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Procter & Gamble Co (PG)

PG on New York Consolidated

90.77USD
23 Mar 2017
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$-0.22 (-0.24%)
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Latest Key Developments (Source: Significant Developments)

Paul Hartmann to acquire P&G Incontinence Brand in Spain/Portugal
Thursday, 2 Mar 2017 09:00am EST 

Paul Hartmann AG : To acquire P&G Incontinence brand in Spain/Portugal . Transaction seeks to take place by end of Q2 of fiscal year 2017 .As part of agreement, Hartmann to obtain all P&G assets associated with Lindor product portfolio, intellectual property, contracts with employees, 25,000-sqm manufacturing facility in Montornés, Spain.  Full Article

P&G Q2 EPS $0.93 from continuing operations
Friday, 20 Jan 2017 07:00am EST 

Procter & Gamble Co : P&G announces second quarter earnings . Q2 core earnings per share $1.08 . Q2 earnings per share $2.88 . Q2 sales $16.9 billion versus I/B/E/S view $16.77 billion . Q2 earnings per share view $1.06 -- Thomson Reuters I/B/E/S . Procter & Gamble Co says raising its guidance for organic sales growth from approximately two percent to a range of two to three percent for fiscal 2017 . Q2 earnings per share $0.93 from continuing operations . Qtrly organic sales increased two percent . Procter & Gamble -maintained its expectation for 2017 core earnings per share growth of mid-single digits versus fiscal 2016 core eps of $3.67 . Procter & Gamble -now expects combined headwinds of foreign exchange and minor brand divestitures to reduce sales growth by 2 to 3 percentage points in 2017 . P&G estimates 2017 all-in sales to be in line with prior fiscal year . 2017 all-in gaap earnings per share are expected to increase 48 pct to 50 pct versus fiscal year 2016 gaap EPS of $3.69 . Fy2017 revenue view $65.15 billion -- Thomson Reuters I/B/E/S .Procter & Gamble - during three months ended Dec 31, 2016, recorded a charge of $345 million after tax due to early extinguishment of certain long-term debt.  Full Article

P&G declares quarterly dividend
Tuesday, 10 Jan 2017 09:00am EST 

Procter & Gamble Co : P&G declares quarterly dividend .Procter & Gamble- Quarterly dividend of $0.6695 per share on common stock and on Series A and Series B ESOP convertible Class A preferred stock of co.  Full Article

Procter & Gamble CFO on conf call- Will not compete in the lowest price tiers
Tuesday, 25 Oct 2016 07:15am EDT 

Procter & Gamble Co : CFO on conf call- wage inflation an increasing challenge in many developing markets . CFO on conf call- will not compete in the lowest price tiers . CFO on conf call- will make about $22 billion in dividend payments, share exchanges and share repurchases in FY2017 . CFO - in China, need to make much more progress in babycare, have some challenges in wholesale market and specialty channels Further company coverage: [PG.N] ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

P&G reaffirms forecast for 2 pct organic sales growth for fiscal 2017
Tuesday, 25 Oct 2016 07:00am EDT 

Procter & Gamble Co : P&G announces first quarter earnings . P&G said it is maintaining its projection for organic sales growth of approximately two percent for fiscal 2017 . P&G announces first quarter earnings . Q1 earnings per share $1.00 from continuing operations . Q1 earnings per share $0.96 . Q1 sales $16.5 billion versus i/b/e/s view $16.49 billion . Qtrly organic sales rose 3% . Procter & Gamble co - P&G continues to estimate all-in sales growth of about one percent for fiscal 2017 . Q1 earnings per share view $0.98 -- Thomson Reuters I/B/E/S . Procter & Gamble - sees combined headwinds of foreign exchange and minor brand divestitures to reduce sales growth by about one percentage point in 2017 . Procter & Gamble Co - maintains its expectation for core earnings per share growth of mid-single digits versus fiscal 2016 core eps of $3.67 . 2017 all-in GAAP earnings per share are expected to increase 45% to 50% versus fiscal year 2016 gaap eps of $3.69 . P&G - fiscal 2017 GAAP EPS estimate includes about $0.10 per share non-core restructuring costs and $0.13 per share charges related to debt retirement .Included in 2017 GAAP EPS guidance is a significant gain from divestiture of 41 beauty brands to coty inc.  Full Article

Procter & gamble co declared a quarterly dividend of $0.6695 per share
Tuesday, 11 Oct 2016 09:54am EDT 

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

P&G - final proration factor of about 15 pct for shares tendered in specialty beauty brands exchange offer
Wednesday, 5 Oct 2016 09:00am EDT 

Procter & Gamble Co :Procter & Gamble announces final proration factor of 15.0123 pct for shares tendered in P&G specialty beauty brands exchange offer.  Full Article

SA's Competition Tribunal conditionally approves Coty-P&G deal
Tuesday, 27 Sep 2016 12:00pm EDT 

SA's Competition Tribunal : Conditionally approved the merger of Coty and P&G (Procter and Gamble) (Bengaluru Newsroom: +91 80 6749 1136).  Full Article

Procter & Gamble Commences P&G Specialty Beauty Brands Exchange Offer
Thursday, 1 Sep 2016 12:01pm EDT 

Procter & Gamble Co : Commencement of exchange offer for separation of global fine fragrances, salon professional, cosmetics, retail hair color businesses . Says P&G is offering to exchange shares of Galleria Co. Common stock for shares of P&G common stock . P&G expects to issue 409.7 million shares of Galleria Co. Common stock in exchange offer .Exchange offer designed to permit shareholders to exchange shares of P&G stock for shares of Galleria stock at a discount of 7 percent.  Full Article

P&G says court enters injunction barring private label maker from infringing Crest Whitestrips IP rights
Thursday, 25 Aug 2016 12:13pm EDT 

Procter & Gamble : Procter & Gamble - Federal Court entered permanent injunction barring private label manufacturer from infringing company's substantial Crest Whitestrips IP rights .Procter & Gamble - Court enjoined Onuge Personal Care Co Ltd from manufacturing, offering, selling, distributing products that infringe P&G's patents.  Full Article

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RPT-PRESS DIGEST- British Business - March 15

March 14 The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.