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Berkshire Hathaway Stock Hits New All-Time Highs, Passes Tesla: Analyst Sees More Upside Ahead
Monday, February 24, 2025 - 12:55pm | 520Conglomerate Berkshire Hathaway (NYSE:BRK)(NYSE:BRK) shares hit all-time highs Monday on the heels of the company's annual shareholder letter from CEO Warren Buffett. An analyst sees more upside ahead after the report. The Berkshire Hathaway Analyst: Keefe, Bruyette & Woods analyst Meyer...
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If You Invested $1,000 When Procter & Gamble Bought Gillette, Here's How Much You'd Have Now
Tuesday, October 19, 2021 - 7:20pm | 408Procter & Gamble Co (NYSE: PG) is one of the top consumer products companies. The well-known firm has built a portfolio of familiar brands that can likely be found in most households. Some of those products have come via acquisitions, including a large one made in 2005. The...
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This Day In Market History: Gillette Buys Duracell
Friday, September 13, 2019 - 7:25am | 348Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened On this day 23 years ago, Gillette bought Duracell for $7 billion. Where The Market Was The Dow Jones Industrial Average closed at 5,838.52 and the S&P 500 traded at 680.54. What...
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Argus Cites Disappointing Organic Growth In Procter & Gamble Downgrade
Friday, April 20, 2018 - 10:09am | 463Procter & Gamble Co (NYSE: PG) reported fiscal third-quarter earnings Thursday that exceeded the Street's expectations but also reaffirmed disappointing organic growth rates, according to Argus. The Analyst Argus' John Staszak downgraded Procter & Gamble's stock rating from...
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Motley Fool Analysts Talk Holidays For Wal-Mart, A Breakdown On Twitter And More
Tuesday, November 18, 2014 - 6:26pm | 779Chris Hill, host of Motley Fool Money, sat down with analysts Jason Moser, Jeff Fischer and Matt Argersinger to chat recent financial news. On the show's latest installment, they discussed: Wal-Mart Stores, Inc.'s (NYSE: WMT) recent third-quarter win, Hasbro, Inc.'s (NASDAQ: HAS...
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Wal-Mart's Earnings Help Boost Dow To New Highs
Thursday, November 13, 2014 - 5:39pm | 1092U.S. stocks were mildly higher on Thursday as major indices were little changed at the closing bell. The S&P 500 and Dow both traded at new highs following Wal-Mart Stores, Inc.'s (NYSE: WMT) premarket earnings. Data from the Labor Department showed initial claims for state...
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How Much Does Berkshire Hathaway Like Consumer Goods?
Thursday, November 13, 2014 - 3:37pm | 458Berkshire Hathaway Inc. (NYSE: BRK-A) and Warren Buffett have long-standing investments in the financial sector, including early investments in insurance. What may not get as much attention is another area that Berkshire likes holding for the long-term: consumer goods. According to the firm...
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Should Investors Ever Bet Against Warren Buffett?
Thursday, November 13, 2014 - 11:45am | 421News that Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B), notably headed by Warren Buffett, is going to acquire Duracell from Procter & Gamble Co has captured the financial media's limelight Thursday morning. Here is a bird's eye view of the fundamentals and a thorough...
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Berkshire Hathaway To Buy Duracell For $4.7 Billion
Thursday, November 13, 2014 - 9:13am | 146Berkshire Hathaway Inc. (NYSE: BRK-A) on Thursday morning agreed to acquire Duracell, the popular battery maker owned by Procter & Gamble Co (NYSE: PG), in an all-stock deal worth $4.7 billion. The deal is expected to close in the second half of 2015, with Procter & Gamble receiving $4....
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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...
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Markets End Hectic Week On Positive Note
Friday, October 24, 2014 - 5:16pm | 1129U.S. markets rose on Friday, ending a four-week slide for the major indices despite ongoing Ebola-related scares. Investors found enough positives in earnings reports from Dow listed Microsoft and Procter & Gamble to justify a triple-point gain in the Dow. The S&P 500 posted its best week...
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Procter & Gamble's Duracell Split Could Energize Earnings
Friday, October 24, 2014 - 11:23am | 314Procter & Gamble Co's (NYSE: PG) plan to split off its Duracell battery brand could energize its earnings by reducing the number of shares outstanding, the company said Friday. Procter & Gamble traded recently up 2.7 percent at $85.55 per share. Procter & Gamble said it hasn...