Procter & Gamble (PG) Down on Downbeat Outlook

Procter & Gamble Co. PG shares swooned 4% to $77.43. The company posted a better-than-expected profit of $521 million, or 18 cents a share, but the consumer-products giant missed on revenue and provided a downbeat outlook for its fiscal 2016 earnings. Share volume was 3.5 million, compared to an all-day average of 2.4 million