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Hedge funds boost P&G holdings to over 4%
eu.usatoday.com
"These guys are lining up and making their bets," said Pete Sorrentino, a portfolio manager with Huntington Asset Advisors in Norwood, Ohio. Ackman caught worldwide attention on July 12 with news he had purchased a 1% stake in P&G. The purchase signaled Ackman's intention to take an activist role in ...
As P&G considers trims, is Duracell disposable?
eu.cincinnati.com
"It's not a strategic fit for P&G – it doesn't create any halo or synergy with their other brands," said Pete Sorrentino, a portfolio manager with Huntington Asset Advisors in Norwood. Divestitures are a proven tool for Lafley. During his previous tenure as P&G's CEO, he sold or spun off most of the company's ...
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