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...The results pushed shares in P&G, which had been little changed for the year so far, up 4 per cent in morning trading in New York....
...Schulten said P&G’s “consumer markets remained relatively resilient” globally....
...P&G’s sales volumes declined 3 per cent in the period, but the higher prices allowed the it to produce net sales of $20.1bn in the quarter, an increase of 4 per cent from the same period a year ago....
...Most large consumer packaged goods groups, including P&G, are still operating on tighter margins than they were before the pandemic....
...P&G, the world’s largest maker of household goods, lifted profit margins for the first time in two years after it pushed up prices for consumers at a faster pace than the rise in its own expenses....
...Blackstone president Jonathan Gray in January told the Financial Times it was “too early” to tell whether redemption pressures were moderating, citing the heavy requests in November and December....
...Into the second power vacuum at least, enter bubblegum action thriller The Gray Man....
...“The danger with real estate is that people look at what happened in the [global financial crisis],” says Dan Riches, co-head of real estate finance at asset manager M&G....
...These had included an outright ban on renting out properties in the lowest “F” and “G” energy efficiency categories....
...E-1027 (E for Eileen and code for the positions of her and Badovici’s initials in the alphabet, J, B and G) wears its nautical influence on its sleeve....
...Barclays expects P&G’s ad budget will rise another $250m in the year ahead....
...Not all consumer trends in the pandemic have benefited P&G, however....
...Prudential separated the UK unit M&G in 2019 and subsequently came under pressure from investor Third Point to spin off the US business as well....
...The group had already separated its UK asset management unit M&G in 2019, and subsequently came under pressure from investor Third Point to spin off the US business as well....
...P&G plans to return between $15bn and $17bn in cash to shareholders through dividends and share buybacks....
...Danuta Gray, chair of St Modwen, said the board had “considered Blackstone’s approach from a position of strength” and took “a robust position on value”....
...Green Century said some of P&G’s rivals had implemented stronger deforestation policies....
...P&G produced net earnings of $2.8bn compared with a loss of $5.23bn in the same period one year ago....
...Shares in P&G rose 1 per cent in morning trading in New York....
...Speaking days after two of Levi’s competitors in denim, Lucky Brand and the US arm of G-Star Raw, filed for Chapter 11 protection, Chip Bergh said “the list [of recent failures] is already pretty long and...
...Within the past week, the denim fashion companies G-Star RAW and Lucky Brand have filed for Chapter 11 protection....
...Within the past week, the denim companies G-Star RAW and Lucky Brand have filed for Chapter 11 protection, and more bankruptcies are expected in the coming weeks....
...P&G took a $8bn writedown at Gillette last year....
...Last month, P&G agreed to buy Billie, a subscription-based grooming brand for women, for an undisclosed sum....
...P&G’s baby care and grooming divisions have lagged behind the recovery, however....
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