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Procter & Gamble Company (The) stock price
Procter & Gamble Company (The) latest news:
Teenagers Are Still Eating Tide Pods, But Don't Expect A Product Redesign
The pace of poisonings in the so-called Tide Pods Challenge continues to grow. The candy-like appearance of the packets draws easy criticism. Procter & Gamble says it's not planning a new design.
P&G second quarter beats, but margins worry investors
(Reuters) - The world's largest consumer goods maker Procter & Gamble Co reported better-than-expected sales and profit for its second quarter on Tuesday, but investors focused on a drop in gross margins, sending its shares down 2 percent.
Tech and consumer-focused companies rise; Netflix leaps
U.S. stocks are mixed in early trading Tuesday as consumer-focused companies like Netflix and Amazon climb while household goods makers including Johnson & Johnson and Procter & Gamble sink following disappointing quarterly reports.
In blade war, Gillette cuts down Wilkinson in German court
A German court dealt a blow to razor maker Wilkinson Sword on Thursday by saying it must stop selling blades that fit on rival Gillette's Mach 3 model. Wilkinson's blades, which can sell for 30 percent less than Gillette's, infringe the Procter & Gamble (PG) subsidiary's patent rights, a regional court in Duesseldorf said in a statement, backing a lower court ruling made last year.
Breakingviews: Activists’ Guide to 2018: The Best Defense Is a Good Offense
Trian’s victory at Procter & Gamble will embolden other activist investors. Resistance isn’t futile but needs to be more carefully considered.
Will Procter & Gamble Keep Its Dividend Aristocrat Status in 2018?
Why P&G is likely to announce its 62nd consecutive annual dividend increase in 2018.
Nelson Peltz on Procter & Gamble Board: What It Means for Board, Management
Procter & Gamble agrees to add activist investor to board
Procter & Gamble is adding Nelson Peltz to its board of directors, ending a proxy battle with the activist investor seeking to shake up the consumer products giant
P&G appoints Peltz to board despite losing proxy battle
Procter & Gamble Co(PG) said it appointed Nelson Peltz to its board despite the activist investor narrowly losing a months-long proxy fight, the biggest ever involving a U.S. company. The company's shares were up 1 percent in after-market trading on Friday.
Procter & Gamble confirms Nelson Peltz will get a board seat
Procter & Gamble Co. shares ticked higher in the extended session Friday after the consumer goods company certified that activist investor Nelson Peltz secured a seat on its board. P&G shares rose 0.8% to $92.58 after hours. In a statement, P&G said "results between Ernesto Zedillo and Nelson Peltz were extremely close, with Mr. Peltz receiving almost 50% of shares voted." The company continued: "Because the election results were so close, and because a large number of shareholders voted for Nelson Peltz to be a Director, the Board has engaged in numerous discussions with Mr. Peltz regarding a Board seat." P&G said it will work with Peltz, who will join the board on March 1, as it does not agree with such strategies as "taking on excessive leverage, or substantially reducing R&D spending, or advocating for a break-up of the Company, or moving the Company out of Cincinnati." Last month, Peltz won an elected board seat, which the company considered to be a preliminary result.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
BRIEF-P&G Says About 972.8 Mln Shares Were Cast In Favor Of Nelson Peltz's Election To Board
Procter & Gamble Co(PG): * P&G SAYS ABOUT 972.8 MILLION SHARES WERE CAST IN FAVOR OF NELSON PELTZ'S ELECTION TO BOARD, WHILE ABOUT 16.4 MILLION SHARES WERE WITHHELD - SEC FILING Source: Further company coverage:
Procter & Gamble appoints Nelson Peltz to board
Procter & Gamble Co(PG) said it appointed activist investor Nelson Peltz to its board following a certified recount of shareholder votes cast at its annual meeting in October. Peltz's appointment is effective March 1 and the company also committed to re-nominate the investor as part of its board slate for next year's annual meeting, P&G said on Friday.
BRIEF-P&G Says Board Increased Size To Thirteen From Eleven
* P&G SAYS ON DEC 15, BOARD OF PROCTER & GAMBLE COMPANY
SIZE OF BOARD FROM ELEVEN TO THIRTEEN DIRECTORS - SEC FILING
Further company coverage:
P&G continues to review vote tally as Peltz awaits board seat
(Reuters) - Procter & Gamble Co is still reviewing a tally of shareholder votes cast at its annual meeting more than a month ago, after a fierce proxy contest narrowly handed activist investor Nelson Peltz a board seat.
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