Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Businessweek Archives

A Clean Sweep


In Business This Week: CLOSING BELL

A CLEAN SWEEP

A safe stock, yes. But Procter & Gamble is rarely flashy. Since September, though, shares have jumped 20%. One reason: solid profits. On Oct. 25, P&G said net income was up 13%, to $896 million. On Nov. 1, Chairman John Pepper will meet with analysts. Some expect word on how P&G will use its huge cash flow. Investors looking for a huge stock buyback probably will be let down. But "how they redeploy that is going to be critical," says Jay Freedman at P&G holder Lincoln Capital Management.EDITED BY KEITH H. HAMMONDS


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus