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P&G, Coty Will Merge Some Brands: Here's What It Means
Thursday, July 9, 2015 - 9:13am | 387Read More...Coty Inc. (NYSE: COTY) announced on Thursday the signing of a definitive agreement to merge Procter & Gamble Co (NYSE: PG)'s fine fragrance, color cosmetics, and hair color business into Coty through a tax-free Reverse Morris Trust transaction. Media reports in June suggested that Coty has been...
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Proctor & Gamble Shares Feel The Heat From Wells Fargo Downgrade
Friday, July 11, 2014 - 9:15am | 171Read More...In a report published Friday, Wells Fargo analyst Chris Ferrara downgraded Proctor & Gamble (NYSE: PG) from Outperform to Market Perform and lowered the valuation from $88.00-$90.00 to $85.00-$87.00. Ferrara noted Proctor & Gamble's slower progression due to competition, near-term obstacles...
