07:18 AMColgate-Palmolive Company (CL): Q2 EPS of $1.07 beats by $0.02. Revenue of $3.75B (-5.5%) in-line. Gross margin increased 2 points to 58.8%, driven by easing raw and packaging material costs, and continued benefit from higher prices already implemented and its ongoing aggressive savings programs. (PR)
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07:23 AMColgate-Palmolive (CL): Q4 EPS of $1.00 beats by $0.02. Revenue of $3.66B (+0.6%) in-line. "The benefits of recently easing commodity and oil prices should begin to flow through during the first and second quarters of 2009." (PR)
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10:01 AM
Stocks moving on Barron's recommendation: SCHW +1.7%. CL +1.1%. HMC +1.1%.
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Sunday, November 16, 2008
10:30 AM
Shares of Colgate-Palmolive (CL) have tumbled almost 25% over the past month as investors fret its exposure to emerging markets. Barron's says investors are ignoring double-digit earnings growth and a management that knows how to capitalize on the downturn.
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Thursday, October 30, 2008
07:30 AMColgate-Palmolive (CL): Q3 EPS of $0.99 beats by $0.01. Revenue of $3.99B (+13%) in-line. (PR)
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