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DewDiligence

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DewDiligence

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Re: DewDiligence post# 4386

Friday, 02/24/2012 4:07:29 PM

Friday, February 24, 2012 4:07:29 PM

Post# of 30546
PG investors love cost-cutting, evidently. The stock is +4% (a big move for such a “bond proxy” stock) since yesterday morning’s announcement of 4,100 additional job cuts in FY2013—over and above the 1,600 layoffs previously announced for the current fiscal year:

http://online.wsj.com/article/SB10001424052970203918304577241451870645894.html

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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