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Published May 5, 2004
Duesseldorf, Germany-based Henkel posted a 4.5% quarterly profit rise on Tuesday, a shade below expectations due to decreased sales in the core home care division. Henkel, whose overall sales in the first quarter rose 2.4%, and 4.8% after currency ef… Read More »
Published April 6, 2004
The Soap and Detergent Association's (SDA) 2004 mid-year meeting, May 10-12 at the Cincinnati Convention Center, will feature reports from SDA's expert standing committees, technical and educational sessions, networking events and a special roundtabl… Read More »
Published March 2, 2004
The “always the lowest price” syndrome that is wreaking havoc with supplier and marketer profit margins, isn’t solely a U.S. phenomenon. The rush to lower prices is even reaching the Indian sub-continent. Today, the Indian unit of Procter & Gamble Co… Read More »
Published February 19, 2004
Jan Miner, a New York stage actress who gained fame as Madge the manicurist in Palmolive television ads, died Sunday. She was 86.Ms. Miner, who lived in Southbury, CT, had been in failing health and died at the Bethel Health Care Facility, her agent,… Read More »
Published February 13, 2004
Anglo-Dutch food and household goods maker Unilever announced co-chairman Niall FitzGerald will retire on Oct. 1. He has held the post for more than seven years and will be replaced by foods director Patrick Cescau.Mr. FitzGerald joined Unilever in 1… Read More »
Published February 9, 2004
Church & Dwight Co., Inc., Princeton, NJ, today reported that net income increased 20% in 2003 to $81.0 million from $66.7 million the previous year. Full-year sales increased 0.9% to of $1,056.9 million. Executives said excluding oral care acquisiti… Read More »
Published February 3, 2004
Colgate-Palmolive Company reported its eighth consecutive year of double-digit earnings per share growth for the year ended Dec. 31, 2003. Executives said operating profit, gross profit and net profit margins all reached record highs for both the fou… Read More »
Published January 28, 2004
The Procter & Gamble Co.'s fiscal second quarter profit jumped 22%, thanks to lower manufacturing costs and a 50% surge in sales at its beauty care business, according to executives.P&G also reported net income of $1.82 billion for the quarter ended… Read More »
Published January 26, 2004
The Dial Corporation reported net income was $24.9 million in the fourth quarter ended Dec. 31, 2003, a net loss of $29.2 million from last year's period. Net sales in the fourth quarter of 2003 rose 3.9% to $346.7 million from $333.6 million in last… Read More »
Published December 15, 2003
The Dial Corp., the maker of Dial soap, Renuzit air fresheners and Armour Star canned meats, is being acquired for about $2.9 billion in cash by Henkel, a German maker of detergents, cosmetics and adhesives. The deal, announced late Sunday, would giv… Read More »
Published October 23, 2003
Colgate-Palmolive Company has agreed to sell its European laundry detergent brands, marketed in France, Italy and Scandinavia, to Procter & Gamble. The sale is subject to approval by regulatory authorities in France.Reuben Mark, Colgate's chairman an… Read More »
Published August 29, 2003
The chairman of the President's Council on Environmental Quality and an update on the government's battle against SARS are among the program highlights scheduled for The Soap and Detergent Association's fall meeting, Sept. 30-Oct. 2, 2003 in Washingt… Read More »
Published August 21, 2003
Major portions of Europe's proposed chemical management policy are unworkable and would place significant burdens on business and government with "negligible" improvements to human health and the environment, according to The Soap and Detergent Assoc… Read More »
Published August 4, 2003
Church & Dwight Co Inc., maker of Arm & Hammer baking soda and deodorant, said second quarter profit rose 31% on due to cost cuts as it integrated two acquisitions and raised its full-year earnings estimate.The company posted profit of $24.6 million,… Read More »
Published July 29, 2003
The European Commission has given Procter & Gamble Co. permission to take over German hair care group Wella, the U.S. group's largest deal ever, a source familiar with the situation said on Tuesday.P&G, the leading U.S. consumer products company whos… Read More »
Published July 23, 2003
The Dial Corporation, Scottsdale, AZ, reported net income was $35.5 million for the second quarter ended June 28, versus net income of $33.4 million in the second quarter of 2002.A special gain in the second quarter of 2002 totaled $2.2 million, and… Read More »
Published July 15, 2003
Some local consumer product brands have gained significant market share in China, challenging the position of multinational companies such as Unilever NV and Procter & Gamble Co., according to research firm ACNielsen.ACNielsen said a 2002 study of mo… Read More »
Published June 5, 2003
Seeking to focus on increasing sales of its consumer products, The Procter & Gamble Co. plans to hire four contracts to take over various administrative tasks and build sales of its nearly 300 consumer brands, including Tide detergent, Crest toothpas… Read More »
Published May 8, 2003
Consumer products maker Procter & Gamble Co. said tornado damage to a Pringles and Torengos snacks plant in Tennessee could trim fourth quarter sales growth, but backed its earnings outlook for the period. The maker of Tide laundry detergent and Cres… Read More »
Published April 8, 2003
Hal Stratton, chairman of the U.S. Consumer Product Safety Commission (CPSC), will be the keynote speaker for The Soap and Detergent Association's 2003 mid-year meeting in Washington, D.C. on May 20-22 at the Hilton Washington Embassy Row.Mr. Stratto… Read More »
Published February 21, 2003
Flavor, scent and price are all variables that consumer product makers juggle to sell their wares, and now there's another one--the size of the cap on a bottle of laundry detergent.Over the next two years, Dial Corp., Scottsdale, AZ, said it plans to… Read More »
Published February 10, 2003
Church & Dwight Co.'s fourth quarter profit more than doubled, thanks in part to the integration of USA Detergents Inc. and the consumer businesses of Carter-Wallace Inc. The consumer products company, best known for its Arm & Hammer line of baking s… Read More »
Published January 29, 2003
Dial Corp., Scottsdale, AZ, reported sales increased to $333.6 million in the fourth quarter of 2002, compared to $310.0 million in 2001. Earnings per share from continuing operations beat the average estimate of eight analysts polled by Thomson Firs… Read More »
Published January 20, 2003
The Soap and Detergent Association (SDA) and The Cosmetic, Toiletry and Fragrance Association (CTFA) Topical Antimicrobial Coalition today petitioned the Food and Drug Administration (FDA) to allow eligible topical antibacterial products to make anti… Read More »
Published November 15, 2002
The Soap and Detergent Association's (SDA) 2003 annual meeting and industry convention, to be held Jan. 29-Feb. 2, 2003 at the Boca Raton Resort & Club, will present the program, "Getting Things Done." Highlights include speakers Honeywell Internatio… Read More »
Published November 4, 2002
Church & Dwight Co., Princeton, NJ, reported net income in the third quarter rose 13.5% to $17.6 million. Operating income, combined with the company's share of the income from affiliates, rose to $33.6 million, a 26% increase from last year.Robert A… Read More »
Published October 17, 2002
The Dial Corporation, Scottsdale, AZ, reported net sales rose 4.1% to $347.2 million for the third quarter ended Sept. 28, 2002. Excluding Argentina where sales were reduced by the peso devaluation, total company net sales would have increased approx… Read More »
Published October 8, 2002
Procter & Gamble Hygiene and Health Care Ltd., Bombay, said Tuesday it has licensed its Camay brand of soaps in India to Nirma Ltd. because it plans to concentrate on just four markets. Under terms of the agreement, Nirma will have an exclusive right… Read More »
Published October 8, 2002
Nominations are now being accepted for The Soap and Detergent Association (SDA) Glycerine Innovation Award, which includes a $3,000 honorarium. The industrial oil products division of the American Oil Chemists' Society (AOCS) is now accepting nominat… Read More »
Published September 27, 2002
Procter & Gamble Co. today reiterated its previous guidance for profit and sales growth in the current quarter, ahead of a presentation to analysts by its chief executive. The maker of Tide laundry detergent, Crest toothpaste and Downy fabric softene… Read More »
Published September 15, 2002
The Procter & Gamble Co. is starting a massive ad campaign to try to revitalize the Clairol hair care brand it acquired from Bristol-Myers Squibb Co. in November. "This intensive initial campaign is just the beginning of our efforts to re- energize C… Read More »
Published September 12, 2002
The Food and Drug Administration's top official and the Environmental Protection Agency's senior science advisor are among the speakers scheduled to appear at The Soap and Detergent Association's (SDA) Fall Meeting, October 1-3, at the Arlington Hilt… Read More »
Published September 9, 2002
Procter & Gamble has $8-10 billion to finance acquisitions, said company chairman A.G. Lafley in an interview published in French daily La Tribune on Monday. Mr. Lafley said the group had carried out the bulk of the divestments he considered necessar… Read More »
Published August 21, 2002
Scottsdale, AZ-based Dial Corporation is still on the market. The board said last year it would look for a buyer so Dial could better compete with industry giants such as Procter & Gamble and Colgate-Palmolive. So far, no buyer has emerged, but Dial'… Read More »
Published August 5, 2002
Church & Dwight Co., Princeton, NJ, reported second quarter sales, excluding Armkel and other affiliates, increased 12.6% to $258.5 million from $229.6 million last year. This increase is primarily due to the Arrid antiperspirant and Lambert Kay pet… Read More »
Published July 31, 2002
Growth of leading brands improved in the second quarter and with a strong marketing program, Unilever executives expect a further increase in the second half year. Sales of leading brands rose 4.4% during the quarter. Executives said these brands now… Read More »
Published July 18, 2002
Dial Corp., Scottsdale, AZ, said Thursday that earnings more than doubled in the second quarter, helped by strong sales in the U.S. and improvement in its Argentine market. The improved results are the latest sign that the maker of Dial soap, Renuzit… Read More »
Published January 24, 2002
Dial Corp., Scottsdale, AZ, reported fourth-quarter net income nearly doubled from a year ago, boosted by strong sales of its personal cleansing, laundry and food products and improved profit margins. Net sales were up 6.2% for the quarter to $426.6… Read More »
Published December 12, 2001
JP Morgan on Wednesday said it raised its rating on consumer products giant Procter & Gamble Co. to "buy" from "long-term buy," a day after the maker of Tide laundry detergent said earnings would beat estimates.Analyst Sally Dessloch told Reuters she… Read More »
Published November 6, 2001
Jon M. Huntsman, chairman of the Huntsman Corporation and nationally known author and political satirist P.J. O'Rourke are two of the featured speakers at the 2002 Soap and Detergent Association annual meeting and industry convention, set for January… Read More »
Published October 18, 2001
Colgate-Palmolive Co. reported a 7.6% increase in third quarter profits, boosted by strong sales of core products such as toothpaste and dish detergent. For the quarter ended Sept. 30, the company earned $296.2 million, compared with $275.3 million i… Read More »
Published September 13, 2001
Henkel KGaA has agreed to sell its chemical division Cognis to a consortium of financial investors comprising of Schroder Ventures and Goldman Sachs Capital Partners. The transaction is based on an enterprise value of 2.6 billion euro.Henkel has succ… Read More »
Published July 27, 2001
Church & Dwight Co., maker of Arm & Hammer products such as laundry detergent and toothpaste, on Friday reported a 9% rise in second-quarter earnings on higher sales and said president and chief operating officer Jon Finley has resigned after four mo… Read More »
Published July 25, 2001
Dial Corp. today beat analysts estimates with a sharp rise in second-quarter net income and raised its forecast for full-year earnings, a rare move for a consumer products company in the current weak economic environment. Helped by sales growth in it… Read More »
Published May 1, 2001
Procter & Gamble Co. said on Tuesday that fiscal third-quarter earnings before restructuring related items rose 9.4% as price increases for Tide laundry detergent and Pampers diapers helped offset a decline in shipment volume.The company, which also… Read More »
Published April 2, 2001
Consumer products giant Procter & Gamble Co., which last month said it will cut an additional 9% of its workforce and has reported lower operating earnings in its last four quarters, is not in a crisis, its chief financial officer said Monday."The no… Read More »
Published April 2, 2001
Shares of USA Detergents Inc. popped 18% after the laundry and cleaning products maker announced it is in an agreement to be acquired by Church & Dwight Co. for $7 a share. The companies had partnered in a combined laundry products business known as… Read More »
Published March 21, 2001
Procter & Gamble Co. is reportedly considering job cuts that could eliminate 10 percent to 20 percent of its global work force in response to the economic downturn. According to an article in The Wall Street Journal, the Cincinnati-based consumer pro… Read More »
Published March 19, 2001
A senior manager at the China operations of Anglo-Dutch consumer goods maker Unilever is in police custody after being accused of helping a local firm produce fake Unilever products, a company spokesman has confirmed. The case underlines the flagrant… Read More »
Published March 16, 2001
Consumer products maker Procter & Gamble Co. said on Friday it had licensed intellectual property to an unidentified Fortune 500 company, adding that it was exploring similar licensing deals with a range of other companies as an extra way of making m… Read More »