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1 week ago | 
bloomberg.com | Redd Brown
(Bloomberg) -- Shares of Coty Inc. jumped following a report the embattled cosmetics and perfume company is contemplating splitting up the business. The stock rose as much as 13% after Women’s Wear Daily said the company is in the early stages of a sale process, citing “multiple industry sources” it didn’t identify. Coty’s shares declined 32% this year through the close Friday, worse than performance of competitors and major equity indexes.
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2 weeks ago | 
bloomberg.com | Redd Brown
A "Made In USA" sticker on the assembly line at a truck plant in Louisville, Kentucky. (Bloomberg) -- President Donald Trump’s tariff regime may not be having the desired effect of bringing manufacturing back to the US yet, but it’s making companies sound a lot more patriotic. At least that’s what executives are projecting during earnings calls.
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2 weeks ago | 
news.bloomberglaw.com | Redd Brown
President Donald Trump’s tariff regime may not be having the desired effect of bringing manufacturing back to the US yet, but it’s making companies sound a lot more patriotic. At least that’s what executives are projecting during earnings calls.
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2 weeks ago | 
unionleader.com | Redd Brown
Much of the historic Strand District in Galveston, Texas, is about as tacky as it comes. The 19th-century buildings that line its streets are packed with tequila-shot bars, beach shops and souvenir stands. On a recent visit during a dreary spring day, they were all doing brisk business, filled with cruise passengers checking out t-shirts that read “I Don’t Get Drunk I Get Awesome!” and “Shut Up Liver You’re Fine.” Just a few hundred feet away were two Carnival Corp.
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3 weeks ago | 
bloomberg.com | Redd Brown
The village at a Vail Resorts Inc. location in Vail, Colorado, in 2018. (Bloomberg) -- Vail Resorts Inc. cut its full-year earnings outlook just a week after reiterating it, underscoring the difficult task its boomerang chief executive officer faces to turn the resort operator around. Earnings excluding some items will be $848 million to $870 million this year, according to a statement Thursday. The bottom end of its prior forecast was $854 million, while analysts had forecast $867 million.
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3 weeks ago | 
bloomberglinea.com | Karen Leigh |Redd Brown |Daniel Acker
Bloomberg — Kimberly-Clark Corp. (KMB) está formando una empresa conjunta con Suzano SA por la que venderá una participación mayoritaria en sus negocios globales de Kleenex y pañuelos de papel fuera de Norteamérica al proveedor brasileño de pasta de papel. Según los términos del acuerdo, la unidad está valorada en US$3.400 millones, según un comunicado. Kimberly-Clark tendrá una participación del 49% en la nueva empresa.
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3 weeks ago | 
bloomberg.com | Redd Brown
People cross Harborside Drive to get to the cruise terminals in Galveston, TX, U.S., on Saturday, April 5, 2025. (Bloomberg) -- Much of the historic Strand District in Galveston, Texas, is about as tacky as it comes. The 19th-century buildings that line its streets are packed with tequila-shot bars, beach shops and souvenir stands.
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3 weeks ago | 
bloomberg.com | Redd Brown |Karen Leigh |Dayanne Sousa
Kleenex facial tissues for sale at a supermarket in Princeton, Illinois, US. Photographer: Daniel Acker/Bloomberg(Bloomberg) -- Kimberly-Clark Corp. has agreed to sell a majority stake in its global Kleenex and tissue businesses outside of North America to a newly-formed venture with Brazilian pulp supplier Suzano SA. The transaction values the assets under Kimberly-Clark’s International Family Care and Professional unit at $3.4 billion, the Dallas-based company said in a statement.
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4 weeks ago | 
news.bloombergtax.com | Redd Brown |Rachel Phua |Ignacio González
XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.
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4 weeks ago | 
news.bloomberglaw.com | Redd Brown |Rachel Phua |Ignacio González
Broadcom Inc. results next week should underscore how hunger for artificial-intelligence computing remains ravenous despite US trade policy morass. The semiconductor maker is expected to post a record $4.4 billion in AI business sales for the quarter, reinforcing the upbeat industry view offered by peer Nvidia Corp. this week. Companies as disparate as The Campbell’s Co. and Lululemon Athletica Inc.
