On Thursday, Shares of The Procter & Gamble Company (NYSE:PG), lost -0.41% to $80.66.
The Procter & Gamble Company, declared the signing of a definitive agreement to merge 43 of its beauty brands (“RMT Brands”) with Coty Inc. in a Reverse Morris Trust transaction. The transaction comprises P&G’s global salon professional hair care and color, retail hair color, cosmetics and fine fragrance businesses, together with select hair styling brands.
P&G Chairman, President and Chief Executive Officer, AG Lafley, commented: “This represents a noteworthy step forward in the work to focus our portfolio on 10 categories and 65 brands that best leverage P&G’s core competencies. We have leading global brand positions in these categories, consumer preferred products and leading brands in the largest markets. These businesses and brands have historically grown faster and have been more profitable than the balance. We expect these ten categories to grow and create value as we focus the energy and resources of the company exclusively on them.”
The Procter & Gamble Company, together with its auxiliaries, manufactures and sells branded consumer packaged goods. The company operates through five segments: Beauty; Grooming; Health Care; Fabric Care and Home Care; and Baby, Feminine and Family Care. The Beauty segment offers antiperspirants and deodorants, cosmetics, personal cleansing, skin care, hair care and color, prestige, and professional salon products under the Head & Shoulders, Olay, Pantene, SK-II, and Wella brand names.
Shares of H&R Block, Inc. (NYSE:HRB), inclined 1.30% to $30.47, during its last trading session.
Annual enrollment for H&R Block’s Income Tax Course is open and H&R Block (HRB) will award full scholarships covering the cost of tuition and books for spouses of active, reserve, wounded warrior and stepped down military personnel. H&R Block has offered these scholarships for the past 10 years and granted more than $540,000 in scholarship funds to thousands of military spouses in 2014 alone.
The course teaches the skills to learn how to prepare taxes like a pro and is assistful for people who want to better understand their own taxes. Students can learn a new skill and potentially could earn extra money. Though enrolling in the class is not a guarantee of employment with H&R Block, more than 75 percent of graduates who take partd in this scholarship program became tax professionals for H&R Block in tax season 2015.
Because the military life is very mobile, H&R Block — with 10,000 offices nationwide and on or near hundreds of military bases — provides a career opportunity that could allow military spouses the chance to relocate while still maintaining their careers.
H&R Block, Inc., through its auxiliaries, provides tax preparation, banking, and other services to the general public primarily in the United States, Canada, and Australia. The company offers assisted income tax return preparation and related services through a system of retail offices operated directly by the company or by franchisees; and online tax services, such as tax advice, professional and do-it-yourself (DIY) tax return preparation, and electronic filing services through its Website hrblock.com.
Finally, Enerplus Corporation (NYSE:ERF), ended its last trade with 2.26% gain, and closed at $8.13.
Enerplus Corporation, will be releasing operating and financial results for the second quarter of 2015 preceding to market open on Friday, August 7, 2015. A conference call will be hosted by Mr. Ian C. Dundas at 9:00 AM MT (11:00 AM EST) to talk about these results.
Enerplus Corporation, together with auxiliaries, engages in the exploration and development of crude oil and natural gas in the United States and Canada. The company primarily has interests in about 162,000 net acres of lands comprising about 77,000 net acres targeting the Stacked Mannville zones and 85,000 net acres targeting the Duvernay formation in the Deep Basin region, Canada.
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