Western companies with iconic brands like Coca-Cola that exit Russia face years of battling knockoffs and unauthorized imports clamoring to fill the void they leave behind, a risky bid as courts show little sympathy for firms that depart. Companies pulled back from Russia this spring after Moscow sent thousands of troops into Ukraine, in response to investor and public pressure. They are defending their trademarks to protect their brands from losing value, and in case they ever return to the country, intellectual property lawyers said.
Procter & Gamble Co will take steps aimed at reducing potential harm to forests from its purchases of wood pulp for toilet paper and other consumer goods, after being pressured by environmentalists and investors for more sweeping changes. P&G will aim to end buying pulp, a key ingredient in its top-selling Charmin toilet paper, from certain forests in Canada and develop a plan to reduce purchases of the raw material from other swaths of woodland, according to an agreement the consumer products company made with an investor last month. P&G faces scrutiny from environmental non-profits and some investors in part because it lags its publicly-traded peers in using recycled paper and fibers in household staples like toilet paper.
Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) is famous for not paying dividends. The logic is simple: Warren Buffett and his team believe they can put the capital that would have been distributed via dividends to better use and compound it over time.