High marketing costs hit Colgate
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Colgate-Palmolive Co. warned Monday that second-half earnings will fall well short of Wall Street forecasts due to higher marketing spending.
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Household and personal care products leader Procter & Gamble Co  and smaller rival Colgate-Palmolive Co  both posted double-digit quarterly profit increases on Tuesday, but P&G's shares fell as its full-year outlook disappointed analysts.
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Colgate-Palmolive, the consumer products company, said yesterday that it would close about a third of its factories and cut more than 4,400 jobs over the next four years as part of a major restructuring effort to increase profit margins.
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Household and personal care products  makers Procter & Gamble Co  and Colgate-Palmolive Co   both reported higher quarterly profit on Thursday,  boosted by sales in emerging markets as the U.S. economy  slowed.
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The food company's profits are hit by cost pressures -- are higher prices the solution?
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Colgate-Palmolive is to cut about 4,440 jobs -12 per cent of the workforce - and close roughly one-third of its factories amid fierce competition from Procter &amp; Gamble.
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Shares of Colgate-Palmolive (NYSE: CL) stumbled out of the gate this morning, as the consumer products giant warned that rising costs of raw materials, coupled with increased
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NEW YORK (Dow Jones)--Online-advertising revenue was a record $2.37 billion in the second quarter as the industry continued to push past the levels reached during the dot-com boom, according to a trade group.
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Convenience comes at too big a price.
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Companies that have invited consumers to create advertising often find it to be more stressful, costly and time-consuming.
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Colgate-Palmolive Co. on Thursday said counterfeit "Colgate" toothpaste that may contain a toxic chemical had been found in discount stores in four U.S. states.
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Colgate-Palmolive today said it is cutting 4,400 jobs and closing a third of its 78 factories around the world. The group, which makes grooming and cleaning products including Colgate toothpaste and Ajax detergent
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Costs have increased steadily in recent years, causing some to wonder about quality.
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Procter & Gamble Co.  and its smaller rival Colgate-Palmolive Co.  posted slightly better-than-expected quarterly sales and profits on Tuesday and signaled that their businesses look good for the rest of 2007.
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Colgate-Palmolive said today that it would close about a third of its 81 factories and cut more than 4,400 jobs over the next four years in a major effort to increase profit margins pressured by global competition.
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A move to curb sales fees at one of the largest fund providers may be good news for investors, but load funds still scream buyer beware.
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External cost pressures dragged on the company's first-quarter results.