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August 24, 2005
By: TOM BRANNA
Editor
Procter & Gamble Co. (P&G) shares edged higher Monday after an article in Barron’s called the stock a steal ahead of its merger with consumer products giant Gillette Co. P&G shares gained 75 cents, or 1.4 percent, to $55.29 in afternoon trading on the New York Stock Exchange. The shares are about 4 percent off their 52-week high of $57.40, but well above their year-low of $50.53. The company gained after a portfolio manager said P&G shares are trading at a 30% 40...
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