New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 24, 2014
08:54 EDTPGProcter & Gamble says it has exceeded FY14 non-manufacturing reduction goals
Says the strongest brands and positioning is in the U.S. The company said significant upgrades are coming in Fabric Care products. It expects cost of goods savings will increase to $1.6B this year. Emerging markets are also expected expand and will become a significant growth driver for the company in years to come. Manufacturing start up costs will annualize in 2H14. The company will annualize the Venezuela impact until mid-February in Q3. Expects 90% free cash flow productivity as well as CapEx spending in the range of 4%-5% of sales and share repurchase in the range of $5B-$7B. The negative foreign exchange effect and cost savings are expected to drive 2H14 growth. Proctor & Gamble says it continues to operate in a "volatile environment with uncertainty in foreign exchange, some deceleration in the market growth growth rates and a rapidly developing policy environment." Comments taken from Q2 earnings conference call.
News For PG From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 2, 2015
09:18 EDTPGFutureFuel upgraded to Buy on raised 2016 visibility at Roth Capital
Roth Capital analyst Craig Irwin upgraded FutureFuel (FF) to Buy saying the renewal of a bleach activator supply agreement with Procter & Gamble (PG) raises visibility for 2016. He raised his price target for shares to $13 from $12.
October 1, 2015
16:05 EDTPGFutureFuel extends supply agreement with Procter & Gamble
Subscribe for More Information
September 29, 2015
12:35 EDTPGPerrigo shareholders pressure company to explore sale, Reuters says
Certain Perrigo (PRGO) shareholders have requested that company explore a sale, hoping for an alternative to Mylan's (MYL) approximately $25B hostile bid, Reuters reports, citing people familiar with the matter. The pressure represents a challenge to Perrigo's defense strategy, the report says. Some of the company's shareholders view Novartis (NVS), Sanofi (SNY), Procter & Gamble (PG), and Colgate-Palmolive (CL) as potential suitors, the report says. Reference Link
September 28, 2015
06:42 EDTPGPerfume makers look to Wal-Mart, Target, WSJ reports
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 disclaimer & terms of use