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Procter & Gamble Co (PG.N)

PG.N on New York Stock Exchange

85.59USD
29 Jul 2016
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$0.78 (+0.92%)
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Latest Key Developments (Source: Significant Developments)

Coty Inc names Camillo Pane CEO
Thursday, 21 Jul 2016 07:30am EDT 

Coty Inc : Names Camillo Pane as CEO . Bart Becht to remain chairman and help oversee integration of two companies . Coty Inc says Camillo Pane's successor as Coty's executive vice president category development will be announced in due course . Bart Becht to remain chairman and help oversee integration of two companies .Says Camillo Pane currently holds position of executive vice president of Coty's category development.  Full Article

Procter & Gamble declares a qtrly dividend of $0.6695/shr
Tuesday, 12 Jul 2016 08:00am EDT 

Procter & Gamble Co :Declared a quarterly dividend of $0.6695 per share on common stock.  Full Article

P&G under investigation in Italian tax probe- Bloomberg
Wednesday, 6 Jul 2016 02:05pm EDT 

:Procter & gamble under investigation in italian tax probe-Bloomberg, citing sources.  Full Article

P&G files for direct stock purchase plan of 14.5 mln shares
Thursday, 9 Jun 2016 12:46pm EDT 

Procter & Gamble Co :Procter & Gamble Co files for direct stock purchase plan of 14,.5 million shares of its common stock - sec filing.  Full Article

Procter & Gamble approves resolution to reduce board size to 11 directors from 12
Wednesday, 1 Jun 2016 04:14pm EDT 

Procter & Gamble Co :In conjunction with chairman lafley's retirement, approved resolution to reduce size of board from 12 to 11 directors - sec filing.  Full Article

Procter & Gamble says David Taylor appointed Chairman of board of directors
Wednesday, 1 Jun 2016 04:10pm EDT 

Procter & Gamble Co : David s. Taylor appointed chairman of p&g board of directors .Taylor assumes chairman position in addition to role as president and CEO, following retirement of current executive chairman A.G. Lafley.  Full Article

Procter & Gamble Co declares dividend
Friday, 8 Apr 2016 04:01pm EDT 

Procter & Gamble Co:Declares dividend increase.Says increased quarterly dividend of $0.6695 per share on the common stock, represents a 1 percent increase.  Full Article

Procter & Gamble Co - Lawsuit over Duracell batteries guarantee is thrown out - Reuters News
Wednesday, 16 Mar 2016 11:00am EDT 

Procter & Gamble Co:A federal judge threw out a lawsuit accusing Procter & Gamble Co of misleading consumers by guaranteeing that Duracell batteries would not fail for 10 years, when in fact the batteries might leak when used or stored normally - RTRS.In a decision late Tuesday night, U.S. District Judge Lucy Koh in San Jose, California, rejected claims in the proposed class-action lawsuit that P&G and its Gillette unit defrauded consumers in ads and packaging for Coppertop batteries containing "Duralock Power Preserve" technology.Koh said reasonable consumers would understand that P&G's representation that the batteries were "guaranteed for 10 years in storage" was a warranty to repair, replace or refund batteries that failed within that timeframe, and not a promise that the batteries "have no potential to leak.".She also said in her 33-page decision that the complaint did not identify any cause, including any design or manufacturing defect, as to why the batteries might leak.Warren Buffett's Berkshire Hathaway Inc BRKa.N bought the Duracell business from Cincinnati-based P&G on Feb. 29.Six law firms filed the lawsuit on behalf of the plaintiff Renee Punian of San Jose, who said she would not have paid a "premium price" for the batteries had she known they might leak.Lawyers for Punian could not immediately be reached for comment on Wednesday. P&G had no immediate comment.  Full Article

Procter & Gamble Company divests Hipoglós Brand to Johnson & Johnson Consumer Inc
Wednesday, 2 Mar 2016 09:00am EST 

Procter & Gamble Company:Says divests Hipoglós Brand to Johnson & Johnson Consumer Inc.Says transaction, for an undisclosed amount, is expected to close in the next 4 to 6 months.  Full Article

Procter & Gamble Company divests escudo soap brand to Kimberly Clark-de Mexico
Monday, 22 Feb 2016 04:00pm EST 

Procter & Gamble Company:The sale of its Escudo soap brand in Mexico and other Latin American countries to Kimberly-Clark de México S.A.B. de C.V.The transaction, for an undisclosed amount, is expected to close during the first half of 2016 subject to necessary regulatory approvals.  Full Article

Berkshire's Duracell to close South Carolina plant, affecting 430 workers

Duracell said it plans to close a battery-making plant in South Carolina that employs 430 people, making the announcement fewer than five months after being acquired by Warren Buffett's Berkshire Hathaway Inc.