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Packaged food maker J.M. Smucker forecasts annual profit below estimates
June 10 (Reuters) - Jif peanut butter maker J.M. Smucker SJM.N forecast annual profit below estimates on Tuesday, as tariff uncertainty and consecutive price hikes squeeze demand for its dog snacks and sweet baked goods, sending its shares down about 10%.Packaged food makers have been raising prices...Reuters
Tue, Jun 10
Amcor achieves over 16% plastic reduction in flexible tubes for Bulldog
Innovative material saving enhances sustainability ZURICH, June 10, 2025 /PRNewswire/ -- Amcor (NYSE: AMCR, ASX: AMC), a global leader in developing and producing responsible packaging solutions, has achieved significant material savings as part of its ongoing partnership with skincare brand ...PR Newswire
Tue, Jun 10
Google up after report OpenAI to add Google's cloud service to meet growing compute needs
** Shares of Google parent Alphabet GOOGL.O up 1.3% at $178.32** Microsoft-backed MSFT.O OpenAI plans to add Google cloud service to meet its growing needs for computing capacity, Reuters reported, citing three sources** The deal, which has been under discussion for a few months, was finalized in Ma...Reuters
Tue, Jun 10
Late to Retirement Planning? 3 Strategies to Help You Catch Up to Your Peers
The phrase, "It's better to be proactive than reactive" applies to many aspects of life, including personal finances. This is especially true for retirement planning because setting up a secure retirement isn't something that can happen overnight for most people.That said, life happens, and we're no...The Motley Fool
Tue, Jun 10
Energy stocks gain on US-China talks, Saudi supply dip
** S&P 500 Energy index .SPNY up 1.3%, tracking rise in oil prices O/R** Brent crude futures LCOc1 rise 0.4% to $67.33/barrel; while U.S. West Texas Intermediate crude CLc1 up 0.3% at $65.53/barrel** Crude prices rise, buoyed by U.S.-China trade talks and a dip in Saudi Arabian crude supply to C...Reuters
Tue, Jun 10
Designer Brands slumps after withdrawing annual forecasts
** Shares of footwear retailer Designer Brands DBI.N slide 22.8% to $2.88 in early trading** Company withdraws its full-year forecasts, provided in March, due to macroeconomic uncertainty stemming primarily from global trade policies** Q1 net sales decrease 8% to $686.9 million, co reports adjusted ...Reuters
Tue, Jun 10
GLOBAL MARKETS-Stocks, dollar muted as investors watch progress in US-China trade talks
Wall Street stocks muted in early tradingInvestors await details from US-China trade talksDollar steadies; oil gainsJapan bond plan pushes yields downBy Lawrence Delevingne and Amanda Cooper BOSTON/LONDON, June 10 (Reuters) - Global stocks and the dollar held steady on Tuesday as trade talks betw...Reuters
Tue, Jun 10
J.M. Smucker drops after downbeat annual earnings forecast
** Shares of Uncrustables maker J.M. Smucker SJM.N fall as much as 7.96% to a near four-month low of $102.95 in early trade** Stock set for its worst day since May 2022, if losses last** Co forecasts annual adjusted EPS between $8.50 and $9.50, below analysts' estimates of $10.26 - data compiled...Reuters
Tue, Jun 10
The Silver Lining in Nio's Disappointing Q1 Report
Investors came into Nio's (NYSE: NIO) first-quarter earnings report knowing full well it was likely to be a bumpy ride thanks to the brutal price war China's electric vehicle (EV) makers are engaging in.Things aren't likely to get any better soon. Rival BYD slashed prices on 22 vehicles by up to 34%...The Motley Fool
Tue, Jun 10
US STOCKS SNAPSHOT-Wall St muted at open as US-China trade talks in focus
June 10 (Reuters) - Wall Street's main indexes opened subdued on Tuesday as investors awaited the outcome of ongoing trade talks between the United States and China aimed at cooling a tariff dispute that has bruised global markets this year.The Dow Jones Industrial Average .DJI fell 23.5 points,...Reuters
Tue, Jun 10
CANADA STOCKS-TSX opens higher on energy boost; US-China talks in focus
June 10 (Reuters) - Canada's main stock index opened higher on Tuesday, boosted by energy shares, while investors awaited key developments from the second day of U.S.-China trade negotiations.At 9:31 a.m. ET (1331 GMT), the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was up ...Reuters
Tue, Jun 10
J M Smucker Co reports results for the quarter ended April 30 - Earnings Summary
J M Smucker Co SJM.N reported quarterly adjusted earnings of $2.31 per share for the quarter ended April 30, lower than the same quarter last year, when the company reported EPS of $2.66. The mean expectation of seventeen analysts for the quarter was for earnings of $2.24 per share. Wall Street e...Reuters
Tue, Jun 10
United Natural Foods Inc reports results for the quarter ended April 30 - Earnings Summary
United Natural Foods Inc UNFI.N reported quarterly adjusted earnings of 44 cents per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of 10 cents. The mean expectation of twelve analysts for the quarter was for earnings of 21 cents per sh...Reuters
Tue, Jun 10
Core & Main Inc reports results for the quarter ended April 30 - Earnings Summary
Core & Main Inc CNM.N reported quarterly adjusted earnings of 56 cents per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of 52 cents. The mean expectation of twelve analysts for the quarter was for earnings of 53 cents per share. W...Reuters
Tue, Jun 10
Designer Brands Inc reports results for the quarter ended April 30 - Earnings Summary
Designer Brands Inc DBI.N reported a quarterly adjusted loss of 26 cents per share for the quarter ended April 30, lower than the same quarter last year, when the company reported EPS of 8 cents. The mean expectation of three analysts for the quarter was for a loss of 6 cents per share. Wall Stre...Reuters
Tue, Jun 10
Academy Sports and Outdoors Inc reports results for the quarter ended April 30 - Earnings Summary
Academy Sports and Outdoors Inc ASO.OQ reported quarterly adjusted earnings of 76 cents per share for the quarter ended April 30, lower than the same quarter last year, when the company reported EPS of $1.08. The mean expectation of nineteen analysts for the quarter was for earnings of 90 cents p...Reuters
Tue, Jun 10
Vaccine stocks muted as Wall Street takes 'wait and watch' approach after Kennedy's shake-up
By Sriparna Roy and Bhanvi Satija June 10 (Reuters) - Shares of global vaccine makers were muted on Tuesday as investors and analysts took a "wait and watch" approach after U.S. Health Secretary Robert F. Kennedy Jr. fired all members of an expert vaccine panel late on Monday.Shares of A...Reuters
Tue, Jun 10
LIVE MARKETS-Dominance Reshuffle: US banks face challengers with foreign accents
US equity index futures modestly greenMay NFIB business optimism index 98.8 vs 95.8 priorEuro STOXX 600 index ~flatDollar edges red; gold, crude gain; bitcoin up ~1%US 10-Year Treasury yield dips to ~4.45%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You ...Reuters
Tue, Jun 10
U.S. STOCKS ON THE MOVE-United Natural Foods, Insmed, MacroGenics
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall street's main indexes were set for a slightly higher open on Tuesday as investors awaited the outcome of ongoing trade talks between the United States and China aimed at cooling a t...Reuters
Tue, Jun 10
FirstEnergy stabilizes after convertible bond sale hiked to $2.15 bln
** Shares of electric utility FirstEnergy FE.N down 4 cents to $39.78 premarket after upsized capital raise** Akron, Ohio-based firm announces pricing offerings of $1.15 bln 3.625% convertible bonds (CBs) due 2029 and $1 bln 3.875% CBs due 2031** Initial conversion price for both bonds is $47.78, 20...Reuters
Tue, Jun 10
