Non-Cyclical Consumer Goods

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UPDATE 1-China food scandal, tough U.S. competition pummel McDonald's

Oct 21 - McDonald's Corp reported a 30 percent fall in quarterly profit due to a food scandal in China and tough competition in the United States, and the world's largest restaurant chain said these factors were expected to hurt current-quarter results.

6:39pm IST

UPDATE 1-Kimberly-Clark to cut up to 1,300 jobs

Oct 21 - Personal care products maker Kimberly-Clark Corp said it would cut 1,100 to 1,300 jobs as part of a restructuring to contain costs arising from the spinoff of its healthcare business.

6:34pm IST

UPDATE 1-Coca-Cola Co profit falls; company expands cost-cutting

(Adds analysts' expectations, share price, revenue and commentary on earnings-per-share target)

6:04pm IST

UPDATE 1-Apollo Education revenue falls as fewer students sign up

Oct 21 - Apollo Education Group Inc reported a 15 percent fall in quarterly revenue as it enrolled fewer students and warned revenue this quarter would be far lower than expected.

5:57pm IST

McDonald's quarterly profit falls 30 pct

Oct 21 - McDonald's Corp reported a 30 percent fall in quarterly profit, hurt by a food scandal in China and intense competition in the United States.

5:41pm IST
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Govt orders Financial Tech to absorb NSEL, liabilities

MUMBAI - The government on Tuesday ordered trading software provider Financial Technologies (India) Ltd to fully absorb its defunct unit National Spot Exchange Ltd (NSEL) and assume the outstanding liabilities of the troubled commodities bourse.