Business

Clorox forecasts upbeat annual sales as demand improves

Monday, August 3 by SRN News

Aug 3 (Reuters) - Pine-Sol maker Clorox forecast annual sales above analysts' expectations on Monday, betting on improving demand for its health and wellness segments as well as from international customers despite macroeconomic uncertainty. Here are more details: • Consumers continued to stock up on essential... Read More.

Trading Day: Dow record, yen vibrations

Monday, August 3 by SRN News

By Jamie McGeever ORLANDO, Florida, Aug 3 (Reuters) - U.S. stocks rallied strongly and the Dow notched a record-high close on Monday, boosted by solid manufacturing data and optimism around earnings and U.S.-Iran peace hopes, while the yen slumped to a three-month low after a... Read More.

Beiersdorf says Middle East conflict disrupts Gulf sales, deliveries

Monday, August 3 by SRN News

Aug 3 (Reuters) - Nivea-maker Beiersdorf said conflict in the Middle East is disrupting both sales and deliveries in key Gulf markets, highlighting how geopolitical tensions continue to affect consumer-goods companies operating in the region. Chief Executive Vincent Warnery said on Monday the company had... Read More.

KKR closes $19.2 billion infrastructure fund for North America, Europe

Monday, August 3 by SRN News

Aug 3 (Reuters) - Private equity firm KKR said on Monday it had closed a record $19.2 billion infrastructure fund focused on investing in assets primarily in North America and Western Europe. Infrastructure fundraising has surged in recent years, fueled by growing investor demand for... Read More.

WestJet reaches tentative deal with flight attendants after brief strike snarled traffic

Monday, August 3 by SRN News

Canada's second largest airline, WestJet, has agreed to a tentative agreement with flight attendants to end a strike that led to hundreds of flight cancellations and thousands of stranded passengers. The union representing the flight attendants said Monday that if the deal is ratified, the... Read More.

‘Spider-Man: Brand New Day’ beats ‘Avengers: Endgame’ box office record

Monday, August 3 by SRN News

Spider-Man beat the Avengers at the box office. "Spider-Man: Brand New Day" broke the "Avengers: Endgame" record for the biggest North American opening weekend with $360 million in ticket sales from theaters in the U.S. and Canada, Sony Pictures said Monday. Sony on Sunday projected... Read More.

Exclusive-Citi hires Bank of America’s Rohan Sen to lead technology services banking

Monday, August 3 by SRN News

By Milana Vinn NEW YORK, Aug 3 (Reuters) - Citi has hired Rohan Sen from Bank of America to lead coverage of the technology services sector, as the bank continues to bulk up its technology banking ranks, an internal memo seen by Reuters showed. In the... Read More.

Federal Aviation Administration certifies Boeing 737 MAX 7

Monday, August 3 by SRN News

Aug 3 (Reuters) - The Federal Aviation Administration gave long-awaited approval on Monday for the Boeing 737 MAX 7, a milestone for the planemaker that has waited years to sell the smallest version of its best-selling airplane. (Reporting by David Shepardson; Editing by... Read More.

Record low Danube levels push some countries in Eastern Europe to the brink of energy emergency

Monday, August 3 by SRN News

BUDAPEST, Hungary (AP) - Numerous governments across Central and Eastern Europe are taking steps to conserve electricity and avert an energy crisis as record low water levels on the Danube River have forced power plants to the brink of shutting down. Persistent drought and... Read More.

American Family to buy remaining stake in specialty insurer Bowhead in $1.2 billion deal

Monday, August 3 by SRN News

Aug 3 (Reuters) - American Family Mutual Insurance Company will buy the remaining stake it does not already own in Bowhead Specialty in an all-cash deal, valuing the specialty insurer at $1.2 billion. Here are some other details: • Bowhead shareholders will receive $34 per share... Read More.

Current Weather

Clorox forecasts upbeat annual sales as demand improves

Trading Day: Dow record, yen vibrations

Beiersdorf says Middle East conflict disrupts Gulf sales, deliveries

KKR closes $19.2 billion infrastructure fund for North America, Europe

WestJet reaches tentative deal with flight attendants after brief strike snarled traffic

‘Spider-Man: Brand New Day’ beats ‘Avengers: Endgame’ box office record

Exclusive-Citi hires Bank of America’s Rohan Sen to lead technology services banking

Federal Aviation Administration certifies Boeing 737 MAX 7

Record low Danube levels push some countries in Eastern Europe to the brink of energy emergency

American Family to buy remaining stake in specialty insurer Bowhead in $1.2 billion deal

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