Procter & Gamble Co.’s Gillette brand will not renew its endorsement contract with golfer Tiger Woods, which ends Dec. 31, a company spokesman confirmed Thursday.
Inside these posts: Tiger Woods
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Verizon compares its profitability to Tiger Woods
Verizon Communications Inc. Chief Financial Officer John Killian compared the wireless arm’s lead in profitability to Tiger Wood’s dominance on the golf course.
“We will maintain the Tiger Woods position on top of the world in terms of profitability,” Killian told analysts during an investor conference on Wednesday.
In reference to Woods’ recent struggles, Killian said that people keep wanting to chip away at the star athlete, much like critics are attempting to chip away at Verizon Wireless’s lead in profitability. Instead, the business is widening its lead, he said. Get the full story »
Wall Street paused for Tiger Woods speech
Bloomberg | Trading on all U.S. stock exchanges fell sharply this morning during Tiger Woods’ televised apology to the nation. Trading fell from from an average of 576.8 million shares during the five previous 15-minute
segments to 456 million, as Woods made his first public appearance since Nov. 27.
Get the full story: bloomberg.com
