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Poor Earnings Hit ETFs
Wednesday, January 28, 2015 - 5:27pm | 866There was a major pothole hit this week following a string of poor earning’s reports fueled by a strong dollar and a slowing of the global economy in the fourth quarter. Consumer staples giant Proctor & Gamble Co (NYSE: PG) suffered greatly from the dollar appreciating against foreign...
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Procter & Gamble Could Spin Off Duracell
Tuesday, November 11, 2014 - 1:32pm | 526In its first quarter 2015 earnings call, Procter & Gamble Co (NYSE: PG) announced it will be divesting itself of iconic battery brand, Duracell. In 2014, Duracell sales accounted for $2.2 billion of Procter & Gamble’s $83 billion in sales. As the largest personal battery provider...