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India

Nivedita Balu

UPDATE 3-Kroger's doubts about turnaround targets cloud quarterly profit beat

12 Sep 2019

Sept 12 Kroger Co on Thursday raised doubts about its profit targets from an ongoing turnaround plan, even as the supermarket chain operator posted a better-than-expected quarterly profit, helped by its investments in delivery and online operations.

Tapestry CEO Victor Luis steps down; Chairman Zeitlin takes charge

04 Sep 2019

Tapestry Inc replaced Chief Executive Officer Victor Luis with long-time Chairman Jide Zeitlin on Wednesday, just weeks after the high-end fashion house cut its full-year earnings forecast and warned of troubles at its Kate Spade brand.

Walmart halts ammunition sales for assault-style rifles; Kroger calls for gun safety

04 Sep 2019

Walmart Inc , the nation's largest retailer, said on Tuesday it would stop selling ammunition for handguns and some assault-style rifles in all its stores across the United States, and called for action on gun safety after a string of mass shootings, including at Walmart stores in Texas and Mississippi. | Video

Campbell profit beats as soup sales heat up, shares rise

30 Aug 2019

Campbell Soup Co on Friday reported better-than-expected fourth-quarter profit and margins as the food company sold more soups and snacks, tightened up its supply chain and cut costs, sending shares up more than 8%.

UPDATE 2-Campbell profit beats as soup sales heat up, shares rise

30 Aug 2019

Aug 30 Campbell Soup Co on Friday reported better-than-expected fourth-quarter profit and margins as the food company sold more soups and snacks, tightened up its supply chain and cut costs, sending shares up more than 8%.

UPDATE 3-New products, remodeled stores push U.S. dollar chains to boost profit forecast

29 Aug 2019

* Cos say will mitigate tariff impact (Adds comments from conference call, analyst comment, graphic)

New products, remodeled stores push U.S. dollar chains to boost profit forecast

29 Aug 2019

The top two U.S. discount store chains raised their full-year profit forecast on Thursday as a push on adding a range of new products - from fresh food to self-owned brands - starts to pay off, cushioning a blow from increased tariffs on Chinese imports.

Coty sees revenue improving as turnaround plan takes shape; shares rise

28 Aug 2019

Cosmetics maker Coty Inc raised its annual revenue forecast on Wednesday, as it embarks on a multi-year turnaround plan that involves cost cuts and increased investment in advertising, sending shares up 5%.

UPDATE 3-Coty sees revenue improving as turnaround plan takes shape; shares rise

28 Aug 2019

Aug 28 Cosmetics maker Coty Inc raised its annual revenue forecast on Wednesday, as it embarks on a multi-year turnaround plan that involves cost cuts and increased investment in advertising, sending shares up 5%.

CORRECTED-UPDATE 4-Weed leader Canopy Growth ousts co-CEO Bruce Linton (July 3)

27 Aug 2019

July 3 Canada's Canopy Growth Corp fired founder and co-Chief Executive Officer Bruce Linton, a surprise move that comes just a week after the weed producer's largest shareholder expressed disappointment over its loss-making streak.

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