Procter & Gamble announced major changes at a global consumer conference, including job cuts and divestments to boost efficiency and shareholder value.
According to a survey conducted by activist investor Jana Partners, average confidence in Lamb Weston’s current board scored just 1.3 on a 10-point scale.
A strong May for U.S. equities is closing on a sour note, after President Donald Trump accused China of "totally" breaching a tariff agreement, raising new fears over trade disputes.
The wholesale chain indicated that it will maintain its prices for now, a move that contrasts with several competing retailers, such as Walmart, which are also adopting this approach.
he company grew from a 17th-century fur trading company into a major Canadian retail chain, before struggling with changing consumer behavior and closures in recent years.
Wall Street charged higher Tuesday, with U.S. equities posting broad-based gains by midday as investors embraced a risk-on mood, spurred by easing Treasury yields and renewed optimism surrounding trade talks between the U.S. and the European Union.
