Friday, August 3, 2007

P&G not looking at big acquisitions: execs

(Reuters) - Chief Financial Officer Clayt Daley said P&G is more likely to sell businesses rather than buy businesses right now. He also said this year's earnings would be more volatile quarter to quarter as the company works on restructuring and other projects, such as bringing out concentrated versions of its laundry detergents.




Daley also said that raw material and energy costs should be up again this year.


Read more at Reuters.com Market News

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