P & G, Colgate Beat Street’s Expectations
30 Apr
This is positive news for the economy because even though both companies raised prices, people continued to consume the higher priced brands of these two top-tier consumer products companies. Typically in a recession consumers flee higher priced brand names for the lower costs of generic and store brands. Read the full story here:
http://www.reuters.com/article/businessNews/idUSN3050453920090430?feedType=RSS&feedName=businessNews
