Colgate-Palmolive upgraded to Buy from Neutral at Citigroup Citigroup upgraded Colgate-Palmolive to Buy saying the stock's multiple should expand as earnings growth visibility improves. Citi believes Colgate has "best-in-class" growth.
Colgate-Palmolive announces new $5B share repurchase program Colgate-Palmolive said its board authorized a new share repurchase program providing for the repurchase of shares of common stock having an aggregate purchase price of up to $5B. The program replaces the share repurchase program approved by the board in September, 2011. The company currently expects the new program to last three to four years.