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3XSQ: Procter & Gamble second-quarter profit 'crests'

Friday, January 25, 2013 - 03:28

Jan 25 - Procter & Gamble's quarterly profit soared past expectations as the world's largest household products maker used higher prices and new products to reignite growth in sluggish markets.

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Ahead a fan of profit at Procter gamble and it is the greatest shape it's classic rock later this ago. Of the three Times Square this Friday from Reuters world headquarters in New York. Higher prices and new products helping Procter & Gamble. The Dow component posting it profit that far exceeded expectations. The maker of tide Pampers and bounty paper towels also raised its earnings forecast for 2013. So much for activist investor bill -- complaints about its growth. Shares hit a 52 week high of 799. Last month and are now up about 72. Starbucks also growing success strong sales in the US helping to copy -- match profit forecast. It also maintained its earnings guidance for the full year -- -- competitor that her recent now also often a good start. Starbucks sold 150000. Up the single cup coffee maker in the water. Shares traded near 57 in premarket and are now at about the same. Our daily -- 700000. That's the number of Smartphones Samsung sold each day last quarter. All those galaxy devices helping the company post a record profit. It plans to keep its capital expenditures at 2012 levels as demand for its computer chips and Smart. Sounds familiar. Of course apple dealing with that too is also dealing with labor issues and it's suppliers. Audits revealed multiple cases of underage workers discrimination and weight problems at plants in Asia. Morgan Stanley also dealing with issues in its case declining profits which leads us to this. We discuss a power player of the day but today it's not. A power player. We're talking about Morgan Stanley CEO James Gorman his pay more than two million dollars to six million with no cash bonus according to a source. JPMorgan's Jamie -- suffered a similar cut but still made twelve million. While Goldman's Lloyd Blankfein -- his paid job 50%. Those guys may have a lot of cool plane but they don't have this. A 1794. Silver dollar sold for a record ten million dollars at auction on Thursday. Keep blowing hair silver dollar more than double the previous record sale of a point of just over four million back in 1999. -- 79 Ford George Washington was president and the first American dollar was made this point -- -- of those and overseen. And finally what's scarier than one crocodile on the loose how about 151000. That's how many escape from a crocodile farm in South Africa near the border. Botswana when heavy rains and -- -- in the area. Their child actually had a bit of help from their human can't figure it out -- on openly -- on purpose and it isn't rushing water crops the crops. Only half of the fifty. I've been captured. And return to. That is the latest -- have witnessed Friday you can follow us on Twitter at Reuters Insider get our winners yes athletic dot com. Slash Reuters TV I'm Lisa Bernhard this is right.

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3XSQ: Procter & Gamble second-quarter profit 'crests'

Friday, January 25, 2013 - 03:28

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