Bob McDonald

On Thursday, shares of Procter & Gamble (NYSE: PG), the world's largest consumer products company, jumped almost four percent on volume that was nearly triple the daily average on news that Bill Ackman's Pershing Square Capital has built a position in the company. Only time will tell what...

Procter & Gamble (NYSE: PG) has followed up a difficult third quarter with some more disappointing news: The world's largest household product maker has lowered its quarterly earnings guidance along with revenue forecasts as the company has seen lackluster market share growth as of late. The...