May 26, 2013 |
Household-products giant Procter & Gamble Co., which sells Crest and Pampers, changed leaders Thursday, but there was no immediate indication it would affect a joint venture with Teva Pharmaceutical Industries Ltd. "We are delighted by the interaction we have had with P&G and have no reason to expect that will change," Teva chief executive officer Jeremy Levin said Friday evening through a spokeswoman. However, leadership changes can prompt reviews of previous deals and the two men leading the companies when PGT Healthcare was announced in March 2011 are both gone.
January 25, 2013
Q: What's "the Dow"? - G.W., Fresno, Calif. A: It's the Dow Jones Industrial Average, created in 1896 by Charles Dow, who also established The Wall Street Journal . The Dow is viewed by many as representing the entire stock market, but it's really just an index of 30 major American companies: 3M, Alcoa, American Express, AT&T, Bank of America, Boeing, Caterpillar, Chevron, Cisco Systems, Coca-Cola, DuPont, ExxonMobil, General Electric,...
September 6, 2012 |
We all do it: We don't sell a stock when we should, even after the share price has hit our hoped-for target, or it has lost value and stayed low. We fall in love with our portfolio holdings. Professionals offer tips on how to sell as a discipline. We checked in with the folks running Logan Capital Management's Concentrated Value portfolio day to day. Marvin Kline and Rich Buchwald, managing directors at the $2 billion Ardmore money-management firm, are Penn alums (one undergrad, one grad school)
May 27, 2012 |
DALLAS - The maker of Tide Pods will create a double-latch lid to deter children from accessing and eating the brightly colored detergent packets, a company spokesman said Friday. Procter & Gamble spokesman Paul Fox said the Cincinnati-based company plans to create a new lid on tubs of Tide Pods "in the next couple of weeks. " The company continues to study the design of the package, Fox said. Doctors say children sometimes swallow Tide Pods and similar laundry products, around 1-inch packets that are meant to be dropped into a washing machine in place of liquid or powder detergent.
October 27, 2011 |
CINCINNATI - Procter & Gamble Co.'s net income fell 2 percent in the fiscal first quarter as revenue growth was offset by the consumer goods giant's higher costs. P&G, maker of Tide detergent and Pampers diapers, said net income fell to $3.02 billion from $3.08 billion. Per-share earnings were $1.03 per share, in line with analysts' estimates, and up from $1.02 per share in the same period a year ago. The decline came despite a revenue increase of 9 percent to $21.9 billion from $20.12 billion.
March 23, 2011 |
Robert H. Dillard, 92, of Gladwyne, a retired Procter & Gamble executive and decorated World War II Marine, died Sunday, March 13, at Lankenau Hospital. A native of Dillard, Ga., a town named for his family, Mr. Dillard earned a bachelor's degree from Mercer University in Macon, where he played on the baseball and basketball teams. During World War II, he was an officer with the First Marine Division in the Pacific. On Guadalcanal, Lt. Dillard led his unit to help capture an airfield after his superior officers were killed.
July 11, 2010 |
Wirt L. Thompson Jr. was an inheritor of a 55-acre nursery and three dozen of its nearby homes. He was a teacher, an amateur pilot, a piano player, and the inventor of a seamless brassiere. But daughter-in-law Pamela Thompson said that in the 1930s he was an outstanding pole vaulter. "He had enough gold medals," she said, that as a gift to his wife, "he had some melted down to make the door key for his first house. " On Thursday, June 24, Mr. Thompson, 99, owner since 1971 of Upper Bank Nurseries in Moylan, near Media, died of congestive heart failure at his home there.
December 3, 2006 |
Christy Buckley poured chocolate sauce in her long, blonde hair, then shampooed it out with Dawn dishwashing fluid, while a video camera rolled. "It worked beautifully," said the petite 29-year-old of the blue liquid, also used to clean birds and animals that wander into messy oil spills or pollution. The videotaped stunt beat out thousands of contest entries, earning the Willistown native a chance to hopscotch the country, helping experts heal injured and oil-soaked birds and marine mammals.
July 31, 2006 |
How much is a good night's sleep worth? Hollandia International, an Israeli company, is betting that discerning Americans will pay $10,000 and up - way up - for a cushy mattress and a moveable frame. And it has hired Kanter International, a Philadelphia firm that specializes in business consulting and advertising, not only to spread the word about its beds, but to run Hollandia's U.S. operations as well. The first U.S. store, a sleek space filled with brightly colored day beds and intriguingly curved night beds, opened this month in Philadelphia's Market Place Design Center, a collection of shops aimed at interior designers.
January 29, 2005 |
The Gillette Co. might be moving its headquarters out of Boston after 104 years, but the company plans to keep its name on the home of the New England Patriots, who face the Eagles next weekend in Super Bowl XXXIX. Gillette agreed to be acquired by Cincinnati-based Procter & Gamble in a $57 billion deal announced yesterday. The deal raised questions about whether the Patriots' home in Foxboro, Mass., would still be called Gillette Stadium, but company spokesman Eric Krause said nothing will change.