P&G Reports Better Results As It Fends Off Activist Challenge
Procter & Gamble, seeking to fend off a challenge from activist investor Nelson Peltz, Thursday pointed to better-than-expected earnings as evidence its makeover of the consumer products giant is on track. P&G reported increased profits in the just-finished quarter and projected higher sales in fiscal 2018, a contrast to the sluggish sales of recent years. … Read more