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Year: 2018

Earnings

Weak US demand weighs on Kraft Heinz’s revenue

February 17, 2018 admin 0

Kraft Heinz’s said stiff competition and a supply shortfall of one of its key frozen products will continue to hurt sales in the first quarter, following lower-than-expected sales and profit in the latest reported quarter. […]

Earnings

Campbell Soup organic sales fall as customer dispute continues

February 17, 2018 admin 0

Campbell Soup on Friday reported a 2 percent drop in organic net sales in its second quarter as a key customer in North America placed fewer orders for its canned soups. Shares of the world’s […]

Economy

US housing starts total 1.326 million in Jan, vs 1.234 million starts expected

February 17, 2018 admin 0

New home construction increased to more than a one-year high in January, boosted by a rebound in the building of single-family housing units, and further gains are likely as building permits soared to their highest […]

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  • Columbia Sportswear and Hanesbrands are under the radar retail stocks to buy
  • Here are the winners and losers from the first quarter of 2019
  • 5 places to retire where you can feel rich, yet live on a budget
  • Fed’s Quarles says rate hikes could be ahead ‘at some point’
  • Farm Belt faces an expensive cleanup after already-costly record flooding
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