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Broker tips: Schroders, Reckitt Group, Jet2 - Vimarsana News

Broker tips: Schroders, Reckitt Group, Jet2

Numis has trimmed its target price for Schroders from 380.0p to 365.0p on Thursday after first-quarter results from the asset management firm were "a little weaker than expected".

Bristol Myers Squibb to cut 2,200 jobs as part of $1.5bn cost-savings drive - Vimarsana News

Bristol Myers Squibb to cut 2,200 jobs as part of $1.5bn cost-savings drive

US drugmaker Bristol Myers Squibb on Thursday announced plans to cut its workforce by 6% as part of a $1.5bn cost-savings programme, as it reported better-than-expected results for the first quarter.

Reckitt on track to deliver FY targets as Q1 LFL sales rise - Vimarsana News

Reckitt on track to deliver FY targets as Q1 LFL sales rise

Consumer goods giant Reckitt Benckiser said on Wednesday that it was on track to deliver its full-year revenue and profit targets as it posted a rise in first-quarter like-for-like net sales.

Croda backs FY profit guidance even as Q1 sales decline - Vimarsana News

Croda backs FY profit guidance even as Q1 sales decline

Croda backed its full-year profit guidance on Wednesday despite a decline in first-quarter sales, as it hailed an "encouraging" start to the year for the consumer care business.

US economic activity slows in April, PMIs show - Vimarsana News

US economic activity slows in April, PMIs show

Economic activity in the U.S. slowed last month, the results of two closely followed surveys revealed.