AP - Procter & Gamble Co.'s fourth-quarter net income fell 12 percent, while sales rose as the maker of Tide and Pampers stepped up marketing and new product development.
Procter & Gamble Co.'s fourth-quarter net income fell 12 percent, while sales rose as the maker of Tide and Pampers stepped up marketing and new product development.
ByProfit Fan:Procter & Gamble (PG) is set to release its 3rd quarter 2012/13 earnings results on Wednesday, April 24th, at 8:30 am ET. Below I have provided an update of the quarter as well as an overview of earnings expectations.
Profile and Estimates
Procter & Gamble announced higher than expected profits in fiscal Q2. Canadian province Alberta with $6 billion shortfall in revenue, due to low oil prices. In the US the amount of unclaimed money currently outnumbers $58 billion.
Jarred Cummans submits:With midterm elections around the corner, the entire nation is sitting on the edge of their seats, awaiting what some believe will be a major shift in the political balance of power in the halls of Congress. Depending on how elections pan out, stocks could see a number of different reactions, making next Tuesday an important day for politics and markets alike.