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Stock Market & Financial Investment News

News Breaks
July 30, 2014
08:10 EDTPGProcter & Gamble August weekly volatility elevated into Q4
Procter & Gamble August weekly call option implied volatility is at 34, August is at 14, September is at 12, November is at 11; compared to its 26-week average of 14 according to Track Data, suggesting large near term price movement into the expected release of Q4 results on August 1.
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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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