Procter & Gamble (PG) and Kellogg (K) Shares Fall

Although, Procter & Gamble (NYSE: PG) reported strong earnings results, its shares are falling because a slow down in consumer spending could harm the company's profits going forward.

Also, Kellogg (NYSE: K) shares fell yesterday Kellogg warned for 2008. Kellogg said rising commodity prices, specifically corn will hurt its profit margins.

The Procter & Gamble Company, together with its subsidiaries, manufactures and sells various consumer products worldwide.

Kellogg Company and its subsidiaries engage in the manufacture and marketing of ready-to-eat cereal and convenience foods worldwide.

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