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P&G Updates Fiscal Year 2010 and First Quarter Outlook

Sees return to organic sales growth in 2Q.

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By: TOM BRANNA

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While presenting at an institutional investor conference in Boston, The Procter & Gamble Company (P&G) confirmed its fiscal year 2010 and July – September quarter outlook for organic sales growth. The company also stated it expects to return to organic sales growth in the October – December quarter compared to prior year levels, following two quarters of organic sales declines. “We acted with urgency to protect the structural economics of our business last year, an...

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