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P&G lowers quarterly guidance
CINCINNATI — Procter & Gamble has issued more conservative guidance for its quarter ending in June and unveiled preliminary guidance for fiscal year 2013.
Speaking at the Deutsche Bank Global Consumer Conference in Paris, P&G board chairman, president and CEO Bob McDonald said, "We are making the necessary adjustments to our growth strategy to increase focus on our core business and to achieve more balanced growth across geographies, product categories and the top and bottom lines."
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Maryland Live! Casino opens at Arundel Mills
Hanover, Md. -- Simon Property Group said that Maryland Live! Casino has opened at its Arundel Mills outlet, value retail, dining and entertainment destination in Hanover, Md.
The new $500 million gaming and entertainment destination was developed by Baltimore-based real estate developers and casino operators, The Cordish Cos.