At The Motley Fool, we know our readers like to be informed. Here's a quick look at today's most relevant financial news, boiled down to what you need to know. In today's video, we cover the following:

  • Oshkosh (NYSE: OSK) faces a proxy battle with activist investor Carl Icahn, as he seeks to add six directors to Oshkosh’s board.
  • Procter & Gamble (NYSE: PG) reported revenue of $22.1 billion for its second quarter. However, the consumer goods giant lowered its forecast for fiscal 2012, joining rival Kimberly-Clark (NYSE: KMB).
  • 3M (NYSE: MMM) is reportedly facing a leadership struggle. The company’s directors are split on whether to keep current CEO George Buckley at the helm or find a replacement when his contract term expires next month. 
  • Ford (NYSE: F) benefited from a one-time tax gain, but the company’s bottom line was dragged down by losses in its European division.

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