New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 1, 2011
13:15 EDTPG, GSProcter & Gamble says Rajat Gupta voluntarily resigned from board
In a regulatory filig, Procter & Gamble (PG) announced that Rajat Gupta voluntarily resigned from the company's board on March 1. The resignaton follows the SEC announcing insider trading charges against Rajat Gupta. The SEC alleges that Gupta, a business consultant who has served on the boards of directors at Goldman Sachs (GS) and Procter & Gamble, illegally tipped Galleon Management founder and hedge fund manager Raj Rajaratnam with inside information about the quarterly earnings and an impending $5B investment by Berkshire Hathaway in Goldman.
News For PG;GS From The Last 14 Days
Check below for free stories on PG;GS the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
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
09:38 EDTGSGoldman may expand metal warehousing into China, Reuters says
Seeing a potential opportunity after a Chinese trading firm allegedly fraudulently used a single cargo of metal as collateral for multiple loans, Goldman Sachs' metals warehousing unit is exploring its first entry into China's market, reported Reuters, citing sources. Reference Link
July 27, 2014
16:14 EDTGSGoldman close to settling FHFA suit on faulty mortgage claims, Bloomberg says
Subscribe for More Information
July 24, 2014
16:38 EDTGSJames Schiro retires from the board of Goldman Sachs due to health reasons
The board of The Goldman Sachs Group announced that James Schiro, lead director and chair of the board’s corporate governance, nominating and public responsibilities committee, has retired from the board in order to undergo treatment after a diagnosis of multiple myeloma.
July 22, 2014
06:34 EDTGSGoldman, others close to $2B Huarong agreement, Reuters says
Goldman Sachs and other private equity firms such as Warburg Pincus, Khazanah Nasional, CITIC Group, China International Capital, Fosun Group and COFCO are nearing an agreement to purchase up to a 20% stake in China Huarong Asset Management for approximately $2B, according to Reuters, citing people familiar with the matter. Reference Link
July 21, 2014
06:47 EDTGSGoldman signs preliminary agreement with Socar unit, Reuters says
Subscribe for More Information
July 18, 2014
16:47 EDTGSMarket ends week higher as earnings, M&A offset geopolitical tensions
Subscribe for More Information
13:02 EDTGSGoldman, JPMorgan ready with $25B bridge loan for Time Warner takeover by Fox
Subscribe for More Information
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
06:21 EDTGSCTW Investment asks SEC to probe Walgreen's meetings, NY Post says
CTW Investment Group has asked the SEC to investigate private meetings that top Walgreen (WAG) executives held with investors to reincorporate overseas for tax reasons, reports the New york Post. The pension advisor is raising questions about whether Walgreen's meetings with Goldman Sachs (GS), Jana Partners, Och-Ziff and Corvex broke fair disclosure rules. Reference Link
July 17, 2014
08:47 EDTGSAdvanced Emissions provides operations update
Subscribe for More Information
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
06:00 EDTGSGoldman Sachs implied volatility of 15 at lower end of index mean range
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use