The Clorox Co (NYSE:CLX) Puts Forth Security Concerns After Venezuelan Takeover

Boston, MA 09/29/2014 (wallstreetpr) – According to reports, The Clorox Co (NYSE:CLX) announced on Saturday that it had a lot of concerns about safety. The statement came after the Venezuela government decided to take-over its facilities. A few days back CLX announced that it would no longer operate here due to the economic crisis. As soon […]

The Clorox Co (NYSE:CLX) Pulling Out Of Venezuela Owing To Unprofitable Business; The CEO, Don Knauss, Stated Its A Difficult Situation

Boston, MA 09/23/2014 (wallstreetpr) – According to news in Bloomberg, The Clorox Co (NYSE:CLX) is leaving Venezuela after it faced unprofitable operations following price freezes. The company faced loss-making business: The consumer-products conglomeration selling diverse range of products spanning salad dressing to bleach, Clorox Co. is pulling out of Venezuela following the government-commanded price freezes […]

The Clorox Co (NYSE:CLX) Exits Venezuela as High Inflation levels Bites on

Boston, MA 09/23/2014 (wallstreetpr) – The Clorox Co (NYSE:CLX) has announced plans to exit operations in Venezuela amidst declining profit margins in the country. It is a sigh of relief for the investors as the unit only accounted for 1.4% of the company’s total sales for the fiscal year ended June, according to the Financial […]

The Clorox Co (NYSE:CLX) Exiting Venezuela May Save 12 Cents A Share Of Earnings Annually

Boston, MA 09/23/2014 (wallstreetpr) – Manufacturer of consumer and professional products, The Clorox Co (NYSE:CLX) disclosed that it would exit its operations from Venezuela through its partner, Corporaction Clorox de Venezuela S.A., since it was not viable and decided to sell its assets. This is likely to save the company 12 cents of earnings per […]

Insider Trading Investigations Puts Spotlight On A Popular Golfer and Investor

Boston, MA 06/02/2014 (wallstreetpr) – According to recently released reports, activities connected with The Clorox Co (NYSE:CLX) are being scrutinized. Government investigators are looking closely at the moves made by William Walters and Phil Mickelson. While Walters is associated with the gambling industry, Mickelson is a household name in the world of Golf. The trading […]