Shares of Procter & Gamble Co (NYSE:PG) ended Monday session in green amid volatile trading. The shares closed up +0.32 points or 0.36% at $88.37 with 19.17 million shares getting traded. Post opening the session at $87.92, the shares hit an intraday low of $87.25 and an intraday high of $88.95 and the price vacillated in this range throughout the day. The company has a market cap of $235.87 billion and the numbers of outstanding shares have been calculated to be 2.67 billion shares.
On August 31, 2016 Pampers, the world’s leading diaper brand, celebrates the launch of its new and improved Pampers Easy Ups Training Underwear with a 360° stretchy waistband and Pampers exclusive Extra Absorb Channels – training pants that are preferred for looking, fitting and feeling more like real underwear vs. Huggies Pull-Ups while providing outstanding leak protection.
“At Pampers we understand the transition into underwear is a major developmental milestone for toddlers and parents alike,” said E. Yuri Hermida, vice president, North America Baby Care, P&G. “After years of research and development, our new Pampers Easy Ups training underwear will help make potty training easy because they look and feel more like underwear for little ones while parents can have the confidence of Pampers comfort and protection.”
Real parent feedback was used to design new Pampers Easy Ups to fit like underwear but protect like Pampers. In a recent survey, Pampers found that nearly 100 percent (93%) of parents who use training pants for their child think it’s important for training pants to feel like underwear and one third (34%) of parents wish their child’s training pants didn’t leak so often. The three-channel absorbent core design and super-soft material used in new Pampers Easy Ups responds to this parent insight by providing superior protection versus the leading value brand (size 2T-3T).
“As a pediatrician and a mom, I know that no two potty training experiences are the same, so keeping it simple and laying the proper foundation are essential,” said Dr. Tanya Altmann M.D. FAAP, Los Angeles-based Pediatrician. “I recommend training pants as they are the best next step after diapers in order to get children used to the feeling of underwear. In particular, Pampers Easy Ups have the fit and feel of real underwear while still giving children amazing leak protection for both day and night. Parents can even put them in their child’s dresser drawer, as if it is actually underwear, to help little ones make the connection that they’re graduating from diapers.”
Shares of Mondelez International Inc (NASDAQ:MDLZ) ended Monday session in red amid volatile trading. The shares closed down -0.04 points or -0.09% at $42.87 with 13.09 million shares getting traded. Post opening the session at $42.97, the shares hit an intraday low of $42.84 and an intraday high of $43.38 and the price vacillated in this range throughout the day. The company has a market cap of $66.52 billion and the numbers of outstanding shares have been calculated to be 1.56 billion shares.
Mondelez International Inc (MDLZ) on Aug. 12, 2016 announced an agreement to purchase from Burton’s Biscuit Company the license that enables the company to manufacture, market and sell Cadbury-branded biscuits around the world, including in the UK, France, Ireland, North America and Saudi Arabia, subject to regulatory approval.
“Ownership of the Cadbury biscuits license offers us exciting opportunities to accelerate global growth and innovation, as we expand our leading position in biscuits, globally and in Europe,” said Hubert Weber, Executive Vice President and President, Mondelēz Europe. “The transaction will help us to unify and expand our global Cadbury biscuits portfolio in key markets and enable us to explore delicious new products by using the best of our chocolate and biscuit innovation platforms.”