Ali Dibadj News
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PepsiCo Inc. and Mondelez International Inc. shareholders are wagering that salty and sweet are better together.
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Procter & Gamble Co. declined the most in more than four years after projecting fiscal fourth- quarter earnings that trailed analysts’ estimates because of currency fluctuations and marketing costs.
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Nelson Peltz’s Trian Fund Management LP disclosed stakes in PepsiCo Inc. and Mondelez International Inc., increasing speculation that he’ll push for a merger of the food makers.
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Companies from Philip Morris International Inc. to Colgate-Palmolive Co. are finding that overseas expansion has its drawbacks as a stronger dollar makes it more expensive to repatriate profits from abroad.
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In a dozen years running Reckitt Benckiser Group Plc, Bart Becht earned a reputation for developing innovative products and pushing them into far-flung regions. Achieving similar success at investment firm Joh. A. Benckiser, where he’s trying to assemble an $11 billion portfolio of second-tier coffee brands, will be a lot tougher.
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At L’Oreal SA’s Shanghai research center, more than 260 scientists working with skin cells and test tubes tailor products from lipsticks to shampoos for Chinese shoppers.
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Procter & Gamble Co., the world’s largest consumer-products company, should consider breaking itself up if it doesn’t improve earnings this year, an analyst at Sanford C. Bernstein & Co. said today.
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Replacing Avon Products Inc.’s Chief Executive Officer Andrea Jung with an outsider may inject fresh energy into a company where the leader and much of her board have served for more than a decade.
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Colgate-Palmolive Co., Avon Products Inc. and other U.S. makers of household products with operations in Venezuela fell after the country devalued its currency for the fifth time in nine years.
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Procter & Gamble Co. has spoken to financial and communications advisers to help manage an activist investor as demands grow to jettison executives or assets, said people familiar with the matter.
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