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April 24- Procter& Gamble Co on Wednesday forecast current-quarter profit below Wall Street expectations and year-ago levels, sending shares lower in early trading.
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April 24- Procter& Gamble Co's profit outlook for the current quarter fell short of Wall Street's expectations and its shares slipped in early trading on Wednesday. On a net basis, the company earned $2.57 billion, or 88 cents per share, in the fiscal third quarter ended in March, up from $2.41 billion, or 82 cents per share, a year earlier.
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*Procter and Gamble Co slipped 1.9 percent to $81 in premarket trading after the world's largest household products maker posted third-quarter earnings.
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P&G, whose brands include Pampers diapers and Gillette razors, earned $2.57 billion, or 88 cents per share, in the fiscal third quarter ended in March, up from $2.41 billion, or 82 cents per share, a year earlier.
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April 17- Procter& Gamble Co is increasing the time it takes to pay for supplies and offering financing to help mitigate the impact a longer payment cycle could have on small and midsize businesses, the household products maker told suppliers earlier this month.
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WD-40 has been a staple in American households. Now, they aim to fix the world’s problems. "There's still lots of squeaks in China and lots of rust in Russia!" the CEO said.
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WASHINGTON, March 22- The tax reform tempo is picking up in the U.S. Congress, with lawmakers meeting, task forces floating proposals and lobbyists scurrying to get in on the action- a small piece of which recently took place in an historic Capitol Hill meeting room.
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*China seen as not increasing yarn import duty. SINGAPORE, March 21- Chinese cotton industry officials downplayed the impact of the country's ballooning reserves on Thursday, a day after prices in New York fell more than 2 percent on plans by China and fellow Asian giant India to sell down stockpiles of the fiber.
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*China seen as not increasing yarn import duty. SINGAPORE, March 21- Chinese cotton industry officials downplayed the impact of the country's ballooning reserves on Thursday, a day after prices in New York fell more than 2 percent on plans by China and fellow Asian giant India to sell down stockpiles of the fiber.
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*Italy's FTSE MIB falls 1.7 pct on weak bond auction. LONDON, March 13- European shares recouped their earlier losses to end flat near 4-1/ 2- year highs on Wednesday, with sentiment improving after robust U.S. retail sales data pointed to a continued recovery in the world's biggest economy.
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LONDON, March 11- Smaller emerging markets companies are drawing interest from investors wary of wilder frontier economies but willing to delve deeper into familiar territory in pursuit of returns.
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SAN FRANCISCO, March 8- Facebook executive Sheryl Sandberg is taking a drubbing for prescribing from a privileged perch the keys to female success in her upcoming book "Lean In," but she's struck a chord among many in her backyard.
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*Investors attracted to Nigeria's growth, debt profile. LAGOS, March 1- Roaring growth and fiscal stability are drawing investment to Nigeria, but it won't trigger the prosperity needed to lift millions out of poverty until the government reforms infrastructure and agriculture.
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JAKARTA, Feb 25- Indonesian consumers are increasingly opening their wallets, sustaining the country's solid economic growth, but some retailers worry the government may dash the good fortune by imposing restrictions on them.
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MEXICO CITY, Feb 14- Mexico's ambitious agenda of economic reforms could unleash pent-up spending by low and middle-income earners if the economy gathers steam and more on-the-books employment gives workers easier access to credit.
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LONDON, Feb 1- Britain's manufacturing sector expanded modestly in January as output grew at the fastest pace since September 2011, offering a small boost to an economy flirting with recession, a survey showed on Friday.
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*Profit $1.22/ share vs Street view $1.11. *Sales up 2 percent to $22.18 bln vs Street view $21.91 bln. Jan 25- What a difference a year makes for Procter& Gamble Co and CEO Bob McDonald.
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*Kimberly-Clark profit $1.37/ share vs Street view $1.35. Jan 25- Procter& Gamble Co's quarterly profit soared past expectations as the world's largest household products maker used higher prices and new products to drive sales growth, the strongest indication yet that turnaround efforts are paying off.
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Jan 25- Procter& Gamble Co's quarterly profit soared past expectations as the world's largest household products maker used higher prices and new products to reignite growth in sluggish markets such as the United States.
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Jan 25- Procter& Gamble Co posted higher quarterly profit on Friday, as the world's largest household products maker tries to reignite growth in sluggish markets such as the United States while activist investor William Ackman pushes for improvements.