Consumer products titan Procter & Gamble (NYSE: PG) has upped its earnings forecast for its first quarter, expecting a growth rate in the mid-teens, percentage-wise, over year-ago levels. Driving this rosy outlook is continuing strength in the company's health-care business and developing markets. P&G's brand names include Cheer, Bounty, Pampers, Crest, Tide, Cascade, and Secret.