By Ankit Ajmera (Reuters) – Shares of Ford Motor Co <F.N> fell nearly 8% on Wednesday, a day after the automaker forecast a lower profit for 2020, surprising analysts who also criticized the company’s management for holding back details on the earnings shortfall. The disappointing outlook underscores the higher costs that Ford has been spending […]
FILE PHOTO: Unilever headquarters in Rotterdam, Netherlands August 21, 2018. REUTERS/Piroschka van de Wouw(Corrects headline and first paragraph to show state on track to restrict purchases, not divest current holdings) BOSTON (Reuters) – Florida’s top pension investment officer said on Tuesday he expects the state will restrict purchases of Unilever PLC in October after the […]
BRUSSELS (Reuters) – EU antitrust regulators opened on Thursday an in-depth investigation into Ray-Ban maker EssilorLuxottica’s <ESLX.PA> 7.2 billion euro bid for Dutch opticians group GrandVision <GVNV.AS>, saying the deal could push up prices. The European Commission said the deal between the world’s largest supplier of eyewear and Europe’s largest optical retail chain could also […]
