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Colgate-Palmolive Co (CL.N)

CL.N on New York Stock Exchange

74.05USD
15 Dec 2017
Change (% chg)

$0.81 (+1.11%)
Prev Close
$73.24
Open
$74.08
Day's High
$74.65
Day's Low
$73.85
Volume
2,516,173
Avg. Vol
1,040,703
52-wk High
$77.26
52-wk Low
$63.45

Latest Key Developments (Source: Significant Developments)

Soros Fund Management dissolves share stake in Apple, Altice USA, Snap
Wednesday, 15 Nov 2017 

Nov 14 (Reuters) - Soros Fund Management::Dissolves share stake in Altice USA - SEC filing.Takes share stake of 123,787 shares in Alcoa.Dissolves share stake in Apple.Takes share stake of 88,100 shares in Aetna.Takes share stake of 1.1 million Class A shares in Comcast.Takes share stake of 10,300 shares in GE.Dissolves share stake in Snap Inc.Dissolves share stake in T-Mobile.Ups share stake in Colgate Palmolive to 431,500 shares from 140,000 shares.Ups share stake in Time Warner by 70.8 percent to 1.0 million shares.Change in holdings are as of Sept. 30, 2017 and compared with the previous quarter ended as of June 30, 2017​.  Full Article

Colgate-Palmolive files for potential debt shelf offering, size not disclosed
Saturday, 28 Oct 2017 

Oct 27 (Reuters) - Colgate-Palmolive Co ::Colgate-Palmolive Co files for potential debt shelf offering; size not disclosed - SEC filing‍​.  Full Article

Colgate reports Q3 earnings per share of $0.68
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Colgate-palmolive Co :Colgate announces 3rd quarter 2017 results.Q3 earnings per share $0.68.Q3 sales $3.974 billion versus I/B/E/S view $3.94 billion.Q3 earnings per share view $0.73 -- Thomson Reuters I/B/E/S.Q3 earnings per share $0.73 excluding items.Colgate- Palmolive co qtrly ‍ organic sales (net sales excluding impact of foreign exchange, acquisitions and divestments) increased 1.5%​.Colgate-Palmolive co - ‍net income in Q3 2017 included $39 million ($0.05 per diluted share) of aftertax charges​.Colgate-Palmolive - ‍Q3 included $39 million aftertax charges resulting from company's global growth and efficiency program​.Colgate-Palmolive co - ‍North America net sales decreased 0.5% in Q3 2017​.Colgate-Palmolive co - ‍ on Oct 26, board approved an expansion of global growth and efficiency program, extension of program through December 31, 2019​.Colgate-Palmolive co - ‍latin America net sales increased 6.5% in Q3 2017​.Colgate-Palmolive co - ‍aftertax charges for 2017 are now estimated to be $250 million to $280 million​.Colgate-Palmolive - sees cumulative aftertax charges related to global growth, efficiency program, once projects implemented of $1,280 million - $1,380 million​.Colgate-Palmolive - ‍cumulative aftertax savings projected to increase to $500 million to $575 million annually, once all projects are implemented​.  Full Article

Colgate-Palmolive CEO recently signaled he would be open to selling co- NY Post
Wednesday, 17 May 2017 

May 16 (Reuters) - :Colgate-Palmolive CEO signaled he would be open to selling co for $100/share at meeting with institutional investors in recent weeks - NY Post.  Full Article

Colgate Q2 earnings per share $0.67
Thursday, 28 Jul 2016 

Colgate-Palmolive Co : Colgate announces second quarter 2016 results . Q2 earnings per share $0.67 . Q2 sales $3.845 billion versus I/B/E/S view $3.86 billion . Q2 earnings per share $0.70 excluding items . Q2 earnings per share view $0.69 -- Thomson Reuters I/B/E/S . Qtrly organic sales grew 4.5 percent . Says North America net sales increased 2.0 percent in Q2 2016 . Says Latin America net sales decreased 16.5 percent in Q2 2016 . Expect a low to mid-single-digit net sales decline for 2016 due to continued currency headwinds . Company says "Continue to anticipate another year of solid organic sales growth in 2016 " . Palmolive Co - "as we look ahead, macroeconomic conditions and foreign exchange volatility remain challenging" . Continue to expect 2016 earnings per share to be flat with 2015 on a dollar basis .Planning for a year of gross margin expansion and expect high double-digit earnings per share growth in 2016.  Full Article

Colgate-Palmolive sets quarterly cash dividend of $0.39/shr
Friday, 10 Jun 2016 

Colgate-palmolive Co :Sets quarterly cash dividend of $0.39 per share.  Full Article

Colgate-Palmolive Co extends restructuring program, to cut more jobs - Reuters News
Friday, 11 Mar 2016 

Colgate-Palmolive Company:Colgate-Palmolive Co said on Thursday it would cut more jobs under an extended restructuring program as the world's largest toothpaste maker grapples with tough macro-economic conditions, including a strong dollar - RTRS.The program, now expected to end in December 2017, will result in the reduction of 3,300 to 3,800 positions globally. Colgate, had earlier said it expected to complete the program this year and cut about 2,700 to 3,200 positions.  Full Article

Colgate-Palmolive Co announces 3% dividend increase
Friday, 11 Mar 2016 

Colgate-Palmolive Co:Increased the ongoing quarterly common stock cash dividend by 3%.Increase will be effective in the second quarter, 2016. The new rate of $.39 per share is up from $.38 per share.Board declared that the second quarter dividend is to be paid on May 16 to shareholders of record date as of April 22.  Full Article

Colgate-Palmolive Co declares regular quarterly dividend
Friday, 15 Jan 2016 

Colgate-Palmolive Co:Declares a quarterly cash dividend of $0.38 per common share.Payable on February 16, 2016, to shareholders of record on January 25, 2016.  Full Article

BRIEF-Colgate-Palmolive files for potential debt shelf offering, size not disclosed

* Colgate-Palmolive Co files for potential debt shelf offering; size not disclosed - SEC filing‍​ Source text (http://bit.ly/2yZlsyt) Further company coverage: