Word: procter
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...Italian subsidiary of Remy-Cointreau and COO of Antinori wines, one of Frescobaldi's toughest competitors. "Giovanni brought a more professional mentality," says patriarch and chairman Vittorio Frescobaldi, 70, with a laugh. "We needed to change the mind-set." To do that, Geddes hired staff from the likes of Procter & Gamble and Arthur Andersen to work with family members. "I convinced the family that everything had to make financial sense," says Geddes...
...today's directors think they should be. For years boards allowed underperforming ceos to bumble onward; after all, many board members are CEOs too. But increasing pressure has forced them to oil the trapdoor. Boards, just like stockholders, don't want to be surprised. ceos such as McGinn and Procter & Gamble's Durk Jager, who was forced out in June, were sunk by overly rosy earnings projections. In both cases, the chief executive predicted better earnings than he could deliver--twice in Jager's case, three times in McGinn's. At Gillette, director Warren Buffett, famous for his long-term...
...trying to invest around the weak euro, avoid companies with extensive operations abroad. Those tend to be consumer-product giants like Colgate-Palmolive and Procter & Gamble, typically thought to be defensive investments. Tech stocks fall into the same trap. Even those without European operations aim to benefit from business there. Your salvation may be in oil, natural gas and electric utilities. Although they've run up, these stocks look best from a risk-reward point of view...
...Craig, the crabby surgeon he played on "St. Elsewhere" in the '80s. "We have strategies to turn on the heat even higher." Some of the union's strategies will target manufacturers of the products its members are paid to tout. "There have been talks about a huge boycott against Procter & Gamble," says Robbins. "I don't think P&G wants celebrities telling America not to buy their products." This week O'Donnell asked Procter & Gamble and two of her other sponsors, Kellogg's and General Motors, not to run commercials made with non-union talent...
...case of groceries, Priceline's inability to make deals with such major manufacturers as Procter & Gamble and Kraft has meant that customers lured by the 90-day free-trial period have found prices rising after they signed on. "I think what they do is sucker you in with a really low price," says Amy Anuszewski, a software engineer in Reading, Pa. "Once you're hooked, they start charging a monthly fee and higher prices...