Reuters: Consumer Products & Retail News

UPDATE 4-Magna shares race higher on earnings, Opel fallout

Fri, 06 Nov 2009 21:23:44 GMT

* Shares end up 14.2 pct in Toronto, 13.1 pct in New York

UPDATE 4-Opel chief leaves following failed deal

Fri, 06 Nov 2009 20:17:11 GMT

* GM's Lutz to chair Opel supervisory board-source (Recasts with GM confirmation)

PREVIEW-UPDATE 1-Kraft in waiting game as Cadbury deadline nears

Fri, 06 Nov 2009 17:20:27 GMT

LONDON, Nov 6 (Reuters) - Kraft Foods is persisting in its waiting game as a deadline for its acquisition of British confectioner Cadbury nears, and many see a formal bid coming in close to its tight first offer.

UPDATE 1-Fiat CEO says time not right to list Auto unit

Fri, 06 Nov 2009 16:01:06 GMT

* Mergers will continue, but with different management style

Magna shares jump after it posted surprise profit

Fri, 06 Nov 2009 14:42:00 GMT

TORONTO, Nov 6 (Reuters) - Shares of Magna International Inc were up nearly 10 percent on Friday, a day after the auto parts maker announced a surprise quarterly profit and said it would focus on its core business after its deal to buy a stake in General Motors Co's [GM.UL] Opel unit collapsed.

Kraft in waiting game as Cadbury deadline nears

Fri, 06 Nov 2009 14:07:10 GMT

Fiat CEO says not time to list Fiat Auto unit

Fri, 06 Nov 2009 13:51:15 GMT

ZURICH, Nov 6 (Reuters) - It is not the right time for Italian auto group Fiat SpA to list its Fiat Auto unit on the stock exchange, Fiat Chief Executive Sergio Marchionne said on Friday.

RLPC-UPDATE 1-Porsche pushes to agree 8.5 bln eur loan-bankers

Fri, 06 Nov 2009 12:52:08 GMT

* Porsche wants deal before Nov. 11 board meet - bankers

PREVIEW-Sainsbury H1 profit seen up 16 percent, H2 tougher

Fri, 06 Nov 2009 12:49:29 GMT

* TNS, Nielsen UK grocery market data on Tuesday, Nov. 10

UPDATE 2-Hermes outshines rivals, optimistic about Christmas

Fri, 06 Nov 2009 12:03:14 GMT

* Hermes says to exceed target of flat sales at constant fx

Porsche pushes to agree 8.5 bln euro loan-bankers

Fri, 06 Nov 2009 11:03:00 GMT

LONDON, Nov 6 (Reuters) - German carmaker Porsche SE is pushing to agree an 8.5 billion euro ($12.62 billion) loan by Nov. 10, two bankers close to the deal said on Friday.

Audi raises 2009 vehicle sales expectations-paper

Fri, 06 Nov 2009 10:42:29 GMT

FRANKFURT, Nov 6 (Reuters) - Volkswagen's premium brand Audi expects its vehicle sales to fall less than previously thought to over 920,000 vehicles this year, Audi sales chief Peter Schwarzenbauer told a German newspaper.

UPDATE 1-PSA says supplier base needs to consolidate

Fri, 06 Nov 2009 10:40:58 GMT

* PSA says giving 250 mln euros directly to suppliers in '09

Workers end strike at Indian supplier to GM, Ford

Fri, 06 Nov 2009 09:14:24 GMT

NEW DELHI, Nov 6 (Reuters) - Workers at an India auto-parts maker have ended a six-week strike, which had hit supplies to General Motors [GM.UL] and Ford and caused the shutdown of some North American plants, an official at the Indian firm said.

UPDATE 3-Tate & Lyle warns on pricing as H1 profits dip

Fri, 06 Nov 2009 09:12:48 GMT

(Adds comments by finance director, analyst; share price)

UPDATE 1-Halloween, early Christmas shopping lift John Lewis

Fri, 06 Nov 2009 07:53:11 GMT

* Sales up at only four stores vs the same week in 2007

UPDATE 1-USTR Kirk says S.Korean trade pact needs new auto deal

Fri, 06 Nov 2009 02:42:00 GMT

* US says needs level playing field in S.Korea auto market

UPDATE 4-Starbucks raises outlook as turnaround signs mount

Fri, 06 Nov 2009 01:31:57 GMT

* Shares climb nearly 4 percent (Adds analyst comments, executive comments on global expansion, details of product expansion)

WRAPUP 3-GM readies Opel plan, workers strike

Fri, 06 Nov 2009 00:58:09 GMT

DETROIT/RUSSELSHEIM, Germany, Nov 5 (Reuters) - General Motors Co [GM.UL] on Thursday said it was readying a plan to restructure Opel and could pay off debt due this month as German workers went on strike to protest the automakers decision to keep the European unit.

UPDATE 2-Sotheby's flags art market recovery following Q3 loss

Fri, 06 Nov 2009 00:15:23 GMT

* Says on track to exceed $160 mln expense savings target

UPDATE 3-Starbucks beats view, raises targets, shares jump

Thu, 05 Nov 2009 23:33:32 GMT

* Shares up 4 percent (Adds details, CFO's comments, updates shares)

UPDATE 2-Magna rides cost cuts to profit but sales drop

Thu, 05 Nov 2009 23:02:19 GMT

* Q3 profit $0.45/shr vs year-earlier share loss of $1.93

UPDATE 6-Toyota in surprise Q2 profit, outlook bumpy

Thu, 05 Nov 2009 22:33:32 GMT

* Sees FY operating loss Y350 bln instead of Y750 bln loss

CORRECTED - UPDATE 4-Hyatt stock rises 12 pct in debut

Thu, 05 Nov 2009 22:32:39 GMT

(Corrects to show that the shares rose 12 pct in first paragraph and that $1.06 billion is Hyatt's market cap after first day of trading)

Live Nation-Ticketmaster UK merger review extended

Thu, 05 Nov 2009 21:12:46 GMT

LONDON, Nov 5 (Reuters) - Britain's Competition Commission extended on Thursday its inquiry into the proposed merger between Live Nation Inc and Ticketmaster Inc , the two most powerful companies in the live music business.