigo to Separate Its Prescription Pharmaceutical Business

Ireland-based Perrigo plans to shed its prescription pharmaceutical unit, which accounts for about one-fifth of total revenue, allowing the company to focus on expanding its consumer business......»»

Category: smallbizSource: wsjAug 9th, 2018

Perrigo stock drops 6.5% after Q2 revenue miss, guidance cuts; company plans to separate drug unit

Perrigo stock drops 6.5% after Q2 revenue miss, guidance cuts; company plans to separate drug unit.....»»

Category: topSource: marketwatchAug 9th, 2018

Citi downgrades Southern Company to Sell on Vogtle cost overrun

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallAug 8th, 2018

Citi has poached a Chase executive to run its "Shark Tank"-type program that lets employees build startups from within the company (C)

ABC/Michael Desmond Citigroup has poached a former JPMorgan Chase exec to run the consumer arm of its internal startup incubator......»»

Category: topSource: businessinsiderAug 5th, 2018

TRANSACTIONS: GCP cuts $13.3M loan in Washington Heights

Meridian Capital announced the following transactions: Two new mortgages in the amount of $15,400,000 on two 117-unit multifamily properties located on Walton Avenue and East K.....»»

Category: realestateSource: realestateweeklyAug 1st, 2018

Procter & Gamble quarterly sales below estimates, shares fall

Procter & Gamble Co's quarterly sales fell below Wall Street estimates on Tuesday, as the consumer products company had a disappointing performance at its grooming unit that makes Gillette razors and shaving products......»»

Category: topSource: reutersJul 31st, 2018

Johnson & Johnson Adds Zarbee"s Naturals to Bolster Consumer Brands

Johnson & Johnson’s consumer-health arm reached a deal to buy children’s cough-syrup maker Zarbee’s Naturals, a move that could help the company better reach health-conscious millennial parents and bolster sales from the unit......»»

Category: smallbizSource: wsjJul 30th, 2018

Harley plans new launches, cost cuts in turnaround push

Harley-Davidson Inc said on Monday it would cut costs, launch new models including smaller light-weight motorcycles and revamp its dealer network in a plan to revive flagging sales in the face of rising global tariffs......»»

Category: topSource: reutersJul 30th, 2018

Southwest Airlines Co. Earnings: Moving in the Right Direction Again

The low-cost carrier has stumbled this year due to a fatal accident that occurred in April, but unit revenue trends are already starting to improve......»»

Category: topSource: foxnewsJul 26th, 2018

JetBlue eliminates jobs in step toward $300 million in cost cuts

JetBlue Airways Corp. is eliminating an unspecified number of jobs in the latest phase of its campaign to cut as much as $300 million from operating costs by 2020. The reductions follow a... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJul 20th, 2018

Volaris Reports Second Quarter 2018 Results: Ancillary Revenue Expansion And Reduction Of Unit Cost Excluding Fuel

Volaris Reports Second Quarter 2018 Results: Ancillary Revenue Expansion And Reduction Of Unit Cost Excluding Fuel.....»»

Category: earningsSource: benzingaJul 20th, 2018

EU regulators charge Qualcomm with additional violation in pricing case

EU antitrust regulators on Thursday charged Qualcomm with a new violation in a case where the U.S. chipmaker has been accused of selling chipsets below cost to drive out Nvidia Corp unit and British phone software maker Icera......»»

Category: topSource: reutersJul 19th, 2018

P&G acquires FAB - First Aid Beauty

Procter & Gamble revealed the company plans to acquire First Aid Beauty, an independent skin care brand that reportedly cost about $250 million. The Cincinnati-based maker of consumer goods such as Olay and SK-II skin care (NYSE: PG) indicated tha.....»»

Category: topSource: bizjournalsJul 18th, 2018

P&G acquires rival skin care brand

Procter & Gamble (NYSE: PG) says the company plans to acquire First Aid Beauty, an independent skin care brand that reportedly cost about $250 million. The Cincinnati-based maker of consumer goods such as Olay – produced at a P&G plant in Browns S.....»»

Category: topSource: bizjournalsJul 18th, 2018