|Bid||5,855.00 x 20000|
|Ask||6,000.00 x 3500|
|Day's Range||5,915.00 - 6,039.20|
|52 Week Range||5,255.00 - 8,110.43|
|PE Ratio (TTM)||6.85|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Does the share price for Reckitt Benckiser Group plc (LSE:RB.) reflect it’s really worth? Today, I will calculate the stock’s intrinsic value using the discounted cash flow (DCF) method. IfRead More...
Aspen Pharmacare Holdings Ltd.’s infant formula business has drawn interest from companies including Reckitt Benckiser Group Plc and Perrigo Co., as the largest African drugmaker evaluates options for the business, people familiar with the matter said. Family-owned French dairy group Lactalis and Australia’s iNova Pharmaceuticals, controlled by Pacific Equity Partners and Carlyle Group LP, are also weighing offers for a stake in the business, according to the people. Aspen shares soared the most in two months, trading 3.6 higher at 262.49 rand as of 2:03 p.m. in Johannesburg.
In December 2017, Reckitt Benckiser Group plc (LSE:RB.) released its latest earnings announcement, which signalled that the business experienced a strong tailwind, eventuating to a high double-digit earnings growth ofRead More...
Beiersdorf's (BEIG.DE) sales growth was lifted by its Tesa adhesives unit and La Prairie premium skin care brand in the first quarter, smoothing slowing sales of its Nivea products. La Prairie sales jumped 56 percent as the German consumer goods firm reaped the benefits of a strategy to make its other businesses as strong as its mainstay Nivea brand. Luxury cosmetics are enjoying booming demand, particularly in China, which has also helped L'Oreal (OREP.PA) offset weaker performance in its mass market division.
(Reuters) - National Grid (NG.L) Chief Financial Officer Andrew Bonfield is stepping down to take up a position with a U.S. public company, the British power grid operator said on Friday. Bonfield's move ...
MKC reported earnings 30 days ago. What's next for the company? We take a look at earnings estimates for some clues.
By Danilo Masoni and Kit Rees MILAN/LONDON (Reuters) - European shares held steady on Friday at the end of a strong week as a rally in commodities softened, although strong earnings updates boosted shares ...
Weaker sterling helped Britain's FTSE 100 (.FTSE) outperform European markets on Friday, while consumer giant Reckitt Benckiser tumbled after disappointing results and Shire declined as Allergan pulled out of the running to acquire the company. Sterling fell after Bank of England Governor Mark Carney dampened widespread expectations for an interest rate hike in May. The decline supported export-oriented large-cap stocks, which dominate the FTSE 100.
LONDON/CHICAGO, April 20 (Reuters) - Procter & Gamble's $4.2 billion deal for Merck's vitamin and supplements business demonstrates that major consumer companies remain hungry for health-related products. The fragmented nature of the sector and its appeal to younger consumers makes further M&A activity a likely prospect even after a spate of recent acquisitions. The U.S.-based maker of Tide detergent and Gillette razors announced its plan on Thursday to buy Merck brands such as Seven Seas vitamins.
Reckitt Benckiser lagged other consumer good makers in the first quarter as further falls in Scholl footcare and lower prices hit the British company's sales growth. Bernstein analysts said Reckitt's like-for-like sales growth was "bottom of class" of the five European food and packaged goods companies that have reported quarterly sales so far, and it shares fell more than 6 percent to their lowest level since the start of 2015. Nestle, Procter & Gamble and Unilever also saw very little pricing growth, as packaged goods makers face pressure from retailers fighting off drug store chains and Amazon.com.
Shares in Reckitt fell as much as 9% Friday after the company’s first-quarter sales growth missed expectations. Reckitt blamed Scholl—called Amopé in the U.S.—a foot-care brand it inherited in 2010 as part of its $3.9 billion acquisition of Durex condom makerSSL International in 2010. Scholl has turned into a recurring problem for the U.K. company.
Reckitt Benckiser disappointed investors with first-quarter sales that missed analysts’ estimates, the latest in a string of disappointments from the owner of Durex condoms and Scholl footcare.
British consumer goods maker Reckitt Benckiser reported lower-than-expected quarterly sales growth on Friday, hurt by further weakness in its Scholl footcare business and negative pricing. Consumer packaged goods makers, under pressure to boost revenue, are having trouble raising prices, due in part to intense competition among big retailers fighting off encroachment from the likes of drug store chains and Amazon.com . Volume was up 3 percent, implying that overall pricing was negative.
Reckitt Benckiser Group Plc fell the most in nearly a decade as weak pricing of household cleaning items hurt sales in the first quarter, slowing the company’s effort to return to growth after its worst-ever ...
LONDON/CHICAGO (Reuters) - Procter & Gamble's $4.2 billion deal for Merck's vitamin and supplements business is the latest example of a major consumer company stocking up on health-related products. Just last month, cleaning product maker Clorox Co agreed to buy multivitamin company Nutranext for $700 million. The moves show how global consumer goods companies are looking to new, interesting areas to offset flagging growth in their core businesses.
Understanding Reckitt Benckiser Group plc’s (LSE:RB.) performance as a company requires examining more than earnings from one point in time. Today I will take you through a basic sense checkRead More...