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Procter Gamble

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BUSINESS
May 26, 2013 | By David Sell, Inquirer Staff Writer
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.
BUSINESS
August 8, 1990 | By Donna Shaw, Inquirer Staff Writer
The federal government yesterday sued Rhone-Poulenc Rorer Inc. and Procter & Gamble Co. in an attempt to block the transfer of exclusive marketing rights of a popular antacid from Rhone-Poulenc Rorer to P&G. The antitrust suit, filed in U.S. District Court in Philadelphia, asks that the companies be restrained permanently from completing any deal that would give Procter & Gamble control over the production, marketing or sale of Rhone- Poulenc Rorer's...
NEWS
May 27, 2012 | By Nomaan Merchant and Linda Stewart Ball, Associated Press
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.
NEWS
December 3, 2006 | By Bonnie L. Cook INQUIRER STAFF WRITER
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.
BUSINESS
July 16, 1993 | FROM INQUIRER WIRE SERVICES
Procter & Gamble Co., seeking to streamline its operations and preserve its healthy balance sheet, said yesterday it would eliminate 13,000 jobs and close about 30 plants throughout the world. Edwin Artzt, chairman of the consumer-products company, said the restructuring should not be considered a sign that P&G was in trouble. "This is definitely not our situation. We have a healthy, growing business, a strong balance sheet, a very positive cash flow, terrific state- of-the-art products and a well-stocked technology pipeline with plenty of opportunities for growth," he told industry analysts.
NEWS
March 29, 1986 | From Inquirer Wire Services
Walgreen Co. and the Kroger supermarket chain yesterday removed Encaprin pain-relief capsules from their shelves after a threat of cyanide poisoning was made to the capsules' manufacturer, Procter & Gamble. The manufacturer said it had no evidence that there had been any tampering. The threat was made Thursday night by telephone to the headquarters of Procter & Gamble Inc. in Cincinnati. A company spokesman said yesterday that Procter & Gamble had not pulled the product from national distribution.
BUSINESS
March 14, 1990 | By Marian Uhlman, Inquirer Staff Writer
Rorer Group Inc. said yesterday that it would give up U.S sales and distribution rights to Maalox antacid - the product that has defined the 80- year-old Fort Washington company for four decades - as part of a deal with Procter & Gamble Co. The deal stipulates that Rorer will turn over American marketing privileges for Maalox and the rest of its $300 million over-the-counter drug business to the Cincinnati company in exchange for an upfront payment,...
NEWS
October 1, 1997 | by Rose DeWolf, Daily News Staff Writer
Where would television be without General Motors and Procter & Gamble Co.? More than $2 billion poorer for one thing. According to this week's Advertising Age magazine, the two companies are the top spenders on TV advertising. They rank first and second respectively in spending on network TV - which gets the biggest bucks. In total spending in all advertising media, Procter & Gamble (maker of Tide, Folger's Coffee, Crest toothpaste, Pantene Hair Products and about 40 other products)
BUSINESS
May 20, 1994 | By Susan Warner, INQUIRER STAFF WRITER
Procter & Gamble Co. yesterday said it would close its Hatboro health- and beauty-care-products plant by May 1996, costing 365 workers their jobs. The plant, which is on Warminster Road, manufacturers Clearasil, Oil of Olay and Bain de Soleil skin products, Fixodent denture products and some Vicks lines. The employees, who are not represented by unions, will be offered early retirement, transfers or severance packages. Severance will range from four months' to a year's salary and a year of medical- and life-insurance benefits, the company said.
BUSINESS
February 19, 1997 | Daily News Wire Services
The Dow Jones Industrial Average shot into record territory yesterday thanks to big gains from components Philip Morris and Procter & Gamble. The Dow closed up 78.50 points at 7,067.46, topping Thursday's record close that took the 30-stock blue-chip index past 7,000 for the first time. It was the 13th record close this year for the index as big-name firms extended their run as the favored class on Wall Street.
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BUSINESS
May 26, 2013 | By David Sell, Inquirer Staff Writer
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.
NEWS
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,...
BUSINESS
September 6, 2012 | By Erin E. Arvedlund, Inquirer Columnist
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)
NEWS
May 27, 2012 | By Nomaan Merchant and Linda Stewart Ball, Associated Press
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.
NEWS
October 27, 2011 | ASSOCIATED PRESS
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.
NEWS
March 23, 2011 | By Sally A. Downey, Inquirer Staff Writer
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.
NEWS
July 11, 2010 | By Walter F. Naedele, Inquirer Staff Writer
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.
NEWS
December 3, 2006 | By Bonnie L. Cook INQUIRER STAFF WRITER
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.
BUSINESS
July 31, 2006 | By Stacey Burling INQUIRER STAFF WRITER
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.
SPORTS
January 29, 2005 | Daily News Wire Services
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.
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