Consumer products company Procter & Gamble reported a mixed bag of quarterly results Friday morning, posting revenue that came in line with what Wall Street was expecting but per-share profit that fell just short.
Procter & Gamble said Friday it will separate Duracell as a standalone company. Shares of PG are up 2.3% premarket. Specific plans for the battery brand exit have not been decided, but P&G said it is leaning toward offering P&G shareholders the chance ...
Procter & Gamble reported quarterly earnings that met analysts' expectations on Friday, but revenue fell a bit short. The consumer products giant also said it would split off its Duracell battery business into a separate company.
Consumer product megacorp Proctor & Gamble has just announced that it'll spin-off Duracell into its own separate company. The announcement comes as part of a move to pare down brands and focus on the 70 to 80 most profitable.
<h1>Melanie Healey</h1> In a time of major change at P&G, Healey has been a steady influence. Head of the company's largest and most challenged unit�North America, with $32.8 billion in revenue�she now reports directly to CEO A.G.
Since 2000, P&G has increasingly used divestitures and brand exits as method of boosting overall performance. Here are some of the big names that once were part of P&G. Sure deodorant was sold in 2006. (Photo: Photo by Justin Sullivan/Getty Images).