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P&G posts gains thanks to growing Shave Club. Wait. What?

Oct 19, 2018
Procter & Gamble posted its strongest quarterly sales growth after five years of no growth. Some savvy rebranding of old, familiar products and the introduction of organics has helped pull in younger customers. The company also trimmed its marketing budget worldwide, and there’s been a lot of growth in the subscription Gillette Shave Club. Click […]

P&G posts gains thanks to growing Shave Club. Wait. What?

Oct 19, 2018
Procter & Gamble posted its strongest quarterly sales growth after five years of no growth. Some savvy rebranding of old, familiar products and the introduction of organics has helped pull in younger customers. The company also trimmed its marketing budget worldwide, and there’s been a lot of growth in the subscription Gillette Shave Club. Click […]

Bank earnings are way, waaay up. Here’s why.

Oct 16, 2018
Quarterly earnings reports out this week from the major banks including JPMorgan Chase, Goldman Sachs and Bank of America show very, very strong gains. Many companies are benefiting from the changed tax code, but banks are a special case. Click the audio player above to hear the full story. 

Bank earnings are way, waaay up. Here’s why.

Oct 16, 2018
Quarterly earnings reports out this week from the major banks including JPMorgan Chase, Goldman Sachs and Bank of America show very, very strong gains. Many companies are benefiting from the changed tax code, but banks are a special case. Click the audio player above to hear the full story. 

Mid-luxury brands say no to discounted goods

Jul 31, 2018
Ralph Lauren posts earnings bump by leaning in to full priced products
People walk by Ralph Lauren's Fifth Avenue Polo store on April 4, 2017 in New York City.
Spencer Platt/Getty Images

With Toys R Us gone, Hasbro's finding new retail shelves

Jul 23, 2018
Toymaker Hasbro will report second-quarter earnings later this morning. Earlier in 2018, the company reported that first-quarter revenue had fallen by 16 percent compared with the same period last year. It’s been a tough couple of months as retailer Toys R Us went bankrupt and closed hundreds of stores. But Hasbro is finding new shelves […]
Justin Sullivan/Getty Images

Short-termism not long for Wall Street?

Jun 7, 2018
Only about a quarter of public companies continue to include earnings predictions in their quarterly reports. Guidance is not required by law, and experts say it has become the tail that wags the dog. Once companies forecast earnings for the coming quarter, they manage their businesses to meet — or beat — those forecasts, which […]

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U.S. oil companies take cautious approach despite higher prices and demand

Apr 27, 2018
With the U.S.-based oil giants Chevron Corp. and Exxon Mobil Corp. scheduled to release their first quarter 2018 earnings Friday morning, we look at the state of the oil industry. Companies are reaping the benefits from higher oil prices and demand. But what is big oil investing in these days, with an eye toward the future? Click […]

U.S. automakers could be headed down a rocky road

Apr 25, 2018
For years, low gas prices fueled sales of SUVs and pickup trucks, and low interest rates made it easier for car buyers to trade up every time some shiny new technology came along. But with gas prices and interest rates rising, and tariffs on imported aluminum and steel driving up costs, automakers are facing an […]

Big banks are expected to report big profits tomorrow

Apr 12, 2018
Tomorrow, JPMorgan Chase, Citigroup and Wells Fargo will report earnings for the first few months of the year. This year is shaping up to be a good one for the big banks, which are hauling in record profits. Analysts expect the new tax law and consumer confidence to be big boosters. Click the above audio player […]