Latest news with #KMB
Yahoo
5 days ago
- Business
- Yahoo
Tariff Shockwave: Why Corporate America Is Quietly Panicking
The tariff drumbeat is growing louderand companies are bracing for impact. President Donald Trump is once again touting aggressive tariffs as a central plank of his economic plan, claiming theyll shrink the trade deficit and bring manufacturing jobs back to U.S. soil. The White House appears aligned, arguing that America holds the leverage to push trading partners to absorb the pain. But inside boardrooms, thats not how the math adds up. From raw materials to finished goods, rising input costs are already weighing heavily, and firms are starting to act. Kimberly-Clark (NYSE:KMB) slashed guidance and flagged $300 million in extra expenses tied to tariffsthen committed $2 billion to expand U.S. operations anyway. Apple (NASDAQ:AAPL) and Eli Lilly (NYSE:LLY) have also announced new U.S. investments, possibly hedging against a shifting trade landscape. The uncertainty is bleeding into earnings season. Over 70% of S&P 500 companies brought up tariffs in their Q1 callsmore than double the number from the previous quarter. Europe and Japan are seeing similar trends. Rich Bernstein, CEO of Richard Bernstein Advisors, summed it up plainly: If you cant guide anyone to a number, its safer not to guide at all. Analysts now expect S&P 500 earnings to grow just 5.1% per quarter through year-enddown from last years 11.7% pace. That shift isnt lost on management teams, many of whom are pulling back on guidance and sharpening their pencils on supply chain costs. Industries with global footprintsautomakers, airlines, consumer goodsare feeling the squeeze most. Tariffs on electronics, aluminum, and other inputs are forcing companies to rethink sourcing and pricing. Diageo (NYSE:DEO) is cutting $500 million in costs and unloading assets to counter what it says will be a $150 million annual hit from new import tariffs. Tesla (NASDAQ:TSLA) and other global players could be watching closely. A new era of economic nationalism might not just reshape global tradeit could reshape corporate strategy itself. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
22-05-2025
- Business
- Yahoo
Kimberly-Clark (KMB) Up 5.8% Since Last Earnings Report: Can It Continue?
It has been about a month since the last earnings report for Kimberly-Clark (KMB). Shares have added about 5.8% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Kimberly-Clark due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. It turns out, fresh estimates have trended downward during the past month. The consensus estimate has shifted -11.67% due to these changes. At this time, Kimberly-Clark has a nice Growth Score of B, though it is lagging a lot on the Momentum Score front with an F. Charting a somewhat similar path, the stock was allocated a grade of D on the value side, putting it in the bottom 40% for this investment strategy. Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in. Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. It's no surprise Kimberly-Clark has a Zacks Rank #4 (Sell). We expect a below average return from the stock in the next few months. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Kimberly-Clark Corporation (KMB) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
South China Morning Post
22-05-2025
- Automotive
- South China Morning Post
3-vehicle collision on Hong Kong highway injures 9, causes traffic jam
A taxi, a school bus and a minibus have collided on a Hong Kong highway near Kwai Chung, injuring nine passengers and causing traffic congestion. Police said on Thursday that the passengers, all were in the minibus, sustained slight injuries and were sent to Princess Margaret Hospital for treatment. The force said that it received a report of the traffic accident on Tsuen Wan Road (Kowloon bound), near Kwai Chung Park, at around 8.14am. Part of the lanes of the highway were temporarily closed off, causing traffic congestion and bus service delays, according to the Transport Department and franchised bus firm KMB. The buses gradually resumed services as of 10.50am, the department said. Police are currently investigating the accident.
Time of India
21-05-2025
- Business
- Time of India
Crew change services at Vizhinjam port unlikely to be restored
Thiruvananthapuram: In a major setback to the future prospects of crew change services at the Vizhinjam port, a minor port managed by the Kerala Maritime Board (KMB), high court (HC) dismissed the writ petition filed by Vizhinjam Steamer Agents Association seeking restoration of controlled services. The dismissal of the petition was a huge blow for local shipping agents who operated such services between June 2020 and July 2022. The petition challenged an order issued by the Bureau of Immigration that withdrew permission for crew change operations from the port's inner and outer anchorages due to security reasons. However, the steamer agents' association is set to file an appeal with the HC division bench after receiving a legal opinion. The judgment was delivered by Justice VG Arun on Monday. In their plea, the petitioners argued that Vizhinjam port's status as an authorised immigration check post and its designation as an international crew change terminal by the KMB gave them the right to continue such services. They contended that withdrawing the facility disrupted a vital economic activity and infringed on their fundamental right to conduct business. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Trending in in 2025: Local network access control [Click Here] Esseps Learn More Undo However, the court ruled that the earlier permissions for crew change were temporary measures tied to Covid-19 protocols. Once these protocols were lifted, operations at outer anchorages needed to conform to the visa manual, which restricts such activity to emergency situations unless explicit permission is granted by immigration authorities. Justice Arun emphasised that security concerns and national sovereignty outweigh commercial interests. The court also pointed out that Vizhinjam port received its compliance certification under the International Ship and Port Facility Security (ISPS) Code only in June 2023, after the crew change permissions were already revoked. "The withdrawal of the exemption granted during the pandemic period will not give rise to any cause of action to an association of steamer agents or its members. Their business interests cannot override the security of the nation," the court stated. According to KMB chairman NS Pillai, the state govt was keen on restoring the crew change services at the port. "Even chief minister Pinarayi Vijayan wrote to the Union home minister seeking approval to restore crew change here. However, the Centre rejected it, citing that crew change was only a temporary activity necessitated due to the pandemic. We cannot allow the crew change at the outer anchorage due to security reasons. Not only Vizhinjam, but no other ports in the country allow crew change now due to the Centre's stringent policies. However, the crew change can be done in medical emergencies," Pillai told TOI. Expressing disappointment with the verdict, petitioner and Vizhinjam Steamer Agents Association secretary Jude Sajith D'Cruz, said, "This decision has come as a blow to the hundreds of workers and stakeholders who depended on the crew change operations at Vizhinjam. We believe the port has the infrastructure, proximity to internal shipping channels and regulatory backing to continue such services safely. It is not only a loss for us, but for the state govt too," D'Cruz said. Controlled sign-on and sign-off procedures were permitted at the port's anchorage areas to facilitate seafarers stuck at sea due to lockdown restrictions. However, this permission was rescinded by the Bureau of Immigration in July 2022, following the withdrawal of all pandemic-related standard operating procedures by the Directorate General of Shipping.
South China Morning Post
20-05-2025
- South China Morning Post
Burst pipe closes major Hong Kong road, cuts off flushing water supply to Tseung Kwan O
A major road in Hong Kong's Tseung Kwan O has been shut after an underground saltwater pipe burst, leading to the diversion of 10 bus routes and the suspension of flushing water supply to thousands of households and businesses. The Transport Department said on Tuesday that all Kowloon-bound lanes of Wan Po Road near private residence Oscar By the Sea were closed to traffic due to the burst water main. The department advised drivers to use routes, including Wan O Road and the Cross-Bay Link, as the closure significantly affected commuters heading towards Tseung Kwan O town or Kowloon from Lohas Park, Tseung Kwan O Industrial Estate, Shek Kok Road and Pak Shing Kok Road. Franchised bus firm KMB said that nine of its routes – 49, 290E, 290X, 298, 298E, 298F, 298X, 690S, and N290 – were diverted, temporarily suspending the stop at Oscar By the Sea and adding a stop at Pung Loi Road. Citybus route 790 in both directions was also diverted. Commuters were advised to check the bus companies' websites or mobile applications for the latest service arrangements. Sai Kung district councillor Christine Fong Kwok-shan called on drivers heading towards Kowloon to consider taking the Cross-Bay Link instead.
