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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Dan3 who wrote (93400)10/31/2007 9:09:32 AM
From: Smiling BobRead Replies (1) | Respond to of 306849
 
We have one manufacturer after another reporting strained margins due to higher commodities.
Ben will have a much harder time downplaying inflation's threat today.
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Kraft Foods 3Q Profit Drops
Wednesday October 31, 8:01 am ET
By Ashley M. Heher, AP Business Writer
Kraft Foods 3rd-Quarter Profit Falls 20 Percent on Year-Ago Gain, Investments, Dairy Costs
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P&G, Colgate Plan to Increase Prices
By Ellen Byron and Anjali Cordeiro
Word Count: 561 | Companies Featured in This Article: Procter & Gamble, Colgate-Palmolive, Kimberly-Clark
Pressured by high commodity costs, Procter & Gamble Co. and Colgate-Palmolive Co. said they would raise prices on consumer staples, even as the weaker dollar boosted their international results.

P&G's price increases will be particularly extensive, between 3% and 12% on goods including diapers, fabric softener and pet food. The maker of Tide and Pampers gave an anemic outlook for the current quarter, noting it was seeing some slowdown in the U.S. market as consumers are hit by high energy costs and the housing downturn.

But the positive impact of the lower U.S. dollar on overseas operations helped offset that ...

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