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P&G leans on $380 electric toothbrushes, upgraded razors to offset tariffs
P&G relies on premium products to counter tariff costsCFO Schulten cites consumer spending slowdown in the USBy Jessica DiNapoli, Juveria Tabassum NEW YORK, April 24 (Reuters) - Procter & Gamble PG.N is betting consumers will shell out for $380 electric toothbrushes, spruced-up Pampers di...Reuters
Thu, Apr 24
Stocks
PREVIEW: Alphabet shares up; seen reporting higher Q1 rev and EPS
** Shares in Google's parent Alphabet GOOGL.O up ~2% on Thur in broad market rally, due to report Q1 financial results after market close** Wall St sees GOOGL reporting adj EPS of $2.01 vs $1.89 in year-ago quarter on rev of $89.12 bln vs $80.54 bln year-ago, according to latest data gathered by...Reuters
Thu, Apr 24
Stocks
Fastenal gains after stock split unveiled
** Shares of industrial supplies distributor Fastenal FAST.O up 2.2% to $81.93 on Thurs after announcing its board approved two-for-one stock split** Winona, Minnesota-based firm late Weds said holders of record as of May 5 close to receive one additional share for every share owned** FAST to being ...Reuters
Thu, Apr 24
Other
Hedge fund manager Boaz Weinstein expects bumpy markets
By Nell MackenzieLONDON, April 24 (Reuters) - Hedge fund manager Boaz Weinstein said on Thursday that U.S. corporate bond markets could be set for a bumpy ride in the months ahead.Since U.S. President Donald Trump imposed sweeping tariffs on U.S. imports on April 2, credit spreads, which are the pre...Reuters
Thu, Apr 24
Other
American Bar Association sues US Justice Department, claiming retaliation over grants
By Karen Sloan April 24 (Reuters) - The American Bar Association sued the U.S. Department of Justice on Wednesday, claiming it illegally terminated federal grants in retaliation for the lawyer organization's public criticism of the Trump administration. The ABA asked a federal judge in Washin...Reuters
Thu, Apr 24
Commodities
US utility Xcel says tariff exposure is 2%-3% of capex plan
NEW YORK, April 24 (Reuters) - About 2% to 3% of U.S. electric utility Xcel Energy's XEL.O $45 billion capital expenditure plan is exposed to risks from a global tariff war that is expected to hit renewable energy and storage supply chains, executives with the company said on Thursday.As the exp...Reuters
Thu, Apr 24
Other
Chinese insurance broker Yuanbao targets $676 million valuation in US IPO amid trade tensions
April 24 (Reuters) - Chinese insurance broker Yuanbao said on Thursday that it was targeting a valuation of up to $676.3 million in its U.S. initial public offering, amid economic uncertainty and a slowdown in IPO listings following the announcement of new U.S. tariffs. WHY IT'S IMPORTANT...Reuters
Thu, Apr 24
Stocks
Why Hasbro Stock Won the Game on Thursday
Games and toys company Hasbro (NASDAQ: HAS) reported powerful profits, even in the face of markets made turbulent by President Donald Trump's tariffs campaign. Reporting Q1 2025 earnings, Hasbro exceeded expectations, earning $1.04 per share instead of analysts' expected $0.67. Sales also came in st...The Motley Fool
Thu, Apr 24
Commodities
BREAKINGVIEWS-Gold shines brighter as red, white and blue dull
By Gabriel Rubin WASHINGTON, April 24 (Reuters Breakingviews) - Gold is glistening more radiantly than ever. The yellow metal’s timeless hedge against economic turmoil has grown in value as investors increasingly fear the erosion of U.S. institutions and the country’s rule of law. It’s hardly a p...Reuters
Thu, Apr 24
Forex
Asian central banks have space to ease rates to soften US tariff hit, IMF official says
IMF cuts Asian growth to 3.9% in 2025, 4.0% in 2026Greater exposure to US makes Asian economies vulnerableAsia faces sharper policy trade-offs to cope with US tariff hitIMF warns market volatility may tighten financial conditionsIMF sees scope for more inter-regional trade in AsiaBy Leika Kihara ...Reuters
Thu, Apr 24
Other
WTO rejects EU claims in intellectual property dispute with China
By Emma Farge GENEVA, April 24 (Reuters) - A World Trade Organization panel rejected on Thursday the European Union's claims that China had violated the global watchdog's rules on intellectual property.The WTO panel concluded that the EU had not demonstrated inconsistencies with WTO rules...Reuters
Thu, Apr 24
Stocks
Here's Why This Door Technology Company's Stock Surged Today
Locks and access door company Allegion (NYSE: ALLE) stock had risen by 10.3% at 11 a.m. ET. The move comes after its first-quarter earnings report was released this morning. Here's what happened and why the stock looks like a great value.Allegion safely deliversIt's no secret that the residential ho...The Motley Fool
Thu, Apr 24
Other
Carrefour keeps 2025 goals, French sales improve in Q1
By Dominique VidalonPARIS, April 24 (Reuters) - Carrefour CARR.PA, Europe's largest food retailer, on Thursday reported higher first quarter sales that reflected solid sales in Brazil and an improving performance in its core French market where the company has cut prices to lure cash-strapped sh...Reuters
Thu, Apr 24
Stocks
LIVE MARKETS-Gold - overbought but under-owned - looks primed to keep rallying
U.S. stocks higher, Nasdaq up 1.8%Tech up most among S&P sectors; staples, staples sole declinerEuro STOXX 600 index up ~0.4%Crude edges lower, gold up >1%; dollar, bitcoin slipU.S. 10-Year Treasury yield falls to ~4.32%Welcome to the home for real-time coverage of markets brought to you by R...Reuters
Thu, Apr 24
Other
A Minute With: composer Hans Zimmer and conductor Matt Dunkley on new tour
By Hanna RantalaLONDON, April 24 (Reuters) - From "The Lion King" to "Inception", fans will be able to hear live versions of the much-loved works of film score composer Hans Zimmer in a new 24-city arena tour across North America this fall.Following a European run last year, "The...Reuters
Thu, Apr 24
Other
Unibail-Rodamco-Westfield Q1 Turnover At EUR 800.5 Mln
April 24 (Reuters) - Unibail-Rodamco-Westfield SE URW.PA:Q1-2025 TRADING UPDATETENANT SALES UP +2.1%, FOOTFALL UP +0.4%€100.4 MN OF MGR SIGNED WITH +7.9% UPLIFT2025 AREPS GUIDANCE OF €9.30 TO €9.50 CONFIRMED€13.2 BN OF AVAILABLE LIQUIDITY WITH REFINANCING NEEDS SECUREDQ1 IFRS TOTAL TURNOVER AT EUR 8...Reuters
Thu, Apr 24
Commodities
USTR holds productive trade meeting with Vietnam, statement says
WASHINGTON, April 24 (Reuters) - U.S. Trade Representative Jamieson Greer held a productive virtual meeting with his Vietnamese counterpart in which they agreed on the importance of making swift progress on reciprocal trade, his office said in a statement on Thursday.Greer and Vietnam's Minister...Reuters
Thu, Apr 24
Other
Boeing CEO 'won't be shy' about bringing in new execs if needed
April 24 (Reuters) - Boeing BA.N CEO Kelly Ortberg praised the performance of upper management at the company on Thursday, but said at its annual general meeting that he would not hesitate to add personnel if needed.“Won’t be shy about doing that, but again, I think the team is coming together prett...Reuters
Thu, Apr 24
Other
Fitch Revises Jetblue's Outlook To Negative Affirms IDR And EETC Ratings
April 24 (Reuters) - Fitch on Jet Blue:FITCH REVISES JETBLUE'S OUTLOOK TO NEGATIVE; AFFIRMS IDR AND EETC RATINGSFITCH ON JETBLUE: OUTLOOK REVISION REFLECTS ANTICIPATED IMPACT OF SOFTENING DOMESTIC LEISURE TRAVEL DEMANDFITCH: ANTICIPATES LOW-COST CARRIERS SUCH AS JETBLUE TO BE AT DISADVANTAGE COM...Reuters
Thu, Apr 24
