The Procter & Gamble Co., Cincinnati, OH, reported its first quarter earnings increased 33%, beating Wall Street’s expectations on improved performance from its health care, beauty care, and fabric and home care businesses. The consumer products giant earned $1.46 billion, or $1.04 a share, in the quarter ended Sept. 30, up from $1.10 billion, or $.79 per share, a year ago.Excluding a $113 million after-tax expense for a corporate restructuring to reduce the work force and product lin...