P&G reaches armistice with partner in joint venture

Article Abstract:

Procter and Gamble Co.'s raised its ownership stake in its troubled joint venture with Vietnamese company Phoung Dong, but analysts savvy to the Vietnamese market say that it P&G will still be stymied. P&G now owns 93% of Procter and Gamble Vietnam Ltd., up from 70%, but since Vietnamese law requires major investment decisions to be made unanimously, Phoung Dong can still block P&G from exercising greater control over the consumer goods venture.

Consumer Goods Production, Joint ventures, Vietnam, Securities, Procter & Gamble Co., Consumer goods industry, PG, Phuong Dong, Procter and Gamble Vietnam Ltd.

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Shrinkage faces PC giants

Article Abstract:

The reduced earnings projections announced by Apple Computer, Compaq Computer and Gateway in December 2000, may be the beginning of the end for the 20-year growth period of the personal computer market. Stock market activity of high-technology companies is an indication of Wall Street's loss of confidence in this industry.

Computer industry, Finance, Compaq Computer Corp., CPQ, Forecasts and trends, AAPL, Apple Computer, Inc., Gateway

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