Colgate-Palmolive (CL) tops Q1 expectations, raises sales guidance

Colgate-Palmolive Company (CL) PT Raised to $98 at Deutsche Bank

April 29, 2024 9:56 AM EDT

Deutsche Bank analyst Steve Powers raised the price target on Colgate-Palmolive Company (NYSE: CL) to $98.00 (from $94.00) while maintaining a Buy rating.

The analyst comments "Looking ahead, CL reiterated its full-year adjusted EPS outlook (+MSD-HSD growth), baking in sufficient conservatism, in our view, and... More

Colgate-Palmolive Company (CL) PT Raised to $100 at BofA Securities

April 29, 2024 7:03 AM EDT

BofA Securities analyst Brian Spillane raised the price target on Colgate-Palmolive Company (NYSE: CL) to $100.00 (from $90.00) while maintaining a Buy rating.

The analyst comments "CL opened the year with organic sales growth of +9.8% and high-quality EPS of $0.86 vs our $0.82 forecast. Pricing growth of +8.5%... More

Colgate-Palmolive Company (CL) PT Raised to $95 at RBC Capital

April 29, 2024 6:35 AM EDT

RBC Capital analyst Nik Modi raised the price target on Colgate-Palmolive Company (NYSE: CL) to $95.00 (from $88.00) while maintaining a Sector Perform rating.

The analyst comments "Another impressive print for CL, displaying robust topline growth with upside coming from pricing and volume. Margin strength was... More

Colgate-Palmolive Company (CL) PT Raised to $92 at Wells Fargo

April 29, 2024 5:48 AM EDT

Wells Fargo analyst Chris Carey raised the price target on Colgate-Palmolive Company (NYSE: CL) to $92.00 (from $90.00) while maintaining a Equal Weight rating.

The analyst comments "Most angles of CL valuation will show it at the highest relative premiums to HPC peers... More

Colgate-Palmolive (CL) Tops Q1 EPS by 5c

April 26, 2024 6:55 AM EDT

Colgate-Palmolive (NYSE: CL) reported Q1 EPS of $0.86, $0.05 better than the analyst estimate of $0.81. Revenue for the quarter came in at $5.07 billion versus the consensus estimate of $4.96 billion.

For earnings history and earnings-related data on Colgate-Palmolive (CL) click here.

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Oil prices edge higher ahead of more rate cues; weekly gains on tap

April 26, 2024 4:21 AM EDT

Investing.com-- Oil prices rose slightly in Asian trade on Friday and were set for a positive end to the week amid bets on tighter supplies and persistent geopolitical unrest in the Middle East.

But gains were tepid with traders on edge ahead of key U.S. inflation data due later in the day, which is set to offer more cues on the path of interest rates. 

Brent oil futures rose 0.4% to $89.32 a barrel, while West Texas Intermediate crude futures rose 0.4% to $83.86 a barrel by 20:54 ET (00:54 GMT). 

A... More

European stocks rise, helped by positive global sentiment; NatWest gains

April 26, 2024 4:20 AM EDT

Investing.com - European stock markets rose Friday, regaining momentum as investors digested a slew of significant corporate earnings ahead of the release of key U.S. inflation data.

At 03:35 ET (07:35 GMT), the DAX index in Germany traded 0.5% higher, the CAC 40 in France traded 0.3% higher and the FTSE 100 in the U.K. climbed 0.6%.

European earnings season continues

European stock markets have received a healthy handover from Asia, with most markets buoyed by gains in the technology sector as investors cheered strong earnings from... More

European stocks rise, helped by positive global sentiment; NatWest gains

April 26, 2024 4:19 AM EDT

Investing.com - European stock markets rose Friday, regaining momentum as investors digested a slew of significant corporate earnings ahead of the release of key U.S. inflation data.

At 03:35 ET (07:35 GMT), the DAX index in Germany traded 0.5% higher, the CAC 40 in France traded 0.3% higher and the FTSE 100 in the U.K. climbed 0.6%.

European earnings season continues

European stock markets have received a healthy handover from Asia, with most markets buoyed by gains in the technology sector as investors cheered strong earnings from... More

European stocks mixed; Euro banking sector, Meta Platforms in the spotlight

April 25, 2024 4:25 AM EDT

Investing.com - European stock markets traded in a mixed fashion Thursday, with investors focusing on a deluge of significant corporate earnings.

At 04:00 ET (08:00 GMT), the DAX index in Germany traded 0.4% lower, the CAC 40 in France traded 0.3% lower, while the FTSE 100 in the U.K. climbed 0.4%.

European banking sector in focus 

The banking sector is in the spotlight in Europe Thursday, as the quarterly earnings season kicks into top gear.

Deutsche Bank... More

Oil prices flat as markets await more economic cues; US inventories shrink

April 24, 2024 4:25 AM EDT

Investing.com-- Oil prices tread water in Asian trade on Wednesday, cooling after recent volatility as focus shifted from easing tensions in the Middle East to more upcoming cues on the U.S. economy and interest rates. 

Industry data showing an unexpected draw in U.S. inventories offered some support to crude prices, as did weakness in the dollar after softer-than-expected U.S. purchasing managers index data. 

Brent oil futures expiring in June steadied at $88.50 a barrel, while West Texas Intermediate crude futures rose 0.1% to $83.46 a barrel by 20:50 ET (00:50 GMT).

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European stocks rise; Tesla earnings boost global sentiment

April 24, 2024 4:09 AM EDT

Investing.com - European stock markets mostly rose Wednesday, largely maintaining the recent positive tone as the quarterly earnings season continues in full swing.

At 03:40 ET (08:40 GMT), the DAX index in Germany traded 0.2% higher, the FTSE 100 in the U.K. climbed 0.3%, while the CAC 40 in France traded 0.1% lower.

U.S. tech bounce boosts global sentiment 

European equities have benefited from the positive tone generated globally from an extended rebound in the U.S. technology sector, emphasised by strong gains from electric vehicle giant Tesla... More