http://www.stockmarketfunding.com Is Colgate-Palmolive a Takeover Candidate? $1.3B Massive Options Purchase 8.49% of the Float! We saw massive options volume on the CL January 2012 $60 which is deep in the money, the last trade was $31.55 closing up 1.51% on 411,001 contracts traded.
To put this trade into perspective for the average person, the average weekly volume of this contract over the past 133 trading weeks is 1,019 contracts. So with 411,001 contracts traded vs the weekly average volume of 1,019, today's DAILY VOLUME is 40,233% above the weekly volume
Colgate-Palmolive (CL) Options Volume Sees a Massive Increase On Takeover Speculation. Shares of Colgate-Palmolive Co. (NYSE: CL) traded slightly lower to $91.62 0.56 down (0.61%)
Colgate-Palmolive Company, together with its subsidiaries, manufactures and markets consumer products worldwide. It offers oral care products, including toothpaste, toothbrushes, and mouth rinses, as well as dental floss and pharmaceutical products for dentists and other oral health professionals; personal care products, such as liquid hand soap, shower gels, bar soaps, deodorants, antiperspirants, shampoos, and conditioners; and home care products comprising laundry and dishwashing detergents, fabric conditioners, household cleaners, bleaches, dishwashing liquids, and oil soaps. The company offers its oral, personal, and home care products under the Colgate Total, Colgate Max Fresh, Colgate 360°, Colgate, Colgate Plax, Palmolive, Softsoap, Irish Spring, Protex, Speed Stick, Lady Speed Stick, Caprice, Ajax, Fabuloso, Murphys, Suavitel, Soupline, Mennen, Sorriso, Kolynos, Elmex, Toms of Maine, and Axion brand names to wholesale and retail distributors. It also provides pet nutrition products for dogs and cats. The company markets its pet foods through pet supply retailers and veterinarians for everyday nutritional needs under the Hills Science Diet brand name; and a range of therapeutic products through veterinarians and pet supply retailers to manage disease conditions in dogs and cats under the Hills Prescription Diet brand name. The company was founded in 1806 and is headquartered in New York, New York.
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