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Stock Market & Financial Investment News

News Breaks
May 6, 2010
05:55 EDTPG, PG, MMM, MMMTrading error could have triggered major sell-off, CNBC says
A human trading error at a major firm could have caused the market sell-off, CNBC reports, citing multiple sources.
News For PG;MMM From The Last 14 Days
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May 24, 2013
16:21 EDTPGOn The Fly: Closing Wrap
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14:33 EDTPGProcter & Gamble downgraded to Hold from Buy at Standpoint Research
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13:18 EDTPGOn The Fly: Midday Wrap
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10:52 EDTPGProcter & Gamble rises as Lafley rejoins as Chairman, President, CEO
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10:04 EDTPGOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: DDR Corp. (DDR) upgraded to Buy from Hold at Jefferies... Gordmans Stores (GMAN) upgraded to Overweight from Neutral at Piper Jaffray... Pandora (P) upgraded to Outperform from Sector Perform at RBC Capital... Procter & Gamble (PG) upgraded to Buy from Neutral at UBS... Sherwin-Williams (SHW) upgraded to Outperform from Neutral at RW Baird... Wendy's (WEN) upgraded to Buy from Neutral at Janney Capital... Whiting Petroleum (WLL) upgraded to Buy from Neutral at SunTrust... Alliance Data (ADS) upgraded to Outperform from Market Perform at William Blair.
09:25 EDTPGOn The Fly: Pre-market Movers
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09:03 EDTPGProcter & Gamble CEO change encouraging but challenges remain, says Oppenheimer
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08:04 EDTPGBill Ackman says Lafley hire 'right move' by Procter & Gamble board
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07:26 EDTPGProcter & Gamble to host business news update conference call
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06:26 EDTPGProcter & Gamble volatility flat, Lafley rejoining as Chairman, President, CEO
Procter & Gamble overall option implied volatility of 16 is near its 26-week average of 15 according to Track Data, suggesting non-directional price movement into A.G. Lafley rejoining as Chairman, President, and CEO.
06:12 EDTPGProcter & Gamble upgraded to Buy from Neutral at UBS
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06:11 EDTPGProcter & Gamble CEO likely to lower FY14 expectations, says Citigroup
Citigroup believes it's a "foregone conclusion" that Procter & Gamble's new CEO A.G. Lafley will lower the company's growth expectations for FY14. Citi says P&G's market share momentum is weaker today than when it set its plan to return to its long-term earnings target of high single-to-low double-digit EPS growth in FY14. Citi hopes Lafley brings back some other former PG executives who have left the company in recent years and keeps a Buy rating on the stock.
May 23, 2013
18:20 EDTPGProcter & Gamble reaffirms Q4 and FY guidance
The company confirmed its fiscal year and fourth quarter guidance, as stated in the recent third quarter earnings release on April 24.
18:17 EDTPGA.G. Lafley rejoins Procter & Gamble as President, CEO
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May 21, 2013
09:55 EDTPGCAO Group refutes patent suit from Procter & Gamble
CAO Group, a dental company, refutes lawsuit claims by Procter & Gamble and affirms that the advanced technology applied to its treatment film products, including Sheer White, Sheer DesenZ and Sheer FluorX for teeth whitening, desensitizing, and fluoride treatment, respectively, is its own intellectual property, the company announced. CAO said it believes that its products do not infringe any of P&G asserted patents and that the lawsuit was filed without any merit.
May 20, 2013
09:31 EDTPGProcter & Gamble files infringement suit against CAO Group
Procter & Gamble filed a lawsuit on May 20 in the Southern District of Ohio against CAO Group, a manufacturer and distributor of dental products. The lawsuit alleges that CAO Group is violating P&G's intellectual property by manufacturing and selling its "Sheer White," "Sheer FluorX," and "Sheer DesenZ" products. The unauthorized use of patented technology is prohibited by law. P&G is suing CAO Group in order to protect its investment in its technology and its Crest Whitestrips business.
07:42 EDTPGCohasset Associates to host a conference
National Conference on Managing Electronic Records is being held in Chicago on May 20-22.
07:32 EDTMMMSociety for Information Display / IHS to host a conference
Display Week 2013 is being held in Vancouver, British Columbia on May 19-24.
May 14, 2013
08:54 EDTPGProcter & Gamble CFO says 'on-track' with FY sales, cost saving plans
08:46 EDTPGProcter & Gamble repeats FY13 core EPS view $3.96-$4.04, consensus $4.04
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