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Stock Market & Financial Investment News

News Breaks
January 9, 2013
08:32 EDTECL, PGEcolab names Alex Blanco as EVP, Chief Supply Chain Officer
Alex Blanco has joined Ecolab (ECL) as EVP and chief supply chain officer, effective Jan. 1. Blanco will oversee the companyís global supply chain operations, including Ecolabís 98 manufacturing plants and more than 200 distribution and other supply chain facilities around the world. Blanco joins Ecolab after 30 years with Procter & Gamble (PG). Most recently, he served as vice president, Product Supply Global Beauty Sector.
News For ECL;PG From The Last 14 Days
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July 31, 2014
06:35 EDTECLEcolab upgraded to Overweight from Neutral at JPMorgan
JPMorgan upgraded Ecolab to Overweight citing volume expansion and growing pricing power. The firm raised its price target for shares to $118 from $105.
06:22 EDTECLEcolab upgraded to Overweight from Neutral at JPMorgan
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July 30, 2014
08:10 EDTPGProcter & Gamble August weekly volatility elevated into Q4
Procter & Gamble August weekly call option implied volatility is at 34, August is at 14, September is at 12, November is at 11; compared to its 26-week average of 14 according to Track Data, suggesting large near term price movement into the expected release of Q4 results on August 1.
July 29, 2014
08:19 EDTECLEcolab sees FY14 SG&A percent of sales approximately 32%
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08:12 EDTECLEcolab raises FY14 adjusted EPS to $4.14-$4.20 from $4.10-$4.20
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08:10 EDTECLEcolab reports Q2 EPS ex-items $1.03, consensus $1.02
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July 28, 2014
15:47 EDTECLNotable companies reporting before tomorrow's open
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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

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