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Procter & Gamble said on Thursday it was seeking a buyer for its Japanese adult diaper business even as the market posts steady growth due to the country's greying population.
A sharp rise in crude oil prices failed to deter investors on Tuesday as they nibbled at stocks ahead of the Federal Reserve's decision on interest rates, set for release tomorrow afternoon.
Coffee and computers: the modern business of both erupted simultaneously in the 1990s, born in Washington, Oregon and Northern California -- and riding out to conquer the rest of America and the world. So perhaps it's fitting that these two symbols of the pre-millennial new economy should come together at one nexus point: early next month, the trade in java is going....
But P&G shares. which had been trading at all-time highs, fell as organic sales fell short of expectations and third-quarter earnings were estimated to be a bit weaker than expected
Procter & Gamble and its smaller rival Colgate-Palmolive posted slightly better-than-expected quarterly profits, but the results failed to excite Wall Street.
The Dow is pointing higher this morning as investors focus on the Fed's two day meeting and a bunch of big earning reports. European markets are slightly weaker and Asian stocks were mixed overnight. The yen remains lower against the dollar.
The Dow climbed to a new record and the Nasdaq finished at a six year high as falling oil prices drove buyers into consumer, health care and technology stocks.
It looks like the Journal of the American Medical Association (JAMA) chose fractures as the theme of its new issue. One study shows that taking a popular osteoporosis drug for 5 years and then going off of it for 5 years carries a residual beneficial effect almost as if the patient stayed on the drug for all 10 years. Merck paid for the study of its #3-selling drug, Fosamax. The only exception was a 55% increased risk of fractures of the spine for those who stopped taking Fosamax. Doctors say that means...
Answer: When's That! CNBC's Peter Schacknow pulls back the curtain and shows you inside the world of 24-hour business news.
Investors are believing in the Santa Claus rally again. After another strong week in stocks, many think the markets may continue rising.
U.S. stocks moved higher after the November CPI report took investors by surprise – showing that consumer prices were unchanged for the month (an increase was expected). CNBC’s Mary Thompson had her “Eye on the Floor” of the NYSE on the last day of the trading week...
Procter & Gamble should return to double-digit earnings per share growth by fiscal 2008, Chief Financial Officer Clayt Daley said.
Media is bigger business than ever – tens of billions of dollars of TV ads, movie ticket sales, DVDs, and online ads – and it’s not just the Viacoms and Yahoos that are media companies.