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Sept 27- U.S. cleaning products maker Clorox Co said the Venezuelan government's takeover of two of its plants after the company pulled out of the country raised "grave concerns" about the safety of workers and surrounding communities.
CARACAS, Venezuela— U.S.-based Clorox Co. warns that the Venezuelan government's decision to seize the company's shuttered facilities near Caracas may pose safety risks for workers and nearby residents.
"They left Venezuela and we couldn't even talk to anyone except with a representative in Argentina on a video conference." Clorox said this week that it was ending operations in Venezuela and looking to sell its local affiliate after struggling for years with rigid price and currency controls and galloping inflation that made it impossible to turn a profit.
CARACAS, Sept 23- Hundreds of workers protested on Tuesday outside the Venezuelan operation of U.S. home cleaning products maker Clorox Co, which is pulling out of the South American nation, state media said.
OAKLAND, Calif.— Clorox has named Nick Vlahos and Dawn Willoughby to executive vice president and chief operating officer roles. Dorer will become CEO on Nov. 20 and will also join the Oakland, California company's board of directors. He will also have responsibility for Clorox Co.' s marketing, sales, product supply and research and development functions.
NEW YORK— A look at the 10 biggest volume gainers on New York Stock Exchange at the close of trading:. Carbo Ceramics Inc.: Approximately 5,626,900 shares changed hands, a 863.1 percent increase over its 65- day average volume. The shares fell $13.61 or 16.1 percent to $70.91.
NEW YORK— Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:. The Clorox Co. up $6.66 to $97.23. AutoZone Inc. down $21.06 to $505.38.
NEW YORK, Sept 22- Clorox Co's shares hit a new year-high on Monday and volume on the home cleaning products maker's options soared after the company said it is discontinuing its Venezuela operations and will look to divest its assets as the business is no longer viable.
NEW YORK— A look at the 10 biggest percentage gainers on New York Stock Exchange at the close of trading:. Clorox Co. rose 7.4 percent to $97.23. Ferro Inc. rose 6.0 percent to $14.25.
Sept 22- Home cleaning products maker Clorox Co said it was discontinuing operations in Venezuela as the business was no longer viable and that it was looking to sell its assets there. Venezuela devalued its currency bolivar last year, which forced a number of consumer goods companies such as Colgate-Palmolive Co and Avon Products Inc to slash product prices.
OAKLAND, Calif.— Clorox is shutting down all operations in Venezuela, citing restrictions by the government, supply disruptions and economic uncertainty.
Sept 22- Home cleaning products maker Clorox Co said it was discontinuing operations in Venezuela and was seeking to sell its assets in the country.
Sept 18- Home cleaning products maker Clorox Co said Chief Executive Donald Knauss was stepping down after eight years at the helm. He started his career at The Coca-Cola Co and went on to join PepsiCo Inc and Procter& Gamble Co before joining Clorox. Oakland, California- based Clorox's shares were little changed on the New York Stock Exchange on Thursday.
Clorox said Thursday it will promote Benno Dorer to CEO of the consumer products maker.
NEW YORK— Clorox said Thursday it will promote Benno Dorer to CEO of the consumer products maker. The Oakland, California, company said Dorer will become its CEO on Nov. 20. Clorox Co. said he will also join the board of directors.
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CNBC's Dominic Chu reports Benno Dorer is named the new CEO of Clorox effective November, 20th.
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