Posco Profit Probably Rose for Ninth Quarter, Helping Expansion
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Posco, South Korea&#39;s biggest steelmaker, is likely to report its ninth consecutive quarter of profit growth, helping fund expansion in China, India and Brazil as the company tries to diversify sales and secure raw materials.
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Costco Wholesale Corp. COST.O  reported higher-than-expected quarterly profit and a healthy  rise in September sales on Thursday, sending its shares up 2  percent in pre-market trading.
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Wal-Mart Stores Inc.  posted a better-than-expected 9.8 percent rise in fourth-quarter profit on Tuesday, helped by cost controls and international sales.
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Procter & Gamble Co. PG.N  on  Wednesday posted higher quarterly profit, boosted by sales of  new products and continued gains in developing markets.
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The company posted fourth-quarter profit of $414.9 million, helped by growth in emerging markets and the weaker dollar.
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Supermarket group Tesco, Britain's biggest retailer, has said that its sales increased by 9.6 percent during the third quarter, helped by solid growth in non-food items.
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Costco Wholesale Corp.  posted  a 10 percent rise in quarterly profit on Thursday, but said it  would take a $70 million charge in the second quarter related  to company stock options.
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Sysco Corp., the country&#39;s largest food service distributor, Monday said profit for its latest quarter rose 8 percent, as it increased sales and trimmed expenses despite the hurricanes in the Southeast.
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General Mills Inc.  on Thursday  said quarterly profit edged higher, though increased marketing  spending and higher commodity costs tempered the increase.
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SEOUL: Shares in Posco hit a lifetime high early on Friday, after Japanese carmaker Nissan Motor sought more steel shipments from the worldâs fifth-largest steel maker.
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The phone company reported an 89 percent rise in fourth-quarter profit, bolstered by a benefit related to income tax.
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Growth prospects plus good operations equals opportunity.
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Costco Wholesale Corp.'s December sales increased 9 percent at stores open at least a year, the largest U.S. warehouse club said on Thursday.
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General Mills Inc.  on Thursday said quarterly profit edged higher, though increased marketing spending and higher commodity costs tempered the increase.
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Abercrombie & Fitch Co  posted a  9 percent increase in quarterly profit on Friday, helped by  higher prices for its clothes.
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The Pepsi Bottling Group reported higher-than-expected profit yesterday, helped by cost controls and price increases, and raised its full-year forecast, sending its shares up.
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General Electric Co.  posted a 9.6  percent rise in quarterly profit Friday on good results in its  commercial finance business and strong demand for products  ranging from jet engines to gas turbines.