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  • Should Gillette owner P&G exit the shaving business?
    Procter & Gamble’s chief financial officer said April 23 the company remains committed to the Grooming division despite disappointing sales. “This is a business that we not only want to keep, but that we like and feel we can win,” CFO Jon Moeller said. The Cincinnati-based maker of Gillette razors and Braun electric shavers (NYSE: PG) reported net sales of $1.4 billion for the Grooming business in the recently ended third quarter, down 8 percent from last year. Gillette is headquartered in…

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