P&G Takes "Gamble" Out Of Stock Price, Shares Jump 17% In Third Quarter
This article was originally published in The Rose Sheet
Executive Summary
Procter & Gamble's decision to whittle product categories and redirect business initiatives to core brands illustrates a movement among H&BA diversifieds that appears to be winning credibility with investors.
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Procter & Gamble
Global technology of aculyn 44 and 46 licensed to International Specialty Products for use in hair and skin care products under nine-year agreement announced March 12. Thickening agents are marketed by ISP and produced by Rohm & Haas under their personal care strategic/marketing alliance. ISP gains worldwide distribution rights for use of the P&G technologies across all trade channels, firm says. Technology licensing is part of P&G strategy to increase shareholder value. Procter uses only 10% of its 27,000 technologies created in its $2 bil. R&D department. Additional licensing deals with competitors under consideration, consumer goods firm says. P&G plans to make thousands of technologies available for licensing worldwide (1"The Rose Sheet" Oct. 9, 2000, p. 12)
Procter & Gamble
Global technology of aculyn 44 and 46 licensed to International Specialty Products for use in hair and skin care products under nine-year agreement announced March 12. Thickening agents are marketed by ISP and produced by Rohm & Haas under their personal care strategic/marketing alliance. ISP gains worldwide distribution rights for use of the P&G technologies across all trade channels, firm says. Technology licensing is part of P&G strategy to increase shareholder value. Procter uses only 10% of its 27,000 technologies created in its $2 bil. R&D department. Additional licensing deals with competitors under consideration, consumer goods firm says. P&G plans to make thousands of technologies available for licensing worldwide (1"The Rose Sheet" Oct. 9, 2000, p. 12)
Estee Lauder Bullish On Internet Game - CEO Langhammer
Estee Lauder's ability to build online brand awareness and sell products via the Internet has been enhanced by recent consolidation and liquidation among competing beauty sites, President and CEO Fred Langhammer maintained during an analyst conference call Oct. 24.