The Latest Breaking News from Procter &Gamble

P&G shares initially fell after the consumer-products stalwart reported earnings. Now the bulls are trying to bid it higher. Here's how to trade it now.

“We delivered solid results in the second quarter of fiscal year 2023 in what continues to be a very difficult cost and operating environment,” said CEO Jon Moeller.

Stock futures lower as Fed hawks, recession worries weigh; Housing starts in focus as mortgage rates extend slide; Procter & Gamble earnings on deck with price hikes in focus; American Airlines looks to follow rival carriers with solid Q4 earnings and Bed Bath & Beyond edges higher despite renewed bankruptcy…

The company reiterates its two-year mandate for recently returned CEO as it faces proxy fight with activist investor Nelson Peltz.

‘You’re supposed to represent us, not demoralise us,’ wrote one Twitter user

Someone with a lot of money to spend has taken a bullish stance on Procter & Gamble (NYSE:PG). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Procter & Gamble beat on earnings and revenue, but trimmed its full-year outlook. Here's the key level it has to hold now.

“These results enable us to maintain our guidance ranges for organic sales and EPS growth for the fiscal year despite continued significant headwinds," said CEO Jon Moeller.

This earnings iron condor trade on PG stock has the potential to return 43% if the stock stays within the expected range.

The Trump administration briefly liberalized dishwasher standards, but the Biden administration quickly reimposed the old rules.

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