New User:

-or-
Username:
Password:
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.
December 18, 2014
10:07 EDTPGFrance's antitrust authority fines Colgate, Unilever, P&G, WSJ reports
France's Autorité de la Concurrence has fined consumer product companies including Unilever (UN, UL), Procter & Gamble (PG), Reckitt Benckister (RGBLY) and Colgate (CL) a total of EUR345.2M for anticompetitive practices between 2003-2006, The Wall Street Journal reports. L'Oreal (LRLCY), Gillette and Beiersdorf were fined EUR605.9M in total. Reference Link
December 11, 2014
10:13 EDTPGOn The Fly: Analyst Initiation Summary
Subscribe for More Information
07:50 EDTPGProcter & Gamble initiated with a Market Perform at Raymond James
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