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McCann Remembers John J. Dooner, Jr.
Prnewswire· 2026-01-06 20:17
Core Insights - McCann honors the legacy of John J. Dooner, Jr., a transformative leader in the advertising industry who passed away on December 31, 2025, at the age of 77 [1][2] Company Overview - John J. Dooner, Jr. was the founder of McCann Worldgroup and served as Chairman and CEO of McCann-Erickson Worldwide and Interpublic Group, significantly impacting the global advertising landscape [2][3] - His career began in 1970 at Grey Advertising, and he joined McCann-Erickson in 1984, where he led major global clients like Coca-Cola and Gillette [3] Industry Impact - In 1997, Dooner established McCann Worldgroup, which integrated various marketing disciplines under a unified global platform, setting a new standard for modern marketing networks [4][5] - The McCann Worldgroup model became a blueprint for the industry, with its agencies excelling in various fields, including advertising, CRM, experiential marketing, and public relations [5] Leadership and Growth - From 2000 to 2003, Dooner served as Chairman and CEO of Interpublic Group, overseeing the acquisition of True North, which expanded IPG's creative leadership [6] - His leadership fostered long-term partnerships with iconic brands such as Coca-Cola, Nestlé, General Motors, and Mastercard, emphasizing creativity as a driver of business growth [7] Legacy and Recognition - Dooner's contributions to the industry were recognized through various leadership roles, including Chairman of the Ad Council and Vice Chairman of the 4A's, and he was inducted into the Advertising Hall of Fame in 2019 [8][9] - His commitment to service and community was evident through his involvement with nonprofit organizations, including United Way Worldwide [9][10] Company Mission - McCann, part of Omnicom, is dedicated to building iconic brands through creativity, with a mission encapsulated in the phrase "Truth Well Told" [11]
Coca-Cola begins corporate restructuring with 75 layoffs
Yahoo Finance· 2026-01-05 11:19
Group 1 - Coca-Cola is planning layoffs as part of a restructuring initiative, starting with 75 workers at its corporate headquarters, with further cuts expected in phases [7] - The company is adapting to changing consumer preferences, shifting focus from sugary drinks to waters and sports drinks, and is preparing for a transition to a new CEO in March [3][4] - Coca-Cola reported a 5% increase in net revenue to $12.5 billion in its third quarter and anticipates similar growth for the full year [4] Group 2 - Other consumer packaged goods (CPG) companies, including Nestlé, General Mills, and Molson Coors, have also announced workforce reductions recently [5] - Outgoing CEO James Quincey emphasized the need for Coca-Cola to drive revenue growth despite its strong market position during an October earnings call [7]
PRGO DEADLINE: ROSEN, A LONGSTANDING FIRM, Encourages Perrigo Company plc Investors to Secure Counsel Before Important Deadline in Securities Class Action – PRGO
Globenewswire· 2026-01-05 01:56
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Perrigo Company plc securities between February 27, 2023, and November 4, 2025, of the January 16, 2026, deadline to become a lead plaintiff in a class action lawsuit [1] Group 1: Class Action Details - Investors who bought Perrigo securities during the specified class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties must move the Court by January 16, 2026, to serve as lead plaintiff [2] - The lead plaintiff acts on behalf of other class members in directing the litigation [2] Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions [3] - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company and has been ranked highly for securities class action settlements since 2013 [3] - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering funds for clients [3] Group 3: Case Allegations - The lawsuit alleges that Perrigo made materially false and misleading statements regarding its infant formula business acquired from Nestlé, which suffered from underinvestment and required substantial capital expenditures [4] - It is claimed that there were significant manufacturing deficiencies in Perrigo's infant formula facility, leading to overstated financial results [4] - The misleading statements about Perrigo's business operations resulted in investor damages when the true details became public [4]
Perrigo Company plc Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky Before January 16, 2026 to Discuss Your Rights - PRGO
Prnewswire· 2026-01-02 14:00
Core Viewpoint - A class action securities lawsuit has been filed against Perrigo Company plc, alleging securities fraud that affected investors between February 27, 2023, and November 4, 2025 [1]. Group 1: Allegations of Fraud - The lawsuit claims that Perrigo's acquisition of the infant formula business from Nestlé was significantly underinvested in maintenance and operational improvements [2]. - It is alleged that Perrigo needed to incur substantial capital and operational expenditures beyond previously stated cost estimates to address issues in the infant formula business [2]. - The complaint points out significant manufacturing deficiencies in the facility related to the infant formula business [2]. - As a result of these issues, Perrigo's financial results, including earnings and cash flow, were reportedly overstated [2]. - The lawsuit asserts that the positive statements made by Perrigo regarding its business and prospects were materially misleading and lacked a reasonable basis [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until January 16, 2026, to request to be appointed as lead plaintiff [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and has extensive expertise in complex securities litigation [4]. - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].
Investors who lost money on Perrigo Company plc (PRGO) should contact Levi & Korsinsky about pending Class Action - PRGO
Globenewswire· 2025-12-29 21:27
Core Viewpoint - A class action securities lawsuit has been filed against Perrigo Company plc, alleging securities fraud that affected investors between February 27, 2023, and November 4, 2025 [1]. Group 1: Lawsuit Details - The complaint claims that Perrigo made false statements regarding its infant formula business acquired from Nestlé, which suffered from significant underinvestment in maintenance and operational improvements [2]. - It is alleged that Perrigo needed to incur substantial capital and operational expenditures beyond previously stated cost estimates to address issues in the infant formula business [2]. - The lawsuit points out significant manufacturing deficiencies in the facility for the infant formula business, leading to overstated financial results, including earnings and cash flow [2]. - As a result of these issues, the positive statements made by Perrigo about its business operations and prospects were materially misleading [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the relevant time frame have until January 16, 2026, to request to be appointed as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, with no obligation to participate [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has extensive expertise in complex securities litigation [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4].
ROSEN, NATIONALLY REGARDED INVESTOR COUNSEL, Encourages Perrigo Company plc Investors to Secure Counsel Before Important Deadline in Securities Class Action – PRGO
Globenewswire· 2025-12-28 22:16
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Perrigo Company plc securities between February 27, 2023, and November 4, 2025, of the January 16, 2026, deadline to become a lead plaintiff in a class action lawsuit [1] Group 1: Class Action Details - Investors who purchased Perrigo securities during the specified class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties must move the Court by January 16, 2026, to serve as lead plaintiff [2] - The lawsuit alleges that Perrigo made materially false and misleading statements regarding its infant formula business, including issues related to underinvestment, necessary capital expenditures, and manufacturing deficiencies [4] Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting its own achievements, including the largest securities class action settlement against a Chinese company [3] - The firm has been ranked No. 1 for securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions of dollars for investors [3] - In 2019, the firm secured over $438 million for investors, and its founding partner was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020 [3]
1 Reason I Am Never Selling This International ETF
The Motley Fool· 2025-12-27 12:09
Core Insights - The importance of diversification in investment portfolios is emphasized, suggesting that companies from various industries, sizes, and geographical locations should be included [1] - The Schwab International Equity ETF (SCHF) is highlighted as a beneficial addition for investors seeking international exposure [2] ETF Overview - The Schwab International Equity ETF comprises approximately 1,500 mid-cap and large-cap stocks from developed international markets, which are characterized by stable economies and mature financial markets [4] - The ETF's top ten represented countries include Japan (21.28%), the United Kingdom (12.26%), and Canada (10.76%), among others [6][5] Performance and Strategy - Investing in SCHF is viewed as a hedge against the U.S. economy, particularly during downturns or when U.S. stocks are perceived as overvalued [7] - As of December 22, SCHF has outperformed the S&P 500, with a return of nearly 29% compared to the S&P 500's 16% [8] Financial Metrics - SCHF has a current dividend yield of approximately 3.5%, which is significantly higher than the S&P 500 average of 2.7% and competitive with other dividend ETFs [10] - The ETF features a low expense ratio of 0.03%, making it an attractive option for long-term investors [10]
ROSEN, A LEADING NATIONAL LAW FIRM, Encourages Perrigo Company plc Investors to Secure Counsel Before Important Deadline in Securities Class Action – PRGO
Globenewswire· 2025-12-25 16:29
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Perrigo Company plc securities between February 27, 2023, and November 4, 2025, of the upcoming lead plaintiff deadline on January 16, 2026, for a class action lawsuit [1]. Group 1: Class Action Details - Investors who bought Perrigo securities during the specified class period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must file with the court by January 16, 2026 [2]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements, including the largest securities class action settlement against a Chinese company [3]. - The firm has consistently ranked in the top 4 for securities class action settlements since 2013 and recovered hundreds of millions of dollars for investors, including over $438 million in 2019 [3]. Group 3: Case Allegations - The lawsuit alleges that Perrigo made materially false and misleading statements regarding its infant formula business, including significant underinvestment in maintenance and the need for substantial capital expenditures [4]. - It is claimed that these misstatements led to overstated financial results, including earnings and cash flow, which misled investors about the company's operations and prospects [4].
Nestlé offloads Herta stake to joint-venture partner Casa Tarradellas
Yahoo Finance· 2025-12-23 16:26
Nestlé has sold its 40% stake in the Herta charcuterie business to Casa Tarradellas, giving full control to the Spanish food company. The Swiss food giant formed a partnership with Barcelona-based Casa Tarradellas in 2019 when the KitKat maker divested 60% of Herta to the group. In a brief statement today (23 December), Nestlé said the joint venture has come to an end. The financial terms for the sales of the remaining stake were not disclosed. As well as charcuterie marketed in Europe, the venture als ...
Perrigo Company plc Sued for Securities Law Violations - Contact The Gross Law Firm Before January 16, 2026 to Discuss Your Rights - PRGO
Prnewswire· 2025-12-22 09:00
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Perrigo Company plc regarding a class action lawsuit alleging that the company made materially false and misleading statements about its infant formula business, which was acquired from Nestlé, leading to overstated financial results [1]. Group 1: Allegations - The complaint alleges that the infant formula business suffered from significant underinvestment in maintenance, operational improvements, and repairs [1] - Perrigo needed to make substantial capital and operational expenditures beyond the company's stated cost estimates to remediate the infant formula business [1] - There were significant manufacturing deficiencies in the facility for the company's infant formula business [1] - As a result of these issues, the company's financial results, including earnings and cash flow, were overstated [1] - Defendants' positive statements about the company's business, operations, and prospects were materially misleading and lacked a reasonable basis [1] Group 2: Class Action Details - The class period for the lawsuit is from February 27, 2023, to November 4, 2025 [1] - Shareholders are encouraged to register for the class action by January 16, 2026, to potentially be appointed as lead plaintiff [2] - Once registered, shareholders will be enrolled in a portfolio monitoring software for status updates throughout the case [2]