Procter & Gamble (PG) Gains After Moving Up Earnings
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/24/2026
Go back to Procter & Gamble (PG) Gains After Moving Up Earnings
April 20, 2018 8:23 AM EDT
JPMorgan lowered its price target on Procter & Gamble (NYSE: PG) to $75.00 (from $80.00) while maintaining a Neutral rating following the company's 3Q earnings report. PGs reported organic sales growth of +1% was a 100bps sequential deceleration on reported figures from 2Q. Management now expects... More
April 19, 2018 6:01 AM EDT
The Procter & Gamble Company (NYSE: PG) today announced it has signed an agreement to acquire the Consumer Health business of Merck KGaA, Darmstadt, Germany, for a purchase price of approximately 3.4 billion euro.
This acquisition enables P&G to expand its successful consumer health care business by adding a fast-growing portfolio of differentiated, physician-supported brands across a broad geographic footprint. It also provides P&G with strong health care commercial and supply capabilities, deep technical mastery... More
