Equity

Colgate-Palmolive has closed the first quarter with a profit of $ 533 million, or 59 cents per share, down slightly from 542 million, or 59 cents per share for the same period last year. Eliminating from the accounts by non-ordinary items the profit amounted to 63 cents per share, centering the expectations of employees to lavori.In decline, by 7.5%, revenues to 3.76 billion dollars, slightly better than the 3 , 75 billion expected by analysts.

After three years away from selling phones business, which was sold to Microsoft, Nokia returns to the consumer market. Yesterday, the Finnish company has announced the acquisition for 191 million dollars, about 170 million euro in cash, the French company Withings, a startup specializing in the production of devices for monitoring body parameters. The transaction should be completed after the summer, after obtaining the approval of regulators.

For the first time in Apple’s history it stops with iPhone sales. The American company has closed the second quarter of the fiscal year with a net profit down 22% to $ 10.5 billion, or $ 1.90 per share, below analysts’ expectations, betting on $ 2 per share. Revenues were down 13% to 50.6 billion dollars. The results below expectations weighed in after hours trading, where the title came to lose 8%.

Nestle, the world’s biggest food company, will create a joint venture in the ice cream industry with R & R, a leader in the freezer products in the UK.

Froneri, the name of the new company co-owned by the two companies, will be located across the Channel and will be present in over 20 countries, including Europe, the Middle East, Argentina, Australia, Brazil, the Philippines and South Africa, employing 15,000 people. Nestlé has indicated in a statement today indicating that sales would be expected of 2.7 billion francs.

Despite the positive close in the first quarter thanks to the strong performance in the NAFTA area, 90% of the total, the huge debt Fiat Chrysler Automobiles NV is entitled to lose more than 3% before the close of the day.

In addition to the 5.5 billion dollars that weigh on the company, the title also suffer because of fears of analysts who fear that the US auto market is now saturated.
"The group confirms for 2018 the objective to a positive net financial position," said the CEO of Fiat Chrysler Sergio Marchionne, and although "the car NAFTA has become harder and more competitive, the nocietà does not provide for a fall" .

Royal Philips appears poised to quote its lighting division to focus on health and wellness segment. "Given the improvement in financial markets, compared to the first two months of the year, an IPO (Initial public offering) now seems the most likely solution," said the Dutch company in a statement explaining that the crucial decision will be taken shortly .
According to Frans van Houten, Philips number one, it is still necessary that tenders are assessed by individual investors, but at this point the way stock exchange seems down.

Procter & Gamble revises downwards its estimates for the full year 2016 after closing a quarter of mixed results, with declining sales and profits rise. The US giant of products for personal care reported in the fiscal third quarter 2016 revenue amounted to $ 15.8 billion, down 7% compared to the same period of 2015, due to the strong dollar. Net profit however rose to 2.75 billion dollars, or 97 cents a share, from 2.15 billion, equal to 75 cents per share, a year earlier. Analysts had expected revenues of 15.81 billion dollars and earnings per share of 82 cents.

Fragility financial markets, oil prices’ volatility, terrorism, Brexit and race for the White House. These are concerns that in the first three months of the year have resulted in a general decline in optimism from businesses about the economic outlook for the next 12 months. They are the most interesting figures of the last Ibr (International Business Report) Grant Thornton that the expectations of revenues, exports and R & D investment remains very low.