P&G Fabric Care Forms New Strategic Partnerships and 2 Other Dow Movers to Watch
Procter & Gamble Co. (NYSE:PG): Current price $77.31
On Thursday, Procter & Gamble’s Fabric Care category, including the flagship brands Tide, Downy, Gain, and Bounce, announced its entrance into a series of strategic global and national fashion partnerships, with the British designer Giles Deacon, fabric and textiles show and trends observer Première Vision, and the Council of Fashion Designers of America. The Procter & Gamble collaboration is aimed at exploring the future of fabrics and also the science behind the beauty and care of clothes. By working jointly with leaders in the fashion industry, Procter & Gamble Fabric Care will gain insights that will help transform its approach to product innovation, and create laundry care products which optimize clothing in beauty and performance.
Cisco Systems Inc. (NASDAQ:CSCO): Current price $22.92
LSI Corporation, which creates semiconductor designs that accelerate storage and networking, announced Thursday that it has received the 2013 Supplier of the Year award from Cisco. This award recognizes LSI for exhibiting consistent and relentless excellence in quality, tech, flexibility, and support of Cisco’s several initiatives in the spirit of true partnership. The distinction was bestowed during Cisco’s 22nd Annual Supplier Appreciation Event, held September 17 at the Santa Clara Convention Center.
3M Co. (NYSE:MMM): Current price $118.74
3M Library Systems makes the 3M Cloud Library eBook Lending System more beneficial for participating libraries with a new Buy and Donate feature backed by Kobo, a global player in eReading. The new program allows libraries the option to add a Buy and Donate button to their 3M Cloud Library website. When users click the button, they will be taken to the Kobo Bookstore to complete their digital book purchases. For its part, 3M will donate a portion of sales to the library for use in acquiring additional eBooks from the 3M Cloud Library.
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