P&G forecasts profit below Street, shares drop By

By Jessica Wohl (Reuters) - Procter & Gamble Co on Wednesday forecast current-quarter profit below Wall Street expectations and year-ago levels, sending shares 3.5 percent lower in early trading. The world's largest household products maker also posted fiscal third-quarter profit that topped estimates despite sales that were weaker than both the company and analysts had anticipated. P&G has been trying to reinvigorate itself under Chief Executive Bob McDonald. ...