Nestle Results Highlight Pressure to Boost Returns
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Nestlé said a key sales measure weakened in the first nine months of the year and that it doesn't expect an improvement in the final quarter, underscoring the pressure it faces to boost its performance, including from activist investor Daniel Loeb.
Unilever Results Disappoint as Hurricanes Hit U.S. Sales
Unilever reported weaker third-quarter revenue growth as the maker of Breyers ice cream and Dove shampoo struggled with lower sales in developed markets.
Hewlett Packard Enterprise Issues 2018 Outlook
Hewlett Packard Enterprise Co. approved $5 billion more to buy back stock as part of a pledge to return most of its cash to shareholders and gave a mixed view for 2018.
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Viacom and Charter in Preliminary Carriage Deal
Media giant Viacom and cable operator Charter Communications have agreed to a preliminary deal that would put eight of Viacom's most important channels in the cheapest package available to the 16.6 million subscribers to Charter's Spectrum service, according to people familiar with the matter.
AmEx Retirement Shines Light on Lack of Diversity in CEO Ranks
Kenneth Chenault's retirement from the chief executive post at American Express Co. will reduce the number of African-American CEOs of Fortune 500 companies by a quarter.
Kobe Steel Aluminum Clears Auto Makers' Safety Checks
Toyota Motor, Honda Motor and Mazda Motor said they haven't found vehicle-safety issues from aluminum supplied by Kobe Steel, which sparked world-wide concern when it admitted falsifying documents about the metal.
SAP Raises Guidance As Profits Rise
Germany's SAP said it's raising its outlook for 2017 after posting a 35% rise in third-quarter net profit.
Roche Sales Boosted by New Drugs
Roche said that third-quarter sales increased 4.9%, boosted by its pipeline of recently launched drugs.
Publicis Revenue Edges Ahead
France's Publicis posted a 1.2% rise in third-quarter revenue, a result that could help ease the widespread investor panic that has engulfed the advertising sector since the last round of earnings.
Pernod Ricard Confirms Target as Sales Rise
Pernod Ricard said first-quarter sales rose 2%, and confirmed its profit target for 2018.
(END) Dow Jones Newswires
October 19, 2017 05:15 ET (09:15 GMT)