Meltdown 101: Some Signs of Strength in US Exports Nov 14, 2009
Consumer goods, capital goods like factory equipment and automobiles all rose. One exception was farm products, with exports of corn, soybeans and other foods falling steeply during the month. (ABC News -- Wire)
Brazil Stocks Climb, Cap Weekly Rise, on Retail Sales Jump, Cyrela Profit Nov 14, 2009
The government cut taxes on consumer goods and policy makers cut to a record low 8. 75 percent in a bid to fuel a recovery amid the global economic slowdown. (Bloomberg -- Latin America)
Tony Hawk and Live Like a Champion Tour Roll Into Magnolia Science Academy to Promote Active Lifestyles Nov 14, 2009
Consumer goods bearing the Tony Hawk brand have dominated several markets, including interactive games, skateboard hard goods, lifestyle apparel, toys, publications and more. About Activision Publishing, Inc.. (Yahoo! Wire -- Entertainment News)
* Eurozone industrial production rises Nov 13, 2009
The setback could be seen in detailed figures showing a slump in the production of durable consumer goods such as fridges and TVs, which fell 6. 0 percent in September after a revised 5. (Taipei Times, Taiwan -- World)
Sensex opens higher in morning trade Nov 13, 2009
MUMBAI: The Bombay Stock Exchange benchmark index Sensex rose by over 60 points in early morning trade on emergence of buying by funds in fundamentally strong shares, specially consumer goods and banking, available at attractive low levels ... The BSE benchmark index Sensex rose by over 60 points in early morning trade on emergence of buying by funds in fundamentally strong shares, specially consumer goods and banking, available at attractive low levels. (India Times, India)
Festive cheer pumps up IIP output Nov 13, 2009
Festival buying, continued stimulus measures and a pick-up in demand following the release of wage arrears for government staff boosted buying of a range of consumer goods. Ajay Shankar, secretary in the Department of Industrial Policy and Promotion, described industrial performance in September as a sustainable and a broad-based figure. (India Times)
Survey: Texans cutting back on spending Nov 13, 2009
Like the rest of the country, worries about health care costs (28 percent) and the price of consumer goods such as food or gasoline (24 percent) are the top two items on Texans list of concerns. Kathleen Gibson, Citibank central division president of commercial banking, says the survey accurately reflected what she hears on a daily basis. (Dallas Business Journal, TX)
Tweets Steer Venezuelans Through Caracas Traffic in BlackBerry Revolution Nov 13, 2009
Some Venezuelans, boxed in by currency controls, and low interest rates, are spending more on consumer goods rather than put depreciating bolivars in the bank. Inflation Hedge. (Bloomberg -- Canada)
Demand surge in India adds to stimulus exit debate Nov 12, 2009
Demand in Asia's third largest economy has been rising faster than expected, supported by low interest rates and government spending, helping to drive sales of cars and other consumer goods. Consumer demand and supply shortages in food items after a weak monsoon have driven up inflation in recent weeks. (India Times)
Virtual Goods Offer An Alternative To Material Consumption As Social Lives Move To Online Networks Nov 11, 2009
"People buy virtual goods for the same reasons as they buy material goods. In online spaces, virtual goods can function as markers of status, elements of identity and means towards ends in the same way as material consumer goods do in similarly contrived physical spaces," says Lehdonvirta. In his doctoral thesis, Lehdonvirta also considers the economic and ecological consequences of the digitalisation of consumption. (Science Daily)
Unilever shutting Chicago office Nov 11, 2009
Nov. 10, 2009 (AP) Consumer goods maker Unilever PLC said Tuesday it will close its office in Chicago and move those operations to its North American headquarters in Englewood Cliffs, N.J.. Its Chicago office will be closed by July 2010. (Crain's Chicago Business)
Food fight: Cadbury rejects Kraft's $16.4B hostile offer Nov 10, 2009
Despite speculation of a bidding war when Kraft's initial approach was revealed in September, rival interest from the likes of U.S. candymaker Hershey has yet to emerge and consumer goods group publicly ruled itself out last week. Billionaire , whose investment firm is the biggest shareholder in Kraft, had said the previous Cadbury offer was "pretty full.". (USA Today -- Money)
Cadbury rejects $16.4 billion hostile takeover bid from Kraft Nov 10, 2009
Dutch consumer goods group publicly ruled itself out last week. Kraft hopes the reality that a competitive bidder will not step forward and that this is the best deal in town will convince Cadbury shareholders to vote in favor of this transaction, said Christopher Growe, an analyst with Stifel Nicolaus & Co.. (Boston Globe)
German exports up 3.8% in September Nov 10, 2009
Meanwhile, retail sales remain weak and imports of consumer goods sluggish, he added, revising downward his estimate of third-quarter economic growth to 0 ... Consumer goods production saw a smaller rise of 2. (Sydney Morning Herald -- Business)
Ekuinas to unveil RM100m projects Nov 10, 2009
However, Abdul Rahman said Ekuinas had identified sectors it planned to invest in education, fast-moving consumer goods, oil and gas, medical and healthcare equipment, leisure and services. We believe these sectors have high growth potential, he said, adding that Ekuinas would not invest or participate in businesses that had received support from existing SPVs set up for bumiputras. (The Star Online, Malaysia -- Business)
Cadbury rejects hostile bid from Kraft Foods Nov 10, 2009
Despite speculation of a bidding war when Kraft's initial approach was revealed in September, rival interest from the likes of U.S. candymaker Hershey Co. has yet to emerge and consumer goods group Unilever NV publicly ruled itself out last week. Billionaire Warren Buffett, whose investment firm Berkshire Hathaway is the biggest shareholder in Kraft, had said the previous Cadbury offer was "pretty full.". (MSNBC -- Business)
Africa: Giant Buys a Lamb Nov 9, 2009
Otherwise, we Africans are fed up with sub-standard consumer goods manufactured by Taiwanese factories, allegedly with specifications from crooked African businessmen. Or the biggest one of them all, the Americans. (allAfrica.com)
Investors may use revival to book profits Nov 9, 2009
Amid a cautious outlook, analysts expect investors to shuffle their porfolios in favour of the so-called defensive sectors such as consumer goods and healthcare. Antiques Ms Vora is bearish on automobile, metals and bank shares, while expects consumer foods and healthcare shares to outperform in a weak market. (India Times)
IDFC Premier Equity proves its potential in bear, bull phases Nov 9, 2009
Off late, the fund has shown an interest in the consumer goods segment that accounts for more than 27% of its portfolio currently. Its latest buys in this segment include Raj Oil Mills, Lakshmi Energy and KS Oils. (India Times)
Montblanc gearing up for growth Nov 9, 2009
He further noted that the growing attendance of branded goods flocking to the local scene during this period was proof that Malaysians taste in consumer goods had matured and developed into almost a passion for perfection. And this is where the appreciation for Montblanc products manifests itself, he said. (The Star Online, Malaysia -- Business)
Did Anti-Communists Really End Communism? Two Historians Say No. Nov 9, 2009
At the time, it was partly an answer to the Polish Communist Party's attempt to pacify the population with imported consumer goods, paid for with borrowed dollars. Pleshakov wants to make a more complex point: that the "correlation between prosperity and liberty is never simple," and that people wanted bread just as much as they wanted freedom. (Slate)
Graham: House Bill "D.O.A." in the Senat00004000e Nov 9, 2009
Health care doesn't respond to a free market like many consumer goods that you can easily do without - thus keeping prices in check. Back in the 1940s, when health insuranc companies were non-profit - it perhaps made sense to make them exempt from anti-trust laws, such as price fixing, etc. (CBS News)
Communist consumer goods make comeback Nov 8, 2009
November 8, 2009 - 7:29PM. Once the butt of jokes the world over, communist-era East European goods from sweets, to rustic washing machines and clunky cars are all the rage again. (Sydney Morning Herald -- World)
Nostalgia for life behind the wall surfaces in Germany Nov 8, 2009
For years, Ludwig urged many locals to donate textbooks, consumer goods, propaganda posters - anything that could help explain the era to future generations. The museum now has 150,000 items in its collection. (Boston Globe)
China Offers Africa More Trade, Investment Nov 7, 2009
Among the new measures Chen proposed are exempting unspecified types of commodities from customs duties, setting up logistics centers in Africa and creating an inspection system to weed out trade in substandard consumer goods. China would also continue to build schools and hospitals, support malaria-prevention programs and improve farming methods in Africa, Chen said. (ABC News -- Business)
Railroads are back on track Nov 7, 2009
They began investing more in their infrastructure and getting shares of the consumer goods market that was previously dominated by the trucking industry. They looked at expanding their markets and improving their offerings, Evers said. (Jacksonville Business Journal, FL)
Aggressive campaigning for a better market share Nov 7, 2009
For fast-moving consumer goods company Nestle (M) Bhd, segmentation is used both in product development and positioning to help the company understand the needs of each segment in developing better products. Segmentation also helps us to look for a common thread between the segments to enable us to talk to the target consumers more effectively, communications director Khoo Kar Khoon says. (The Star Online, Malaysia -- Business)
Marcus Wallenberg, Chairman, SEB Nov 6, 2009
As the scion of the one of the worlds most influential business families that own more than 100 companies, such as ABB, Ericsson, Electrolux, Saab and AstraZeneca the 53-year-old Marcus Wallenberg has an unparalleled inside view of global businesses across sectors as varied as consumer goods, defence systems, telecommunications, pharmaceuticals and financial s 00004000 ervices. Mr Wallenberg is the chairman of Skandinaviska Enskilda Banken (SEB), Saab, Electrolux, and the deputy... (India Times)
* World Business Quick Take Nov 6, 2009
CONSUMER GOODS Unilever profit drops 36% Unilever NV, the maker of Dove soaps and Ben s ice cream, says its profit fell 36 percent in the third quarter, due mostly to the sale of operations a year ago. The company has reported net profit of 1. (Taipei Times, Taiwan -- World Business)
Productivity Surge: The Dark Side Nov 6, 2009
Workers who are laid off or given reduced hours can't afford to spend as much money, so demand for consumer goods remains soft. Economists who welcomed the productivity numbers observed that they should be good for corporate profits. (BusinessWeek)
Global equity fund flows turn negative Nov 6, 2009
Technology funds and consumer goods funds posted outflows of $226 million and $216 million respectively. Read business stories in. (India Times)
Do kids still love Sesame Street 40 years on? Nov 6, 2009
This pattern leads to frustration in adulthood when people don t give you what you want, and chasing the leading edge of consumer goods destroys contentment with ourselves seeking inner fulfillment from external baubels. Not to mention it ruins the environment, polarizes the global economy, is unsustainable, and ultimately spiritually depressing. (Atlanta Journal-Constitution -- Living)
FMCG: Inflation may spoil show Nov 5, 2009
For fast moving consumer goods (FMCG) companies, the second quarter of this fiscal was characterised by significant savings on raw materials, volume growth on the back of aggressive ad spend and price cuts with smaller players outperforming the market leaders. The adverse impact of a weak monsoon is yet to be reflected in the performance of companies. (India Times)
The Alpha Group and FIMI Recommend Joshua Sheffer as New Retalix CEO Nov 5, 2009
With over 40,000 sites installed across more than 50 countries, Retalix solutions serve the needs of grocery chains, convenience and fuel retailers, food and consumer goods distributors and independent grocers. The Company offers a portfolio of software applications that automate and synchronize essential retail and supply chain operations, encompassing stores, headquarters and warehouses. (Primezone Releases)
Shoppers' rights 'under threat' Nov 5, 2009
"Consumers often care a great deal about the appearance of new consumer goods. What is minor to the retailer may not be minor to the consumer," the report said. "A risk is that traders might argue that any fault is minor, so that refunds will no longer be offered in practice.". (BBC News -- Europe)
Wipro buys Yardley personal care biz for $45.5 mn Nov 5, 2009
5 million, adding to its consumer goods business. Wipro said it had signed an agreement with UK-based Lornamead group, which owns the Yardley brand, for the businesses in Asia, the Middle East, Australasia and some African markets. (India Times)
Australian Exports Jump Most in 11 Months, Underpinning Growth, Rate Rises Nov 5, 2009
1 billion in September, driven by a 2 percent increase in consumer goods shipments. Fuel imports surged 71 percent. (Bloomberg -- Australia & New Zealand)
BPA In Canned Foods Nov 4, 2009
WASHINGTON, DC (WUSA) -- Bisphenol A, the controversial chemical used to make plastic baby bottles and other consumer goods, may now be stocked in your pantry. tested 24 different canned foods for BPA. They found many of the samples had higher levels of the chemical. (W-USA News, DC)
China Led World Again In October; GDP Lives Large Nov 4, 2009
Resisting the downward tug were safe-haven consumer goods, down 0. 46%, and natural resources, down 0. (Yahoo News -- Press Releases)
Representing Germany Nov 4, 2009
Despite some of these challenges, Langedyke said Germany is still a world leader in consumer goods and raw materials. Langedyke's group spent 14 hours in two weeks researching Germany. (Pocatello Idaho State Journal, ID)
Deans Knight Income Corporation Announces Third Quarter 2009 Operating Update- Unaudited Nov 4, 2009
"market" : {"NAME" : "U.S.", "ID" : "us_market", "TZ" : "ET", "TZOFFSET" : "-18000", "open" : "1257345025", "close" : "1257368425", "flags" : {}} , "STREAMER_SERVER" : "http://streamerapi.finance.yahoo.com","arrowAsChangeSign" : false,"throttleInterval": "1000". Search for share prices. (CCNMatthews Press Releases)
Buffetts all-in bet on the economy Nov 4, 2009
The railroad also ships a large amount of consumer goods including items imported from Asia from big Western ports like Los Angeles and Seattle. Analysts say Buffett is planting both feet in an industry that is poised to grow as the economy gets back on solid ground. (MSNBC -- Business)
How the Brain Reveals Why We Buy Nov 3, 2009
The volunteers came in and, in the first round, were presented with an array of various consumer goods, which they were asked to rank by appeal. Simple answers on a numerical scale. (Scientific American)
Domestic demand can sustain Asian growth Nov 2, 2009
China remains a relatively small importer of consumer goods, and the composition of its imports remains very different from those of currently major import markets. Going forward, Asian policymakers thus face two major challenges. (Xinhuanet, China)
Cubans say access to online market site is blocked Nov 2, 2009
Cuban computer experts say an Internet content filter is preventing access to the Craigslist-like site, which has emerged as a booming virtual free market in the socialist nation with a tightly controlled economy where consumer goods tend to be scarce and expensive. On Revolico. (Yahoo News -- Technology)
Hindustan Unilever net down 22 pc Nov 1, 2009
28 NOTE: Hindustan Unilever Ltd is India's consumer goods company. Read business stories in. (India Times)
Funeral company leaving its mark Nov 1, 2009
Total worldwide sales for Matthews in fiscal 2008 amounted to $818 million and nearly half of that -- $329 million -- came from its brand solutions group, which provides equipment used to identify and mark consumer goods and industrial products. With 4,500 employees worldwide, including 800 workers in the region, the 159-year-old public company is the oldest continually operating company in Pittsburgh. (Pittsburgh Post-Gazette, PA)
Bangladesh—2009 Article IV Consultation: Preliminary Conclusions of the IMF Mission Oct 31, 2009
The FY2010 budget s extension of para-tariffs and the introduction of a regulatory duty to a large number of consumer goods raised nominal protection and is second-best to comprehensive tax policy reform. II. Economic Outlook. (IMF News)
Stock questions? Ask Matt Oct 30, 2009
As the name suggests, this retailer sells food and other consumer goods for 99 cents an item. The shares had been relative laggards vs. some of the other deep discounters' due to a number of operational hiccups. (USA Today -- Money)
Mid-caps are the flavour of the season Oct 30, 2009
While consumer goods and pharmaceuticals favourites of 2008 have seen little shrinkage in popularity, Information Technology and Automobiles appear to have generated to renewed interest in fund managers this year. Read business stories in. (India Times)
FMCG hold their own in slow times Oct 30, 2009
MUMBAI: At a time when global economy was going through a severe downturn, fast moving consumer goods (FMCG) and consumer durable sectors managed to post 10-20% growth on the back of strong demand from semi-urban and rural areas ... The performance mirrors the robust growth trends seen in basic consumer goods such as soaps and shampoos and was lifted by buoyant demand in rural and semi-urban markets ... Makers of consumer expendables (fast-moving consumer goods in industry parlance), mobile... (India Times)
Nestl: The unrepentant chocolatier Oct 30, 2009
Unlike the quick development cycles usually seen in fast-moving consumer goods, which typically take one to two years, products in Nestl; s nutrition pipeline may take four to six years to develop ... Another benefit to such long-term research, observes Mr Laube, is that it tends to produce the sorts of innovations that pay dividends for longer than the minor, fleeting improvements made to consumer goods. (The Economist)
Term and Spot Contracts -- Finding a Balance Oct 29, 2009
Trade flows are fundamentally driven by the "supply-demand" balance in any market, be it oil, money, consumer goods, pharmaceuticals, apparel, etc. The footprint of "supply-demand" is apparent in each and every business function across the life-cycle of the commodity, from planning, manufacturing, trading, logistics, to finance. (Energy Pulse, CO)
Thinking About The Box Oct 28, 2009
Supplemental research further supported his conclusions about packaging, showing they also roughly applied to other consumer goods, such as toys and furniture. In general, you could say that companies have paid too little attention, or too late, to their packaging. (Science Daily)
Ace Davis: Loyal Fans Due Some Treats Oct 28, 2009
If it were like most other consumer goods and services, Browns football would need to reliably offer good value or else soon risk extinction. The Browns do not. (BerniesInsiders.com)
Payouts pinch India Inc's big guns Oct 27, 2009
London-based British American Tobacco (BAT), which has stakes in cigarette maker VST Industries and diversified consumer goods company ITC, saw its dividend income rise 7. The Ambani brothers and BAT were the only three promoter groups among the top 10 list to pocket higher dividends last year. (India Times)
Interest rates unlikely to go up Oct 27, 2009
The RBI's policy rate change may not be successful in arresting rising prices of consumer goods, he said. This view was supported by the PM's Economic Advisory Council that had in its recent economic outlook report for 2009-10 justified the stimulus packages. (India Times, India -- Intl Business)
Cities with the world's best quality of life Oct 27, 2009
The survey is based on 39 criteria, subdivided into 10 categories, concerning the political system (including restrictions on freedom and censorship), economic framework (such as the availability of consumer goods and banking services), social infrastructure (health, crime, transport), training opportunities, cultural amenities, recreational activities, climate and the environment. Are comparisons possible. (SwissInfo.org, Switzerland)
Sohu.com Reports Third Quarter 2009 Unaudited Financial Results Oct 26, 2009
On June 20, 2006, Sohu discontinued its own e-commerce platform of physical consumer goods. While processing the disposal of its e-commerce business, Sohu is reporting the related business activities as discontinued operations. (Yahoo! Wire -- Entertainment News)
US stocks: Investors seek more signs of stronger economic recovery Oct 26, 2009
Energy, telecoms and consumer goods companies will be in the spotlight as the reporting season kicks into overdrive, with Exxon Mobil, Chevron Corp, Verizon Communications and Colgate-Palmolive among a raft of companies on this weeks scoreboard. Traders work on the floor of the New York Stock Exchange. (The Star Online, Malaysia -- Business)
CTAM Summit 2009: Nat Geo Doubles Down for 'Expedition Week' 2 Oct 26, 2009
Local affiliate incentive programs are planned for top DMAs, including trips, consumer goods and day excursions. A free preview of NGC will be offered to all affiliates and run Nov. 11-25 to include the Expedition Week fare. (Multichannel News)
FMCG, retail bicker over margins Oct 26, 2009
With a spate of contracts up for renewal in January, about 10 fast moving consumer goods (FMCG) companies have ruled out higher margins, accusing big retailers of pushing their own labels at the expense of their established brands and not meeting the sales and expansion targets as per the contracts. Modern retail today is not offering us the kind of throughput to demand such margins. (India Times)
India Inc keeps up profit rally in Q2, sales dip Oct 26, 2009
But the results of consumer goods and services firms show domestic demand is robust ... Many large consumer goods and service companies such as ITC, Asian Paints, Pantaloon Retail and top automakers Maruti Suzuki, Hero Honda and Bajaj Auto have reported double-digit growth in revenues and a sharp rise in profits. (India Times)
Comparison shopping taking place of leisure? Oct 25, 2009
Seek and ye shall find just about any type of consumer goods online at eBay, Amazon. com, Craigslist. (Pittsburgh Post-Gazette, PA)
Earnings, data to determine rally's fate Oct 24, 2009
Energy, telecom and consumer goods companies will be in the spotlight as the reporting season kicks into overdrive, with Exxon Mobil, Chevron Corp, Verizon Communications and Colgate-Palmolive among a raft of companies on next week's scoreboard. Visa Inc, the world's largest credit card network, also is due to report next week. (Sydney Morning Herald -- Business)
