Heinz 2nd-quarter profit falls on higher tax rate
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Ketchup maker H.J. Heinz Co.  on Thursday posted lower quarterly profit, hurt by a higher tax rate, but raised its full-year earnings forecast helped by sales of new products and cost cuts.
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HARRISBURG, Pa.  -- Hershey, the nation's largest candymaker, on Thursday reported its profit tumbled in the second quarter as it spent heavily to begin transforming its production lines.
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CHICAGO - Ketchup maker HJ Heinz Co. Tuesday reported a 9 percent drop in quarterly profit after spinning off some brands, but demand for new items like Ore-Ida Extra Crispy fries helped to boost sales.
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Lloyd's, the world's biggest insurance underwriting market, has said that first-half pre-tax profit dipped 2.0 percent as a result of lower investment income returns.
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DuPont Co. , the No. 2 U.S.  chemical company, on Tuesday reported lower-than-expected  second-quarter profit due to lower U.S. volumes coupled with  higher energy and raw material costs.
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Hershey Co.  on Thursday posted a 96 percent drop in second-quarter net income and again cut its 2007 profit forecast as it spends more money to try to jump-start flagging sales.
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Campbell Soup Co. CPB.N on Monday   posted lower quarterly profits, pressured by costs from the   sale of its U.K. and Irish businesses, pushing its shares down   more than 2 percent.
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Albertsons Inc. (ABS.N: Quote, Profile, Research) , the No. 2 US grocer, on Tuesday reported a substantial drop in its quarterly profit as heavy promotions
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Weyerhaeuser Co. on Friday said its  quarterly profit more than doubled, but the results lagged  forecasts as costs rose, and its stock fell on warnings that  bad weather could dampen demand for its wood and cardboard  boxes.
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For the second quarter in a row, No. 1 network-gear maker Cisco (CSCO) reported record profit but saw some signs of economic weakness.
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Ketchup maker H.J. Heinz Co. HNZ.N  posted a smaller-than-expected 4 percent rise in quarterly  profit on Tuesday as higher raw material, commodity and fuel  costs hurt results.
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Ketchup maker HJ Heinz Co. (HNZ.N: Quote, Profile, Research) on Tuesday said quarterly profit rose 7.8 percent, excluding a year-earlier tax benefit, as demand for new products
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An income tax benefit narrowed Computer Associates International Inc's loss dramatically in the second quarter.
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H.J. Heinz Co. HNZ.N on Thursday   posted a greater-than-expected 23 percent rise in quarterly   profit, lifted by increased prices and sales of new ketchup and   soup products.
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Heinz posted a greater-than-expected 23 percent rise in quarterly profit, aided by higher prices and increased sales of new ketchup and soup products.
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H.J. Heinz Co  posted a higher quarterly profit on Friday and said it expects full-year profits to be near the top of its forecast range, helped by new products, the weak dollar and stepped-up marketing.
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Ketchup maker H.J. Heinz Co. HNZ.N on  Tuesday reported a 9 percent drop in quarterly profit after  spinning off some brands, but demand for new items like Ore-Ida  Extra Crispy fries helped to boost sales.