Replies to post #4386 on The Rising Influence of Rising Affluence

[DewDiligence]

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