Procter & Gamble's new CEO McDonald faces shareholders in annual meetingOctober 13th, 2009 P&G's McDonald faces shareholdersCINCINNATI — The Procter & Gamble Co.'s new CEO will give shareholders a look at plans for growth at the consumer products company's annual meeting. P&G veteran Bob McDonald moved up from chief operating officer on July 1 with sales down as households cut spending in the recession.
Eastman Kodak, Sonic, Procter & Gamble, Genzyme are among big market moversSeptember 18th, 2009 Eastman Kodak, Sonic, Procter & Gamble big moversNEW YORK — The following stocks were among those that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
Eastman Kodak Co., down 39 cents at $5.54
Kodak expects to draw its debt refinancing from qualified institutional buyers instead of private equity fund Kohlberg Kravis Roberts. InterOil Corp., up $7.04 at $41.69
The Australian oil company said its natural gas reservoir in the Antelope-2 well could be much larger than expected.
Monsanto, Procter & Gamble, Talbots, UAL, Men's Warehouse are among big market moversSeptember 10th, 2009 Monsanto, Procter & Gamble, Talbots big moversNEW YORK — The following stocks were among those that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
Monsanto Co., down $4.18 at $79.30
The seed maker will lay off more workers than it had originally planned, and warned profit would be at the low end of its guidance. Procter & Gamble Co., up $2.28 at $56.04
Sales will begin rebounding this fall, the consumer goods maker said, as it cuts prices and sends new value-oriented products to stores.
P&G shares slide after 4Q results; product prices a problem amid recession, analyst saysAugust 6th, 2009 Procter & Gamble declines after weak 4th quarterNEW YORK — Shares of Procter & Gamble Co. declined on Thursday after the consumer products company posted declines in profit and sales in the fourth quarter, and an analyst said its prices are higher than many rivals.
Duke Energy seeks to increase SC rates by an average 9.3 percent for residential customersJuly 27th, 2009 Duke Energy seeks to raise SC ratesCHARLOTTE, N.C. — Duke Energy said Monday that it will ask South Carolina regulators to boost rates by an average 9.3 percent for residential customers to help recover costs for pollution control equipment, new generation and transmission and distribution systems.
United States Cellular lost 59,000 net retail customers in 2nd quarterJuly 23rd, 2009 US Cellular lost 59,000 retail customers in 2QCHICAGO — Wireless carrier United States Cellular Corp. said Thursday it lost 59,000 net retail customers in the second quarter.
Procter & Gamble testing cheaper version of Tide detergentJuly 1st, 2009 P&G testing cheaper TideCINCINNATI — The Procter & Gamble Co. said Wednesday it has begun trying out a lower-cost version of Tide laundry detergent in a bid to churn up new sales in the recession.
New Gillette campaign part of Procter & Gamble push to expand brand beyond shavingJune 30th, 2009 Gillette pushing beyond shaversCINCINNATI — Gillette has launched a new global advertising campaign that underscores Procter & Gamble Co. efforts to expand the shaving brand to reach males with other grooming products.
Consumer-products maker Procter & Gamble buys high-end men's skin care brand ZirhJune 16th, 2009 Procter & Gamble buys men's skin care brand ZirhCINCINNATI — Procter & Gamble Co. said Tuesday it will buy the upscale men's skin care line Zirh to continue building its men's grooming business.
Utilities profit from customers using less electricityJune 12th, 2009 Utilities profit from lower electricity salesDuke Energy Co. reached a deal with environmental groups Friday that allow the power generator to charge customers more money even if they use less electricity.
Glances at careers of Procter & Gamble's McDonald, LafleyJune 9th, 2009 Glances at McDonald, LafleyA glance at the careers of Bob McDonald and A.G. Lafley of the Procter & Gamble Co.:
— ROBERT A.
Wal-Mart seeks acquisitions overseas as it continues to take market share from rivals globallyJune 4th, 2009 Wal-Mart looks for expansion overseasROGERS, Ark. — Wal-Mart is actively seeking acquisitions abroad, including in Russia, as its low-price formula helps it pick up market share and customers in the global recession.
Procter & Gamble phasing Max Factor out of US, where CoverGirl biz looks betterJune 4th, 2009 P&G phasing out Max Factor in USCINCINNATI — The Procter & Gamble Co. plans to phase out U.S.
Utility Duke Energy seeks 12.6 percent rate increase for North Carolina customersJune 2nd, 2009 Duke asks for 12.6 percent rate increase for NCCHARLOTTE, N.C. — Utility company Duke Energy said Tuesday it will ask North Carolina regulators to increase customer rates by an average of 12.6 percent beginning Jan.
US regulators warn Procter & Gamble plant over unsanitary conditions at Puerto Rico plantMay 5th, 2009 US warns P&G over problems at Puerto Rico plantSAN JUAN, Puerto Rico — U.S. regulators warned Procter & Gamble Co.