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Thursday, September 25, 2014

Clorox Leaves Venezuela, But Keeps Outlook



Investor's Business Daily - Investing RSS http://ift.tt/1xoeL1W Demand from consumers isn't the only uncertainty companies face. Sometimes a firm can face hurdles in foreign countries where it does business. For Clorox (CLX), it's cleaning up and moving on from unfavorable conditions in Venezuela. On Monday, the company announced it would shutter operations in the South American country and sell its assets. Clorox has been selling its products at a loss due to government price restrictions, as well as huge


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