Posted: 10/09/2007
Procter and Gamble held its Annual Shareholder meeting downtown Tuesday morning.
Plenty of good news awaited those with a financial interest in the company.
What typically isn't on the positive, however, were the protests beforehand.
There were a few PETA petitioners waging their "stop cruel animal tests" campaign outside the meeting.
PETA was petitioning against P&G's Dayton lab that tests IAMS products on 700 dogs and cats.
As for the meeting itself, hundreds of shareholders filled the Aronoff Center and listened as the promising numbers were revealed.
P&G's stock has been the rise, up about 15 percent in the last three months alone, and it set a record last week, trading at an all-time high.
The company's net sales have risen 12 percent, and earnings per share have increased to 15 percent, far exceeding its 10 percent target.
These are all good signs for the Cincinnati-based organization, which is also focused on growth through innovation.
Copyright 2007 The E.W. Scripps Co. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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