Category: fourthquarter
-
Bayer faces investors’ impatience ahead of fourth-quarter results
•
Written by Patricia Weiss Frankfurt (Reuters) -CEO of Bayer faces increased investor pressure to achieve transformation efforts and reflect the expected decrease in profits this year, as the group is preparing to issue quarterly results on Wednesday. CEO Bill Anderson in the middle of reducing administrative jobs, which speeds up…
-
Clorox forecasts annual profit above estimates, beats fourth-quarter profit on lower input costs By Reuters
•
(Reuters) – Bleach maker Clorox Co forecast annual profit to beat estimates after beating fourth-quarter earnings on Thursday, helped by back-to-back price increases in home care products and reduced input costs that improved margins. Demand for the company’s cleaning products such as floor cleaners and disinfectant sprays improved as consumers…