After Rise in Profit, NestlÃ© Says It Will Increase Dividend
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NestlÃ© reported a 14 percent increase in 2006 profit after it raised prices and overhauled parts of the business.
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- The Coca-Cola Co.  said it raised its quarterly dividend by 10 percent to 34 cents from 31 cents a share.
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Tyco International Inc. TYC.N        on  Thursday raised its dividend for the first time in five years,  the latest indication of change at the once scandal-tarnished  diversified manufacturer.
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Shares climbed as investors bet economies and earnings would keep growing even as interest rates rise.
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Men's Wearhouse Inc. on Wednesday raised its quarterly dividend by a penny to 6 cents per share and posted higher quarterly net income thanks to an extra week in the quarter, compared with a year earlier and a tax-related gain.
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The company said its net income rose to $156 million, or 59 cents a share, from $45 million, or 29 cents a share in the period a year earlier.
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General Electric Co.  said on Tuesday that it was raising its quarterly dividend by 12 percent, and that it expects to report a profit of $2.17 to $2.23 per share in 2007.
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McDonald&#39;s (MCD:NYSE - news - research) raised its annual dividend by 38% to 55 cents Tuesday, enhancing the yield over an already reasonably priced stock that could benefit from steady earnings growth over the next several years.
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Men's Wearhouse Inc.  posted a 60 percent rise in quarterly net income on Wednesday due to fatter gross profit margins and raised its quarterly dividend by a penny to 6 cents per share.
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The Coca-Cola Co.  said it raised its  quarterly dividend by 10 percent to 34 cents from 31 cents a  share.
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LOS ANGELES: McDonald&#39;s Corp yesterday raised its annual dividend 38 per cent, a move the world&#39;s largest restaurant chain said is another sign of its revitalisation.
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Sales of milk and baby food are making this a much more profitable company.
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U.S. stocks rose a bit on Thursday  after a revision in factory orders in June suggested orders are  improving and some apparel makers raised profit forecasts or  reported better-than-expected sales in August.
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The cigarette and food producer raised its quarterly dividend by 6 cents to 86 cents a share, less than some analysts had expected.
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The action continued in after hours trading, where the company gained another US cent. The company saw stocks climb $2.33 during the day, a 4.86 per cent increase.
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The aviation-electronics company's shares are rising -- along with its profit projections.
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The commercial bank says it will restate earnings upward.