News Highlights: Top Company News of the Day
April 23 2021 - 1:15PM
Dow Jones News
Drop in Toilet-Paper Demand Prompts Kimberly-Clark Sales Drop
Kimberly-Clark delivered its worst sales performance in at least
a decade, hit by supply-chain disruptions, continued business
shutdowns and fallout from last year's toilet paper hoarding amid
the pandemic.
Nestlé Looks to Buy Maker of Nature's Bounty Vitamins
The Swiss food giant is in talks to buy the business, which is
majority-owned by KKR, as Nestlé pushes further into nutritional
offerings.
J&J Covid-19 Vaccine Pause Over Blood-Clot Fear Heads to Review
A federal immunization panel is expected to advise the FDA and
CDC to either continue or lift the pause after a meeting on
Friday.
Panasonic to Buy Blue Yonder for $7.1 Billion
Blue Yonder's supply-chain software helps retailers,
manufacturers and logistics providers predict customer demand.
Amex Needs People to Start Leaving Home Again
Corporate travel spending on American Express cards remains
depressed, but trends such as younger spenders and a bigger desire
for status could help.
Rémy Cointreau Sits Pretty in U.S. Drinks Cabinets
America's liquor market is on a tear. Companies that own tequila
and cognac brands are faring best.
Kimberly-Clark Stock Falls on Downbeat Earnings and Weaker Outlook
Kimberly-Clark reported weaker-than-expected earnings on Friday,
sending its stock falling. The consumer products maker also warned
of rising input costs.
Wells Fargo Has Used Its Lockdown Time Well
By focusing more on consumer deposits, partly out of necessity,
Wells Fargo is in a position to be one of the biggest winners as
rates rise.
Honeywell Earnings Were Great. Here's Why the Stock Is Down.
Industrial giant Honeywell International reported another solid
quarter Friday, but the stock isn't rising.
Scott Stuber Helped Netflix Disrupt Hollywood. Now He Wants to Conquer the Oscars.
The streaming giant's movie chief on why the awards matter to
Netflix, post-pandemic movie-watching and which A-list director
he's trying to coax into a film deal
(END) Dow Jones Newswires
April 23, 2021 13:00 ET (17:00 GMT)
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