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Stock impact report

Procter & Gamble's US$1b Gillette Bet And What It Means For PG [Yahoo! Finance]

Procter & Gamble Company (The) (PG) 
Last procter & gamble company (the) earnings: 4/17 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. Procter & Gamble, ticker NYSE:PG, is committing nearly $1b to build a new flagship Gillette headquarters and technical center in Boston. The long term project will combine research, engineering, manufacturing support, and business operations on a single campus. The move concentrates Gillette's talent and facilities in a major U.S. consumer and healthcare hub. For investors watching NYSE:PG, this announcement comes at a time when the stock trades around $150.65 and shows mixed recent returns. Shares are up 6.2% year to date and 31.3% over 5 years, while the past year reflects an 8.8% decline. That combination puts extra focus on how large capital projects like this fit into P&G's long term plans. This kind of multi hundred million dollar commitment can influence how you think about P&G's priorities in product development, brand support, and U.S. manufacturi Show less Read more
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