One of billionaire investor Warren Buffett's biggest mistakes was not buying shares of Microsoft (NASDAQ: MSFT) in the company's early years. Microsoft is one of the safest growth stocks you can buy and it normally has no problem outperforming the markets. It's an incredible performance for the stock but with Microsoft being a hugely profitable business (its net margins are north of 30%) and always finding new ways to grow, its success shouldn't be too big of a surprise. Read More...
American City Business Journals
P&G to acquire Mielle Organics
Procter & Gamble announced Jan. 11 it will acquire Mielle Organics, a popular textured hair care brand. P&G (NYSE: PG) said the move expands access to healthy hair produts and services for Black women around the world. Mielle Organics, founded in 2014 by wife-and-husband duo Monique and Melvin Rodriguez, is a leading brand for consumers with textured hair.
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