NEW YORK, NY--(Marketwire - Nov 1, 2012) - For companies in the personal products industry, which includes The Procter & Gamble Co. and Avon Products Inc., the third quarter seems to have been mixed with some positive trends but a continued focus on cost reduction. The ongoing global macroeconomic uncertainty continues to weigh on consumer spending and volatile input costs, as well as unfavorable foreign currency fluctuations, are persistent headwinds. StBulls.com has initiated technical analysis on The Procter & Gamble Co. (
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Industry players seem to be investing heavily in cost saving initiatives, intended to bring down overhead spending, enhance efficiency and streamline manufacturing to generate savings. Many of these programs include reducing the workforce, in some cases by over 5,000 employees, while others are looking to divest or dissolve non-core assets. Read our technical analysis on The Procter & Gamble Co. by clicking on
On the plus side, the sluggish U.S. recovery continues to move forward and personal products companies are working hard to wow returning consumers with innovative new products. In the present environment, new brand and product innovation backed by strong marketing are crucial to growth in developed markets. Expansion into emerging markets is also an area which offers good potential for growth and has been attracting the attention of many in the industry. Investors looking for technical analysis on Avon Products Inc. are encouraged to use the link below
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