Monsanto profit jumps, raises 2008 forecast
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Agricultural company Monsanto Co  said on Thursday its quarterly profit nearly tripled, helped by strength in its corn seed and herbicide businesses, and raised its 2008 forecast.
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Merck & Co  on Monday said its third-quarter profit rose sharply, helped by sales of its vaccines and cholesterol drugs, and raised its 2007 profit forecast in view of strong current trends.
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Deere & Co. , the world's largest maker of agricultural and building equipment, reported better-then-expected quarterly profit on Wednesday as strong sales to farmers and foresters more than offset a decline in sales to builders.
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KANSAS CITY, Mo.  - Monsanto Co. MON.N on  Wednesday posted a narrower quarterly net loss as the  agricultural chemicals and crop company took a reserve of $284  million for legal problems, but saw a jump in seed sales.
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Yum Brands reported a 12 percent rise in quarterly net earnings and nudged up its profit forecast for the year.
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Sysco Corp., the country&#39;s largest food service distributor, Monday said profit for its latest quarter rose 8 percent, as it increased sales and trimmed expenses despite the hurricanes in the Southeast.
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Merck & Co.  on Monday said its  second-quarter earnings more than doubled on growing demand for  its drugs, blowing past Wall Street expectations, and raised  its full-year profit forecast.
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Citing strong fourth-quarter results and prospects for growth in emerging markets,  DuPont raised its earnings outlook for 2007 as well as its profit forecast for 2008.
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The brewing company posted a higher quarterly profit, driven by stronger shipments of beer in the U.S., higher prices and demand for its imports.
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Stocks inched higher on Thursday, rebounding after a weak start to the new year, as a report showed the private sector added 40,000 jobs in December and agricultural company Monsanto Co.  raised its 2008 forecast.
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Yum Brands Inc.  on Tuesday said quarterly earnings rose 13 percent and raised its profit forecast for the year as strong sales at its fast-food chains helped offset a run-up in commodity costs.
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Lawnmower manufacturer Toro Co. on Wednesday said its profit grew 23 percent in the fourth quarter, helped by higher sales across all of its product segments and a surge in overseas demand.
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Monsanto Co.   reported on Thursday that quarterly earnings jumped 71 percent,  driven partly by surging sales of its genetically modified corn  and other seeds.
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Walgreen Co. WAG.N, one of the  largest U.S. drugstore chain operators, on Monday posted a 30.5  percent jump in quarterly profit, its largest increase in four  years, boosted by higher sales of prescription drugs and  general merchandise.
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KANSAS CITY, Missouri  - Monsanto Co  raised its 2007 earnings outlook on Monday, citing strong global corn sales, higher prices for its branded Roundup herbicides and a more favorable tax rate.
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Merck & Co.  said on Monday that quarterly earnings rose 12 percent on strong demand for its newer vaccines and medicines, and raised its 2007 profit forecast, sending its shares up 4 percent.
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Kroger Co. , the largest U.S.  supermarket chain, on Tuesday posted a 4-percent rise in  first-quarter profit, beating Wall Street expectations, helped  by cost cuts and increased sales.