Colgate-palmolive Co (CL) Financial News - Icahn Can’t Claim Clorox Without Adding $600M
Colgate-palmolive Co (CL)
Icahn Can’t Claim Clorox Without Adding $600M
2011-07-29 01:33:19
Quote: (PG)Unilever
NV (UNA)Colgate-Palmolive Co. (CL)Reckitt Benckiser Group Plc (RB/)Kimberly-Clark Corp. (KMB) or Henkel AG.
everything from Formula 409 kitchen cleaner to
Hidden Valley Ranch salad dressing, its namesake bleach and
Burt’s Bees lip balm.
Clorox gets about 80 percent of revenue in the U.S., while
competitors are trying to boost sales in faster-growing emerging
markets, said Rob Plaza, an analyst at the private-banking unit
of KeyCorp in Cleveland, which oversees $22 billion.
‘He’s a Master’
Matt McCormick, a money manager at Cincinnati-based
Bahl & Gaynor Inc., said in a phone interview. His firm oversees
$4 billion.
Carol Massar and Matt Miller.â€
“He’s a master at this,†McCormick said. Still, “you
have a real chance that Icahn will be forced to put up more or
go away,†he said.
New Yorktlachapelle@bloomberg.netrnazareth@bloomberg.netkhaunss@bloomberg.net.
ksnyder@bloomberg.netfkhan33@bloomberg.net. ...
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Colgate-palmolive Co Stock Summary
Colgate-Palmolive Company, together with its subsidiaries, manufactures and markets consumer products worldwide. It offers oral care products, including toothpaste, toothbrushes, and mouth rinses, as well as dental floss and pharmaceutical products for dentists and other oral health professionals; personal care products, such as liquid hand soap, shower gels, bar soaps, deodorants, antiperspirants, shampoos, and conditioners; and home care products comprising laundry and dishwashing detergents, fabric conditioners, household cleaners, bleaches, dishwashing liquids, and oil soaps. The company offers its oral, personal, and home care products under the Colgate Total, Colgate Max Fresh, Colgate 360°, Colgate, Colgate Plax, Palmolive, Softsoap, Irish Spring, Protex, Speed Stick, Lady Speed Stick, Caprice, Ajax, Fabuloso, Murphy?s, Suavitel, Soupline, Mennen, Sorriso, Kolynos, Elmex, Tom?s of Maine, and Axion brand names to wholesale and retail distributors. It also provides pet nutrition products for dogs and cats. The company markets its pet foods through pet supply retailers and veterinarians for everyday nutritional needs under the Hill?s Science Diet brand name; and a range of therapeutic products through veterinarians and pet supply retailers to manage disease conditions in dogs and cats under the Hill?s Prescription Diet brand name. The company was founded in 1806 and is headquartered in New York, New York.
