P&G tops earnings and sales estimates after hiking prices

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P&G delivers another better-than-expected quarter.

Shares of the consumer products giant rose slightly in pre-market trading on Wednesday amid better-than-expected fiscal first quarter results.

P&G reiterated its fiscal year profit outlook in a range of $6.25 to $6.43. The company sees an $800 tailwind from lower commodities costs. Canada's annual inflation rate edged down in September, increasing 3.8 per cent compared to a 4 per cent increase in August.Now Is the Time to Buy These Financial Stocks

 

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