Procter & Gamble (PG +3.1%) CFO Jon Mueller tips off on an earnings CC (webcast) that the...

|About: The Procter & Gamble Company (PG)|By:, SA News Editor

Procter & Gamble (PG +3.1%) CFO Jon Mueller tips off on an earnings CC (webcast) that the firm is using promotional activity to preserve market share with blades and razors- two categories with typically lush margins. He also says P&G will roll back its price increase on powder detergents after seeing sales slump. (call transcript)