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Colgate-Palmolive Co (CL.N)

CL.N on New York Stock Exchange

74.44USD
18 Oct 2017
Change (% chg)

$-0.52 (-0.69%)
Prev Close
$74.96
Open
$74.82
Day's High
$74.85
Day's Low
$74.26
Volume
787,037
Avg. Vol
927,318
52-wk High
$77.26
52-wk Low
$63.45

Latest Key Developments (Source: Significant Developments)

Colgate-Palmolive says board elected Henning Jakobsen co's vice president
Thursday, 28 Sep 2017 05:36pm EDT 

Sept 28 (Reuters) - Colgate-palmolive Co :Colgate-Palmolive says ‍at Sept 26 meeting, board elected Henning Jakobsen as vice president, corporate controller of co, effective Oct 1 - SEC Filing ​.Colgate-Palmolive Co - ‍Victoria Dolan will continue as chief transformation officer of company​.Colgate-Palmolive Co - ‍on September 27, company received notice from administrator of colgate-palmolive company employees savings and investment plan​.Colgate-Palmolive Co - Sept 27 notice stated ‍there will be a blackout period for participants in s&i plan from 3 p.m. ET Oct 30 to end 8 a.m. ET on Nov 6.Colgate-Palmolive Co - ‍similar blackout restrictions will apply to participants in Colgate-Palmolive Puerto Rico savings and investment plan​.  Full Article

Colgate-Palmolive sets quarterly dividend of $0.40/shr
Tuesday, 26 Sep 2017 04:30pm EDT 

Sept 26 (Reuters) - Colgate-Palmolive Co :Sets quarterly cash dividend of $0.40 per share.  Full Article

Soros Fund Management takes share stake in Alaska Air Group Inc, Colgate Palmolive Co
Monday, 14 Aug 2017 06:05pm EDT 

Aug 14 (Reuters) - Soros Fund Management::Soros Fund Management takes share stake of 3,800 shares in Alaska Air Group Inc.Soros Fund Management takes share stake of 140,000 shares in Colgate Palmolive Co.Soros Fund Management - change in holdings are as of June 30, 2017 and compared with the previous quarter ended as of March 31, 2017.  Full Article

Colgate-Palmolive expects higher pretax charges from 2012 restructuring program
Friday, 21 Jul 2017 11:02am EDT 

July 21 (Reuters) - Colgate-Palmolive Co ::Pretax charges from 2012 restructuring program now expected to be $1,500 million - $1,585 million versus prior estimate of $1,405 million - $1,585 million.Anticipated pretax charges for 2017 now expected to approximate $275 million - $360 million ($210 million to $260 million aftertax) - SEC filing.  Full Article

Colgate announces Q2 results
Friday, 21 Jul 2017 06:55am EDT 

July 21 (Reuters) - Colgate-Palmolive Co :Colgate announces 2nd quarter 2017 results.Q2 earnings per share $0.59.Q2 sales $3.826 billion versus I/B/E/S view $3.9 billion.Q2 earnings per share view $0.72 -- Thomson Reuters I/B/E/S.Colgate-Palmolive Co - ‍Latin America net sales increased 7.0 pct in Q2 2017​.Colgate-Palmolive Co- ‍North America net sales decreased 3.5 pct in Q2 2017​.Says ‍excluding charges, diluted earnings per share in Q2 2017 was $0.72​.Colgate-Palmolive-Qtrly ‍organic sales (net sales excluding impact of foreign exchange, acquisitions and divestments) were even with year ago period​.Colgate-Palmolive Co- ‍we are now planning for low-single-digit organic sales growth for 2017​.Says "the second quarter was another challenging one​".Colgate-Palmolive Co - ‍in Q2, identified additional opportunities under co's restructuring program​.Colgate-Palmolive Co- ‍continue to expect a low-single-digit net sales increase for 2017​.Says ‍"as we look ahead, uncertainty in global markets and slowing category growth worldwide remain challenging"​.Colgate-Palmolive Co - ‍additional restructuring opportunities identified in Q2 take co to upper end of previously disclosed cost and savings ranges​.Colgate-Palmolive Co- ‍on a GAAP basis, based on current spot rates, we are planning for a year of gross margin expansion for 2017​.Colgate-Palmolive Co- ‍on a GAAP basis now expect a mid-single-digit earnings per share percentage decline on a dollar basis for 2017​.  Full Article

Colgate declares quarterly dividend of $0.40 per share
Thursday, 8 Jun 2017 04:30pm EDT 

June 8 (Reuters) - Colgate-palmolive Co ::Colgate declares regular quarterly dividend.Sets quarterly cash dividend of $0.40 per share.  Full Article

Colgate-Palmolive CEO recently signaled he would be open to selling co- NY Post
Tuesday, 16 May 2017 11:13pm EDT 

May 16 (Reuters) - :Colgate-Palmolive CEO signaled he would be open to selling co for $100/share at meeting with institutional investors in recent weeks - NY Post.  Full Article

Colgate Q1 earnings per share $0.64
Friday, 28 Apr 2017 07:09am EDT 

April 28 (Reuters) - Colgate-Palmolive Co ::Colgate announces 1st quarter 2017 results.Q1 earnings per share $0.67 excluding items.Q1 earnings per share $0.64.Q1 sales $3.762 billion.Colgate-Palmolive Co - qtrly organic sales grew 0.5%.Colgate-Palmolive Co - Latin America net sales increased 9.0% in q1 2017.Says North America net sales decreased 5.0% in q1 2017.Q1 earnings per share view $0.66, revenue view $3.80 billion -- Thomson Reuters I/B/E/S.Colgate-Palmolive Co qtrly Latin America unit volume was even with year ago quarter, while pricing increased 7.0%.Colgate-Palmolive Co - Q1 was "challenging" and did not meet our organic sales growth expectations, driven mainly by "softer" results in North America.Colgate-Palmolive Co - "as we look ahead, uncertainty in global markets and slowing category growth worldwide remain challenging".Colgate-Palmolive Co - volume gains in Mexico, Caribbean region and Southern Cone region were offset by volume declines in Brazil in quarter.Colgate-Palmolive Co qtrly organic sales for Latin America increased 7.5%.Says "continue to expect a low-single-digit net sales increase for 2017, based on our slow start to year".Colgate-Palmolive co - on a gaap basis, planning for a year of gross margin expansion and expect earnings per share on a dollar basis to be flat.Colgate-Palmolive Co - "now expect organic sales growth for 2017 to be modestly below our 4% - 7% range with sequential improvement throughout year".  Full Article

Colgate increases dividend
Thursday, 9 Mar 2017 04:30pm EST 

Colgate-palmolive Co : Colgate announces 3% dividend increase - effective 2nd quarter 2017 .Colgate-Palmolive co - new rate of $.40 per share is up from $.39 per share.  Full Article

Colgate reports 4th-qtr earnings of 68 cents per share
Friday, 27 Jan 2017 06:55am EST 

Colgate-Palmolive Co : Colgate announces 4th quarter and full year 2016 results . Q4 earnings per share $0.68 . Q4 sales $3.721 billion versus I/B/E/S view $3.87 billion . Q4 earnings per share view $0.75 -- Thomson Reuters I/B/E/S . Q4 earnings per share $0.75 excluding items . Latin america net sales decreased 10.5 percent in Q4 2016 . Says Q4 North America net sales, unit volume, pricing, foreign exchange and organic sales were all even with Q4 2015 . Q4 organic sales grew 1.5 percent . Sees a low-single-digit net sales increase for 2017 . Q4 global unit volume decreased 5.5%, pricing increased 2.5% and foreign exchange was negative 1.5% . "As we look ahead, uncertainty in global markets and foreign exchange volatility remain challenging" . Sees 2017 earnings per share on a dollar basis to be flat . For 2017, on GAAP basis, planning for year of gross margin expansion, expect earnings per share on dollar basis to be flat . FY2017 earnings per share view $3.00, revenue view $15.78 billion -- Thomson Reuters I/B/E/S ."Anticipate another year of solid organic sales growth".  Full Article

Photo

Awaiting better days, multinationals keep Venezuela units alive - barely

VALENCIA, Venezuela Venezuelan auto worker Celso Nunez spends his days moonlighting as a mover and trading salvaged building materials in his worn-out red pick-up.