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Stock Market & Financial Investment News

News Breaks
October 3, 2013
14:52 EDTCLXClorox outlines long-term financial goals
The Clorox Company unveiled its updated strategic growth plan during a Clorox Analyst Day event. The company's long-term financial goals include: Growing net sales 3%-5% annually, expanding earnings before interest and income taxes margin 25-50 basis points annually, and generating free cash flow of 10%-12% of sales annually.
News For CLX From The Last 14 Days
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May 15, 2015
08:36 EDTCLXClorox chairman Donald Knauss to retire July 1
Clorox announced that executive chairman Donald Knauss has decided to retire from the company and the board. The company and the board have accepted his resignation, effective July 1. The board of directors also has appointed George Harad as independent chair of the board, effective July 1. Matschullat will become chair of the nominating and governance committee, effective immediately, and Jeffrey Noddle will become chair of the management development and compensation committee, effective July 1.
May 12, 2015
05:18 EDTCLXClorox raises quarterly dividend 4% to 77c per share from 74c per share
Clorox announced that its board increased the quarterly cash dividend on the company's common stock by 4%, from 74c to 77c per share. The dividend will be payable on Aug. 7, to stockholders of record as of July 22.

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