From Deseret News archives:
Colgate-Palmolive showing increased strength
Answer: This steady performer with more than 200 years of experience selling toothpaste and oral-care items continues to polish its expanded product line.
Some of its recent arrivals include Colgate Total Advanced Whitening toothpaste, Colgate 360 degree deep-clean manual toothbrush and upgraded-formula Mennen Speed Stick 24/7 deodorant.
Increased popularity of profitable premium toothpastes and more extensive advertising have helped to boost its key products to higher market share. It has derived significant benefits from corporate restructuring and overall cost savings.
Three-fourths of sales are outside the U.S., providing its strongest growth. But it is in a global battle with mighty Procter & Gamble, a much larger rival that boasts the power brands Crest, Gillette, Tide, Pampers and Oral B.
Both companies have targeted emerging markets as primary growth vehicles and say there has been no slowdown in the demand for their products there.
The firm has experienced some weakness in its Latin American markets, while its Hill's pet food business has been hurt by higher commodity prices. Meanwhile, French antitrust authorities reportedly are completing a two-year investigation of alleged collusion and price-fixing by European and U.S. consumer-products firms. Colgate-Palmolive is among those being probed.
The consensus recommendation on Colgate-Palmolive shares at their current price is "buy," according to Thomson Financial. That consists of five "strong buys," nine "buys," five "holds" and one "underperform."
Some of the well-known Colgate-Palmolive brands are Palmolive, Irish Spring, Softsoap, Ajax, Axion, Soupline and Tom's of Maine. Earnings are expected to increase 13 percent this year and 12 percent next year, with the five-year annualized growth rate projected to be 11 percent.
New Chief Executive Ian Cook who replaced Reuben Mark, who left the post July 1 after 23 years in that job received total 2007 compensation of $11.4 million, including stock awards, a Securities and Exchange Commission filing indicated.
Question: I am very disappointed with results from my Putnam Vista Fund shares. Any hope? L.C., via the Internet
Comments
- Bolt rewrites the record book 9:10 a.m.
- AT&T: Tighter cell-data control ahead 9:04 a.m.
- Iraqi PM: Patience after bombings 9:01 a.m.
- Oil rises after estimated supply drop 8:56 a.m.
- Eagles, Reid agree to extension 8:30 a.m.
- Stocks dip at open 8:22 a.m.
- Police, protesters gear up for Obama 7:57 a.m.
- Delta sees brighter revenue ahead 7:51 a.m.
- Iraqi man, lucky dog reunite 7:47 a.m.
- Attack may have killed civilians 7:46 a.m.
- Snow brings big chill
- Andersen apologizes for Jordan hoax
- Expert calls Mitchell delusional
- Yet again, we learn BCS is a big joke
- BYU football: Bronco weighs in on Hall
- Cougars in better mood about bowl
- Ranking the bowl games
- Hot Rod behind mic for Lakers
- Five players miss Jazz practice
- Cougars use depth to beat ASU
- Y. profs: Beck not all-knowing
278 - Letters: Global warming a lie
219 - TCU to play Boise in Fiesta Bowl
205 - BYU football: Bronco weighs in on Hall
171 - Cougars going back to Vegas
148 - Utah/BYU rivalry can be more civil
143 - George lost in rivalry hatefest
119 - Andersen apologizes for Jordan hoax
116 - Ed Smart 'appalled' at testimony
99 - Revive full food tax?
95
Pittsburgh Post-Gazette writer Joyce Gannon offers the following advice...
Gong after some Beaver will present a challenge to YBU after not getting...
What type of cancer does he have?
I used to have very liberal views on porn. I believed it was okay until it...
Really? Review the 2 Deep as listed by the SL Tribune posted on 8/28/09....
Too bad it's too late, ha ha ha... The science is "Settled". No new...
Good call, since your tide pools got crushed by Utah last year, why not let...
Members of The Church of Jesus Christ of Latter Day Saints are perfectly...
. Please explain how beer was thrown when it is not sold in the stadium...
The only time CO2 production has decreased has been in the recession we've...
The loss still stinging ya, huh? Can't simply admit that the Utes just got...


You can be the first to comment on this story.