Nelson Peltz

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Procter & Gamble’s net sales rose 2.6 per cent to $16.50 billion in the fiscal fourth quarter. Analysts had forecast sales of $16.54 billion. Photograph: Brendan McDermid/Reuters

Procter & Gamble’s fiscal fourth-quarter sales fell below Wall Street estimates on Tuesday, hurt by lower pricing and weak demand at its units tha(...)

Martin Sorrell, former CEO of WPP

Martin Sorrell’s driver had worked for the WPP chief executive for 15 years, ferrying the ad land king around London in a Range Rover. Last autumn his(...)

Procter & Gamble, the maker of Kleenex and Huggies, said on Tuesday that it was slashing as much as 13 per cent of its workforce in an attempt to cut manufacturing costs.  Photograph: Bloomberg

Procter and Gamble delivered a message to activist investor and freshly minted board member Nelson Peltz: Things aren’t that bad. The company report(...)

Irene Rosenfeld, chief executive of Mondelez International, who is retiring.Photograph: Matthew Avignone/The New York Times

Irene Rosenfeld, the chief executive of the snack food maker Mondelez International, wandered through an ocean of processed foods one day recently, a(...)

Procter & Gamble reported higher sales of beauty and homecare products in its fiscal first quarter but another weak performance in its grooming business. Photograph: Rick Wilking/Reuters

Consumer goods giant Procter & Gamble, which recently declared victory against hedge-fund manager Nelson Peltz’s attempt to muscle his way onto th(...)

Shares in the world’s biggest luxury group, LVMH, rose 2.3 per cent after it beat sales and revenue forecasts in its third quarter

uropean bourses ended the day slightly lower on Tuesday as investors braced themselves ahead of a possible unilateral declaration of independence at t(...)

 Bottles of Procter and Gamble’s Tide laundry detergent.  P&G declared victory in a bid to keep  investor Nelson Peltz off its board. Photograph: Andrew Kelly/Reuters

Procter and Gamble declared victory in a bid to keep billionaire investor Nelson Peltz off its board, even as the activist’s hedge fund said the vote (...)

Monday’s surprise move comes one day before shareholders at consumer products company Procter & Gamble will decide whether to elect Trian chief executive Nelson Peltz to its board. Photograph: David W Cerny/Reuters

US industrial conglomerate General Electric, which major shareholder Trian Fund Management has been pressuring to conduct a more thorough restructurin(...)

Cadbury owner Mondelez reported second-quarter revenue that scraped past estimates and raised its dividend. Photograph: Thomas White / Reuters

Cadbury’s owner Mondelez International has appointed Dirk Van de Put, the chief executive of Canadian frozen foods maker McCain Foods, to take over th(...)

Billionaire activist investor Nelson Peltz is seeking a board seat at Procter & Gamble, the company behind Gillette, Ariel and Fairy Liquid.  Photograph:  Justin Sullivan/Getty Images

Billionaire investor Nelson Peltz disclosed on Monday that he was seeking a board seat at Procter & Gamble, setting up one of the biggest showdown(...)

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