25 Burst results for "Proctor And Gamble"
Procter & Gamble Will Raise Prices in September
"Consumer products giant procter and gamble says it will raise prices on household items from diapers to tampons beginning in september. The company cited rising costs for raw materials and transportation is the latest consumer products company to increase prices rival. Kimberly clark announced its own price. Hikes last month
"procter gamble" Discussed on Wall Street Breakfast
"Seek bigger homes with more amenities. thirty percent. Upside is toll this week in our single stock focus. We're focusing mass rich with juicy scuola. The stock closed the week at just under thirteen. Sixty juicy along with our paul. Drake began here. Mass rich is a real estate investment. Trust that owns a collection of more than thirty five high quality malls fully or in part. These malls have seen rapidly increasing sales per square foot in recent years through twenty nineteen. The two thousand twenty was a different animal thinks to unpaid rent prompted by government shutdowns of their malls net operating income dropped from nine hundred and twenty million in two thousand nineteen to about six hundred and seventy million in twenty twenty despite this mass rich has been solidly profitable their dividends paid which were reduced roughly in half year-over-year come in at about seventy five percent of funds from operations escola continues mac. Carry substantial debt as you many rates one can find some spectacularly misinformed commentary relating to the bird in this that imposes the vast majority of the debt is in the form of mortgages titus specific properties each property must cover its own interest payments by means of its own profitability. Just as you if you have a home mortgage in. The present crisis using mortgages has turned out to be a very robust form financing. The simple story is that the lender the keys to any property with secured indebtedness with no significant consequences since they're secure debt always tied to individual properties. Each discussion with lenders is focused on the value and viability of specific property. banks don't want to own the properties. They have proven quite willing to extend such loans until the dust settles. And there's a better way to look ahead only about one. Sixth of the total liabilities of mac is in the form of unsecured debt. This is their credit facility also called the revolver. It's in the amount of one point. Five billion mag remaining six hundred sixty six million on this facility early. In twenty twenty in case they needed to handle the impacts of the pandemic as of september thirtieth mack was holding six hundred and thirty million in cash. They have no need to burn cash order to get through this year there have been paid enough to cover costs and the dividend they are paying escola goes on to discuss the risks. There certainly could be a lot. More volatility for the stock before it revalued upward if reworking the debt covenant does not go smoothly this ca- generate some great buying opportunities. The retail recovery will be very gradual if the market waits for results. It could be a few years before mag substantially revalued. This does not bother us. Mac would get bought out. The analysis above says this ought to be at thirty dollars or more if it happens but one never knows overall seeking alpha.
"procter gamble" Discussed on Wall Street Breakfast
"After huge i gains were parity bit on friday beckenham calendar brings reports on housing starts manufacturing pm an existing home sales while the nearly two trillion stimulus package and vaccine distribution will be at the top the agenda for joe biden after he is sworn in as us president in earnings news. Bank of america charles schwab goldman sachs j. b. hunt transport and netflix's report on the nineteenth united health. Proctor and gamble morgan stanley. United airlines and kinder- morgan report on the twentieth travelers baker hughes ibm and intel report on the twenty-first as well as financial and regions financial on the twenty. Second in ipo news. New ipo pricings. In the week ahead are expected to include. Mit netherlands parent. V dream finders. Phones patron investments and quarterbacks ipo share lock-up periods expire on jam folding and ebbing international on january eighteenth accolade and exxon and i know zion farm on the nineteenth as well as it therapeutics montrose environment group and newark's therapeutics on the twentieth the ipo quiet period on inhibit case therapeutics also expires during the week. The new space exploration etf a. r. k. Ex is creating a lot of buzz even before it launches are exciting. Fun will primarily track companies engaged in space exploration and innovation defined as leading enabling or benefiting from technologically enabled products and services that kirby on the surface of the earth that includes companies involved in orbital aerospace sub orbital aerospace enabling technologies such as ai drones and robotics and general aerospace beneficiaries. Internet access construction and imaging company is expected to benefit from the increase in space exposure. Include virgin galactic. Max are technologies orbcomm. Iridium via sat loral space and communications trimble. Raytheon and northrop. Grumman emanate news shareholders. Vote on the west. Fraser timber deal on the nineteenth an acorn international. I o steel. On the twenty-first the tender offer takeover of c- core by american industrial partners hits on the twenty-first with major stakeholder t. rowe price indicating that it won't to a shares under the current terms in the world for cheetahs restaurant. Gaming arm is said to be interested. Enlisting casino and dining assets via fast acquisition in what could be a high profile. Deal as we mentioned at the start. Netflix's reporting this week and is expected to report q four revenue of nearly six point seven billion operating income of nearly nine hundred million. Epsn thirty five and total streaming editions of six point. Four seven million bank of america says beyond the near term uncertainty around twenty twenty one subscriber estimates pulford effect pricing and competition. It continues to believe netflix's we'll see significant leverage and it's global content investment over the long term and faces less regulatory scrutiny versus its mega cap tech peers. New york governor andrew cuomo is expected to include language next week as part of the state budget proposal directing the new york state gaming commission to solicit bids from mobile sports wagering operators the direction implied by cuomo could have big implications for draftkings penn. National gaming nj unlimited this week in barons mentions the stocks and themes drawing attention. Barron's weekly addition the barons roundtable a year of pain and gain for socks. Some of the name singled out as outperformers include mobile amgen via taiwan semiconductor jordache intel and game. Stop are both sized up. After they're busy weeks. The publication keeps downbeat view. And jamie and says there is no quick and easy fix at intel. The view on toll brothers is more favourable. As the company's focus on high end homes is said to.
Procter & Gamble beats estimates as sales jump 9%, raises forecast amid strong demand
"Another company that is benefiting from people working from home. Uncle Sam is suing Google. We will get to that. We're going to start with consumer staples. Procter and gamble sales in the first quarter rose nine percent. The company raised revenue guidance for the full fiscal year and shares a proctor and up around one and a half percent, which is not a lot but just enough. That that sock is hitting an all time high. Yeah Outstanding Quarter largely of margin story on the outstanding part. Know, they sold seven percent more in terms of volume about nine percent total. So that's not extraordinary but it's it's good in this. In this economy, people are cleaning both their their homes and their themselves more actually and who the thing that proctor and gamble has going for it is that it is I think the best margin quarter that I could find a over the last fifteen years. So it is not forced into discounting right now the. Promotional sales at it has to make people are still going to the stores painful price for a lot of a lot of their goods, and they are not in the position where they have to raise salaries the moment or. You know they've done very well at keeping costs down so Between those two being able to charge what they want to charge for their products. And doing it more efficiently. A great quarter. Greg, quarter and if they're not spending more money on salaries John Muller, the operating officer and the CFO. Admitted very clear. They are going to be spending more on marketing because they. Look at the current environment. Look proctor and gamble they sell stuff all around the world but North America is their biggest market and I think they're looking at the numbers of how many people are. Spending time on screens. And they're saying to themselves. Yeah it is a good investment for us to. Start ramping up our marketing. Yeah they are spending a lot of time on screens not necessarily. On the screens and where the ads traditionally been, which would be TV ads more people are. Watching watching Netflix, watching things on the video recordings and just skipping through the AD. So it's more and more online. Advertising and. More is coming a sense everybody. Will Be. locked inside for. Another couple of quarters.
"procter gamble" Discussed on Behind the Numbers: eMarketer Podcast
"Many of them have the service because it came for free with like an iphone that they bader another apple device. So until they build out that content library free trial is probably the main way they can get people to stick around right now. We're. Just not a ton of content they're not licensing older shows. So they got some time before they can build out as far as its success I don't know if the streaming service itself will be a huge success, but apple can use it to tie people into their other media products. Now that they're bundling streaming service with their news and music in cloud and gaining services and the Apple TV, plus also has the benefit where it's similar to Amazon prime video were they have channels that you can subscribe to other streaming services in Apple? Would take a cut of that revenue. So they can make subscription revenue by having him be like the destination for for people in having their billing aggregated one place but I don't know if a whole lot before going be watching content directly from apple on its. Yeah..
"procter gamble" Discussed on Behind the Numbers: eMarketer Podcast
"Big announcement about skipping out on the upfront in the future as well as what's going on. qube apple TV and Disney..
Procter & Gamble Posts Biggest Yearly Sales Gain Since 2006
"Let's get the shares of procter and gamble. Also talking tape today, the company posting, it's the largest annual sales gain since two, thousand, six strength and the home care unit. That's like dishwashing detergent and all that kind of stuff all the stuff you do at home laundry detergent. PK? Well. Clyde gene right I mean, this one was a no brainer. Not only that is that you in early in the pandemic in most places, it was really difficult to get these products. So people bought extra, they hoard it, they put it in their pantry. So and I still think that actually could happen a bit I'm not convinced that we are done with covert I, mean the film mention that board is not thinking of thinking that there's not going to be a resurgence and that's not my. My view at all I think this this ball. We could have another very big resurgence. So I think this would actually go right into procter and gamble not only that let's remember we've had a pretty weak dollar proctor and gamble multinational should do fairly well. Is there any concern that if the economy gets rough that people aren't going to be paying up for cascade or some of these other brands and they'll they'll sort of down go down market? So to speak in terms of price. Yeah. I. Think People by two case point when people were hoarding. When you go into these stores, you buy anything that's on the shelf, and if they don't have a proctor and gamble products, you buy whatever's there. But obviously, stock price people reach for that investors reach for what they know and they know proctor. This is a p seventy four. Guy Do you pay a pe of seventy four for the seller of Tech Company and deter I? Mean it's a higher multiple than than apple. Look forward, I think forward, if you look at it against next year earnings to your point about trailing I mean it's a twenty, twenty, five years numbers, which you know it's expensive I mean the to your point, it's not cheap, but it hasn't been cheap for a while and I think if I'm not mistaken, it probably made it or close to an all time high today. Today. So people are definitely paying up on out on the risk curve evaluation carve, which is fine, and so your point, it's not and that's not to be Glib, but there will come a day when we look at each other and say, can you imagine people paying close to thirty times forward earnings for procter and gamble? We'll be shaking our heads and but we're not the. Market Right now. Kimmy like this quick. I actually, I was just thinking if I came up with anything less than cascade, my wife would leave me. So when I come home with with White Label Brands, I'm in trouble. proctor and gamble loves me I. Think the multiple is absurd. But this multiple been absurd for two years. Okay. Didn't just code for the stock to actually not make sense valuation. So I wouldn't buy it, but I wouldn't short it. All right.
"procter gamble" Discussed on Squawk Pod
"Be anywhere. <Speech_Music_Male> <Speech_Music_Male> Joe Still <Speech_Female> Chuckling a little bit about <Speech_Male> football and why we <Speech_Male> care this time around. <Speech_Male> <Speech_Male> These. <Speech_Male> But <Speech_Male> anything I see the <Speech_Male> this morning. It was Eric Kimmy <Speech_Male> and <SpeakerChange> so they're. <Speech_Male> They're cardboard cutouts <Speech_Male> face on it to <Speech_Male> then I <Speech_Male> <Speech_Male> I <SpeakerChange> realized <Speech_Male> out in Englewood <Speech_Male> cliffs. They do have <Speech_Male> that full size <Speech_Male> cardboard cutout <Speech_Music_Male> of me. <Speech_Music_Male> thinking. <Speech_Male> You know if like <Speech_Male> <Advertisement> next week if I <Speech_Male> don't feel like being here. <Speech_Male> I might just put <Speech_Male> it. Put it right <Speech_Male> here and just have <Speech_Male> sounded just to <Speech_Male> have something on a loop, <Speech_Male> less taxes <Speech_Music_Male> <SpeakerChange> less government <Speech_Male> or just <Speech_Male> lock them respite. <Speech_Music_Male> <Speech_Music_Male> <Speech_Music_Male> Plus they <Speech_Music_Male> got. Sound. <Speech_Male> Pipe <Speech_Male> and sounds like <Speech_Male> the Tesla. <Speech_Male> Motors. <Speech_Male> They're gonNA. I saw <Speech_Male> pipe <Speech_Male> in fans <Speech_Male> cheering, <Speech_Male> and I read this stuff <Speech_Male> and we'd just go <Speech_Male> all out. <Speech_Male> We'll get all <Speech_Male> this makes sense. <Speech_Male> An entire stadium <Speech_Male> full <Speech_Male> of cardboard cutouts <Speech_Male> people <Speech_Music_Male> <Advertisement> that. <Speech_Male> <Advertisement> We all. <Speech_Female> <Speech_Female> Do It, <SpeakerChange> I know. <Speech_Female> <Speech_Female> because. 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We <Speech_Male> just accept anything now <Speech_Music_Male> anyway. <Speech_Music_Male> But we once <Speech_Music_Male> <Advertisement> again, but we <Speech_Music_Male> <Advertisement> digress. <SpeakerChange> <Speech_Music_Female> <Advertisement> <Speech_Music_Female> <Advertisement> squawk <Speech_Music_Female> <Advertisement> plan for today <Speech_Music_Female> <Advertisement> and for another week. <Speech_Music_Female> <Advertisement> Thank you for listening. <Speech_Music_Female> <Advertisement> Twa Classes hosted <Speech_Music_Female> <Advertisement> by Joe, Kernan <Speech_Music_Female> <Advertisement> Quick and Andrew <Speech_Music_Female> <Advertisement> Ross Sorkin <Speech_Music_Female> <Advertisement> tune in weekday mornings. <Speech_Music_Female> <Advertisement> CNBC at six <Speech_Music_Female> <Advertisement> am eastern. Subscribe <Speech_Female> <Advertisement> anytime <Speech_Music_Female> <Advertisement> to Squawk Pot <Speech_Music_Female> <Advertisement> and if you like <Speech_Music_Female> <Advertisement> what you hear, please <Speech_Music_Female> <Advertisement> leave us <SpeakerChange> a rating or <Speech_Music_Female> <Advertisement> review on Apple <Speech_Music_Female> <Advertisement> podcasts. <Speech_Music_Female> <Advertisement> You'd be so kind <Speech_Music_Female> will meet you back here <Speech_Music_Female> on <SpeakerChange> Monday <Speech_Music_Male> have a good weekend. <Music> <Music> <Advertisement> <Music> <Advertisement> <Music> <Advertisement> <Silence> <Advertisement> <SpeakerChange> <Speech_Music_Male> <Advertisement> <Speech_Music_Male> <Advertisement> CNBC'S <Speech_Music_Male> <Advertisement> WORKFORCE Executive <Speech_Music_Male> <Advertisement> Council <Speech_Music_Male> <Advertisement> is the Premier <Speech_Music_Male> <Advertisement> Group of C. Suite <Speech_Music_Male> <Advertisement> human resources executives <Speech_Music_Male> <Advertisement> from <Speech_Music_Male> <Advertisement> leading companies <Speech_Music_Male> <Advertisement> across the country. <Speech_Music_Male> <Advertisement> It offers <Speech_Music_Male> <Advertisement> a members, only <Speech_Music_Male> <Advertisement> portal chat <Speech_Music_Male> <Advertisement> plus exclusive <Speech_Music_Male> <Advertisement> industry contact <Speech_Music_Male> <Advertisement> with access <Speech_Music_Male> <Advertisement> to breaking news <Speech_Music_Male> <Advertisement> calls and <Speech_Music_Male> <Advertisement> digital networking <Speech_Music_Male> <Advertisement> experiences <Speech_Music_Male> <Advertisement> the networking <Speech_Music_Male> <Advertisement> resources HR <Speech_Music_Male> <Advertisement> leaders need <Speech_Music_Male> now <Speech_Music_Male> apply to the workforce. <Speech_Music_Male> Executive Council <Speech_Music_Male> at CNBC <Speech_Music_Male> COUNCILS DOT com slash W. C..
"procter gamble" Discussed on Squawk Pod
"Now the city is seeing a leveling out in cases and looking ahead to its economic recovery this morning. The city is out with a comprehensive plan on its path forward and joining us right now to talk all about it is Chicago's mayor. Lori lightfoot! Lightfoot, thank you for being with us today. It's my pleasure before we talk about the economic plan to help revive everything. Let's let's just talk about where you all are right now. I realize you are can in stage four of reopening things are starting to come back, but there are also a number of important Chicago employers that are looking at a ten additional layoffs and furloughs to come including United Boeing and highest. So where do things stand on the ground right now? How are we all doing? Well I think from A. Managing the public health, crisis I. Think we're doing pretty well. We were very very cautious and conservative and starting to slowly reopen. We called it turning a dimmer switch, and not flicking a light switch show I think that's served us well, but we certainly conscious of. Areas all around us where we're starting to see. They're starting to see an uptick in cases, but on all the major indicators hospitalizations ICU beds number people on ventilators. We are headed in the right direction daily we continue to preach diligence, but look our region's been hard hit. Just as other regions across the country have been hard hit, so that is why we needed to get ahead of this. Really take control of our own destiny when it comes to economic recovery, so we spent ten weeks really digging deep into looking at our reach and strengths, not just from an economic standpoint so this recovery. Taskforce. Report and recommendations is about how we bring more people into the workforce that we focus on our key strengths in areas like manufacturing transportation and logistics and licenses, and really start to think about what we need to do to create a vibrant economy that has much more inclusive and workforce development of course is key amongst them. This is a pretty ambitious plan. It's trying to take an. Take a stab, not only fighting every the everything that happened into the economy during Kovin, but also long term problems that you've identified in the city in terms of inclusiveness in terms of racial disparity. What are the the main overreaching goals with this one of the things that you? Maybe you think you can do as a result. Well one is build a much more inclusive economy, and you hit the nail on the head. We've been investing in areas of our city particularly in our south and West sides. There really haven't seen much. In the way of development and decades, we know that the only way that we grow the economy and grow. Our population is making sure that we create real pipelines to good paying jobs for Black Brown chicagoans who have not been a Delton. Economic Success that we've seen in years. Pass that growing of our workforce means that we have a ready, willing and able workforce to really focus on our strings. Wipe Tech Tier One tech. Tech City, but we need to tell that story better and we made to make sure that we've got the workers for a lot of these start-up businesses. Manufacturing has always been one of our Strang's. We need to make sure that we're creating a new markers for a manufacturing industry and life sciences. We've got a collection whether it's on pharmacy whether it's hospitals, og, science and research, we are really second to none in his area, and we went to build on those strengths then again matchup the workforce with the jobs. So that's really what this report focuses a lot on and healing. The trauma that people have suffered in our city. You were talking about some major investments, things like infrastructure, investment, healthcare, investment, training, initiatives, and trying to lure of things like film and TV productions by. Offering them incentives to do that. Those are great plans, but most cities and states are facing a severe drop in the revenue that they've taken it. Where do you find the money for all of these investments? Well look I think we. We have resources, and we have a lot of things that are attractive in the Chicago region, and yes, you're right. Everybody is facing our resource challenges revenue challenges, but that's the whole point. If you don't grow the economy if you don't wore new businesses. If you don't expand existing businesses, then you're not GonNa, have the revenue stream to be able to support a vital services that the government provides. We're not. We're looking to grow and not just simply tax the existing. Infrastructure and economy. We've got to give our businesses some relief and we do that by growing the economy and focusing on our strengths and you mentioned. A television when television productions restarts a new. We have a plan and pitch that we're going to take to folks and York. In on the West Coast because we've got the infrastructure here. We've got a great train. Our workforce and we need to make sure that the Chicago story is one. That's on the lips of every booking agent and that's what we're prepared to do. Agree with the plan wholeheartedly I just come back to the idea of. How do you do it this time around? Do you operate on a budget deficit to you have funds that you can pull in from other places I understand completely the idea that you want to expand the footprint and and have more business more jobs than a bigger girl. The revenue base just. It's always that constant question that gets asked. What do you cut in order to make those investments? I think we make the investments and we've been fortunate enough. In some of the resources that we have look, we're going to be challenge like every region across the country, but we see this as mission critical that we really have no choice but to make these key investments, particularly the investments in our workforce in our people, if we put people back to work by making strategic and smart investments. That is going to help us rebuild our economy and be prime to take advantage of opportunities I think even with the challenge that there are with businesses really of reevaluating their priorities. They're going still be making decisions about where and how they invest we. We've already seen a lot of companies saying we'RE GONNA make strategic investments here and there we want Chicago to be at the top of the list when those companies make make the investment, so this is as I said before really about taking our own destiny into our hands, not waiting for the market auto do its work on us, but really trying to control and shape the market in the narrative and build on Chicago strings. We Watch this play out as states have kind of tried to lure businesses away from each other over years, and lately it seems like Florida and Texas have done a lot of the winning on that they have not only talked about how they have the sunbelt how they have a lifestyle there, but the big issue to try businesses has been taxes I. is that something that you can talk to? These companies about to Illinois is difficult situation for a long time, can you? Can you change that? Narrative Well, I, think I think we can change that narrative, but the businesses that I've been talking to and the companies that we've been trying to lure the first issue on their minds right now it's where you in the cycle of covert. What have you done to protect the local workers and businesses, and how review in a partner with them and creating opportunities even in these. These difficult times and I think we've got a great story to tell here in Chicago. If you look at us and you compare us to every other major city in a country, we're trending in the right direction meaning cases going down desk, going down hospitalizations going down. We've got a great public health infrastructure. That is a key selling point in this economy right now. Maryland what surprised you the most over the last several months as we've gone through this cove experience. And what changes do you think are here to stay not temporary changes, but permanent changes in the way people work in the way, companies do business. I. Think what I've heard from a lot of CEOS is. We didn't think we could telework. We didn't think we could be flexible.
"procter gamble" Discussed on Squawk Pod
"Involved with this situation with facebook and some of the others. How do you think this changes the advertising approach for a big company like yours? Well I mean I think we've been clear on the standards of advertising everywhere. We want right You know we're not going to step in advertise whether it's hateful, denigrating derogatory comment but the higher level objective for us is the accurate and the respectful portrayal of all people. That's a standard that consumer Schiphol every company to and that standard should be whether that's an advertising whether that's in social content, or whether that's in the places where we choose to advertise, so we are seeing lots of consumer interest on that and we're taking action. We've been really clear what our standards are were applying. Applying those standards equally to all of our partners but we think that we're going to be part of the solution by studying the great example that we've been setting taking action where it's needed being very clear on the standards, and then walking the talk to make sure that ourselves we're doing the accurate and positive portrayal of people, and when people don't see it, they should hold procter gamble or any other company to account. Then we gotta go, but one final question, which is this from a commercial perspective, not advertising on facebook. Do you think it's actually had any impact on the business? I can't speak for other companies. you know there are many different ways in which we can choose to get our messages out? We're GonNa put our dollars where those decisions are made in a beer, accurate and respectful way. and I think consumers will recognize the good things that we do. Okay Damon Nice to see you appreciate a it what you're doing and appreciate you coming on the program this morning. Thank you, thank you. Next on squad Chicago Lori, lightfoot discusses the big implications of the coronavirus pandemic to the windy city. We know that the only way that we grow the economy and population is making sure that recreate real pipelines, good paying jobs for black and Brown. Chicagoans who are not been adult into economic success. We've seen in years past that conversation next. CNBC's workforce executive comes along the Premier Group. Sweet human resources executives from leading companies across the country. It offers a members, only portal and chat plus exclusive industry contact with access to breaking news calls and digital networking.
"procter gamble" Discussed on Squawk Pod
"Giant procter and gamble doubling down on its efforts to combat racism chief communications officer. Jones, we think we are going to be part of the solution by studying the great example that we've been setting taking action, whereas needed in very clear in the standards have been walking the talk and Chicago Air, Lory lightfoot on getting her city and others past the. The coronavirus crisis. We're going to be challenged like every region across the country that we see this as mission critical that we really have no choice but to make these investments particularly in the investments in our workforce, and our people, those stories plus working from home. We home is on a beach eight twelve month, Barbados welcome stamp. It's Friday July tenth twenty twenty. It's also Friday with you know what that means that I'm in love squawk box begins right now. Good morning, everybody, happy Friday and welcome to Squawk box here on. CNBC becky quick along with Joe. Kernan Andrew Ross Sorkin. I I'll on today's podcast companies combating bias many American. Corporations are taking a closer look at their impact on employees and customers when it comes to issues of diversity and inclusion one of the most visible examples, the stop hate for profit campaign, encouraging advertisers to boycott facebook amid calls for the social media giant to better moderate racist content. We've discussed this initiative at length here on squawk. SQUAWK pod check out Wednesday's episode for our most recent conversation with one of the campaign's organizers, but one of facebook's and Google's biggest advertisers has remained uninvolved in the boycott. That's proctor and gamble the consumer-goods Giant that owns household brands like Gillette. Bounty tied down vicks crest. The list goes on, but while fellow consumer giants like Pepsico Coca Cola and Unilever have pulled or paused their advertising. Advertising with facebook being Jay has not even though PNG has a history of calling out big tech platforms about this very issue in twenty nineteen, the company spoke out against digital media platforms. SUGGESTING PNG could move its aunt. Dollars to services do a better job at keeping their platforms free of offensive content, and they weren't kidding. In two thousand, seventeen and eighteen proctor and gamble had boycotted. Boycotted Youtube for over a year after its ads showed up next to terrorist content, so why his PSG remained on sidelines in this boycott, the company's strategy has instead been to double down on its own approach to combat racism with ads like the look and the talk about conversations. Black parents have with their children in this country. The talk actually won an emmy a few years ago. You were not pretty slow blood. Beautiful period. Okay. I'll never forget that. This week proctor and gamble released another short video choice encouraging white Americans to speak up and stand up against racial bias as well as the Hashtag. Let's talk about bias fostering conversation about race between strangers. Everyone has bias as might be uncomfortable. Can you imagine that officer having his knee on a white woman's neck like that for ten minutes it all starts with biased. Each video is a powerful watch. Damon Jones chief communications officer at proctor and gamble joined squawk box this morning to discuss the strategy. Here's Andrew, Ross Sorkin Damn Good morning to you. The morning before we get into some before we get into some of the details, just just tell us how this came about and I'm curious about what kind of debate there may or may not have been inside the company about how to approach this. Will for years we've been using our voice and position as a leading advertiser to spark these constructive conversation on race and unbiased. You know back in twenty fourteen. We launched a campaign called like a girl to talk about gender bias and twenty seven be launched a campaign all the talk that really shine the light on the conversations that black mothers were having with their children. Children to prepare them last year, bid on a campaign called the load, and recently with the choice we wanted to catalyze even more conversation, giving all that was happening in the world so we know that a lot of the core evil that we're facing right now. Racism sexism than up over. They all start with biased and we can't tackle these problems until we begin. Begin to talk about them, so the challenge is always. How do you do that in an accurate way? How do you do that in a way? That really brings people voices by invite them into really become part of solution. That's our objective with the talk about bias campaign. You know it's an important message, but we're. We're living in contentious time, and amid what some people. People might describe a cancel culture and I. Don't know if you remember when starbucks many years ago, put together their race together program, which immediately drew criticism despite I think it's well intentioned, and my question to you is how you think about that sort of a mix in terms of how you approach this issue, and what kind of feedback you've gotten us for. Sure well I think what we know because we're all about serving consumers, consumers want to know the values behind the brands they buy everyday and as we consider these types of programs, we do it in a fear and accurate in a respectful manner, and we're very clear on our goals, and we want a society that fosters great public discourse, even when we disagree, so we bring multiple views to the table, and we handle those using a very responsible way were clear on the objectives were clear on the outcomes, and we acknowledged that eight. Not everyone's a disagree, but we want everyone to come to the table, bringing their lived experience, but also bringing perspective that are beyond. Beyond their own, so what we did talk about bias. Perish Rangers together right. People who were different have different lived experiences, White, black gay shrink all these dimensions of diversity, and we said let's talk about these things right and sometimes disagree sometimes you'll get a little hurt, but that's the proper process of learning. We've actually taken that same process within the wall to P. and G. writes. The were walking the talk when it comes to bringing people together and getting through some of those difficult conversations at the end of the day. It's not about a popularity contest, but it's about getting to the culture of respect and understanding that we all want to live in. And then the other questions, guys. How do you think about this? In terms of branding? I know that may sound crass, but that's There is a branding element to all of this. Historically people so PNG would sell a product. This is selling a brand and there really is no I. mean there is an overarching brand, but you have lots of brands underneath the umbrella if you will. We do well, and the answer is a little bit of both their time. Will we've chosen to speak out using one of our brands, a secret or examples brand that's been very vocal about gender equality ride doing a lot of work with the US limits, national soccer team or an example there are times when other rancid have gotten in what we've done with talk about bias is we used the brand of procter and gamble because we really want to make sure that that message is clear. Clear that there's not another distraction. Sometimes people feel that the message to commercial people feel like you're doing this to Celso on. That's not why we're doing it. We're doing it because we really want a better society, so those are careful measured decisions that we take a again with the goal of making sure that that message been cut through an their measure on a very old way, but in a way that really has the impact of really changing minds, hearts and leading people to Action. The other question I was GonNa ask you though with advertising and I don't know how much you've been.
Procter & Gamble: Let's #TalkAboutBias
"Companies combating bias many American. Corporations are taking a closer look at their impact on employees and customers when it comes to issues of diversity and inclusion one of the most visible examples, the stop hate for profit campaign, encouraging advertisers to boycott facebook amid calls for the social media giant to better moderate racist content. We've discussed this initiative at length here on squawk. SQUAWK pod check out Wednesday's episode for our most recent conversation with one of the campaign's organizers, but one of facebook's and Google's biggest advertisers has remained uninvolved in the boycott. That's proctor and gamble the consumer-goods Giant that owns household brands like Gillette. Bounty tied down vicks crest. The list goes on, but while fellow consumer giants like Pepsico Coca Cola and Unilever have pulled or paused their advertising. Advertising with facebook being Jay has not even though PNG has a history of calling out big tech platforms about this very issue in twenty nineteen, the company spoke out against digital media platforms. SUGGESTING PNG could move its aunt. Dollars to services do a better job at keeping their platforms free of offensive content, and they weren't kidding. In two thousand, seventeen and eighteen proctor and gamble had boycotted. Boycotted Youtube for over a year after its ads showed up next to terrorist content, so why his PSG remained on sidelines in this boycott, the company's strategy has instead been to double down on its own approach to combat racism with ads like the look and the talk about conversations. Black parents have with their children in this country. The talk actually won an emmy a few years ago. You were not pretty slow blood. Beautiful period. Okay. I'll never forget that. This week proctor and gamble released another short video choice encouraging white Americans to speak up and stand up against racial bias as well as the Hashtag. Let's talk about bias fostering conversation about race between strangers. Everyone has bias as might be uncomfortable. Can you imagine that officer having his knee on a white woman's neck like that for ten minutes it all starts with biased. Each video is a powerful watch. Damon Jones chief communications officer at proctor and gamble joined squawk box this morning to discuss the strategy. Here's Andrew, Ross Sorkin Damn Good morning to you. The morning before we get into some before we get into some of the details, just just tell us how this came about and I'm curious about what kind of debate there may or may not have been inside the company about how to approach this. Will for years we've been using our voice and position as a leading advertiser to spark these constructive conversation on race and unbiased. You know back in twenty fourteen. We launched a campaign called like a girl to talk about gender bias and twenty seven be launched a campaign all the talk that really shine the light on the conversations that black mothers were having with their children. Children to prepare them last year, bid on a campaign called the load, and recently with the choice we wanted to catalyze even more conversation, giving all that was happening in the world so we know that a lot of the core evil that we're facing right now. Racism sexism than up over. They all start with biased and we can't tackle these problems until we begin. Begin to talk about them, so the challenge is always. How do you do that in an accurate way? How do you do that in a way? That really brings people voices by invite them into really become part of solution. That's our objective with the talk about bias campaign. You know it's an important message, but we're. We're living in contentious time, and amid what some people. People might describe a cancel culture and I. Don't know if you remember when starbucks many years ago, put together their race together program, which immediately drew criticism despite I think it's well intentioned, and my question to you is how you think about that sort of a mix in terms of how you approach this issue, and what kind of feedback you've gotten us for. Sure well I think what we know because we're all about serving consumers, consumers want to know the values behind the brands they buy everyday and as we consider these types of programs, we do it in a fear and accurate in a respectful manner, and we're very clear on our goals, and we want a society that fosters great public discourse, even when we disagree, so we bring multiple views to the table, and we handle those using a very responsible way were clear on the objectives were clear on the outcomes, and we acknowledged that eight. Not everyone's a disagree, but we want everyone to come to the table, bringing their lived experience, but also bringing perspective that are beyond. Beyond their own, so what we did talk about bias. Perish Rangers together right. People who were different have different lived experiences, White, black gay shrink all these dimensions of diversity, and we said let's talk about these things right and sometimes disagree sometimes you'll get a little hurt, but that's the proper process of learning. We've actually taken that same process within the wall to P. and G. writes. The were walking the talk when it comes to bringing people together and getting through some of those difficult conversations at the end of the day. It's not about a popularity contest, but it's about getting to the culture of respect and understanding that we all want to live in.
"procter gamble" Discussed on The Besomebody Podcast
"You bringing folks along? That will support you and sort of fortify you as you get into those down times. To help you carry on and so and so that's been a piece that has enabled me to move to move forward and and like I think my story. There are several inspiring leaders that PNG and so I'd say You dream big. And really think about how you're GonNa make a difference really either in transforming the work that you're doing the people around you and and in. If you do that, typically, you can excel, and and and really have great things. Be The best at what you do. and they can impact if you can do that everything to do. I still believe in America that. Your nine out of ten times you'll be successful and and move forward even with. the extra as I call it the tax, the extra burden you may have, it might make you stronger so persevere and move forward with. Who'd be my message? I'm A. I'm an optimist now. I love Winston Churchill's words Banai. They sort of speak to me. What is sort of like? You know where you are really looking for the opportunity. Right and where you can go, you don't look at the situation in a negative way. She's an opportunity to excel right well. Hey, my. That is that is quarter? The BE SOMEBODY DNA. Resilience perseverance. Anybody you you saw us when we were. On top of the world in two thousand fourteen, raising money with growing our APP and then twenty sixteen, when I was dead, broke and I'm like Jerry. Can you please pay for that beer because? The MIC. Thank you it's. On P. and G., Development but and And you talk about really ship Jerry I mean I always appreciated you, and and and I can tell everybody when you're talking about the relationships and going together as being quarter. You are and I know that. For me. It's it's A. It's a key piece I think You know whether it be friends from from college, and and different walks life. Those relationships are key, and so that would be the peace. Reach out, and and you know connect I think that is really. The special SAUCEPAN is being able to connect and really understand each other and If you can do that, then a lot of this stuff sort of goes to the to the side, right. So well said. Well Herbie I mean we. We left you out about the whole conversation I deserving. Herbie. You back sitting back watching you guys, I mean. Obviously there's such a such a great relationship that the two of you have and you could. You could feel it I know everybody around I can feel it, too. So it was just great washing you to go back and forth so thanks for letting me just hang out on this side. Thank you. Well well Jerry thanks for coming in man. I really appreciate it. I really respect everything that you stand for and everything that you're doing it and hopefully you get to come back again and come back. Invite me again sometime out. We'll see day, Siri. Cash Jerry. How'd you beat on the mile? I know man I can't believe it. I can't believe he won me with the Lufthansa, not only like a little bit here a couple hundred thousand miles he had to, he had he had those hidden. He had hit him but man. It's so great. Listen Jerry just being authentic, being real talking about his experiences, and really talking about what's so relevant today. Yeah, it was so great hearing you guys connect can you can tell that you've been? You've been friends, and and for years, and he such a mentor of Yours. So cash from your conversation with Jerry. What was the one big thing? You know I think. The the anthem is at. We're all more similar than we are different and It's something that I've always believed in my core something that I really learned and and saw with my own eyes when I was traveling the world with proctor and gamble. That's how somebody came to life. No matter what corner of the World I was in. And that opportunity to travel. And see and meet all these different people from all these different cultures is what enabled me an educated me. To understand that you know, and and when I think about what's going on today in the world. Where people still have their the the the bias, they still have their their their prejudice, their preconceived notions, their misconceptions about others. It's often because they haven't seen enough. They haven't had the chance or the opportunity to understand more about people from different places, and not everybody gets that opportunity to I feel very blessed. Not Everybody gets an opportunity to travel the world, but. What I always say. If you can't go across the world, go cross country. Right and if you can't go across the country, go across the state. If you can't go across the state. Go to a different part of your city if you can't go to different part of your city, go to a new part of your neighborhood that you never been before and if you can't do that, then walk down to the edge of your driveway and sit there and experienced things from a different perspective. Because that's the only way. You start to understand people who are unlike you. That's the only way that in the process. You learn that we're all more similar than we are different. It's so powerful cash. Thank you, thanks man, and thank you for listening to the be somebody podcast. Be sure to check out all of our episodes on somebody, dot, com, or listening. Subscribe on Apple. PODCASTS spotify wherever you get yours, we out you..
"procter gamble" Discussed on The Besomebody Podcast
"Japan completely different culture in a very very grateful time and While I was actually setting up that asia-pacific group. Was Accused of being Cecil, fielder at the time Oh. Yes. I remember sitting at this. Here at at this locale, their this beer garden and I remember this 'cause. Cecil Talk. No. Good conversation I remember being in Manila. One of the Baron guys writes out of the city and going in and some of them, and and I was tall now shooting basketball, and there was little hoop, and then they were like Kobe Bryant Kobe Bryant. Shaq AC-, but but when I played. In the NBA? Play up along you. Honest about. Downplay on the traveling team. But the vibe you always get in in the Philippines me. It's a feeling of love man. Everyone's so so embracing when you get there so I always enjoyed my visits and the work of the Philippines. The people people just agree heart and you know and. So it was a good time. No, you recounting your journey being really so young in your career and being able to to travel the world you know that that such a huge opportunity, and that's the reason I went to procter gamble WanNa have a chance to work for a multinational company Global Company and get a chance to see the world they it took me eight years of campaigning before they finally gave me a developing market job, but and Quicker. Five years. But I I I really for me. I was very blessed and grateful to be working in low income markets because I worked in some as you know some of the poorest. In the world in the poorest communities, the Avella's in Rio, debarring guys. Argentina some different places? Yeah, and I think the thing though that was common is. Books are wanting wanted their kids to look the best right. The school uniform on the best products, really because that was the pride and joy, and and that's just sort of the that that translates across the globe. You want the best for your kids and your family, and how you take care of them, and so even in those those contracts up. Up You know that was a key need that was a source of pride that was taking care and showing the love for your family and and so it's great that we had brands and products that could be there and really meet their needs where the consumers at and so that's been the journey, and the joy of being P.. PNG of really. Really, bringing the life that that purpose you know times we get in the conversation. You just make consumer goods, but. When you really see how it intersects and inner plays in the life of the consumer really does elevate just a the quality, the quality of the day, and and what it really means to take care of your family, and so so it's great so from that standpoint I've really enjoyed the time the thirty three years of PSG the. To live in Japan and in Germany for for five years, and I wanNA talk to you about Germany, but just thinking about what we talked about with the Philippines and he's long CA markets I remember, and I know obviously we know, but maybe people don't know. We work together on the brand. Herbie Jerry and and in the Philippines. Poland that time to write off for the one of the big global leads you. Can't share. Right now. I'm on my mother's. But in the Philippines was so interesting. You know one of the big consumer insights that I learned was that for a lot of the low income consumers. When they wash clothes, they use the bar and extra. Yup, they would. They would go to the well to get water. the moms they come, and they would scrub the clothes, and what was interesting whether you're in the Philippines and Mexico, you're in the Middle East. As you mentioned. The the the bright white school uniform was a a a symbol of passion and pride in love and caring for your child. If you could send them to school with that perfectly clean uniform because they didn't have much to to share and show that that loved these people didn't have a lot of money didn't have a lot of things. Alice thought that was so powerful just like that was their way to show them. Exactly I. Mean It really elevating. The kids in the total family and and You know just really taking pride in what they had to make the most of it and live the day, and so yeah, so it like I, said it really taught me a lot. Also just about the human condition, and just that we're all human sorta striving to live our best in the world, and along the way you get to meet a lot of people, and so like you I'm an extrovert, but I don't know that my Rolodex has as many names and yours. But Yeah, you meet folks along the way that really sort of touch you, their stories, and so I always enjoyed that part in that aspect of travel is okay, so you know who am I going to run into today to Sorta? Learn a little bit about that. I didn't know and that was the. That's also an exciting piece That's really what started. Be Somebody to be honest I when I was traveling. That's when I started to to learn that base concept. That really is more important today than ever, which is world more similar than we are different definitely. In, and whether no matter your income status, share your race, your background culture, you like man, we all laugh and smile and cry at the same things and the same conversations you'd walk into literally somewhere in the Middle East where you never thought you'd have commonality new, and you'd have like man we we're kind of we. We're on the same. What exactly you could find something you. Can you know whether it could be sports? What Food July whatever? And have a conversation and a lot of times. I would find. Folks just want to get to know who you are especially if You know the guy like myself travelling in, you know how many home runs Cecil. How many? Or in the Philippines, go up to. At the Manila hotel ever remember saw. I was at the Manila Manila was the place that macarthur sort of came into to announce. You should return after head out. It's a it's a very. old and historic place, but everything's all in white, so I remember. Very funny. I remember the guy at the door. And he and they call your taxi. We need a taxi over you need. A taxi needed taxis very proper. This white uniform on. Looks over. We need to one the lodge. Older. His brother. So much. In the Philippines and really. Enjoyed it but I could tell you stories really just about every every place that I've travel. My wife still reminds me of the time we lost by Sun Morongo. There are there are lots of memories that we had during that timeframe. She's like wait a second.
"procter gamble" Discussed on The Besomebody Podcast
"About How how the pandemic has affected his personal travels business travel, and again you know as an African American leader at a large public company eighty billion dollar company. How does he feel about everything that's going on in the world today, so it's going to be great conversation that. That I'm so so pumped. Have Jerry here in the studio? Awesome cash on super excited. Let's bring him on. Let's welcome a leader who graduated from Vanderbilt. University with a bachelor's degree in chemical engineering, he started his career as an engineer at proctor and gamble in nineteen, eighty seven, and went onto have numerous director and VP roles now after thirty three years. He's the vice president of Aren t global fabric care at pg from Cincinnati Ohio please welcome Jerry. We Joe you're in studio, you only our second guest ever in Studio Hey man. I mean I, mean and and Herbie. We've got Herbie here. It's his second second episode, Right Kirby Second Episode until I, said her. We got VIP coming in like stay as far away as possible. We don't want you to interrupt the flow here. We may forget you're over there. Herbie southern. Don't Mind Migas? Try to pipe in if you need to, but otherwise it's kind of like. Let Me Jerry. Do we got over here if you need anything? But Jerry van. Thank you so much for being here. Hey, man is great to be here great to actually come in and see what you do, man, and like said I've been so proud of the work and. It's been really fortunate. I had a chance to sort of mentor. Support you during the during these years and like I, said the whole be be somebody franchise and the work you've done is just been i. mean it's been hard lifting, and and really glad to be able to participate and. Hopefully. Drop some knowledge tonight with you, my man we'll. We gotta get into your whole background and everything, but I gotTa tell the team here and everybody listened that I remember when I was doing travels would be somebody and we were going around painting murals and we were going on speaking schools. Pointing them out, it's like. You know. On seventy five coming in downtown, Cincinnati and I remember I had a happy hour here's. Invited some folks and only. Lets. You shows up only a few people. A couple of people approximately gamble came and UK actually Jordan. Alex Fishman came in the room here in the studio came out. Man I'm. Always remember that and I always appreciated those little things. You do to support the journey. Man Well. Listen I mean I said I mean you're the writing your thoughts. The whole program was so inspiring what you're trying to do and so yeah I wanted to come out and support, and then you know you're. You're great. Bursts have been. That's why we've been. been connected all these years all this year. So I'm excited to be here to have this chat with you. We'll man, but how many miles do you? Tell me. I really WANNA. Know this about is via one airliner multiple. Criteria I have three point one million miles on Delta. Three. Delta Jerry. Got Me beat on Delta. Guy. But I have a half a million onless DON's. Hundred Thousand Unite Oh man, you know so I made up. His Work Lord. Of Royalty. Exactly you gotta come in with the German airline. Good. Exactly guten out. Jeremy now we actually cures in the room today for the first time. Kiernan I actually went to Berlin. A few. Few months ago right. Charlie's you guys make it. We make a point Charlie we. We saw a lot of the sites there. We were working with one of our partners international partners there, but you know. That was such an awesome experience. Think for for our team in and and Karen. Who's our had a culture here at be somebody we were talking, and he's a former procter and gamble. employees well. We were talking about how. It was for us to experience the opportunity to see the world with P. and G. No, I said. I mean that has been. You know who would have thought Country, boys I like to say for these stood. AC- would have had the experiences that I've had and all the different countries and locales grew up in east. Tennessee, always had an interest in science and mathematics winter a great school. There was a public school that even today really strives on excellence and and keep in contact with a lot of the teachers there today. Miss Keeble. WHO's? A math and Dr for Ferguson on English. But yeah I mean. It was a great foundation and then from there and went to school eventual. In engineering, and like I said it, wasn't he magical decision on how to pick engineering. I went to the library looked into book, and said okay, I like science I like I like math was going to give me a job as well. Engineering right right right right so that set it and like I said it's been I've really enjoyed it. Too, Jerry and then I looked at like the engineering coursework and I'm like you know stick to communication. Let me. They try to persuade you to drop out. Is this really what you want? Those labs, but then from there. I was able to get in with procter gamble in a summer intern, and started working a memphis in his division, called Book Guy Salas pulp and paper work traveling down to southern Florida in the panhandle. And then had numerous assignments from there. I decide to a gig where I was actually doing work in Asia Pacific, from the US. Called International Technology Coordination so I was would work a month or so in the US, and then I'd be gone for you know three to four weeks and I was in the Middle India Mana deep doing at the facility. They're doing agglomerate trials, or or in the Philippines Manila work with the business there or in Japan, and then that really led to the first here's where I lived out of the country, lived in Japan only about a year, but based in.
"procter gamble" Discussed on KTOK
"Was a wonderful guy somebody from Kroger came up to me somebody from Procter gamble came up to me somebody came up to me who was an assistant coach on the baseball team and told me about how what a great guy but bill Cunningham was and you know I always took it and I never I said well that's interesting to you but then another event took place a few years later would have been about two thousand to two thousand three an older man came up to me and said can I talk to you for a few minutes I said sure set out as a customer he said I really knew your dad I said you did he said yeah I did the insurance work with them and I put together some early baseball teams with them in Cincinnati and he was a great guy and when he left Illinois he would call me every now and then to ask how are you doing what's it what's going on what's what's Billy doing is he married does he have kids how's that radio career of his all that stuff and so you know and he said but one thing he wanted me to tell you and I said well what what is it and I still have a little bit of a hard **** attitude at that point and he said he wanted to tell you if he could that he is very sorry about what he did to Maryland into the Turkish kids I said I better yes I any said did did you know why he wanted to talk with you and I said well I I assume you want to say goodbye said yeah he did what you see he was a United States marine in the South Pacific during the war and in forty four and forty five he was in groups that want the glottal canal and it would G. M. and he said he saw things and he did things that were awful and terrible specially E. Y. he said it was in February March in nineteen forty five and it one on many of his friends were killed the torturing at night when American soldiers in caves would yell out to come save them and he was there and when he came back from the war that that he couldn't handle the memories of what happened and like so many other G. I.'s he got lost in the bottle it became a raging alcoholic and he felt so guilty for what he had done to your mother and two of the brothers and sisters that the it would have been great if you would have seen him I felt about as tall as a the width of a dime I said are you telling me that he wanted to see me so apologized to me and to say that he's sorry he said I'm sure that would have happened but you didn't go to jail I said no I didn't go I I just my my young manly sense of pride would not allow me to do that listening tonight across America I would say there's thousands and thousands of sons and daughters that are alienated from your dad father's day tonight is largely done but to Mars and another day don't do what I did and that is when a father who had done you wrong seriously wrong reached out in the living years and wanted to meet with you and failed to make because I I will go to my grave with the idea of saying what would have occurred if I would've met my dad what would have happened and I do not know I do not know what would happen I know I have my Christian beliefs tell me I would have had to have accepted his apology and I probably I would have traveled from Toledo I was in law school at the time to Illinois and back without the idea that I was going to accept his apology and hear what he had to say in memories I'd I can still picture my dad throwing me baseballs and basketballs and loving me as much as he could and I felt small because he sacrificed so much for our nation and when he came back and burdened by what he had gone through what he had done what he had heard that he got it lost in the bottle never got out so I would say tonight before I go off the air tonight on father's day night if you're in a similar position than I wants him do not do what I did and that is that when a father reaches out for the sins and maybe crimes he committed against you listen to what he has to say during the living years don't do now what I did and reach out tomorrow if you're if he's reached out to you reach back and he hasn't reached out make that extra effort to make it happen and by doing so you may left be left for the idea that I did all that I could do and I could do no more I let's continue bill Cunningham with you every Sunday night.
Procter & Gamble Posts Biggest U.S. Sales Gain in Decades
"Tesco consumer products giant Procter and gamble reported its biggest U. S. sales increase in decades as we stock up on household mainstays from laundry detergent to cough medicine increased the and in the U. S. more than offset steep declines in China P. and G. is the first maker of household staples to report financial results for the start of twenty twenty its shares are marginally higher
Retirement Investments for a Steady Stream of Income
"What are some good investment strategies that we use for retirement income and their several of them search the list list let's go down the list and since the market so crazy this week let's talk about dividend stocks we use them a lot yeah I the thing is how do you possibly maintain your picture if you don't have something creating the withdrawals that you're taking and and that's the danger in not planning to use income producing things I'm not saying you should all be that but the dividend stocks can be critical because let's let's say you've got a million dollar portfolio new create four percent of dividends well me that's forty thousand a year just dividends you're not including capital gains by liquidating some things along the way so you would want something doing dividends and that's what we recommend in your portfolio you almost need to ask it's crucial to me and if you're one of these people that you know just cuddles up and next FDIC insurance and you're terrified of everything to do with the market we talked earlier about how low rates are ten years at all time low well you know that's gonna affect CD rates in money market rates and all that kind of stuff you'd be lucky to pull one and a half percent off a CD so where you gonna we're you gonna find that gap or you gonna start touching your principal is your drawing money down that I mean that that's just you're watching your nest egg get lower and lower and lower with every withdrawal you make and that's a scary thought so one is absolutely right it's nice to build into your plans something that's kicking off more income than you know the typical safe investments like CD's and even bonds nowadays yeah and there are companies wall street's call into kind of a cool name dividend aristocrat these are companies that have increased their demand for a minimum of twenty five consecutive years and and there's you know companies on there like AT and T. and Exxon you know I mean there are some good companies on there and in other words the they can't guarantee it evident in the future but they're reliable dividend plan payers and increasing Procter gamble I thinks up to like sixty five straight years so so when when things like Exxon and oil and gas sales go down which they've gone down dramatically recently remember those dividend payers and you know what I'll just bring in another point one of the privileges we have a meeting radio listeners as we some of them have advisors and the we see this in a more typically than we ever have the adviser has all mutual funds are all ETF science not emphasizing dividend but emphasizing growth now growth recently in recent years has been really good until this week anyway but there's not much not a lot of dividend paying so so anyway we believe an individual high dividend stocks says one source of cash flow yes Sir yeah and you know Warren Buffett said it best to me he says if you're buying a business and that's what stocks are you going to own the business for ten or twenty years and so and then he says the real question is has the ten year or twenty year outlook for American businesses changed in the last twenty four hours good question if you buy dividend aristocrat you're buying a dividend aristocrat for that purpose you'll probably hold it for years yeah yeah yeah yeah one thing to consider is when stock prices go down dividends are fixed we got a company that's worth a hundred dollars a share on the market four weeks ago and is paying a five dollar dividend span a five percent dividend if that company gets cut in half does down to fifty dollars a share it's still paying that five dollar dividend but now the dividend yield the percentage yield has gone up from five percent to ten percent so a lot of people don't realize that and then I found that for meeting with radio listeners that that percentage that the that the income equates to that fluctuates but the actual dividend itself that's a fixed and stated dividend that's going to continue on so it's important to look at that and those yields with stock prices compressing have gone up so it might make sense to you know seriously consider adding some exposure to this the side of the market
Always to drop female symbol from packaging to be more inclusive
"This is like for some people the point if they had already reached it where they're saying you what is this always always yeah they have the female sanitary products so sure have seen in the stores okay you know they have the female symbol on those they're going to take those off of the packages maybe like a male symbol right I I'm gonna get rid of it right yeah that's a little odd not to trans users transvestite as the story says the decision follows calls by transgender advocates who say the company was alienating trans gender non conforming customers people who identify as male that are female but don't they're still have female plumbing is that correct well I want to offend them is that what we're doing here you may just go through parts of the story I just I'm trying now I think a lot of people are like this is just what what's going on how would I know or somebody's gonna boycotted the we're gonna lose business so we got to do exactly what they say you just can't have it so yeah okay we'll take the symbol off so they're gonna remove the Venus symbol you know that listen it's an NBC story this one is from its menstruation products thank you Jim would you rather do would you rather say that a tampon one a man uses death an option what's wrong with you can handle I just of within tampon I suppose let's just go with him following calls by transgender advocates who say it's parent Procter gamble was alienating again transcend gender non conforming customers by not acknowledging that they can they too can experience ministration okay all right hence twice did someone from this is treated over the summer can someone from always tell me why it's imperative that the female symbol on their sanitary products there are non binary entrance folks who still need to use your products to you know right so man the company is stable J. for over thirty five years we've champion girls and women and we will continue to do so we're also committed to diversity and inclusion area and on a continual journey to understand the needs of all of our consumers they just have like I kind of our little was little cartoon things with the guy shrugged his shoulders on the cover thank you yeah whatever whatever and so there are you know some people like this physician in psychiatry at Harvard Medical School says this is a great move but again it's out of touch with so many Americans that are just like enough my gosh this is finally let me out man yes and we are at the point where if you do have that reaction your transphobic that's just where we are
Boeing, Cisco And Dow discussed on Bloomberg Businessweek
"You said stocks having a choppy session today douse currently up eighty seven points SB's gain seven all the nasdaq is lower by three he was ten you'll falls to one point five three percent did drop below one point five percent for the first time since twenty sixteen while small caps are down two points seven of the main eleven as we sectors are still trading higher led by gains in consumer staples real estate and utilities energy and industrials led to the downside that's a by techs are little change transports fall ninety seven semis are up a point to the Vicks is down by four percent leaders to the upside in the Dow Walmart Boeing and Procter gamble well Cisco plunged eight point nine percent after earnings and led to the
"procter gamble" Discussed on Stansberry Investor Hour
"The supplier sells directly to their customers through Amazon and Amazon is saying, well what we're gonna do is we're going to purge and the sources for this article say, basically vendors who are selling less than ten million in products each year. Will no longer get wholesale odors from Amazon. And they weren't real specific on categories of products. But you see when Amazon is doing right. They're trying to consolidate they're trying to cut costs and they're trying to get rid of, basically, these small suppliers that they don't need and it gets rid of their inventory to. So they're not buying, you know, ten million or less than all these little products. And keeping all these little piddly ass inventories of probably build up to a significant number, and that way, you know, then they'll just get a slice of whatever those folks can sell, and I imagine, it'll be less. So, so, basically the point in this article, I think is correct. Lots of little mom and pop suppliers from him on are gonna get hurt because who's ever heard of you? Right. You're selling to Amazon, you get this big orders, and who's ever heard of you? If you have to go direct to the customer through. Through Amazon, and so people like, you know, Procter gamble won't be affected. You know, LEGO. The toy company won't be affected, but lots of little businesses will. I just thought that was an interesting article because I see a lot of stuff about people wanting to break up Amazon because they've you it as having monopoly power and these kind of things are what attracts that attention. And so they're going to keep the Amazon, and even other other these big new tech companies Facebook and Google in the ad market. You know, they're going to they're going to exercise pricing power and, and other kinds of power in the market, and they're going to attract the wrong kind of attention, and, and who knows this might be like, you know, standard oil part to where people say it's time to break them up, so I'm not sure how that would be for investors. I think, you know, certain parts of Amazon like Amazon AWS webs, or probably phenomenal business. You know, but maybe the retail is, maybe the retail is struggling if they're if they're having to do things like this, or maybe they're just being smart. I guess we'd find out if they. You know, if they split up became a separate company. Okay. It's time for our interview with Mark Eusko. I'm so excited to have this guy on the show. This is going to be a really good talk. I promise..
"procter gamble" Discussed on WSB-AM
"Arguments why and i'm going to go through a couple of does but it wasn't mean argument that we're going to focus on today so of course you can always say that they got over valued at some point too pricey for earnings they were producing and we always talk here about how valuations matter and they always matter when it comes aquifers and there was a point where arguably you were paying too many times ahead of too many multiples of what procter gamble is really earning and now the stock is much lower you're paying less of a multiple of those earnings you could say well it's because interest rates are going up why own proctor and gamble west because it paid me three and a quarter percent every year three and a half percent kind of like a bond proxy certainly nothing like a bond in terms of risk because there's certainly a lot more risk associated with equities but hey i owned it because it had a really nice dividend or has a really nice dividend well of interest rates go up some of these dividend paying companies get a little bit less attractive on a relative basis so hey interest rates are going up well less and less folks when owned companies like this because you can get a dividend or an interest payment somewhere else for less risk as as rates go up but the biggest clout the biggest clout over all these companies has been and you guessed it the amazon impact or the amazon effect and not just from the company amazon but from competition from all the tiny but really are yet really powerful startup companies that actually can compete with these giant these giant institutions they don't compete on a large scale but they may compete with one product line and make a great impact on that particular product line or maybe against two product lines on these big companies think about razors we're gonna talk about some of that as money matter goes on today so with that we get minds open we'll take phone calls today answer your questions the best part about money matters four zero four eight seven two zero seven fifty and return when we return continues conversation why consumer staples have gotten hit so far so hard when moneymatters returns twenty four.
"procter gamble" Discussed on Pat Gray Unleashed
"You know even procter gamble proctor and gamble is fighting back against this thank goodness they're out role in over for this nonsense because this is so stupid as to not even deserve a response from these new york's assemblyman but if you don't respond they're going to do it a warning level will will fix this you know that it's going to visit right right it's going to make it even more tempting to do the dumb internet challenge would it says don't do it procter and gamble responded in a statement by pointing out studies that have shown colorful packaging doesn't increase the risk of child ingestion of these dangerous products they also said through a spokesman that requiring an additional layer of plastic wrapping around the pods would have detrimental environmental effects oh well in their point procter gamble it would also create another possible ingestion hazard for children their statement also noted consumers also have a choice those get this here's how evil and mean mean and hateful this company is your radio finally customers have a choice those who prefer singlecoloured packs can use tied free in gentle which is all white oh okay thank you for the all white packaging your racist zero there you have it tight is also available they say in a liquid and powder product form so you could get it the old fashioned way were you just got a dump the powder in their wait a minute what am i worked that way too what if i have a hanker in for some illicit drugs and in the accidentally snorting that the powder the tide i mean that's you're gonna have to have a warning label is not an illicit drug please don't snore crack okay on january twenty second the company also posted a statement to its corporate blog which pled for people to stop eating type pods this is unbelievable to me unbelievable and they noted ensuring the safety of the people who use our products is fundamental to everything we do at png however even those stringent standards and protocols labels and warnings can't prevent intentional abuse fueled by poor judgment and the desire for popularity great response by proctor and gamble and i liked that company but that that i just that just gave me a certain amount of respect for procter gamble that's great yes inyerface.
"procter gamble" Discussed on WCHS
"I'll be able to tell them very quickly there's no way on this planet to that will work or i'll be able to tell him yes that's the real deal they we can't possibly not talk about china he talked about an eight hundred pound gorilla new not lay china is the possibilty beyond all of our possible grades it could really happen in the reason it could probably happen is turn things in these are trump guards we have in or trump card president trump genuinely wants to trade imbalance with china to change and president trump has put his first step votes four to say a big part of that change is going to happen in west virginia and i'll promise you president trump and our friends and president trump doesn't want me call him say dogle why isn't happening in a do i believe that there's going to be eighty three billion dollars come rolling in west virginia it could very well happen but i can't comprehend eighty three billion dollars and i've traded in a great big arena but imagine procter gamble is five hundred million if one billion comes it's to proper gamble points imagine the magnitude of what we're talking about here it's unbelievable in the petrochemical business in the natural gas hub it is unbelievable and were on something in were working it and you should be very proud of our commerce people our relationship with president trump on this issue in all the goodness that everybody's foot in the lixin trying to do so please give them around him falls because it is a big.
"procter gamble" Discussed on WTMA
"Your family dynamics can be solved with a good balanced approach in that's our solution to retirement retirees portfolios and what is a balanced portfolio look like in what does it mean well we believe that retirees ought to have a portion of their money in things that are principle protected in cannot lose money based on a stock market correction k you ought to have some of your money in things that cannot lose that way when the market south you've got a chunk of money that you can lean into because the last thing you want to do when the market crashes is start taking money out of your stock portfolio because what you're doing there is what we call reverse dollarcost averaging when you take money out of a depleted account it is a compound in lean negative effect on your portfolio so a portion of your money or to be in things that are principal protected another portion of your money or to be in stocks that pay good dividends right because of retiree a dividend is your life blood you need to invest in companies that pay you their profits and those are called dividends so you need a portion of your money and things that pay good dividends but on top of that cause even companies like procter gamble and johnson johnson they could drop ten twenty percent in a bad year so on top of owning good dividend producing stocks you should have a mechanism in place that if the market starts crashing boom there is a trigger that's going to get you the heck out of harm's way in his that trigger going to be perfect is it at a time it magnificently no put it's going to stop the bleeding job because when the market starts crashing you ought to have a portion of your money in something can be a little more dynamic than the broker colony up going hang in there the market always those up over time let's not a and you're peeing someone zhang in their the market always goes up over time you think they're they're they're price to entry us uh uh when you.