P&G Has Topped Out for Now — Heard on the Street
Provided by Dow Jones By Aaron Back Everything is going Procter & Gamble's way. Investors should ask whether this is as good as it gets for a while. The consumer-products giant on Wednesday reported excellent earnings for the three months through December. Organic sales, which adjust for currency fluctuations, acquisitions and divestitures, rose 8% from a year earlier. The company raised its sales guidance for the full fiscal year ending in June to a range of 5% to 6% growth from 3% to 4% previously and boosted its share-buyback plans. The maker of Tide de...