First up is Procter and Gamble (PG) which is betting on a new company structure. The Wall Street Journal says the consumer products powerhouse is working to divide itself into four sectors. No word yet on which products would go into each division, but all four units would have their own president. They would report to newly returned CEO A.G. Lafley, and one of them would likely be picked to replace Lafley when he retires again. P&G shares jumped last Friday on news that Lafley was replacing Bob McDonald but have pulled back since then. They've risen about 27% over the past year.
Next is UnitedHealth Group (UNH), which may be limiting its exposure to new exchanges created under the health care overhaul. Bloomberg is reporting that UnitedHealth will offer coverage in just a dozen of the new statewide exchanges. That's because it believes the first wave of new customers is likely to have a pent-up demand for care. Smaller competitors like Cigna and Aetna seem to be ready to take theRead More »from Procter & Gamble’s Latest Wager; Why Express Is Rising Fast; UnitedHealth’s Plan