Procter & Gamble shares were down sharply early in Friday’s session after the consumer products giant reported a mixed quarter. We viewed the action as a bit of profit-taking — and not a reflection of the results. The stock entered the session on a four-day winning streak while the broader market declined. Late Friday, as … Read more
In this photo illustration, Pantene and Head & Shoulders hair products are displayed on July 28, 2023 in San Anselmo, California. Justin Sullivan | Getty Images Procter & Gamble on Friday reported mixed quarterly results but raised its full-year earnings outlook. Shares of the company were roughly flat in premarket trading. Here’s what P&G reported compared … Read more
These are the top companies to work for in Singapore in 2024, according to LinkedIn. Carlina Teteris | Moment | Getty Images Banks dominated the top 5 best companies in Singapore to work for, according to LinkedIn’s list on the best workplaces in the country in 2024. “Commercial banking firms from banking to insurance and … Read more
Procter & Gamble Co. Tide Pods brand laundry detergent. Daniel Acker | Bloomberg | Getty Images Over 8 million bags of liquid laundry detergent packets distributed in the U.S., including Tide and Gain, were recalled by Procter & Gamble Friday due to a “risk of serious injury” involving the product packaging. According to the Consumer Product Safety … Read more
Bob Iger poses with Mickey Mouse attends Mickey’s 90th Spectacular at The Shrine Auditorium on October 6, 2018 in Los Angeles. Valerie Macon | AFP | Getty Images Disney shareholders on Wednesday will settle a long-simmering proxy battle led by billionaire investor Nelson Peltz. Voters will decide whether the company’s board deserves another year together, … Read more
Ford Motor kept its 2024 guidance unchanged Tuesday. Meanwhile, Amazon ‘s pharmacy efforts added another wrinkle and Disney ‘s newest board member weighed in on the proxy fight underway at the entertainment giant. Here’s a closer look at these headlines and our takes on each. F YTD mountain F stock performance year-to-date. The news: Ford … Read more
The fourth quarter was pretty darn good for our stocks. Results were mostly better than expected, and many corporate leaders forecasted more of the same. For good reason: Businesses are starting to spend again, supply chain conditions continue to improve and the consumer remains resilient. Roughly 73% of companies in the S & P 500 … Read more
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible.) Markets bounce : Stocks kicked off … Read more
Director of the National Economic Council Lael Brainard speaks during the daily press briefing at the White House January 11, 2024 in Washington, DC. Brainard fielded a range of questions about the economy and inflation. Drew Angerer | Getty Images National Economic Council Director Lael Brainard on Tuesday blamed higher consumer prices on “shrinkflation,” doubling … Read more
We are buying 85 shares of Abbott Laboratories at roughly $113.91 and selling 60 shares of Procter & Gamble at roughly $158.97. Following the trades, Jim Cramer’s Charitable Trust will own 360 shares of ABT, increasing its weighting to 1.28% from 0.98%, and 490 shares of PG, decreasing its weighting to 2.46% from 2.75%. We’re making … Read more
