MARKET TALK: Reckitt Benckiser 2Q Beats Expectations - Shore

26th Jul 2010 08:02

0702 GMT [Dow Jones] Reckitt Benckiser (RB.LB) 2Q "slightly ahead" of Shore Capital's forecast, says analyst Darren Shirley. Says the core business has modestly outperformed, driven by emerging markets. Europe is still suffering from increased competition, particularly from Proctor & Gamble (PG). See no change to full-year forecasts and reiterates buy stance. Shares -0.5% at 3320p. ([email protected]) Contact us in London. +44-20-7842-9464 [email protected] (END) Dow Jones Newswires July 26, 2010 03:02 ET (07:02 GMT)