Private Advisor Group's Guy Adami says the market might be running out of steam.» Read More
Oct 24- Procter& Gamble Co said it would exit its Duracell battery business, likely through a splitoff into a separate company, as it looks to focus on faster-growing brands. The household products maker also said on Friday that it had agreed to sell its interest in a China- based battery joint venture for an undisclosed amount. P&G said in September that it would...
Procter & Gamble reported quarterly earnings that met analysts' expectations on Friday.
*Amazon tumbles, Microsoft climbs after earnings. NEW YORK, Oct 24- U.S. stock index futures dipped on Friday, putting the S&P 500 on track to trim its weekly gain, following disappointing results from Amazon and as the first diagnosed case of Ebola in New York City raised concerns about the spread of the virus. *Microsoft, up 2.7 percent at $46.25 before the opening...
NEW YORK— Procter& Gamble plans to remove its batteries and make Duracell a stand-alone company. The Procter& Gamble Co., based in Cincinnati, said Friday it prefers a spinoff of Duracell, but that it's considering a sale or other options for Duracell. The decision to sell or discontinue 90 to 100 brands— many of them smaller, regional products— comes as Procter& Gamble...
Oct 24- Procter& Gamble Co said it would split off its Duracell battery business into a separate company as it looks to focus on its faster-growing brands. Net income attributable to Procter& Gamble fell to $1.99 billion, or 69 cents per share, in the first quarter ended Sept. 30 from $3.03 billion, or $1.04 per share, a year earlier. The maker of Pampers diapers and Tide...
It was pretty much an in line quarter, says Jon Moeller, Procter & Gamble CFO breaking down P&G's quarterly results and discussing the next wave of products.
CINCINNATI— Procter& Gamble Co. on Friday reported net income of $1.99 billion in its fiscal first quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.08 per share. Analysts expected $20.87 billion, according to Zacks.
U.S. stock index futures are pointing to a lower open on Wall St on Friday after the first Ebola case is confirmed in New York.
NEW YORK— The stock market closed out its best week in nearly two years on a positive note Friday, helped by strong quarterly earnings from Microsoft and other big U.S. companies. Quarterly results from Microsoft and UPS helped lift the market Friday, but there have been other strong earnings reports all week. Caterpillar, 3 M, Apple and others have all came in well...
Stocks head into Friday on track for the best weekly performance in 22 months, yet new Ebola fears and other geopolitical headlines could be wild cards.
Colgate-Palmolive Co. fell$. 27 or. 4 percent, to $65.05. Kimberly-Clark Corp. fell$. 64 or. 6 percent, to $112.01. Procter& Gamble Co. fell $1.00 or 1.2 percent, to $83.23.
Colgate-Palmolive Co. fell$. 38 or. 6 percent, to $64.94. Kimberly-Clark Corp. fell$. 80 or. 7 percent, to $111.85. Procter& Gamble Co. fell $1.26 or 1.5 percent, to $82.98.
Colgate-Palmolive Co. fell$. 14 or. 2 percent, to $65.18. Kimberly-Clark Corp. fell$. 70 or. 6 percent, to $111.95. Procter& Gamble Co. fell $1.39 or 1.7 percent, to $82.84.
Very few people have the same risk threshold as Warren Buffet so beware investors following Berkshire Hathaway's portfolio.
Some of the names on the move ahead of the open.
Proctor and Gamble will put together a new leadership team to bolster its sagging sales.
Sharp drops in many of the stocks owned by Buffett's Berkshire Hathaway in recent weeks hit the sprawling conglomerate's equity portfolio hard. The loss on seven of those holdings alone totals more than $5 billion provided Berkshire's stakes have remained the same since June 30, the last date for which they were disclosed. Berkshire Hathaway did not respond...
Colgate-Palmolive Co. fell$. 10 or. 2 percent, to $65.32. Kimberly-Clark Corp. rose $1.42 or 1.3 percent, to $112.65. Procter& Gamble Co. rose$. 26 or. 3 percent, to $84.23.
Colgate-Palmolive Co. fell$. 01 or percent, to $65.42. Kimberly-Clark Corp. rose $1.83 or 1.6 percent, to $113.06. Procter& Gamble Co. rose$. 28 or. 3 percent, to $84.25.
Colgate-Palmolive Co. fell$. 03 or percent, to $65.39. Kimberly-Clark Corp. rose $1.20 or 1.1 percent, to $112.43. Procter& Gamble Co. rose$. 16 or. 2 percent, to $84.13.