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Stock Market & Financial Investment News

News Breaks
February 14, 2013
16:14 EDTPGProcter & Gamble lowers FY13 EPS view to $3.94 to $4.04 from $3.97 to $4.07
P&G adjusted its core earnings per share guidance for the year to a range of $3.94 to $4.04 from a prior range of $3.97 to $4.07 to reflect the 3c per share operating impact on core earnings. Consensus for FY13 EPS is $4.07. The Procter & Gamble Company provided an update of its fiscal year 2013 earnings per share outlook following the Venezuelan government’s announced intention to devalue its currency (bolivar fuerte).
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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.
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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07:25 EDTPGGoldman to host a symposium
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May 8, 2013
14:01 EDTPGAckman has engaged Procter & Gamble on CEO, chair role split, CNBC's Kelly says
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13:43 EDTPGProcter & Gamble mentioned positively by Ackman at Sohn, CNBC's Kelly says
According to CNBC's Kate Kelly, Bill Ackman's Pershing Square holds 29M shares of Procter & Gamble, and Ackman called the company one of the world's great businesses. Reference Link

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