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Midday Movers: Drug Wars Claim Another Victim -- Procter & Gamble's Stock Price

 

Friday during earnings season is sort of akin to a bye week in the NFL. Sometimes it just seems that it'll never come.

With the majority of this week's earnings in the can and another fun week to come (take our word for it, it'll be fun!), the action has somewhat slowed going into the weekend.

Procter & Gamble (PG Quote) dropped 6 9/16, or 5.8%, to 106 after The Wall Street Journal reported that its board intends to meet by phone to discuss the possibility of acquiring Warner-Lambert (WLA Quote) and American Home Products (AHP Quote), citing people familiar with the situation. Warner-Lambert slipped 15/16 to 92 13/16 and American Home Products added 3/4 to 46 7/8. ...

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