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Procter & Gamble Co T.PG


Primary Symbol: PG Alternate Symbol(s):  N.PG

The Procter & Gamble Company is focused on providing branded consumer packaged goods to consumers across the world. The Company’s segments include Beauty, Grooming, Health Care, Fabric & Home Care and Baby, Feminine & Family Care. The Company’s products are sold in approximately 180 countries and territories primarily through mass merchandisers, e-commerce, including social commerce channels, grocery stores, membership club stores, drug stores, department stores, distributors, wholesalers, specialty beauty stores, including airport duty-free stores), high-frequency stores, pharmacies, electronics stores and professional channels. It also sells direct to individual consumers. It has operations in approximately 70 countries. It offers products under brands, such as Head & Shoulders, Herbal Essences, Pantene, Rejoice, Olay, Old Spice, Safeguard, Secret, SK-II, Braun, Gillette, Venus, Crest, Oral-B, Ariel, Downy, Gain, Tide, Always, Always Discreet, Tampax, Bounty and others.


NYSE:PG - Post by User

Bullboard Posts
Comment by flayeron Jun 17, 2013 12:40pm
168 Views
Post# 21532973

RE: goodbye

RE: goodbye

Index Funds mimic the performance of the Indices by duplicating the Index portfolio.....when a stock is added to an index, these funds are required to BUY the new addition as per their charter. When a stock like PG is dropped from an index, they are required to sell that stock, and replace it with the new entry ..........

 

The impact is usually some short term price weakness as these Index Funds liquidate the 'dropped' stock.

 

PG was likely dropped due to the short term breakdown in share price, or lack of relative strength. It's a knee jerk reaction that has nothing to do with PG's fundamentals.

 

 

Bullboard Posts