Advertisement
HomeCollectionsDuracell
IN THE NEWS

Duracell

FIND MORE STORIES ABOUT:
FEATURED ARTICLES
BUSINESS
By BLOOMBERG BUSINESS NEWS | December 31, 1996
BOSTON -- Gillette Co. and Duracell International Inc. shareholders approved Gillette's purchase of the battery maker yesterday for about $7.82 billion in stock and debt.The transaction is set to be completed at the close of business tomorrow. Duracell shareholders will get 0.904 of a Gillette share for each Duracell share they hold.The purchase adds Bethel, Conn.-based Duracell's copper-top batteries to Boston-based Gillette's line of consumer products, which includes Braun shavers, Parker pens and Right Guard deodorant.
ARTICLES BY DATE
BUSINESS
By DAVID ZEILER | August 23, 2007
The other day I saw something that caught my attention: a 16-pack of Duracell AA batteries with a free set of white earbuds. That may not seem particularly unusual, but the earbuds appear to be replicas of those issued with Apple's iPods. The earbuds are shaped exactly the same and have the same gray-shaded plastic around the earpieces. Each earpiece also has six small vent holes on the outer shell. But a closer inspection reveals minor discrepancies. The small circular "L" and "R" labels are gray on the iPod earbuds, black on the Duracell pair.
Advertisement
BUSINESS
By BLOOMBERG BUSINESS NEWS | September 17, 1996
NEW YORK -- The Securities and Exchange Commission yesterday sued unidentified purchasers of Duracell International Inc. securities, accusing them of insider trading.The SEC said the trades occurred in the two days before the battery maker's announcement Sept. 12 that it would be acquired by Gillette Co. Agency officials said they expect to learn soon who the investors were.The burst in trading in Duracell call options, which gained value as Duracell stock rose, left the clear impression that someone profited from advance knowledge of the acquisition, the SEC said.
NEWS
February 11, 1997
John and Joseph Verde of Gambrills are finalists in the 15th Annual Duracell/National Science Teachers Association Scholarship Competition.The brothers, who attend Arundel High School, invented battery-powered devices, two of 100 inventions that will be submitted for final judging.John, a senior, invented "Jar-O-Matic." Joseph, a sophomore, invented "Temp-Safe."Forty-one first- through fourth-place winners will be named in early April. All 100 finalists are eligible to win at least a $100 savings bond and compete for the first prize of a $20,000 savings bond and for five second-place $10,000 bonds.
BUSINESS
By BLOOMBERG BUSINESS NEWS | September 13, 1996
BOSTON -- Gillette Co. said it will buy battery maker Duracell International Inc. for about $7.83 billion in stock and debt, its boldest move yet to dominate the world's supermarket shelves and checkout lines.The purchase, equal to $59.66 a share, is part of Chairman Alfred Zeien's five-year drive to turn Gillette from a razor maker into a global powerhouse with products such as Right Guard deodorants, Braun shavers and Parker pens.Boston-based Gillette expects to use its deep pockets and marketing muscle to stock stores worldwide with Duracell's copper-topped batteries.
BUSINESS
By DAVID ZEILER | August 23, 2007
The other day I saw something that caught my attention: a 16-pack of Duracell AA batteries with a free set of white earbuds. That may not seem particularly unusual, but the earbuds appear to be replicas of those issued with Apple's iPods. The earbuds are shaped exactly the same and have the same gray-shaded plastic around the earpieces. Each earpiece also has six small vent holes on the outer shell. But a closer inspection reveals minor discrepancies. The small circular "L" and "R" labels are gray on the iPod earbuds, black on the Duracell pair.
NEWS
February 11, 1997
John and Joseph Verde of Gambrills are finalists in the 15th Annual Duracell/National Science Teachers Association Scholarship Competition.The brothers, who attend Arundel High School, invented battery-powered devices, two of 100 inventions that will be submitted for final judging.John, a senior, invented "Jar-O-Matic." Joseph, a sophomore, invented "Temp-Safe."Forty-one first- through fourth-place winners will be named in early April. All 100 finalists are eligible to win at least a $100 savings bond and compete for the first prize of a $20,000 savings bond and for five second-place $10,000 bonds.
BUSINESS
By BLOOMBERG BUSINESS NEWS | October 21, 1996
NEW YORK -- Illegal insider trading costs investors millions of dollars a year by inflating the cost of mergers and acquisitions, according to a Harvard Business School study. Between 1974 and 1990, bidding companies paid an extra $4 billion as a result of trading on information unavailable to the public, according to the study by Lisa Meulbroek, a Harvard University finance professor."Insider trading is tremendously costly for the bidding companies," Meulbroek said.Insider trading could even drive up the stock price so much that the takeover would no longer be practical, Meulbroek said.
NEWS
By TaNoah V. Sterling and TaNoah V. Sterling,SUN STAFF | April 9, 1996
Jewel and John Verde have gotten used to bright lights flashing behind their Gambrills home and buzzing sounds coming from the bathroom. It's only their son, John Jr., perfecting one of his inventions.The 16-year-old Arundel High School junior's knack for fiddling has paid off.John won third place and a $1,000 savings bond in a contest sponsored by Duracell, the battery company, and the National Science Teachers Association for an invention that pages people to let them know someone is at the door.
FEATURES
By Knight-Ridder News Service | October 14, 1992
MIAMI -- All play is hard work for kids. Just ask Latasha Hunter.The 5-year-old kindergarten student is one of 30 children at Miami's West Little River Elementary School participating in the fifth annual Duracell Kids' Choice National Toy Survey.Their mission: Play with 30 new toys that will be available this Christmas and rate the top 10. It is a big responsibility."It's important," Latasha said. "People can get a lot of ideas for their children."That's exactly the hope of Duracell executives.
BUSINESS
By BLOOMBERG BUSINESS NEWS | December 31, 1996
BOSTON -- Gillette Co. and Duracell International Inc. shareholders approved Gillette's purchase of the battery maker yesterday for about $7.82 billion in stock and debt.The transaction is set to be completed at the close of business tomorrow. Duracell shareholders will get 0.904 of a Gillette share for each Duracell share they hold.The purchase adds Bethel, Conn.-based Duracell's copper-top batteries to Boston-based Gillette's line of consumer products, which includes Braun shavers, Parker pens and Right Guard deodorant.
BUSINESS
By BLOOMBERG BUSINESS NEWS | October 21, 1996
NEW YORK -- Illegal insider trading costs investors millions of dollars a year by inflating the cost of mergers and acquisitions, according to a Harvard Business School study. Between 1974 and 1990, bidding companies paid an extra $4 billion as a result of trading on information unavailable to the public, according to the study by Lisa Meulbroek, a Harvard University finance professor."Insider trading is tremendously costly for the bidding companies," Meulbroek said.Insider trading could even drive up the stock price so much that the takeover would no longer be practical, Meulbroek said.
BUSINESS
By BLOOMBERG BUSINESS NEWS | September 17, 1996
NEW YORK -- The Securities and Exchange Commission yesterday sued unidentified purchasers of Duracell International Inc. securities, accusing them of insider trading.The SEC said the trades occurred in the two days before the battery maker's announcement Sept. 12 that it would be acquired by Gillette Co. Agency officials said they expect to learn soon who the investors were.The burst in trading in Duracell call options, which gained value as Duracell stock rose, left the clear impression that someone profited from advance knowledge of the acquisition, the SEC said.
BUSINESS
By BLOOMBERG BUSINESS NEWS | September 13, 1996
BOSTON -- Gillette Co. said it will buy battery maker Duracell International Inc. for about $7.83 billion in stock and debt, its boldest move yet to dominate the world's supermarket shelves and checkout lines.The purchase, equal to $59.66 a share, is part of Chairman Alfred Zeien's five-year drive to turn Gillette from a razor maker into a global powerhouse with products such as Right Guard deodorants, Braun shavers and Parker pens.Boston-based Gillette expects to use its deep pockets and marketing muscle to stock stores worldwide with Duracell's copper-topped batteries.
NEWS
By TaNoah V. Sterling and TaNoah V. Sterling,SUN STAFF | April 9, 1996
Jewel and John Verde have gotten used to bright lights flashing behind their Gambrills home and buzzing sounds coming from the bathroom. It's only their son, John Jr., perfecting one of his inventions.The 16-year-old Arundel High School junior's knack for fiddling has paid off.John won third place and a $1,000 savings bond in a contest sponsored by Duracell, the battery company, and the National Science Teachers Association for an invention that pages people to let them know someone is at the door.
BUSINESS
By BLOOMBERG BUSINESS NEWS | January 6, 1996
NEW YORK -- U.S. stocks were mixed yesterday as profit warnings from Adobe Systems Inc. and Duracell International Inc. combined with pessimism that the federal budget impasse will be resolved soon.Investors spent most of the day concerned that White House and Congressional negotiators were unable to resolve the budget impasse, driving the Dow Jones industrial average down as much as 40.1 points.Whipsawed by events in Washington, the average later rose 7.59 to 5,181.43 after the House of Representatives voted to recall furloughed federal workers and reopen government offices.
BUSINESS
By BLOOMBERG NEWS | August 23, 2000
BOSTON - Gillette Co., the world's largest maker of razors and blades, has agreed to sell its Paper Mate, Parker and Waterman pen businesses, after their sales and profit fell last year, to Newell Rubbermaid Inc. Terms weren't disclosed. The maker of Mach3 razors and Duracell batteries said the sale includes its Liquid Paper correction-fluid unit. The acquisition is the largest by Newell, which makes office products including Berol pens, since the company bought Rubbermaid Inc. in March 1999 for $6 billion.
Baltimore Sun Articles
|
|
|
Please note the green-lined linked article text has been applied commercially without any involvement from our newsroom editors, reporters or any other editorial staff.