Latest news with #consumer-goods
Wall Street Journal
29-07-2025
- Business
- Wall Street Journal
Stocks to Watch Tuesday: UnitedHealth, P&G, Whirlpool, Stellantis
↗️ UnitedHealth (UNH): The under-pressure healthcare conglomerate will report its first quarterly results since pulling its financial guidance and replacing its chief executive in May. Shares, which have shed more than 40% this year, rose in premarket trading. 🔎 Procter & Gamble (PG): The consumer-goods company is also due to report earnings. P&G said Monday that operations chief Shailesh Jejurikar would replace Jon Moeller as CEO from next year. ↘️ Whirlpool (WHR): The appliance maker cut its annual profit guidance and lowered its quarterly dividend. It said competitors have flooded the market with Asia-made products to beat the expected increase in tariffs. Shares skidded in off-hours trading.
Wall Street Journal
18-07-2025
- Business
- Wall Street Journal
Reckitt Benckiser to Sell Essential Home Business in $4.8 Billion Deal
Consumer-goods company Reckitt Benckiser RKT -0.48%decrease; red down pointing triangle agreed to sell its essential home business to private equity investor Advent International in a deal that values the division at up to $4.8 billion. The U.K. company has been pursuing a major overhaul of its portfolio to sharpen its focus on core brands like Lysol, Dettol and Strepsils. The plan involves exiting a portfolio of household brands such as Air Wick, Mortein, Calgon and Cillit Bang and a review of options for its baby formula maker Mead Johnson Nutrition, which together account for almost a third of the group's revenue.
