Breaking News

RBC Capital Markets Cuts RatingOn Procter & Gamble’s Stock

June 29, 2012


• RBC Capital Markets downgraded Procter & Gamble Co to “sector perform” from “outperform,” expressing doubts over the management’s ability to execute a recent plan to cut costs and drive growth for its key businesses. The downgrade comes after the world’s largest household products maker lowered its growth forecasts for the second time in two months and unveiled plans to cut costs and focus on its core businesses.

“We no longer have the conviction that PG can pull this off with near flawless execution,” wrote analyst Jason Gere. “It sounds right and we agree with management’s decision to focus on the core but we aren’t certain that we have seen the end of missteps over the next year.”
  • Cargo Says Aloha To Spring/Summer

    Cargo Says Aloha To Spring/Summer

    Christine Esposito, Associate Editor||February 13, 2017
    Cargo Cosmetics has rolled out its new Spring/Summer collection with Hawiianan singer Anuhea.

  • Cashing In on Coconuts

    Cashing In on Coconuts

    Melissa Meisel, Associate Editor||February 6, 2017
    Organic to Green is making waves for its new oils and eco-friendly packaging.

  • Monday Morning Quarterback

    Monday Morning Quarterback

    Christine Esposito, Associate Editor||February 6, 2017
    Super Bowl commercials are big business. Let’s look at some of personal and household care brands that bought spots this year

  • Trade Association Directory 2017

    February 2, 2017
    Contact details of trade associations that serve various segments of our industry and are mentioned frequently in Happi.

  • What the Halal  Is Going On?

    What the Halal Is Going On?

    Imogen Matthews , In-Cosmetics||February 2, 2017
    Demand for these beauty products is surging thanks to a fastgrowing Muslim population.

  • Relief for Sensitive Scalps

    Relief for Sensitive Scalps

    Guadalupe Pellon and Annette Mehling , BASF||February 2, 2017
    BASF researchers detail the attributes of the company’s highly effective hair care system focusing on scalp sensitivity.