Reckitt Benckiser up 10% after being cleared of liability in preterm formula case
Shares in British consumer goods company Reckitt Benckiser jumped over 10% on Friday after the company, along with U.S.-based Abbott Labs, was cleared of liability in a preterm formula case.
Reckitt Benckiser posts drop in revenue as nutrition wing weighs
Reckitt Benckiser Group PLC (LSE:RKT, ETR:3RB) has said sales fell over the third quarter as revenue from its nutrition wing slumped. Like for like revenue declined by 0.5% to £3,46 billion during ...
Healthcare helps Reckitt beat quarterly sales estimates
Reckitt reported a smaller than expected fall in third-quarter underlying sales on Wednesday, helped by its health business, which makes Nurofen painkillers and Strepsils lozenges.
Reckitt promotional push threatens sales as earnings loom
Reckitt Benckiser Group PLC (LSE:RKT, ETR:3RB) will offer up third-quarter results next Wednesday, 23 October reflecting what analysts believe will have seen a drop in sales. Barclays analysts fore...
RBGLY vs. CLX: Which Stock Is the Better Value Option?
Investors looking for stocks in the Soap and Cleaning Materials sector might want to consider either Reckitt Benckiser Group PLC (RBGLY) or Clorox (CLX). But which of these two stocks is more attra...
Reckitt Benckiser could return £12.5bn after overhaul, says leading investment bank
Reckitt Benckiser Group PLC (LSE:RKT, ETR:3RB) could return up to £12.5 billion to shareholders, about 40% of its market value, as part of a major strategic overhaul, according to Barclays. The com...
Reckitt Benckiser has sales and legal risks aplenty as third-quarter results approach
Reckitt Benckiser Group PLC (LSE:RKT, ETR:3RB) is facing multiple challenges ahead of its third-quarter results, with Jefferies forecasting a -1% drop in like-for-like sales. Key reasons for the li...
Reckitt in talks to sell £6bn homecare portfolio, reports Bloomberg
Reckitt Benckiser Group PLC (LSE:RKT, ETR:3RB) is in talks with interested parties to dispose of its £6 billion homecare portfolio, which includes household brands Air Wick, Mortein, Calgon and Cil...
Reckitt initiates discussions on $7.9 billion homecare assets sale, Bloomberg reports
Reckitt Benckiser has initiated early discussions with potential suitors for a sale of its homecare assets, which could be worth over 6 billion pounds ($7.89 billion), Bloomberg News reported on Tu...
Job cuts expected as Reckitt declares major business shake-up
Reckitt Benckiser Group PLC (LSE:RKT, ETR:3RB), the FMCG giant responsible for the majority of the average Brit's cleaning cupboard, has declared a sweeping reorganisation of its business that will...
Household goods giant Reckitt sustained ‘significant damage' from Indiana tornado strike
Reckitt Benckiser Group PLC (LSE:RKT, ETR:3RB), the FMCG giant behind Dettol, Durex, Finish and Gaviscon, sustained “significant damage” to its warehouse in the US state of Indiana during a tornado...
Reckitt Benckiser's update represents strong showing, says investment bank
Reckitt Benckiser Group PLC (LSE:RKT, ETR:3RB) reported a robust first quarter, signalling significant operational improvements under its new leadership, according to research by UBS. This comes af...
Dettol-maker Reckitt revenues lower, price-led growth simmers down
FTSE 100 consumer goods group Reckitt Benckiser Group PLC (LSE:RKT, ETR:3RB)'s revenues fell 4.6% year on year in the first quarter, though this was broadly in line with expectations. Hygiene compr...
Reckitt beats quarterly like-for-like sales estimates
Consumer goods group Reckitt's like-for-like sales growth beat estimates in the first quarter as more people bought its Lysol, Dettol and Finish cleaning products even as prices rose, it said in a ...
Reckitt Benckiser: American bank upgrades, but remains cautious; here's why
Reckitt Benckiser Group PLC (LSE:RKT, ETR:3RB) has been upgraded to 'hold' from 'underperform' by Jefferies, bumping its valuation up by £3 a share to £44. In a note entitled Time To Use The Slack ...
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