On Thursday, Shares of The Procter & Gamble Company (NYSE:PG), lost -4.01% to $77.39.
The Procter & Gamble Company stated fiscal year 2015 currency neutral core earnings per share growth of 11% as compared to the preceding year. Core earnings per share were $4.02, a decrease of two percent. Diluted net earnings per share were $2.44, counting a one-time charge of $2.1 billion, or $0.71 per share, for a change in the method of accounting for its Venezuelan operations from consolidation to the cost method, discussed later in this press release. Organic sales grew one percent as a two percent pricing benefit more than offset a one percent reduction in shipment volume. Net sales were $76.3 billion, a decrease of five percent as compared to the preceding year, counting a negative six-percentage point impact from foreign exchange.
For the April - June 2015 quarter, core earnings per share were $1.00, an enhance of eight percent as compared to the preceding year period. Core EPS results comprised of a $0.09 per share benefit as compared to the preceding year from non-operating income, primarily minor brand divestiture gains. Not taking into account the impact of foreign exchange, currency-neutral core earnings per share raised 22%. Diluted net earnings per share were $0.18 counting the one-time Venezuela charge of $0.71 per share and non-core restructuring costs of $0.07 per share. Organic sales were unchanged for the quarter as a three-percentage point benefit from pricing and mix was offset by lower shipment volume. Net sales were $17.8 billion, a decrease of nine percent as compared to the preceding year period driven by a negative nine-percentage point impact from foreign exchange.
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.
Shares of Banco Santander, S.A. (NYSE:SAN), declined -4.37% to $6.78, during its last trading session.
Santander Holdings USA, Inc., parent company of Santander Bank, N.A., declared that its Board of Directors declared a dividend on SHUSA’s Preferred Stock. A dividend payment of $0.45625 per depositary share is payable on August 17, 2015 to holders of record on August 1, 2015 for SHUSA’s Series C Non-Cumulative Perpetual Preferred Stock (NYSE:SOVPRC).
Banco Santander, S.A. provides various banking products and services for individuals and companies. The company offers various deposit products, such as demand and time deposits; mortgages, auto finance, and personal credits; consumer finance; and mobile banking and electronic banking services.
Finally, Nielsen N.V. (NYSE:NLSN), ended its last trade with 1.53% gain, and closed at $49.06, hitting its highest level.
Nielsen declared second quarter 2015 results. Revenues were $1,559 million for the second quarter of 2015, down 2.2% due to the impact of foreign exchange, but up 4.8% on a constant currency basis, contrast to the second quarter of 2014.
“Nielsen’s second quarter was marked with notable accomplishments which fueled 4.8% constant currency revenue growth and margin expansion across both our Buy and Watch segments. We had new client wins in every region of the world in our Buy business, which grew 4.8% and had its fourth successive quarter of margin expansion, both on a constant currency basis. Our Watch segment grew 4.7% on a constant currency basis due to strength in both Audience Measurement and Marketing Effectiveness as we continue to link measurement and analytics to bring greater value to our clients. We have strong momentum around Total Audience Measurement with Digital Content Ratings progressing well towards its fall launch. And by year end, Digital Ad Ratings will be accessible in 16 markets, covering 95% of global digital advertising spending. We are also happy with the ongoing integration of eXelate and are increasingly excited about its abilities to serve as the platform by which we can assist clients improve the precision of marketing decisions,” said Mitch Barns, Chief Executive Officer of Nielsen.
Barns continued, “In addition to executing upon our key initiatives, unlocking incremental value for our shareholders also remains a priority. Our strong free cash flow generation assists us achieve this by enabling consistent investment within our own business alongside a growing dividend and a robust share repurchase program.”
Nielsen N.V. operates as an information and measurement company. The company provides media and marketing information, analytics, and manufacturer and retailer expertise about what and where consumers buy, read, watch and listen.
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