Home>Topics>>Procter & Gamble (PG) cuts its earnings outlook for the current quarter and full-year 2013, and expects to post one-time charges of $200M-$275M, or ~$0.07-$0.09/share, due to Venezuela's surprise ...
Procter & Gamble (PG) cuts its earnings outlook for the current quarter and full-year 2013, and expects to post one-time charges of $200M-$275M, or ~$0.07-$0.09/share, due to Venezuela's surprise ...
SeekingAlpha.com: SA Currents
Thu, 14 Feb 2013
Procter & Gamble ( PG ) cuts its earnings outlook for the current quarter and full-year 2013, and expects to post one-time charges of $200M-$275M, or ~$0.07-$0.09/share, due to Venezuela's surprise currency devaluation. PG says it also expects the new exchange rate to affect other transactions, ...
Morningstar's Lauren DeSanto thinks that P&G's scale and investment in product development will allow it to serve consumers regardless of the economic backdrop.
Large-cap firms like Coke and P&G aren't the massive bargains they were in the downturn, but they still look attractive in light of their safety, dividend yields, and competitive advantages.