The DJIA could collapse after The Procter & Gamble Company (NYSE: PG) poor earnings

P & G quarterly profit fell by 12%, the DJIA could drop

In brief: The Procter & Gamble Company (NYSE: PG) shares are losing the price very sharply today as the Dow Jones Industrial Average goes into the red.

The Procter & Gamble Company (NYSE: PG) up 62.06 points, gaining +0.90 up to the U.S. stock market trading yesterday. Pre-market for Procter & Gamble Co closed in the red zone: 59.90 (-3.48%). Dow Jones Industrial Average may go into the red zone against the background of several blue chips fall.

The DJIA is 10,674.38 points at the opening. So the bad news: The world’s largest producer of consumer products Procter & Gamble said that profit in the fourth quarter of fiscal year decreased by 12% to $ 2.19 billion, or 71 cents a share, while analysts expected earnings at 73 cents one paper. At the same time revenue increased by 4.7% to $ 18,9 billion Representatives of P & G expects earnings (excluding certain items) will be in the first quarter with the end of September for about $ 1.01 per share, compared with $ 1.05 for paper, predicted by analysts.

Anrey Torbinski
2010-08-03 12:43, Economics.

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5 comments к “The DJIA could collapse after The Procter & Gamble Company (NYSE: PG) poor earnings”

  1. Fred Says:

    What kind of total foreign garbage article is this? This is crap folks. Traders trying to drive the market like it is a car.

  2. idiots in charge Says:

    may I recommend a book “english for idiots”

    The sky is falling the sky is falling the sky is

  3. Bullwinkle J. Moose Says:

    корова Мама могла б написати краще статті.

  4. Mary rutz Says:

    What kind of BS is this?????

  5. ryan Says:

    Revenues increased…means more people are spending..

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