ADVFN - Advanced Financial Network.
HOME» NYSE » P » PG Stock Price » PG Stock News

Procter Gamble Share News

 Procter & Gamble Co. Stock Price
PG Stock Price
 Procter & Gamble Co. Stock Chart
PG Stock Chart
 Procter & Gamble Co. Stock News
PG Stock News
 Procter & Gamble Co. Company Information
PG Company Information
 Procter & Gamble Co. Stock Trades
PG Stock Trades

Warren Buffett: Wal-Mart View Unchanged, May Have Overpaid For ConocoPhillips -CNBC

DOW JONES NEWSWIRES Warren Buffett said recent reports of a bribery scandal at Wal-Mart Stores Inc.'s (WMT) Mexico operations haven't altered his view of investing in the retailer, he told CNBC in an interview. Buffett said that he has always held that in general, someone at larger corporations is always doing something wrong, and that the company's job is to get the issue corrected. Berkshire Hathaway Inc. (BRKA, BRKB) held a 1.1% Wal-Mart stake as of Dec. 31. Buffett, in an extended interview, touched on a host of topics, including a mention stemming from the disclosure over the weekend that Berkshire Hathaway Inc. (BRKA, BRKA) had come close to a $22 billion acquisition. Buffett again declined to identify the target, but told CNBC that he could not rule out the possibility of revisiting the transaction. Buffett said the two companies could not agree on terms. As for Berkshire, Buffett said most companies continue on a slow pace of improvement. Buffett, asked if he was satisfied with Berkshire's investment in Procter & Gamble Co. (PG), was more coy, saying that the company has had some pricing issues but then adding that Berkshire remains a long-term holder of the stock. Asked if he might consider selling the stock, Buffett said it was "weaselly" of him, but he would only be willing to reiterate that he is a long-term holder. Buffett was critical of himself, too. His investment in ConocoPhillips (COP) was a mistake, he said, adding that he may have overpaid for the stock. Asked if he is concerned about the performance of Berkshire stock, Buffett brushed that aside, saying that stocks in general always will go through periods of being over-priced and under-priced. Stocks in general, he said, are still the most attractive buy for U.S. investors. The U.S. dollar, he reiterated, is a better investment than other currencies. Buffett also repeated comments from the weekend that he has not suffered from any symptoms of his prostate cancer and that it hasn't caused any change in his life. Buffett, asked for his reaction to weekend elections in Europe, said results will not affect Berkshire's decisions. He said the euro zone faces "really tough problems" but will resolve them over time. The U.S., he added, is on a different path after having addressed problems in the domestic banking system. Those same problems in Europe, he said, have yet to be resolved. On the political front, of presumed Republican presidential nominee Mitt Romney, Buffett said he had "no fault" with him as a business person. Full story at: www.cnbc.com/id/47319354 -Dow Jones Newswires; 212-416-2900

Stock News for Procter Gamble (PG)
DateTimeHeadline
04/25/201519:09:02Socially Responsible Stocks for a Stock Market Crash
04/24/201518:47:34Prospectus Filed Pursuant to Rule 424(b)(5) (424b5)
04/24/201515:21:45Procter & Gamble Co Given a $105.00 Price Target at Credit Suisse...
04/24/201514:07:025 Things Procter & Gamble Co. Wants You to Know
04/24/201510:14:34Procter & Gamble Co PT Lowered to $95.00 (PG)
04/24/201510:00:00Tide and Gain Announce Partnership with Safe Kids Worldwide to...
04/24/201510:00:00Tide and Gain Announce Partnership with Safe Kids Worldwide to...
04/24/201507:00:00P&G Professional⢠Announces Winner of Community Hotelier of t...
04/23/201521:17:20Higher Prices Fail to Salvage Profits
04/23/201516:07:53Quarterly Report (10-q)
04/23/201513:27:32Procter & Gamble Hurt by Strong Dollar -- Update
04/23/201512:57:02Strong Gillette Sales Aren't Enough to Boost Procter & Gamble...
04/23/201512:52:33Procter & Gamble Hurt by Strong Dollar
04/23/201512:50:24MARKET SNAPSHOT: U.S. Stocks: Futures Fall As Investors Await...
04/23/201512:47:14Procter & Gamble Hurt by Strong Dollar
04/23/201512:37:51MARKET SNAPSHOT: U.S. Stocks: Futures Drop Ahead Of Earnings...
04/23/201512:37:49MARKET SNAPSHOT: U.S. Stocks: Futures Slide Ahead Of Earnings...
04/23/201512:29:33MARKET SNAPSHOT: U.S. Stocks: Futures Slide Ahead Of Earnings...
04/23/201512:11:34Stocks: Welcome to the Era of "Capital Recycling"
04/23/201512:09:43Stocks: Welcome to the Era of "Capital Recycling"

Procter Gamble and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad