Target Posts Higher Quarterly Profit
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Target Corp. TGT.N, the No. 2 U.S.  discount retailer, on Thursday posted a higher quarterly  profit, boosted by stronger sales and gains from the sale of  its Mervyn's department store chain.
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Health insurer posted a rise in quarterly net profit as  increased membership boosted revenue.
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MINNEAPOLIS -- Discount retailer Target Corp. said Wednesday its first-quarter profit rose almost 18 percent, although revenue was just shy of analyst expectations.
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Kimberly-Clark Corp  on Monday posted higher quarterly profit as the weaker dollar and increased sales volume helped offset rising costs for pulp.
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Health insurer Cigna Corp. on Wednesday posted a higher quarterly profit as it saw growth in its health care segment and recognized a gain on the sale of its retirement benefits business.
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Retailer Office Depot Inc. ODP.N  on Thursday posted a higher quarterly profit, thanks to  improved sales and profitability at its North America business,  beating analysts' expectations and sending shares higher.
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The retailer reports strong earnings and lifts its outlook.
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Kroger Co. , the largest U.S. grocery chain, posted a higher quarterly profit on Tuesday, as remodeled stores and improved perishable goods attracted shoppers.
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Teen retailer Aeropostale Inc.  said on Thursday that quarterly profit rose, helped by improved sales and gross margin.
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The company posted quarterly net profit of $904 million and revenue of $6.22 billion, up 29 percent from a year earlier.
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Target, the No. 2 discount chain behind Wal-Mart Stores, said profit rose to $651 million, or 75 cents a share, from $554 million, or 63 cents a share, a year earlier.
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CME Group Inc.  said on Tuesday that quarterly profit rose as the company focused on completing a merger between the two largest U.S. futures exchanges.
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The consumer electronics retailer said 2nd-quarter profit rose to $250 million on strong international results and tighter spending controls.
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NEW YORK (CBS.MW) -- Target Corporation said earnings rose 78 percent in the third quarter, boosted by one-time gains from the sale of its Mervyn&#39;s store chain.
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Hormel Foods Corporation posted a higher quarterly profit and gave a forecast for current-quarter earnings that was higher than analystsÂ estimates.
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Kimberly-Clark Corp.  posted a  higher quarterly profit on Tuesday as savings from its  restructuring plan helped offset higher fiber costs, and raised  its full-year earnings forecast.
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Goldman Sachs Group Inc.   reported higher quarterly profit on Thursday, beating  estimates, on record investment banking fees and strong stock  trading.