Reckitt maintains guidance after mixed first quarter
23rd Apr 2025 07:22
(Sharecast News) - Reckitt Benckiser shares were sliding at the open on Wednesday, even after it reported a 3.1% rise in like-for-like net revenue for its Core business in the first quarter, as revenue in Europe and North America declined.
Read moreBerenberg raises target price on Reckitt Group
7th Mar 2025 12:28
(Sharecast News) - Analysts at Berenberg raised their target price on consumer goods giant Reckitt Group from 5,177.0p to 5,920.0p on Friday but warned of "risks on all sides" as 2025 unfolds.
Read moreReckitt posts mixed results as Q4 sales miss estimates
6th Mar 2025 07:28
(Sharecast News) - Consumer goods maker Reckitt unveiled plans for a reorganisation of its divisions and said it was looking at opportunities for Mead Johnson Nutrition after a mixed 2024 as fourth-quarter sales missed estimates.
Read moreLondon close: Stocks fall after better-than-expected US payrolls
10th Jan 2025 16:11
(Sharecast News) - London stocks ended the week lower, with investors reacting to a better-than-expected US nonfarm payrolls report during the afternoon.
Read moreMorgan Stanley upgrades Reckitt, downgrades Haleon
10th Jan 2025 09:25
(Sharecast News) - Morgan Stanley upgraded Reckitt Benckiser and downgraded Haleon on Friday as it took a look at consumer staples stocks.
Read moreLondon close: Stocks mixed as US inflation ticks higher
11th Dec 2024 15:04
(Sharecast News) - London's financial markets ended Wednesday with mixed results as investors weighed an increase in consumer inflation in the US, and its potential impact on monetary policy.
Read moreHSBC upgrades Reckitt Benckiser to 'buy'
11th Dec 2024 09:31
(Sharecast News) - HSBC upgraded Reckitt Benckiser on Wednesday to 'buy' from 'hold' and lifted the price target to 5,500p from 4,800p as it took a look at the outlook for consumer staples next year.
Read moreLondon close: Stocks mixed on eve of US presidential election
4th Nov 2024 15:13
(Sharecast News) - London markets closed with mixed results on Monday, as investors prepared for a week laden with key political and economic events, including the upcoming US presidential election and anticipated policy statements in both the UK and US.
Read moreLondon close: Stocks higher as US jobs report underwhelms
1st Nov 2024 15:08
(Sharecast News) - London stocks closed higher on Friday, as investors digested an unexpectedly low US payrolls figure, as well as a range of UK economic releases.
Read moreReckitt, Abbott clears of liability in latest baby formula trial
1st Nov 2024 07:43
(Sharecast News) - Consumer health products group Abbott and Reckitt have been cleared of liability in a trial investigating whether they hid bowel disease risks associated with premature-baby formula.
Read moreLondon close: Stocks finish lower ahead of Budget, US election
23rd Oct 2024 15:03
(Sharecast News) - London markets closed in negative territory on Wednesday as investor caution prevailed ahead of the upcoming Budget and amid ongoing uncertainty surrounding the US presidential election.
Read moreReckitt on track despite struggles in US nutrition business
23rd Oct 2024 07:17
(Sharecast News) - Reckitt Benckiser reported marginal like-for-like net revenue growth of 0.4% for the first three quarters of 2024 on Wednesday, though it faced a slight decline of 0.5% in the third quarter.
Read moreSunday newspaper round-up: Bond investors, Reckitt Benckiser, Tate&Lyle
20th Oct 2024 11:33
(Sharecast News) - Government bond investors are signalling to the Chancellor that her plans for an additional £80bn of debt will not trigger and Liz-Truss style panic. But that will only hold true if she first establishes clear annual expenditure plans and lays out the economic case for the projects that she wants to fund. The new borrowing would be on top of spending cuts and tax hikes needed to fill a £22bn hole in the country's finances. Chief secretary to the Treasury, Darren Jones, has promised that "independent checks and balances" will be instituted to ensure value for money. - The Sunday Times
Read moreLondon close: Stocks slip ahead of much-awaited Fed decision
18th Sep 2024 15:03
(Sharecast News) - London's stock markets closed lower on Wednesday, as investors digested the latest UK inflation figures and looked ahead to the US Federal Reserve's policy announcement later in the day.
Read moreReckitt said to have started talks on £6bn sale of homecare assets
18th Sep 2024 09:22
(Sharecast News) - Reckitt Benckiser has reportedly started early discussions with some of the potential suitors for its homecare assets, which could fetch more than £6bn in a deal.
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