At The Motley Fool, we know our readers like to be informed. Here's a quick look at today's most relevant financial news, boiled down to what you need to know. In today's video, we cover the following:
(NYSE: OSK)faces a proxy battle with activist investor Carl Icahn, as he seeks to add six directors to Oshkosh’s board.
- Procter & Gamble
(NYSE: PG)reported revenue of $22.1 billion for its second quarter. However, the consumer goods giant lowered its forecast for fiscal 2012, joining rival Kimberly-Clark (NYSE: KMB).
(NYSE: MMM)is reportedly facing a leadership struggle. The company’s directors are split on whether to keep current CEO George Buckley at the helm or find a replacement when his contract term expires next month.
(NYSE: F)benefited from a one-time tax gain, but the company’s bottom line was dragged down by losses in its European division.
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