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Stock Market & Financial Investment News

News Breaks
July 3, 2014
13:57 EDTCORI, PGCorium, Procter & Gamble extend supply pact through January 2017
Corium disclosed in a regulatory filing that on June 30 Corium International (CORI) and The Procter & Gamble Company (PG) entered into a restatement of their commercial supply agreement dated June 4, 2010 to, among other things, extend the term of the agreement through January 31, 2017. Pursuant to the Restated Supply Agreement, the Company produces and supplies to P&G oral care products that are sold under the brand name Crest Whitestrips.
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July 18, 2014
12:21 EDTPGCable ad upfront volumes may drop 4% or more, WSJ says
Two of the U.S.'s biggest marketers, Procter & Gamble (PG) and General Motors (GM), have pulled back on their TV network advertising commitments in advance of the "upfront" selling season for cable networks, said The Wall Street Journal, citing people familiar with the matter. The overall volume of ad dollars committed to cable networks during the upfront, which is still under way, could be down 4% or more from last year, people familiar with the situation said. Notable owners of cable television stations include 21st Century Fox (FOXA), Time Warner (TWX), Disney (DIS), CBS (CBS), Comcast (CMCSA), Discovery (DISCA), Viacom (VIAB), and AMC Networks (AMCX). The report added that cutbacks partly reflect a shift of tv ad budgets to digital media, including online video. Google (GOOG) has a large presence in online video with YouTube and Facebook (FB) is taking steps to grow in the area. Reference Link
July 17, 2014
07:45 EDTPGAs Americans age, Procter & Gamble returns to adult diaper market, WSJ says
Procter & Gamble (PG) is expected in the coming months to re-enter the North American adult diaper market that it had exited over a decade ago, according to The Wall Street Journal, citing several retailers and analysts. Rival Kimberly-Clark's (KMB) CEO recently told investors at a conference that demand for its Huggies training pants has been weakening while sales of incontinence products have been growing steadily, the report noted. Reference Link
July 15, 2014
16:19 EDTPGStepan subsidiary to acquire sulfonation facility in Brazil
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