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Procter & Gamble Co (PG)

PG on New York Consolidated

87.25USD
26 May 2017
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Latest Key Developments (Source: Significant Developments)

Trian Fund Management ups share stake in P&G to 36.7 mln shares
Friday, 12 May 2017 05:05pm EDT 

May 12 (Reuters) - Trian Fund Management Lp::Trian Fund Management Lp ups share stake in P&G to 36.7 million shares from 6.4 million shares - sec filing.Trian Fund Management Lp - change in holdings are as of March 31, 2017 and compared with the previous quarter ended as of Dec 31, 2016.  Full Article

Corium International reports Q2 loss per share $0.42
Thursday, 11 May 2017 07:00am EDT 

May 11 (Reuters) - Corium International Inc :Corium reports second quarter fiscal 2017 financial results and recent corporate highlights.Q2 loss per share $0.42.Q2 revenue $7.3 million versus i/b/e/s view $6.4 million.Q2 earnings per share view $-0.37 -- Thomson Reuters I/B/E/S.Expects to initiate pivotal bioequivalence study this fall, with preliminary topline results expected in February 2018.Targeting submission of a section 505(B)(2) new drug application (NDA) in second half of 2018.Corium international and P&G entered into new commercial supply agreement that among other things,extends term of supply relationship to March 31,2022.Cash and cash equivalents as of March 31, 2017 were $40.6 million.  Full Article

Coty Q3 loss per share $ 0.22
Wednesday, 10 May 2017 06:30am EDT 

May 10 (Reuters) - Coty Inc :Coty Inc. Reports third quarter fiscal 2017 results.Q3 adjusted earnings per share $0.15.Q3 revenue $2.032 billion.Qtrly loss per share $ 0.22.Q3 earnings per share view $0.13, revenue view $1.94 billion -- Thomson Reuters I/B/E/S.Qtrly net revenues $ 2,032.1 million versus $ 950.7 million last year.Coty-On integration of P&G beauty business, co is making "good progress" and exited transitional services agreement in North America on May 1.Coty Inc - expect constant currency net revenue trends in Q4 excluding younique and GHD to "weaken" sequentially versus Q3.  Full Article

P&G Q3 core earnings per share $0.96
Wednesday, 26 Apr 2017 07:00am EDT 

April 26 (Reuters) - P&G :p&g - qtrly organic sales increased one percent.p&g announces third quarter earnings.Q3 core earnings per share $0.96.Q3 earnings per share $0.93 from continuing operations.Q3 sales $15.6 billion versus i/b/e/s view $15.7 billion.Qtrly beauty segment organic sales increased one percent versus year ago.p&g - p&g said it is maintaining its guidance for organic sales growth in range of two to three percent for fiscal 2017.Q3 earnings per share view $0.94 -- Thomson Reuters I/B/E/S.Qtrly grooming segment organic sales decreased six percent.p&g - company also maintained its expectation for 2017 core earnings per share growth of mid-single digits versus fiscal 2016 core eps of $3.67.p&g - p&g said it is increasing fiscal year guidance for adjusted free cash flow productivity from 90% or more to approximately 95%.p&g - 2017 all-in gaap earnings per share are expected to increase 48% to 50% versus fiscal year 2016 gaap eps of $3.69.p&g - fiscal 2017 gaap eps estimate includes approximately $0.12 per share of non-core restructuring costs and $0.13 per share of charges related to early debt retirement.p&g - p&g estimates 2017 all-in sales to be down one percent to in-line with prior fiscal year.p&g - q3 macro environment was characterized by a "slowdown in market growth".  Full Article

P&G declares dividend increase
Tuesday, 11 Apr 2017 04:01pm EDT 

Procter & Gamble Co : P&G declares dividend increase . P&G - increased quarterly dividend of $0.6896 per share on common stock and on series a and series b esop convertible class A preferred stock of co .P&G - increased quarterly dividend represents a 3pct increase compared to prior quarterly dividend.  Full Article

P&G says filed infringement complaint for preliminary injunction against Ranir
Monday, 27 Mar 2017 10:52am EDT 

Procter & Gamble Co : p&g - p&g filed infringement complaint and motion for preliminary injunction against ranir llc .p&g-complaint alleges ranir is infringing co's tooth whitening technology by manufacturing & selling store-brand tooth whitening strip products to retailers.  Full Article

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

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Ralph Lauren names P&G executive Patrice Louvet as CEO

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