Procter & Gamble on Thursday said that it will cut up to 7,000 jobs, or 15% of its non-manufacturing workforce, over the next two years as part of a broader restructuring effort. "As always, employee separations will be managed with support and respect, and in line with our principles and values and local laws," P&G said. "Specific impacts by region or site are not available at this time." The two-year restructuring plan comes as consumer goods giants P&G and Unilever brace for muted demand in 2025, stemmin ...

Core Insights - Citigroup plans to cut approximately 3,500 jobs at its technology centers in Shanghai and Dalian by early Q4 2025 as part of its risk management enhancement efforts [1][7] - The job cuts primarily involve full-time positions, with some roles being relocated to other technology centers [2][4] - This workforce reduction is part of a broader strategy to simplify global technology operations and improve data management following a $136 million fine from U.S. regulators for inadequate data management progress [3][5] Job Cuts and Restructuring - The job cuts at Citigroup's China technology centers are part of a global initiative to reduce 20,000 jobs by 2026, aiming for annualized savings of $2-2.5 billion [5][7] - Citigroup has previously announced plans to cut up to 200 IT contractor jobs in China, indicating a significant restructuring in its technology operations [2][5] - The restructuring is intended to address regulatory requirements and streamline internal processes [4][5] Business Overhaul and Strategic Focus - Citigroup is focusing on growth in core businesses by reducing its international operations, including exiting consumer banking in 14 markets across Asia and EMEA [6][7] - The bank has successfully exited consumer banking in nine countries and is winding down operations in Korea, reallocating capital to higher-return segments like wealth management and investment banking [6][7] - Citigroup's stock performance has seen a 5.9% increase over the past six months, outperforming the industry growth of 3.5% [9]

Key Takeaways MA's adjusted operating expenses jumped 13% in Q1, driven by advertising and admin costs. Despite higher costs, MA's adjusted operating margin rose to 59.3% from 58.8% year over year. MA expects mid-teens expense growth in 2025, along with low-teens growth in net revenues.Mastercard Incorporated (MA) exited the first quarter with a sharp rise in costs. Its adjusted operating expenses rose 13% year over year to $3 billion in the first quarter, on the heels of 10.5% and 11.0% increases in 2023 ...

For in-depth and deep dive research on the casino and gaming sector, subscribe to The House Edge . New: Free excerpts from our book in progress, "The Smartest ever Guide to Gaming Stocks" - free to existing members and new subscribers.Howard Jay Klein has 30 years of experience as an executive and consultant in major casino operations. His background includes: Ballys, Trump Taj Mahal, Mohegan Sun, and Caesars Palace in Las Vegas. He is a value investor first, using management quality to inform his investmen ...

Retailer highlights all the ways to surprise and delight dad leading up to Father's DayCINCINNATI, June 5, 2025 /PRNewswire/ -- The Kroger Co. (NYSE: KR), America's grocer, today shared how customers can celebrate dad with random acts of kindness leading up to Father's Day. From a delicious meal on the grill to a basket of hot sauce and cold beverages, dad deserves the extra love and appreciation this holiday."We can all agree dads deserve more than a single day of recognition, so we're sharing all the ways ...

Apple Inc AAPL may still be iconic, but its stock is no longer invincible. Since peaking against the Magnificent 7 in late 2022, Apple's relative performance has plunged over 45%, a jaw-dropping fall that underlines how far the tech giant has lagged behind its Big Tech peers.Chart created using TradingViewA price ratio chart comparing Apple to the aggregate Mag 7 soared to 0.17 in November 2022. Fast forward to June 2025, and that figure has collapsed to 0.09. While the broader Mag 7 group has powered ahead ...

Core Viewpoint - The article highlights Orla Mining Ltd. (ORLA) as a promising growth stock, supported by strong earnings and cash flow growth, along with positive earnings estimate revisions, making it a solid choice for growth investors [2][10]. Earnings Growth - Orla Mining has a historical EPS growth rate of 76.9%, with projected EPS growth of 185% this year, significantly outperforming the industry average of 40.2% [5]. Cash Flow Growth - The company exhibits a year-over-year cash flow growth of 58.9%, surpassing the industry average of 10.7%. Over the past 3-5 years, the annualized cash flow growth rate has been 49.7%, compared to the industry average of 15.6% [6][7]. Earnings Estimate Revisions - The current-year earnings estimates for Orla Mining have increased by 47.7% over the past month, indicating a positive trend in earnings estimate revisions [9]. Overall Assessment - Orla Mining has achieved a Growth Score of A and holds a Zacks Rank 2, suggesting it is a potential outperformer and a strong candidate for growth investors [10][11].

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a great growth stock is not easy at all.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Gr ...

Key Takeaways Franklin agreed to acquire a majority interest in Apera, a pan-European private credit firm. The deal lifts BEN's global alternative credit AUM to $87B and total alternatives AUM to $260B. Apera enhances BEN's European private credit reach and supports its global alternatives strategy.Franklin Resources, Inc. (BEN) announced its latest move in expanding its alternative asset management capabilities with an agreement to acquire a majority interest in Apera Asset Management (Apera), a pan-Euro ...

Key Takeaways FIVE reported Q1 adjusted EPS of 86 cents and net sales of $970.5M, both rising year over year. Comparable sales grew 7.1% and the adjusted gross margin expanded 130 basis points to 33.8%. FY25 outlook was raised, with sales up to $4.42B and adjusted EPS projected up to $4.72.Five Below, Inc. (FIVE) reported impressive first-quarter fiscal 2025 results, wherein the top and bottom lines beat the Zacks Consensus Estimate. Also, net sales and earnings increased year over year. The company raise ...