Around the Net
Pressure Mounts As P&G Prepares To Release Quarterly Sales
- Cincinnati Enquirer, Thursday, April 19, 2018 8:39 AM
P&G is under pressure by a new hedge fund manager, Nelson Peltz, who muscled his way onto the board of directors. The stock is in the $75-$80 range (down nearly 15% in 2018 so far) and senior executives are still talking long-term after a string of mixed quarters. No one is predicting CEO David Taylor will be ousted this spring if P&G results sputter today (April 19), but pressure is mounting for the company to show increased traction.
