Word: procter
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...fact, Procter & Gamble, the $79 billion consumer-goods giant, is even taking a bet on the blades. The maker of mass-market products such as Tide detergent, Crest toothpaste and Ivory soap purchased the Art of Shaving in June for an undisclosed sum. P&G's move surprised some analysts, as it represented the company's first real foray into retail, which has struggled during the downturn. "You kind of wonder what they are doing here," says Linda Bolton Weiser, equity research analyst at Caris & Co. "When companies start to veer off their main focus, it often doesn't work...
...Woods - what, you're not going to shave because he's a bit of a hound? Alternatively, if Gillette dumps Woods and misses out on his triumphant comeback, it's doubtful that consumers will start switching razor brands (unless, perhaps, he endorses Bic out of spite). Yet Procter & Gamble, Gillette's parent company, is no fan of controversy. "P&G is known as being a traditional, conservative company," says Sturner. Plan on seeing more Roger Federer - and no Tiger - while he takes his hiatus from golf...
...After working in private practice at the Boston law firms Parker, Coulter, Daley & White and Goodwin Procter LLP, became an assistant district attorney for Middlesex County in 1986. (See pictures of people mourning Ted Kennedy...
Chicken Parts and Tires But the same Americans who speak darkly of the China effect routinely seek out the least expensive cell phones, televisions and clothing and demand that companies whose stocks they invest in show double-digit profit growth. Procter & Gamble needs the supercharged gains of its Oil of Olay brand in China to remain compelling to investors. The Otis Elevator Co., a unit of United Technologies, makes great elevators, but it's China that's erecting thousands of skyscrapers. And the same Chinese who snap up copies of China Is Not Happy seek business deals with American companies...
...testosterone. Many American women already use testosterone treatments off-label to treat their low libidos, and doctors attest that they work. But past efforts by drugmakers to get such treatments approved by the FDA specifically for HSDD have been blocked for safety concerns. Intrinsa, a testosterone patch manufactured by Procter & Gamble, is used to treat female sexual dysfunction in postmenopausal women in Europe, but after being tested in women in the U.S., the FDA rejected P&G's fast-track request for approval in 2004, requesting more long-term safety data. And early trials of the experimental compound...