American Greetings Net Rises on Unit Sale
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American Greetings Corp. AM.N on  Thursday said quarterly profit rose as the gain from the sale  of its Magnivision reading glasses unit offset lower sales in  its retail and seasonal gift wrap divisions.
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Third-quarter net income at American International Group Inc., one of the insurance giants named an investigation into questionable sales practices, rose 7.5 percent in spite of higher catastrophe losses, but missed Wall Street&#39;s forecast by a penny.
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United Parcel Service Inc., the  world's largest package carrier, said on Thursday its quarterly  profit rose, driven in part by strength in its international  and non-package businesses.
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American International Group Inc.   shares rose in midday trading on Friday after the  world's largest insurer reported late Thursday that earnings in  the latest fourth quarter were nearly eight times higher than  the year earlier net.
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The American Greetings Corporation said Thursday that its third-quarter profit rose 35 percent as a gain from the sale of its reading glass division offset weak sales of cards and gift wrap.
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Bakery company Flowers Foods Inc. , whose brands include Nature's Own, posted better-than-expected quarterly profit on Thursday, helped by price increases and stronger sales of higher-priced items.
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Automatic Data Processing Inc., a provider of payroll and financial processing services, on Monday posted a 7 percent rise in first-quarter profit, helped by strong national account sales and heightened demand for its employer services.
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American Express Co. said on Monday  its quarterly earnings rose 14 percent, matching analysts'  expectations, due to strength in the economy that spurred  record card holder spending, increased travel sales and lowered  loan losses.
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Albertsons Inc. ABS.N, the No. 2  U.S. grocer, on Thursday posted a 21 percent rise in quarterly  profit due to gains from two recent acquisitions and improved  sales from Southern California where it suffered a strike last  year.
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American Express AXP.N on Monday  said quarterly earnings rose 14 percent, matching analysts'  expectations, as cardholder spending and borrowing increased  while loan losses fell.
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American Express has seen its quarterly profits climb, thanks to rising credit card use especially by international cardholders.
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Greeting card maker American Greetings  Corp.  on Thursday posted a quarterly loss, hurt by costs  for rolling out a new strategy to manage inventory.
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Anheuser-Busch Cos. Inc. BUD.N, the  largest U.S. brewer, said on Wednesday quarterly profit rose on  price increases for brands such as Bud Light and strong growth  in its international business, which benefited from the  acquisition of Harbin Brewery in China.
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Profit soared on increased sales volume, a lower tax rate and cost savings.
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Ameritrade's net interest revenue helps boost profits in a strong quarter.
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Argos and Homebase owner Home Retail Group says sales are rising at both store chains.
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American Express Co. said on Monday its quarterly earnings rose 14 percent, matching analysts&#39; expectations, due to strength in the economy that spurred record card