Colgate-Palmolive Co. (CL) News
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CL News Highlights
- CL's 30 day story count now stands at 21.
- Over the past 12 days, the trend for CL's stories per day has been choppy and unclear. It has oscillated between 1 and 9.
- The most mentioned tickers in articles about CL are API, CALM and DOW.
Latest CL News From Around the Web
Below are the latest news stories about COLGATE PALMOLIVE CO that investors may wish to consider to help them evaluate CL as an investment opportunity.
U.S. crude stocks tumble, gasoline inventories up - APIU.S. crude oil stockpiles tumbled in the just-ended week, after surging the prior week, while inventories of top fuel product gasoline rose, according to a report by petroleum industry group API. The U.S. crude inventory balance possibly dipped by 5.25M barrels during the week ended Sept. 15, according to the API, or American Petroleum Institute. The petroleum industry group reported a crude build of 1.174M barrels in the prior week to Sept. 8. |
6 Growth Stocks That Look Recession-Resistant, According to Morgan StanleyApple, Boston Scientific, Costco, Monster Beverage, UnitedHealth, and Colgate-Palmolive shares could still rise in the face of a consumer-spending slump, says Morgan Stanley. |
TOM'S OF MAINE LAUNCHES SECOND YEAR OF INCUBATOR PROGRAM TO ELEVATE THE NEXT GENERATION OF ENVIRONMENTAL CHANGEMAKERSToday, Tom's of Maine announces the second annual Tom's of Maine Incubator program, which is designed to resource the next generation of leaders from underrepresented communities who are driving environmental solutions. The program provides funding, mentorship, amplification, and support to early-career changemakers to empower them to Do Good. For Real. The application is now open at www.tomsofmaineincubator.com. |
Inflation accelerates in Canada as gasoline and housing costs riseCanadian households are dealing with a surge in inflation, the fastest in four months, as gasoline and housing costs continue to rise. The consumer-price index (CPI), a key measure of inflation, climbed 4.0% in August from the same period last year, surpassing market expectations of a 3.8% increase, according to data released by Statistics Canada on Tuesday. This follows a rise to 3.3% in July. |
Federal Reserve's policy decision impacts bond yields, amid inflation concernsOn Tuesday, the market displayed a calm demeanor ahead of the Federal Reserve's policy decision, with bond yields experiencing a slight increase. Traders anticipate the Federal Reserve's Wednesday policy announcement, leaving benchmark bond yields almost unchanged, just a few basis points short of a 16-year high. |
Rising oil prices challenge Fed's inflation and growth strategyThe Federal Reserve is grappling with the challenge of rising oil prices as it attempts to guide the economy towards a seldom-seen soft landing. The surge in energy costs, driven by supply cutbacks from Saudi Arabia and Russia, has seen oil prices jump nearly 30% since June, with U.S. crude surpassing $91 a barrel. This increase poses risks as the Fed aims to bring inflation back to its 2% target without sparking an economic downturn. |
Oil prices reach new highs amid supply restrictions and production curbOil prices reached new highs on Tuesday, as traders factored in the implications of supply restrictions. This surge in prices is a result of production curbs by Russia and Saudi Arabia leading to a tightening of supplies. Despite concerns over China's economic growth and a sluggish European economy, investors have continued to rally behind the commodity. Last week, U.S. oil prices rose by 3.7% and Brent by 3.6%, both closing Friday at their highest levels since November. |
U.S. and Iran move towards thawing relations amid global oil market dynamicsThe United States and Iran have recently taken significant steps towards improving their strained relationship, a development that could have substantial implications for the global oil market. The U.S. has released Iranian prisoners held domestically, while five American prisoners in Iran were freed and transported to Qatar earlier this week. Additionally, the U.S. has agreed to release $6 billion in Iranian oil revenue previously frozen in banks. |
Reflation trade loses steam despite recent inflation surgeIn a twist of events, the so-called reflation trade, which has been a dominant market theme following an unexpected inflation surge, appears to be losing momentum. Despite the recent rise in oil prices and consumer demand, experts warn that this trend may not persist, urging investors to exercise caution. |
Investors urged to focus on late-cycle stock sectors amid economic uncertaintyAmid economic uncertainty in the United States, Mike Wilson, Morgan Stanley's top U.S. equity strategist, has advised investors on Monday to focus on late-cycle stock sectors. This advice comes as part of a balanced portfolio approach that involves a combination of defensive growth sectors and late-cycle cyclicals. |