UPDATE: Procter & Gamble Posts Better-Than-Expected Q2 Profit
January 24, 2014 at 07:55 AM EST
Procter & Gamble Co (NYSE: PG ) reported a 16% fall in its second-quarter net profit. Procter & Gamble's quarterly profit declined to $3.43 billion, or $1.18 per share, from a year-ago profit of $4.06 billion, or $1.39 per share. Its core earnings fell to $1.21 per share. Its