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Stock Market & Financial Investment News

News Breaks
July 11, 2014
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.
News For PG From The Last 14 Days
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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
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07:50 EDTPGProcter & Gamble initiated with a Market Perform at Raymond James
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December 4, 2014
10:08 EDTPGOn The Fly: Analyst Upgrade Summary
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08:04 EDTPGProcter & Gamble divestiture plan positive, says Bernstein
After Procter & Gamble reiterated its plans to divest 90-100 brands that account for 10% of its sales, Bernstein thinks that the company can reduce its costs and drive efficiency by selling declining growth/low margin brands. The firm keeps an Outperform rating on the shares.
06:20 EDTPGProcter & Gamble upgraded to Outperform from Neutral at Credit Suisse
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