Financial News

P&G Gets No Charge From Batteries

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By: TOM BRANNA

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Procter & Gamble said its first quarter results met expectations, as reported sales were flat at $20.8 billion and core earnings rose 2%. “P&G’s first quarter results were in-line with our expectations, despite a very difficult operating environment,” said chairman, president and chief executive officer A.G. Lafley. “This keeps us on-track to deliver our fiscal year commitments.” By category, beauty, hair, and personal care segment organic sales were unchanged as pricing benefits...

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