date:Jul 23, 2014
ash was largely spent to boost global marketing, the company said.
We remain focused on the work required to return our business to the level of sustainable growth we and our shareowners expect, Kent said in the statement.
Net income fell 3 per cent to $2.6 billion, or 58 cents a share, from $2.68 billion, or 59 cents, a year earlier, Excluding some items, earnings were 64 cents a share, compared with a 63-cent average of 19 analysts estimates compiled by Bloomberg.