Molson Coors Net Rises on Tax Benefit
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The brewer said fourth-quarter profit jumped 75 percent to $173.2 million, helped by a tax benefit and the weak dollar.
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The largest U.S. health insurer said higher premiums revenue helped offset a 10 percent rise in medical benefit costs.
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Molson Coors Brewing Co.   reported higher-than-expected quarterly profit on Thursday, aided by higher pricing and volume growth and an extra selling week.
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Molson Inc. and Adolph Coors Co. agreed Friday to pay Molson shareholders a special dividend of $316 million, in another attempt to curry favor for their proposed merger.
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Wine and spirits company Brown-Forman Corp.   said on Thursday quarterly net profit rose, helped by an asset sale and strong sales of premium brands such as Jack Daniel's Tennessee Whiskey.
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Reynolds American Inc. , the maker of Camel and Kool cigarettes, on Monday posted a third-quarter profit and raised its expectations for the full year on tax benefits and cost savings.
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PepsiCo Inc, the world&#39;s No. 2 soft drink company, said on Thursday quarterly profit rose due to tax benefits and strong earnings at its key Frito-Lay snack and North American beverage units.
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NEW YORK  - North American brewers Adolph CoorsCos.  and Molson Inc. , which have agreed tomerge, reported lower-than-expected quarterly profits onThursday on weak sales in their home markets.
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Continental Airlines  posted a better-than-expected 15 percent increase in quarterly earnings on Thursday on strong demand for trans-Atlantic and other international flights.
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PeopleSoft has increased its earnings results for the third quarter after recalculating the income tax benefit related to the severance package for its former CEO, Craig Conway.
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Anheuser-Busch Cos Inc  posted a greater-than-expected 11 percent increase in quarterly profit on Wednesday and affirmed its full-year outlook, as the brewer's portfolio of imports helped it sell more beer at higher prices.
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Anheuser-Busch Cos. Inc.  on  Wednesday posted a better-than-expected 7.4 percent increase in  quarterly profit on strong U.S. growth led by Bud Light,  imports such as Grolsch and lower-than-expected costs.
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Starbucks Corp. said its earnings rose 49 percent in its fiscal fourth quarter as the coffee retailer benefited from aggressive expansion.
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Oil services company Halliburton Co   on Sunday said third-quarter net profit rose 19  percent, helped by a tax benefit, new international contracts  and higher activity from its customers.
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Stocks gained in volatile trading on Thursday, with the Nasdaq up more than 1 percent, boosted by a deal for tax rebates to stimulate the U.S. economy and earnings that sparked some optimism about corporate profits.
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Coca-Cola Enterprises Inc   reported higher quarterly profit as a one-time tax benefit and  other gains offset a decline in shipments in the United States  and Europe for the largest bottler of Coca-Cola Co   drinks.
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Anheuser-Busch Cos Inc  said on  Wednesday quarterly profit rose nearly 11 percent as the  nation's largest brewer sold more beer at higher prices.