Local News: Seattle, WA 

 | 

Sign Up

 | 

Sign In

May 2, 2007 | Posted by: roboblogger

P&G disappoints investors

Full story: The Cincinnati Enquirer

“This company has got to have a strong position in health care for the 21st century, and we're going to get it.”

Shares in Procter & Gamble Co. dropped more than 2 percent Tuesday after the company announced third-quarter profits of $2.51 billion, or 74 cents per share. via The Cincinnati Enquirer

Read

2 Comments

More Globecomm Systems Discussions »

Comments

Showing posts 1 - 2 of2
30 Year Procter Employee

Troy, MO

|
Report Abuse
|
Judge it!
|
#1
Jun 27, 2007
 

Judged:

1

Strong position? I think not...basically (as an MBA employee of what we call 'Ma Procter') the board of directors are busy trying to make money for THEMSELVES. The Gillette acquisition produced BIG profits for their former CEO, and under-the-table payoffs for directors that approved their acquisition.
Wonder WHY 'Ma Procter's' stock isn't performing well? Well just look at the deflation of the U.S. dollar in conjunction with limited growth of the company!
Stock will eventually start to climb after it hits $58 dollars per share (based on what I know on the inside). We'll pump money into software, systems, and maybe another company or two to keep the price of the stock on the market down.
A.G. Lafley? Well, he's a part-time employee of Procter & Gamble, serving on the boards of Dell Computer Corporation (we use their computers in the company...wonder why), and General Electric. He's so shady, that his wife can't even stand him anymore. He's Procter's "pretty-boy" that was designed to take the helm of the suffering corporation, and cover Dirk Yeager's "colorful accounting" practices, serving as a 'talking-head' and getting the company back on track.
What to do? If you've got stock in P&G, keep it. If you don't have stock, DON'T INVEST! It'll take P&G a couple years to recover from all the bad investments that they've made. What bad investments? P&G was first offered the technology to make "HUGGIES" and turned it down in favor of coming up with their failed "Pull-Ups" brand. They were offered the technology to take advantage of the "PocketPaks" for their Scope brand that is now marked by LISTERINE - a total SNAFU.
Procter dilutes their stock prices by offering stock options for their senior board members...something that NEEDS TO STOP.
So, OK, where is Procter going? Down the tubes if they don't change their direction!!!!!!!!!
20 Year PG Employee

North Bay, Canada

|
Report Abuse
|
Judge it!
|
#2
Jul 9, 2007
 

Judged:

1

Yes it is a changing Company since 2000, the folk's in the upper levels doing more than ok, don't look after the folk's at the lower end like they use to.
Heck we can't even support fellow P&G sites ( Product's) as we have had basically a 5% overall increase to our wages since 2001 so that meens you trim where you can on the family budget !! Less than a 1% a year increase to our salary per year, very disappointing.
Not sure if this is just a Canadian thing with in P&G's inner circle ??

Tell me when this thread is updated:
(Registration is not required)

Add to my Tracker

Send me an email

Showing posts 1 - 2 of2
Type in your comments below
Name
(appears on your post)
Comments
Characters left: 4000
Type the numbers you see in the image on the right:

Please note by clicking on "Post Comment" you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Other Recent Globecomm Systems Discussions

Search the Globecomm Systems Forum:
Topic Updated Last By Comments
Access Chat Plus Brings Video Chat Onboard Mar '13 satelliteinfo 1
Bill to bar attack on health-care workers advances Feb '13 nomart5 1
New Study Shows Actonel Almost Halves The Risk ... (Dec '06) Oct '12 Ken 20
Jennifer Lopez Tops World's Most Powerful Celeb... (Jul '12) Jul '12 Rb RECORDS 1
Sheriff's Office: Man dressed as Mrs. Doubtfire... (Jun '12) Jun '12 Dmrsdoubtfire 1
P&G jumping into retail online, testing new site (Jan '10) Jan '10 Jacksson 1
Genpact Sees Promise In Economic Rubble (Apr '09) Apr '09 Not Disclosed 1

Daily Horoscope for May 20

Aquarius

Your love life will blossom during the next few weeks, whether that means falling in love with someone new, enjoying a happy phase in an existing relationship or simply enjoying the company of some of your favourite people. There could be good news about a child or a forthcoming celebration, too, which will lift your spirits.

Get your Horoscope »