The Trouble With Earnings: Good Profits, Bad Revenues
Seven of every 10 big companies are hitting their targets for earnings, but nearly the same proportion -- 6 out of 10 -- have missed on revenue. What's to blame?
procter and gamble
P&G Quarterly Profit Rises on Cost-Cuts, Market Share Rise
Procter & Gamble says its net income rose 6 percent in the fiscal third quarter, as it cut costs and gained market share in North America.
Kimberly-Clark Posts Higher Profit on Strong Int'l Growth
Kimberly-Clark posted a bigger-than-expected jump in first-quarter earnings Friday on strong growth in its international markets and cut costs.
Looking to Lure Younger Men, Old Spice Expands into Bar Soap
Old Spice, known for appealing to more mature men, is introducing a line of scented soap bars.
S&P 500 in Longest Winning Streak Since 2004
The Standard & Poor's 500 index closed above 1,500 on Friday for the first time since the start of the Great Recession in 2007, lifted by strong earnings from Procter & Gamble and Starbucks.
Activist Investor William Ackman Targets Procter & Gamble's CEO
William Ackman's Pershing Square Capital Management has taken a $2 billion position in Procter & Gamble, and it's almost certain he wants to oust the CEO. This is hardly Ackman's first attempt to buy big into a company and shake things up -- but it is his biggest.
Skiing Champ Lindsey Vonn Owed IRS $1.7 Million in Back Taxes
Lindsey Vonn has put together an amazing string of victories on the slopes, but leaving her finances in the hands of her now-estranged husband sent her down another slippery slope -- toward an unpaid tax bill of Olympian proportions.
Unilever CEO Expects to Catch P&G in Five Years
Unilever CEO Paul Polman recently admitted that his company had grown "too little" over the past 10 to 15 years, but said he expects it to catch up with rivals such as Procter & Gamble within the next five years. Is it a realistic goal?
As Food Prices Rise, Packages Get Smaller and Smaller
As food prices continue to rise, many food companies are shrinking packages instead of raising item prices. But don't be fooled: You're definitely paying more for less.
Walgreen Buys Drugstore.com for Twice Its Value
After years of trying to expand its online presence through organic growth, giant drug store chain Walgreen has decided to buy a bigger Web footprint, acquiring drugstore.com, the country's eighth-largest e-tailer -- and it's paying a premium price.
10 Things You'll Be Paying More for This Year
Expect to pay more this year for many consumer goods -- from diapers to toothpaste to Big Macs. Just as the typical American family will finally have a few more dollars to spend, inflation will take a chunk of that extra cash.
Oprah's OWN Delivers a Strong Debut for Advertisers
Oprah Winfrey's new cable network is commanding some of the highest ad prices on cable, and it justified those rates with its heavily watched debut. Now, OWN will have to prove it can maintain its viewership levels throughout the year.
Is the 'New Normal' Slow Growth? Not Necessarily
Despite the pessimistic taking hold, a growing roster of high-profile money managers are balking at at this theme, arguing that it's wrong-headed and self-defeating. Plus, good money can still be made in the markets.