Procter & Gamble Raises Outlook

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After the close of trading Tuesday, Procter & Gamble (PG ) said third-quarter and fiscal 2004 earnings per share would beat consensus estimates by 1 cent to 2 cents. The maker of Crest toothpaste and Tide laundry detergent, among other consumer products, also is raising its dividend to 50 cents, from 46 cents, and will split its stock 2-for-1.

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