NEW YORK—Procter & Gamble Co. delivered a message to activist investor and freshly minted board member Nelson Peltz: Things aren’t that bad. The company reported second-quarter profit that topped analysts’ estimates, providing evidence that its turnaround is progressing. But Peltz and like-minded investors may need more convincing. Article Continued BelowP&G’s biggest challenge is proving that it can remain relevant in an era of niche consumer brands and Amazon.com orders. After a dispute over whether Peltz won enough votes to be elected, P&G agreed to add him to the board in December.

Source: thestar January 23, 2018 19:41 UTC