Word: procters
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...Procter & Gamble...
...best-managed American companies do just that, in their meetings, paperwork, memos and lines of communication, say Co-Authors Thomas J. Peters and Robert H. Waterman Jr. in their book to be published this month by Harper & Row (360 pages; $19.95). Among those companies: United Technologies and Procter & Gamble, both of which have banned memos longer than a page...
...those companies will be declining, and that will help profits. Next they moved to housing-related stocks that would benefit if the lower interest rates encourage a pickup in homebuilding. Their favorites: Weyerhaeuser and Georgia-Pacific. Anticipating that consumer spending would increase, Rolland bought Sears, Roebuck and Co., MCA, Procter & Gamble and two drug companies, Syntex and American Home Products. Smaller, profitable airlines, which would benefit as travel increased in a healthier economy, also looked good, so Chemical bought US Air and PSA. One industry group that he totally avoided was energy stocks. Says Rolland: "I'm still...
...diet-conscious America, when one fad falls, the next amazing shrinking cure is always on its way. And at Procter & Gamble right now they are talking about a new substance that can create a creamy-rich milkshake or a buttery spread that is not the least bit fattening. It is a zero-calorie dead ringer for dietary fat called sucrose polyester (SPE), and last week researchers at the University of Cincinnati Medical Center reported SPE's first successful test. The compound contains eight fatty acids instead of the three that make up ordinary fats. As a result, digestive enzymes...
...Said a Procter & Gamble spokesman: "Your first reaction is to laugh about it, but it has become such a major distraction to our organization that we have decided enough is enough. It's not funny any more." Although its sales have yet to be affected by the rumors, Procter & Gamble says it will file more lawsuits if the tales do not die down...