Colgate-Palmolive Co (CL.xnys)

Colgate-Palmolive Co (CL.xnys)

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Colgate-Palmolive Co (CL.xnys) Profile

Colgate-Palmolive Co (CL.xnys) is a global consumer products company headquartered in New York City, America. The company provides household, health care, personal care, food products, and veterinary products. Colgate-Palmolive Co has offices in many countries, including Brazil, Belgium, Australia, Argentina and sells its products in 194 countries and territories under 54 brand names as Colgate, Palmolive, Ajax, Mennen, Suavitel and Fab, Soupline as well as Hill’s Science Diet, Hill’s Prescription Diet pet foods and more. The company’s on-the-ground operations are in 80 countries around the world and employs 34,200 people. Colgate-Palmolive Co stock (CL.xnys) is listed on the New York Stock Exchange (NYSE), had a market capitalisation of $69.19B (USD) as of December 2021 and a $16.5B in 2020 yearly revenues. Colgate-Palmolive has signed a memorandum of understanding with Shopee, the e-commerce arm of Southeast Asian tech giant Sea Group in order to grow its digital commerce business by more than 20x across Southeast Asia and Taiwan by 2025.

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Trading hours in US Eastern Time

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Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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