Saturday, April 28, 2012

Procter & Gamble 3Q net income slips

FILE - This Aug. 2, 2010, file photo, shows the Procter & Gamble Co. headquarters building in Cincinnati. Procter & Gamble Co. said Friday, April 27, 2012, its third-quarter net income slipped 16 percent as price increases and an uptick in revenue did not offset high costs for raw material and others related to a restructuring. (AP Photo/Al Behrman, File)Procter & Gamble Co. said Friday that it is rolling back some price increases and focusing on introducing new products in developed markets as the world's largest consumer product maker seeks to reignite market share growth.


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