Procter & Gamble, seeking to fend off a challenge from activist investor Nelson Peltz, Thursday pointed to better-than-expected earnings as evidence its makeover of the consumer products giant is on track. P&G reported increased profits in the just-finished quarter and projected higher sales in fiscal 2018, a contrast to the sluggish sales of recent years. … Read more
Procter & Gamble reported increased quarterly profits Thursday and forecast higher sales in its next fiscal year as it sought to beat back a challenge by activist investor Nelson Peltz. The consumer products giant, whose products include Old Spice deodorant and Charmin toilet paper, said fiscal fourth quarter profit was $2.2 billion, up 13.5 percent. … Read more
Procter & Gamble reported declines in both sales and profits Wednesday, saying challenging geopolitical and economic conditions hit consumer demand. The maker of Tide detergent and Head & Shoulders shampoo reported earnings in its fiscal third-quarter of $2.5 billion, down 8.3 percent. “The third quarter macro environment was characterized by a slowdown in market growth, … Read more
A court in the Indonesian holiday island of Bali jailed a British man and his Australian girlfriend on Monday for their roles in the murder of a traffic policeman on a popular surfing beach. David Taylor, 33, was jailed for six years for the murder of Wayan Sudarsa. Sara Connor, 45, was jailed for four … Read more
A British man was Monday jailed for six years over the killing of a policeman who was beaten to death on a beach on the Indonesian resort island of Bali. David Taylor, 34, was found guilty at a court on the island of fatal group assault over the killing of officer Wayan Sudarsa, whose battered … Read more
An Australian woman and her British boyfriend accused of beating to death a policeman on Indonesia’s resort island of Bali are facing a jail term of eight years each in line with prosecutor requests on Tuesday. Sara Connor, 46, and David Taylor, 34, are on trial for allegedly killing officer Wayan Sudarsa whose battered body … Read more