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Clorox ad spend

Clorox boosts ad spending 30% amid surging demand for cleaning brands

By: Robert Williams
Source: Marketing Dive
Date of Publication: November 4th, 2020
Clorox increased spending on advertising by 30% to $179 million in the September quarter from a year earlier amid rising demand for cleaning supplies during the pandemic, according to a CNBC report.
Saudi Aramco third-quarter profit slumps 44.6% as pandemic chokes demand

Saudi Aramco third-quarter profit slumps 44.6% as pandemic chokes demand

By: Hadeel Al Sayegh, Rania El Gamal
Source: Reuters
Date of Publication: November 3rd, 2020
Saudi Arabian state oil giant Aramco 2222.SE on Tuesday reported a 44.6% drop in third-quarter net profit as the coronavirus crisis continued to choke demand and weigh on crude prices.
Lack of passenger flights squeezes air freight capacity in peak season

Lack of passenger flights squeezes air freight capacity in peak season

By: Jamie Freed
Source: Reuters
Date of Publication: November 2nd, 2020
A sharp fall in passenger flights due to the coronavirus pandemic combined with rising e-commerce demand is setting the stage for tight capacity and a renewed rise in air freight rates heading into the peak Christmas season.
AbbVie raises profit outlook on Botox recovery signs, new drugs growth

AbbVie raises profit outlook on Botox recovery signs, new drugs growth

Source: Reuters
Date of Publication: October 30th, 2020
Drugmaker AbbVie Inc ABBV.N raised its full-year profit forecast on Friday, bolstered by signs of recovery in demand for its Botox injection on easing COVID-19 restrictions and strong growth for its latest drugs, sending its shares up 6%.
Under Armour expects demand for sneakers, face masks to drive annual revenue

Under Armour expects demand for sneakers, face masks to drive annual revenue

Source: Reuters
Date of Publication: October 30th, 2020
Under Armour Inc UA.NUAA.N forecast its annual revenue above Wall Street expectations on Friday, as a pandemic-driven trend to exercise outdoors resulted in a surge in demand for running shoes and face masks.
Sony Playstation 5

Sony Gets Lift From Stay-at-Home Demand Ahead of PlayStation 5 Launch

By: Peter Landers
Source: The Wall Street Journal
Date of Publication: October 28th, 2020
Company joins Japanese tech companies’ V-shaped recovery.
Nestlé logo

Pandemic-Era Shoppers Splurge on Vitamins, Boosting Nestlé Sales

By: Saabira Chaudhuri
Source: The Wall Street Journal
Date of Publication: October 21st, 2020
Small health-science division posts double-digit gains as consumers flock to products that boost health.
Coca-Cola emerges from lockdown blues as out-of-home demand recovers

Coca-Cola emerges from lockdown blues as out-of-home demand recovers

By: Nivedita Balu
Source: Reuters
Date of Publication: October 22nd, 2020
Coca-Cola Co beat revenue and profit expectations on Thursday as a partial reopening of theaters and restaurants boosted demand and helped the world's largest soda maker bounce back from a shattering second quarter.
Oil dips on COVID-19 resurgence, fears of more supply

Oil dips on COVID-19 resurgence, fears of more supply

By: Stephanie Kelly
Source: Reuters
Date of Publication: October 15th, 2020
Oil prices edged lower on Friday, dragged down by concerns that a spike in COVID-19 cases in the United States and Europe will continue to drag on demand in two of the world’s biggest fuel-consuming regions.
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Logitech shares surge as COVID-19 boosts home-working

Logitech shares surge as COVID-19 boosts home-working

By: John Revill
Source: Reuters
Date of Publication: October 19th, 2020
Logitech International LOGN.S shares led Europe's gainers on Tuesday as the computer peripherals maker reported a big jump in second-quarter profit and again hiked its guidance amid a work-from-home boom.