(Reuters) -Kraft Heinz raised its full-year profit forecast after beating first-quarter expectations on Wednesday, as price hikes and resilient demand help the Jell-O maker cushion a blow from higher commodity costs.
Spirit AeroSystems Holdings Inc said on Wednesday it expects a $31 million hit to full-year gross profit from disruptions and rework related to affected 737 MAX fuselages.
Kraft Heinz raised its full-year profit forecast on Wednesday, as price hikes and resilient demand help the Jell-O maker cushion the blow from higher commodity costs.
Revlon Inc said Tuesday that it has emerged from bankruptcy after cutting more than $2.7 billion in debt and handing control of the beauty products company to its lenders.
The dollar fell Tuesday after data showed that U.S. job openings fell in March, a day before the Federal Reserve is expected to hike interest rates by an additional 25 basis points.
U.S. lithium miners Albemarle and Livent are expected to report a rise in quarterly profit this week, but investor focus will likely be on how they plan to navigate the slide in prices for the metal used in electric-vehicle batteries.
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