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Stock Market & Financial Investment News

News Breaks
February 25, 2014
05:37 EDTPG, ULProcter & Gamble, Unilever battle over hair care, WSJ reports
Hair care is now a battleground for consumer goods companies in developed markets like the U.S. and Western Europe, reports the Wall Street Journal. The products provides strong profit margins and the potential for innovation through adding minor ingredients. But those margins are under threat, as Unilever (UL) and Procter & Gamble (PG) trade accusations of starting a shampoo discounting war in the U.S. Reference Link
News For PG;UL From The Last 14 Days
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July 24, 2014
05:53 EDTULUnilever reports Q2 underlying sales growth 3.8%
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July 21, 2014
06:14 EDTULTesco names Unilever's Dave Lewis as CEO, effective October 1
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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 16, 2014
07:24 EDTULSiemer & Associates to hold a summit
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July 15, 2014
16:19 EDTPGStepan subsidiary to acquire sulfonation facility in Brazil
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July 11, 2014
10:00 EDTPGOn The Fly: Analyst Downgrade Summary
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05:44 EDTPGProcter & Gamble downgraded to Market Perform from Outperform at Wells Fargo
Wells Fargo downgraded its rating on Procter & Gamble (PG) shares to Market Perform citing a lack of lack of fundamental progress despite the company's increased innovation. Wells says P&G's U.S. share trends have weakened amid competition. The firm cut its price target range for shares to $85-$87 from $88-$90.
July 10, 2014
12:47 EDTULKainos acquires Slim-Fast brand from Unilever
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