Colgate Posts Lower Third-Quarter Profit
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Colgate-Palmolive Co. CL.N on  Wednesday said profit fell in the third quarter because of  increased marketing spending and higher costs for raw  materials.
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Cosmetics maker Estee Lauder Cos. Inc.   posted a lower quarterly profit on Wednesday, dragged  down by a restructuring charge and a settlement with the U.S.  Internal Revenue Service.
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The company said third-quarter net income fell 5 percent on weakness in refining, but the decline was less than Wall Street had feared.
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The investment bank said third-quarter profit fell less than expected, as strength in stock trading and investment banking offset losses from the mortgage market.
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Texas Instruments Inc.  posted a lower quarterly profit on weak demand for its calculators, and gave a disappointing revenue forecast for the third quarter, sending shares down 3 percent on Monday.
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Stocks dropped yesterday as Colgate-Palmolive and Unilever cut profit forecasts, fueling concern that earnings growth is slowing at a time when borrowing costs are headed higher.
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Cable giant Comcast Corp. on Wednesday posted a smaller third-quarter profit that missed Wall Street expectations, but said digital cable and high-speed Internet subscriptions continued to grow during the period.
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Colgate-Palmolive Co  on Tuesday posted higher quarterly profit, helped by strength in emerging markets and improved margins and savings from cost-cutting measures.
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U.S. investment bank Merrill Lynch &  Co. MER.N on Tuesday said third-quarter profit fell 8  percent, hurt by reduced trading in debt and equity markets  which pushed revenue below expectations.
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Colgate-Palmolive Co. warned Monday that second-half earnings will fall well short of Wall Street forecasts due to higher marketing spending.
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Schering-Plough Corp  on Monday  reported third-quarter profit and sales that fell short of Wall  Street's target, sending shares down more than 10 percent amid  concerns about its flagship cholesterol drugs.
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Colgate-Palmolive Co. CL.N on Monday  issued its first formal profit warning in almost a decade,  citing higher marketing spending and raw-material costs,  sending its shares down 11 percent to a four-year low.
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Household and personal care products  leaders Procter & Gamble Co  and smaller rival  Colgate-Palmolive Co  both posted double-digit quarterly  profit increases on Tuesday, helped by cost cuts, the weaker  dollar and sales of new items.
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Discount retailer Dollar General Corp.   DG.N on Thursday posted lower quarterly profit, hurt by weak   gross profit margins and a disappointing start to the   back-to-school shopping season.
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Colgate-Palmolive Co. CL.N said on  Thursday its quarterly profit fell as the maker of toothpaste  and other consumer products took a charge for its restructuring  plan and spent more on advertising.
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The investment bank reported 3rd-quarter profit fell 3% to $887 million, on fallout from the subprime-mortgage crisis.
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Merck & Co.  on Thursday said its third-quarter profit fell, hurt by negative effects of the recall last month of its Vioxx arthritis drug.