Company News, Financial News

Procter & Gamble Raises Second Quarter Outlook

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By: TOM BRANNA

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Procter & Gamble executives said the company has raised its estimated earnings a share growth for the second quarter of 2002, behind higher operating margin growth, versus previous guidance. Volume is expected to grow in the high single digits, beehind strong performance by the health care business unit and continued strength in developing markets, company executives said. The net impact of acquisitions and divestitures should contribute less than 1% to volume growth during the quarter. S...

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