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Buyers will keep springing for fancy Walmart wares

BREAKINGVIEWS-Buyers will keep springing for fancy Walmart wares The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Aimee Donnellan LONDON, May 16 (Reuters Breakingviews) - Walmart WMT.N is moving up the chain. While buyers are ditching expensive drinks at Starbucks SBUX.O and buying fewer happy meals at McDonald’s MCD.N , they’re springing for more items at the $510 billion superstore, including higher-priced goods like furniture and clothing.
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Tequila highlights 'data lake' value for duty-free retailer Avolta

Tequila highlights 'data lake' value for duty-free retailer Avolta By Paolo Laudani and Ozan Ergenay May 16 (Reuters) - With hundreds of millions of passengers streaming through its more than 5,100 outlets worldwide, Switzerland's Avolta AVOL.S is quietly amassing a vast "data lake" which it is increasingly using to fine-tune and expand its retail business.
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India's Dalmia Bharat Sugar fourth-quarter profit falls on weak sales

India's Dalmia Bharat Sugar fourth-quarter profit falls on weak sales BENGALURU, May 14 (Reuters) - India's Dalmia Bharat Sugar and Industries DLMI.NS reported a near 25% fall in fourth-quarter profit on Tuesday, hurt by a drop in sales in its mainstay refined sugar segment. WHY IT'S IMPORTANT India, the world's second-largest sugar producer, has not allowed exports in the current season to keep a lid on local prices, due to the elections and uneven rainfall in the primary sugarcane-growing stat
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Dollar’s stubborn strength dents US companies’ earnings cheer

ANALYSIS-Dollar’s stubborn strength dents US companies’ earnings cheer By Saqib Iqbal Ahmed NEW YORK, May 10 (Reuters) - A host of U.S. companies are faced with a problem they had not expected to confront this year: a rising dollar. Many market participants believed the dollar would fall on the back of interest rate cuts that both investors and the Federal Reserve had penciled in for 2024. Those cuts are yet to come, and the U.S.
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Coca Cola's new bond prices tight, investors still hungry for new debt

Coca Cola's new bond prices tight, investors still hungry for new debt By Matt Tracy WASHINGTON, May 7 (Reuters) - Coca Cola KO.N on Monday priced a 30-year and 40-year tranche as part of its new investment-grade rated corporate bond at the tightest levels in years, as investors demonstrated relentless demand for current yields. The global beverage supplier priced 10-year, 30-year and 40-year bonds as part of a $3 billion multi-tranche offering.
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Coca-Cola Files For Offering Of Two-Part Euro-Denominated Notes Due 2032 And 2044- SEC Filing

BRIEF-Coca-Cola Files For Offering Of Two-Part Euro-Denominated Notes Due 2032 And 2044- SEC Filing May 7 (Reuters) - Coca-Cola Co KO.N : COCA-COLA CO FILES FOR OFFERING OF TWO-PART EURO-DENOMINATED NOTES DUE 2032 AND 2044- SEC FILING Source text for Eikon: [ID:n0001552781-24-000280] Further company coverage: KO.N
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Coca-Cola Co Files For Offering Of Three-Part Notes Due 2034, 2054, 2064 Size Not Disclosed- SEC Filing

BRIEF-Coca-Cola Co Files For Offering Of Three-Part Notes Due 2034, 2054, 2064 Size Not Disclosed- SEC Filing May 6 (Reuters) - Coca-Cola Co KO.N : COCA-COLA CO FILES FOR OFFERING OF THREE-PART NOTES DUE 2034, 2054, 2064 ; SIZE NOT DISCLOSED- SEC FILING Source text for Eikon: [ID:n0001552781-24-000274] Further company coverage: KO.N
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Warren Buffett's successor Greg Abel seen preserving Berkshire's culture

NEWSMAKER-Warren Buffett's successor Greg Abel seen preserving Berkshire's culture By Koh Gui Qing OMAHA, Nebraska, May 6 (Reuters) - When Greg Abel succeeds Warren Buffett at the helm of Berkshire Hathaway BRKa.N , he is expected to preserve the culture at the behemoth even if he does not match the star power of his legendary boss. A 25-year Berkshire veteran, Vice Chairman Abel, 61, is expected by investors and analysts to uphold the $865 billion conglomerate's track record of investing in com
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Buffett talks succession and Berkshire's future at annual meeting

QUOTES-Buffett talks succession and Berkshire's future at annual meeting Adds quotes on economy, life, managing money, Paramount May 4 (Reuters) - Warren Buffett took the stage at Berkshire Hathaway's BRKa.N annual meeting on Saturday, paying tribute to his longtime business partner Charlie Munger, outlining the expanded roles of the executives who are designated to eventually succeed him and discussing Berkshire's opportunities.
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Buffett talks succession and Berkshire's future at annual meeting

QUOTES-Buffett talks succession and Berkshire's future at annual meeting May 4 (Reuters) - Warren Buffett took the stage at Berkshire Hathaway's BRKa.N annual meeting on Saturday, paying tribute to his longtime business partner Charlie Munger, outlining the expanded roles of the executives who are designated to eventually succeed him and discussing Berkshire's opportunities.
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Buffett says Berkshire in good hands, lauds Apple despite lowering stake

WRAPUP 10-Buffett says Berkshire in good hands, lauds Apple despite lowering stake Adds quote in paragraph 5, shareholder votes in paragraph 22 By Jonathan Stempel and Koh Gui Qing OMAHA, Nebraska, May 4 (Reuters) - Warren Buffett assured Berkshire Hathaway BRKa.N shareholders on Saturday that the executives expected to succeed him were ready for the job, and he heaped praise on Apple AAPL.O although Berkshire trimmed its position in the iPhone maker.
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Berkshire Hathaway Says It Paid $2.6 Bln In The Q1 2024 To Repurchase Common Stock

BRIEF-Berkshire Hathaway Says It Paid $2.6 Bln In The Q1 2024 To Repurchase Common Stock May 4 (Reuters) - Berkshire Hathaway Inc BRKa.N : BERKSHIRE HATHAWAY - PAID $2.6 BILLION IN THE FIRST QUARTER OF 2024 TO REPURCHASE COMMON STOCK BERKSHIRE HATHAWAY - APPROX 75% OF AGGREGATE FAIR VALUE WAS CONCENTRATED IN AMERICAN EXPRESS, APPLE, BANK OF AMERICA, CHEVRON AND COCA -COLA AS OF MAR 31 BERKSHIRE HATHAWAY - BERKSHIRE SAYS IT OWNED $135.4 BILLION OF APPLE SHARES AS OF MAR 31 BERKSHIRE HATHAWAY - BE
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Warren Buffett, Berkshire Hathaway at a glance

FACTBOX-Warren Buffett, Berkshire Hathaway at a glance Updates with latest developments By Jonathan Stempel OMAHA, Nebraska, May 4 (Reuters) - Tens of thousands of people descende d on Omaha, Nebraska to attend the annual shareholder weekend for billionaire Warren Buffett's Berkshire Hathaway BRKa.N . Buffett, 93, and Vice Chairman Greg Abel, 61, are expected to answer five hours of shareholder questions at Berkshire's annual meeting on Saturday.
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Diageo names new CFO as it recovers from profit warning

UPDATE 2-Diageo names new CFO as it recovers from profit warning Adds detail in paragraph 3, analyst quote in paragraphs 8-9, detail on Jhangiani in paragraphs 11-12 By Emma Rumney LONDON, May 3 (Reuters) - Diageo DGE.L named Nik Jhangiani as its chief financial officer on Friday, with Lavanya Chandrashekar leaving after three years in the role at the world's largest spirits group.
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Monster Beverage posts higher Q1 revenue on resilient demand, easing costs

Monster Beverage posts higher Q1 revenue on resilient demand, easing costs May 2 - Monster Beverage MNST.O reported a 12% jump in first-quarter revenue on Thursday, helped by steady demand for the energy drink maker's high-priced juices as well as easing freight costs. Demand for the company's energy drinks, including Monster Energy and Tour Water, held as inflation-weary customers stretched their budgets to spend on at-home meals and beverages .
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The Coca-Cola Company Announces Election Of Corporate Officers And Declares Regular Quarterly Dividend

BRIEF-The Coca-Cola Company Announces Election Of Corporate Officers And Declares Regular Quarterly Dividend May 2 (Reuters) - Coca-Cola Co KO.N : THE COCA-COLA COMPANY ANNOUNCES ELECTION OF CORPORATE OFFICERS AND DECLARES REGULAR QUARTERLY DIVIDEND COCA-COLA CO - DECLARED A REGULAR QUARTERLY DIVIDEND OF 48.5 CENTS PER COMMON SHARE Source text for
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Advance Auto Parts Offers Race Fans Once-In-A-Lifetime Trip To Attend Indianapolis 500, Coca-Cola 600

BRIEF-Advance Auto Parts Offers Race Fans Once-In-A-Lifetime Trip To Attend Indianapolis 500, Coca-Cola 600 May 1 (Reuters) - Advance Auto Parts Inc AAP.N : ADVANCE AUTO PARTS OFFERS RACE FANS ONCE-IN-A-LIFETIME TRIP TO ATTEND INDIANAPOLIS 500, COCA-COLA 600 Source text for Eikon: ID:nBw51pv4Ma Further company coverage: AAP.N
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Street View: Coca-Cola well positioned to meet long-term organic sales growth targets

BUZZ-Street View: Coca-Cola well positioned to meet long-term organic sales growth targets ** Coca-Cola KO.N raised its annual organic sales forecast on Tuesday after topping first-quarter results as customers in the United States and international markets shell out more money for its pricey sodas and juices PRICING TO LEVEL OFF ** J.P. Morgan ("ov
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U.S. Air Products and Chemicals, Geron, PayPal

U.S. RESEARCH ROUNDUP- Air Products and Chemicals, Geron, PayPal May 1 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Air Products and Chemicals, Geron and PayPal, on Wednesday. HIGHLIGHTS * 3M Co MMM.N : RBC raises target price to $87 from $78 * Air Products and Chemicals Inc APD.N : TD Cowen raises target price to $320 from $305 * Crescent Energy Co CRGY.N : Gerdes Energy Research raises to buy from neutral * Gero
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U.S. STOCKS Zebra Technologies, Ecolab, American Electric Power

BUZZ-U.S. STOCKS ON THE MOVE-Zebra Technologies, Ecolab, American Electric Power Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes fell on Tuesday with caution prevailing ahead of the Federal Reserve's interest-rate decision and as stronger-than-expected labor costs hinted at persistent inflation.
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