Constellation Brands profit tops estimates
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Constellation Brands Inc.  posted quarterly profit far above Wall Street estimates on Thursday, as its plan to cut the amount of wine it ships to U.S. distributors did not hurt sales as much as expected.
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The company posted first-quarter profit of $288.9 million as rising revenue offset higher ingredient costs and increased spending on marketing.
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Quarterly profit beat expectations on strong growth in its international, ground and freight segments.
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Department store chain Dillard's Inc.   on Monday posted an unexpected quarterly profit, helped  by demand for upscale clothing as well as strong sales of  furniture in areas recovering from last year's hurricanes.
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Limited Brands Inc. LTD.N on  Thursday reported higher quarterly operating profit as cost  controls and strong lingerie sales offset poor results at the  retailer's Express apparel stores.
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Humana posted sharply higher quarterly profit, above Wall Streetâs average estimate, on strength in Medicare health plans for the elderly and its plans for employers.
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ConAgra Foods Inc.  posted higher-than-expected quarterly profit on Wednesday as unusual strength in its energy trading and fertilizer operations offset higher marketing and commodity expenses in its core packaged-foods business.
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Wine and spirits company Constellation Brands Inc.  said on Thursday that quarterly profit fell sharply, hurt by a plan to cut the amount of wine it ships to U.S. distributors and lower results from its British business.
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PepsiCo Inc. PEP.N, the world's No.  2 soft drink company, on Thursday said quarterly profit rose  due to tax benefits and strong performances from its key  Frito-Lay snack and North American beverage units.
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Standard &amp; Poor&#39;s on Tuesday said it may cut the debt rating for Constellation Brands (STZ.N: Quote, Profile, Research) deeper into junk, after the wine and beer distributor said it had launched an unsolicited offer of $970
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Ryder System Inc. (RN: Quote, Profile, Research) on Monday posted a nearly 45 percent increase in quarterly net profit amid increased demand for transport services, especially in its commercial truck leasing business.
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Pepsi Bottling Group Inc.  on Tuesday reported higher quarterly profit, helped by price increases it placed on its drinks, and raised its full-year forecast.
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Wine and spirits company Constellation Brands Inc  reported higher quarterly net profit on Tuesday, helped by its acquisition of Svedka vodka, but pared its 2008 earnings outlook in part due to acquisition-related costs.
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Lexmark International Inc  on  Tuesday posted a better-than-expected profit, helped by  strength in printers aimed at the business market.
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Drug wholesaler McKesson Corp.   on Thursday reported higher quarterly profit as increased sales  from its pharmacy distribution business helped offset expenses  from acquisitions and restructuring costs.
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Power company Constellation Energy Group Inc.  said on Wednesday fourth-quarter earnings more than doubled, helped by stronger-than-expected results from its merchant unit.
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Siebel (Nasdaq: SEBL) topped expectations in its  third-quarter earnings results, registering a profit, higher sales and an increase in software-license revenue from the previous quarter.