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Friday, January 27, 2012

BREAKING NEWS: P&G 2Q Profit Tops Estimates, Revenue Slightly Short

Procter & Gamble posted a fiscal second-quarter core profit of $1.10 per share on sales of $22.14 billion. Wall Street forecast the consumer products company to earn $1.08 on $22.19 billion. The company's full-year view came in short of expectations. Shares were lower in pre-market trading.


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