Colgate-Palmolive

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Posted by bender 04/22/2009 @ 22:16

Tags : colgate-palmolive, hygiene and cosmetics, health

News headlines
Colgate Palmolive to declare FY 2009 results on May 29, 2009 - Equity Bulls
Colgate Palmolive India Ltd has announced that a meeting of the Board of Directors of the Company will be held on May 29, 2009, to consider and approve the audited accounts of the Company for the financial year ended March 31, 2009....
Colgate-Palmolive says it has no agreement with city over historic ... - NJ.com
by The Jersey Journal Jersey Journal file photoJersey City is taking Colgate-Palmolive to court, saying it's owed $1 million according to a 2005 agreement on the historic Colgate clock. The company's response: What agreement? Earlier this week we told...
Colgate-Palmolive: A Great Company at a Reasonable Price - GuruFocus.com
Most people are familiar with the products of Colgate-Palmolive (CL), the global $15 billion consumer product company. From the namesake toothpaste and dish soaps, to low cost staples like deodorant, hand soaps, and mouthwash (and even dog food),...
Colgate-Palmolive 1Q Net Up 8.9% On Higher Margins, Prices - Wall Street Journal
Colgate-Palmolive Co.'s (CL) first-quarter net income rose 8.9% on margin increases and higher prices. Consumer-products makers usually hold up better than other sectors in economic downturns, but as the economy worsened late last year consumers...
5-Star Stocks Poised to Pop: Colgate-Palmolive - Motley Fool
By Brian D. Pacampara Based on the aggregated intelligence of 130000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, consumer products giant Colgate-Palmolive (NYSE: CL) has earned a coveted five-star ranking....
Colgate-Palmolive Up 5.2% Since smartrend's Buy Recommendation - Comtex Smartrend
smartrend, our automated pattern recognition system, called an Uptrend for Colgate-Palmolive Co (NYSE:CL) on 4/2/2009 at $60.50. Since then, Colgate-Palmolive has returned 5.2% as of today's recent price of $63.66. Published 5/13/2009 by C. Brian,...
Colgate Palmolive (CL) PriceWatch Alert - Calendar Spread Risk ... - Market Intelligence Center
Colgate Palmolive (NYSE: CL) closed yesterday at $63.46. So far the stock has hit a 52-week low of $54.36 and 52-week high of $80.49. The proprietary Key Risk Ranking for CL has declined from a 4 KEY Low Relative Risk to a 3 KEY Moderate Relative Risk....
SPDR DJ Euro Stoxx 50, Colgate-Palmolive: Money Flow Leaders (FEZ, CL) - Wall Street Journal
Colgate-Palmolive Co. topped the list for Selling on Strength , which tracks stocks that rose in price but had the largest outflow of money. See the full list . This copy is for your personal, non-commercial use only. Distribution and use of this...
3M (NYSE: MMM) and Colgate-Palmolive (NYSE: CL): Trading Transparency - istockAnalyst.com (press release)
This gave me a 'buy signal' and I purchased 125% of my average size holding, or approximately $2500 worth of Colgate-Palmolive (CL), which worked out to 43 shares purchased at $59.36/share to consist of my new 6th position. I just reviewed Colgate (CL)...
5 Stocks Ready to Bounce Back - Motley Fool
... investors are confident that these stocks will beat the market in the months ahead: Consumer goods is a broad classification, covering everything from brewers such as Molson Coors (NYSE: TAP) to personal-care giant Colgate-Palmolive (NYSE: CL)....

Colgate-Palmolive

Liquid soap Palmolive

Colgate-Palmolive Company (NYSE: CL) is an American diversified multinational corporation focused on the production, distribution and provision of household, health care and personal products, such as soaps, detergents, and oral hygiene products (including toothpaste and toothbrushes). Under its "Hill's" brand, it is also a manufacturer of veterinary products. The company's corporate offices are on Park Avenue in New York City, across from the Waldorf Astoria.

In 1806, William Colgate, himself a soap and candle maker, opened up a starch, soap, and candle factory on Dutch Street in New York City under the name of "William Colgate & Company". In the 1840s, the firm began selling individual bars in uniform weights. In 1857, William Colgate died and the company was reorganized as "Colgate & Company" under the management of Samuel Colgate, his son. In 1872, Colgate introduced Cashmere Bouquet, a perfumed soap. In 1873, the firm introduced its first toothpaste, an aromatic toothpaste sold in jars. His company sold the first toothpaste in a tube, Colgate Ribbon Dental Cream, in 1896. By 1908 they initiated mass selling of toothpaste in tubes. His other son, James Boorman Colgate, was a primary trustee of Colgate University (formerly Madison University).

In Milwaukee, Wisconsin, the "B.J. Johnson Company" was making a soap entirely of palm and olive oil, the formula of which was developed by B.J. Johnson in 1898. The soap was popular enough to rename their company after it - "Palmolive". At the turn of the century Palmolive, which contained both palm and olive oils, was the world's best-selling soap, and extensive advertising included The Palmolive Hour, a weekly radio concert program which began in 1927. A Kansas based soap manufacturer known as the "Peet Brothers" merged with Palmolive to become Palmolive-Peet. In 1928, Palmolive-Peet bought the Colgate Company to create the Colgate-Palmolive-Peet Company. In 1953 "Peet" was dropped from the title, leaving only "Colgate-Palmolive Company", the current name.

Colgate-Palmolive has long been in fierce competition with Procter & Gamble, the world's largest soap and detergent maker. P&G introduced its Tide laundry detergent shortly after World War II, and thousands of consumers turned from Colgate's soaps to the new product. Colgate lost its number one place in the toothpaste market when P&G started putting fluoride in its toothpaste. In the beginning of television, "Colgate-Palmolive" wished to compete with Procter & Gamble as a sponsor of soap operas. Although the company sponsored many shows in part, they were most famous for being the full sponsor of the serial The Doctors.

George Henry Lesch was president, CEO, and chairman of the board of Colgate-Palmolive in the 1960s and 1970s, and during that time transformed it into a modern company with major restructuring.

In 2005, Colgate sold the underperforming brands: Fab, Dynamo, Arctic Power, ABC, Cold Power and Fresh Start as well as the license of the Ajax brand for laundry detergents in the U.S, Canada and Puerto Rico to Phoenix Brands, LLC as part of their plan to focus on their higher margin oral, personal, and pet care products.

In 2006, Colgate-Palmolive announced the intended acquisition of Tom's of Maine, a leading maker of natural toothpaste, for US $100M. Tom's of Maine was founded by Tom Chappell in 1970.

Today, Colgate has numerous subsidiary organisations spanning 200 countries, but it is publicly listed in only two, the United States and India.

In June 2007, counterfeit Colgate toothpaste imported from China was found to be contaminated with diethylene glycol, and several people in eastern U.S. reported experiencing headaches and pain after using the product. The tainted products can be identified by the claim to be manufactured in South Africa by Colgate-Palmolive South Africa LTD, they are 5oz/100ml tubes (a size which Colgate does not sell in the United States) and the tubes/packaging contain numerous mis-spellings on their labels. Colgate-Palmolive claims that they do not import their products from South Africa into the United States or Canada and that DEG is never and was never used in any of their products anywhere in the world. The counterfeit products were found in smaller "mom and pop" stores, dollar stores and discount stores in at least four states.

In 1890, Madison University in New York State was re-named Colgate University in honor of the Colgate family following decades of financial support and involvement.

Also, for the past 34 years the Colgate-Palmolive Company has sponsored a non-profit track meet open to women of all ages. This event is called the Colgate Women's Games. The Colgate Women's Games is the nation's largest amateur track series open to all girls from elementary school through college. Held at Brooklyn's Pratt Institute, competitors participate in preliminary meets and semi-finals over five weekends throughout January. Finalists compete for trophies and educational grants-in-aid from Colgate-Palmolive Company at New York City's Madison Square Garden in February. The goal is to provide an athletic competition that helps the participating young girls and women develop a strong sense of personal achievement, self-esteem, instill the importance of education and provide a training ground for those who might not otherwise participate in an organized sport.

Colgate-Palmolive, as a successor to The Mennen Company, is one of about 300 companies held potentially responsible for hazardous waste at the Chemsol federal Superfund site in Piscataway, New Jersey. Their involvement in this site may have contributed to the contamination of an estimated 18,500 cubic yards (14,100 m3) of soil with volatile organic compounds (VOCs), PCBs, and lead off-site. A proposed $23 million agreement with the government and state of New Jersey would require Colgate-Palmolive and the other involved companies to pay for the cleanup of this hazardous waste that is contaminating the soil as well as the groundwater. On a positive note, the company completed a LEED Silver certified manufacturing plant in Morristown, TN in March of 2008 which was the first of its kind in the U.S.

Current members of the board of directors of Colgate-Palmolive are: John T. Cahill, Jill Conway, Ronald E. Ferguson, Ellen Hancock, David W. Johnson, Richard Kogan, Delano Lewis, Reuben Mark, Elizabeth Monrad, and Howard Wentz.

Chief Executive Rueben Mark retired July 1, 2007. Ian M. Cook, President and CEO, replaced him.

Colgate now markets a broadly diversified mix of products in the United States and other countries. Major product areas include household and personal care products, food products, health care and industrial supplies, and sports and leisure time equipment.

In the U.S., the company operates approximately 60 properties of which 15 are owned. Major U.S. manufacturing and warehousing facilities used by the Oral, Personal and Home Care segment of Colgate-Palmolive are located in Morristown, New Jersey; Morristown, Tennessee; and Cambridge, Ohio. The Pet Nutrition segment has major facilities in Bowling Green, Kentucky; Topeka, Kansas; Commerce, California; and Richmond, Indiana. The primary research center for Oral, Personal and Home Care products is located in Piscataway, New Jersey and the primary research center for Pet Nutrition products is located in Topeka, Kansas.

Overseas, the company operates approximately 280 properties of which 76 are owned in over 70 countries. Major overseas facilities used by the Oral, Personal and Home Care segment are located in Australia, Brazil, China, Colombia, France, Italy, Mexico, Poland, South Africa, Thailand, Venezuela and elsewhere throughout the world.

Colgate Palmolive has closed or is in the process of phasing out production at certain facilities under a restructuring program initiated in 2004 and has built new state-of-the-art plants to produce toothpaste in the U.S. and Poland.

The iconic hand on the Palmolive dishwashing soap label belongs to Elizabeth Barbour. The image is a highly illustrated photograph taken in 1985 when the Colgate-Palmolive Company updated the image and hired Barbour who was a hand model with the Ford Agency in New York City.

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Colgate-Palmolive v. FTC

A Colgate-Palmolive advertisement claimed that its Rapid Shave shaving cream was so good it could be used to shave sandpaper. The commercial showed sandpaper applied with shaving cream and then shaved. The Federal Trade Commission (FTC) complained that the ad was deceptive and a material misrepresentation because it was not sandpaper but rather sand sprinkled on glass. Colgate-Palmolive argued that the product really could shave sandpaper if left on long enough. Colgate-Palmolive sued arguing that the FTC had overstepped it authority.

The Supreme Court agreed with the FTC that the commercial was a material misrepresentation. The ruling forced advertisers to remain truthful in their product presentations. As a result, commercials often feature "dramatization" notifications.

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Hill's Pet Nutrition

Image:HillsLogo.png

Hill's Pet Nutrition, Inc is a subsidiary of Colgate-Palmolive Company. They are a large scale provider of dog and cat foods.

In 1928, Dr. Mark L. Morris Sr. established Raritan Hospital for Animals in Edison, New Jersey. At the time, this was one of only two small animal hospitals in the United States. By 1939, Dr. Morris believed managing nutrition could have a positive effect on the health of companion animals.

In the late 1930s, Morris Frank, a young blind man, was touring the country with his guide dog Buddy promoting Seeing Eye dogs. However, Buddy, a German Shepherd Dog, was suffering from kidney failure and Mr. Frank asked Dr. Morris for help. Dr. Morris believed the illness was a result of poor nutrition, and began developing a new pet food to help Buddy. With his wife, Louise Morris, in the kitchen, Dr. Morris formulated the dog food. Louise and three other women continued making the food in the Morris family basement, storing it in Ball jars. Raritan Ration B was the forerunner of Hill's Prescription Diet k/d Canine and is developed for dogs with renal failure and insufficiency.

Dr. Morris mailed the food to Mr. Frank, who was on tour across the country with Buddy. However, the jars often broke in transit. The U.S. was in World War II and glass was scarce. Morris Frank arranged for delivery of several thousand cans and a hand-operated canning machine to Dr. Morris. His staff then started canning food. So, in 1948, Dr. Morris contracted with Burton Hill of the Hill Packing Company in Topeka, Kansas, to can the food with a new name, Canine k/d, and licensed Hill to produce his pet food formulas.

In the following years, the partnership between Dr. Morris and the Hill Packing Company evolved into Hill's Pet Nutrition, and it continued to grow and add formulas of therapeutic pet food to its Prescription Diet line of products. Dr. Morris established a research laboratory in Topeka in 1951, when four Prescription Diet pet foods for dogs were available.

Dr. Morris' son, Dr. Mark Morris Jr., continued to help grow Hill's Pet Nutrition over the next several decades. Dr. Morris Jr. noticed a demand for consistent, high-quality pet food for use in research. As a result, he developed a food for healthy pets. In 1968, the food line was made available through veterinarians and pet professionals as Hill's Science Diet. The line has continued to expand, and today includes more than fifty pet foods formulated for many life stages and special needs in healthy pets.

In 1976, the Colgate-Palmolive Company purchased Hill's Pet Nutrition. Today, Hill's pet food products are available in 86 countries around the world and company sales reached $1 billion in 1999. Today, Hill's product lines include more than 60 Prescription Diet brand pet foods and more than 50 Science Diet brand pet foods.

Research and product development for Hill's takes place in Topeka, Kansas at the Hill's Pet Nutrition Center. This center houses veterinarians and board-certified specialists in nutrition and internal medicine that are responsible for working with companion pets to develop products meeting veterinarian-quality standards for nutrition and taste.

Each companion pet has a team to provide it clean living quarters, exercise areas, an agility course and other human and animal companions. The facility also houses a fully equipped veterinary hospital certified by the American Animal Hospital Association. This means the hospital conforms to the standards of small animal veterinary hospitals.

Today, Hill’s manufactures Hill’s Prescription Diet brand pet foods, therapeutic pet foods available only through veterinarians, and Hill’s Science Diet brand pet foods sold through veterinarians and pet specialty stores.

Hill's has a large line of prescription foods for cats and dogs with specific diseases. Prescription diet dry and canned food is only available through a vet or pet pharmacy. Prescription diet food replaces all other food until the disease is cleared or for the rest of the pet's life if it is chronic.

One Prescription Diet line and five products of the Science Diet line were involved in the 2007 pet food recalls for their inclusion of melamine tainted wheat gluten received from China.

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1979 Tel Aviv Open

The 1979 Tel Aviv Open was a tennis tournament played on hard courts that was part of the 1979 Colgate-Palmolive Grand Prix. It was played at the Israel Tennis Centers at Ramat HaSharon near Tel Aviv in Israel and began on October 8, 1979.

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Mennen

Mennen's Borated Talcum Toilet Powder, 1898 advertisement.

Mennen is a brand of the Colgate-Palmolive Company. Its most notable product, Mennen Speed Stick, with its fougere perfume and green wide stick, was the market leader among deodorants and antiperspirants for men for many years. It was also noted for its Teen Spirit deodorant, which was the leader in teenage girl's deodorants during the early 1990s.

The Mennen Company was started in 1878, at Newark, New Jersey, moving to Morristown, New Jersey in 1953, where it manufactured and sold many over-the-counter pharmaceuticals and personal products such as the Skin Bracer, Speed Stick (launched approximately 1954), and Baby Magic products. Lady Speed Stick was a foray into the women's market, and was a huge success due to its shape, which fit a woman's hand, and fragrances. Mennen was founded by Gerhard Heinrich Mennen, an immigrant from Germany, with his first product being talcum based powder, which was a real innovation at the time. His grandnephew, G. Mennen Williams, would go on to serve as Governor of Michigan from 1949-1961.

By Mennen was one of the most successful marketing slogans considering its simplicity. The associated jingle was notable for containing just three notes and ending each television commercial for Mennen products.

The company was led by several generations of the Mennen family before being sold to Colgate by the family in 1992. Today none of the Mennen family are involved in the company or its now parent.

Visitors to the Harper's Ferry National Park often notice a giant advertisement painted on the rock face of Maryland Heights. While faded and hard to read today, it reads "Mennen's Borated Talcum Toilet Powder" and was originally painted sometime between 1903 and 1906.

Today, the name Mennen is being phased out in some regions and products in many countries are becoming known simply as Speed Stick or Lady Speed Stick. In North America, both products, as well as Skin Bracer and Afta are still being marketed as being "by Mennen," where the name is still well-known and holds positive connotations. The Baby Magic line was sold to Playtex, who has since sold the brand to Naterra International, Inc.

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1978 Fischer-Grand Prix

The 1978 Fischer-Grand Prix was a tennis tournament played on indoor hard courts at the Wiener Stadthalle in Vienna in Austria that was part of the 1978 Colgate-Palmolive Grand Prix. The tournament began on October 29, 1978.

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1979 World Championship Tennis Finals

The 1979 World Championship Tennis Finals was a tennis tournament played on indoor carpet courts. It was the 9th edition of the WCT Finals and was part of the 1979 Colgate-Palmolive Grand Prix. It was played at the Moody Coliseum in Dallas, Texas in the United States and began on May 1, 1979.

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1978 American Airlines Tennis Games

The 1978 American Airlines Tennis Games was a tennis tournament played on outdoor hard courts. It was the 3rd edition of the Indian Wells Masters and was part of the 1978 Colgate-Palmolive Grand Prix. It was played at Palm Springs, California in the United States and began on February 13, 1978.

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The Doctors (1963 TV series)

Thedoctorstitle.jpg

The Doctors was a soap opera which aired on NBC from April 1, 1963 to December 31, 1982. There were 5280 episodes produced, with the 5000th episode airing in November 1981. The series was set in Hope Memorial Hospital in the fictional "Madison," located somewhere in New England.

Originally, The Doctors was not supposed to be a conventional soap opera. It first aired in 1963 for a trial run as an anthology series with self-contained episodes about medical emergencies. When the show was brought back in 1964, the show adopted a serial form of storytelling. For most of the series, storylines revolved around Chief of Staff Matthew Powers (played by James Pritchett).

The Doctors was considered to be more risqué in storyline choices than its rival, General Hospital (which premiered on the same day). While the doctors on General Hospital worked in harmony with one another for the most part and in some cases were intimate friends, the physicians on The Doctors were much more cutthroat.

For example, Dr. Powers was put on trial for murder, was forced to rescind his Chief of Staff position, and became very depressed. Another doctor took over Powers's spot and immediately schemed to remove his allies, such as Dr. Althea Davis, from positions of influence in the hospital. In another storyline, one doctor's nurse found out that he killed his rival and made it look like suicide. When he discovered that she knew the truth, he tormented her every day at work until she committed suicide herself, allowing him to get away with the murder.

In 1972 and 1974, the serial received a Daytime Emmy for Best Drama. In the years following, announcer Mel Brandt would inform the audience at the beginning of each episode: And now, The Doctors: The (Emmy-award winning) program dedicated to the brotherhood of healing.

For most of its run, The Doctors was packaged and sponsored by the Colgate-Palmolive company through its Channelex division; in 1980, NBC took over production in-house.

The Doctors became very popular in the late 1960s when it was featured in advertisements for NBC's 90-minute serial bloc. The show flourished when it was placed in the timeslot of 2:30 p.m. Eastern/1:30 Central, in between Days of our Lives and Another World, two highly rated shows. Upon its 1963 debut, The Doctors succeeded an 18-month-long early effort by entertainment mogul Merv Griffin to establish a daytime talk show. It spent nearly 16 years in that timeslot, an extraordinary feat for daytime shows of its day, especially when it is considered that among its victims in the ratings were long-running favorites such as CBS' House Party with Art Linkletter and, later, ABC's Dating Game. Broadcasting's longest-running soap opera, CBS' The Guiding Light, went up against it more than once as well.

From the late 1960s until the mid-1970s, The Doctors was among the higher-rated soap operas of the day. In 1973-74 the show peaked at fourth place, behind CBS' As The World Turns and fellow NBC serials Days of our Lives and Another World.

However, after 1975, the show's popularity went into terminal decline: eighth place in 1975-76 and 11th place from 1976 through 1980, before falling to the bottom of the pack by 1982. This can be traced in part to ABC's expansion of One Life to Live in 1976 and CBS' promotion of Guiding Light to an hour in length in late 1977. However, its own network, NBC, inflated the adjacent Another World to 90 minutes in March 1979, bumping The Doctors ahead to 2 p.m./1 Central, alienating many longtime followers. A year and a half later, in August 1980, Procter and Gamble spun off Texas from Another World, requiring The Doctors to move again, this time to 12:30 p.m./11:30 a.m. Central.

As if facing the youth-oriented Ryan's Hope on ABC and the stalwart Search for Tomorrow on CBS were not enough, in April 1982, NBC essentially left the show out to pasture at 12 Noon/11 Central, where daytime's most popular game, Family Feud, ran on ABC, and where CBS stations in the Central Time Zone ran the first half of The Young and the Restless, by this time a major phenomenon in its own right. In addition, the 12-12:30 half hour was commonly pre-empted for local news on some NBC stations. This proved the fatal blow to The Doctors, as it fell to a 1.6 in the Nielsens for the 1982-83 season (which remains to this day the lowest seasonal Nielsen rating of any network television soap opera in history), and NBC had no choice except to cancel a show that fell a mere three months shy of its 20th anniversary.

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Source : Wikipedia