USA: Kellogg posts higher Q3 profit, raises guidance
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US cereal maker Kellogg has reported higher third-quarter earnings, driven by increased sales, and raised its earnings guidance for the full year 2004.
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The Kellogg Company said yesterday that third-quarter profit rose 6.8 percent, topping analysts&#39; estimates by a penny a share, on sales of new cereals and snacks with reduced carbohydrates and sugar.
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Procter & Gamble Co.   on Wednesday posted higher quarterly profit, boosted by sales of new products and continued gains in developing markets.
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Intel Corp.&#39;s third-quarter profits jumped 15 percent and sales edged higher even though the semiconductor giant struggled with weak demand for desktop computer microprocessors, excess inventory and growing competition.
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Hormel Foods Corp.  on Wednesday posted higher quarterly profit, in line with raised expectations it announced earlier this month, and gave a forecast for current quarter earnings that was higher than analysts estimates.
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Kellogg Co. K.N, the world's  largest cereal maker, on Monday reported a quarterly profit  that exceeded Wall Street estimates and raised its full-year  earnings outlook, helped by strong sales of new products.
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Dean Foods Co.  posted higher quarterly profit on Wednesday, helped by higher sales by its White Wave organic food and soy milk unit.
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The food maker General Mills reported a slightly higher profit in its latest quarter on Wednesday, as stronger sales offset rising costs for ingredients and price increases did not faze consumers.
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Kellogg Co. K.N, the world's  largest cereal maker, on Monday said quarterly earnings fell  slightly due to a higher tax rate, stepped-up promotional  spending and expenses related to restructuring measures.
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Kellogg Co. says it expects low single-digit growth and somewhat lower margins during the fourth quarter, but the cereal and snack maker still has increased its overall earnings
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Pepsi Bottling Group Inc.  on Tuesday reported higher quarterly profit, helped by price increases it placed on its drinks, and raised its full-year forecast.
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NEW YORK: PepsiCo Inc., the world&#39;s No 2 soft drink company, said today quarterly profit rose due to tax benefits and strong earnings at its key Frito-Lay snack and North American beverage units.
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PepsiCo Inc. (PEP.N: Quote, Profile, Research) , the world&#39;s No. 2 soft drink company, on Thursday said quarterly profit rose due to tax benefits and strong performances
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Candy maker Hershey Foods Corp. on Wednesday said new products and favorable pricing sweetened its third-quarter profit, which surged 16 percent and topped Wall Street expectations.
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The company Friday said it expected to post a profit in the third quarter, thanks to Improved pricing and product mix and higher unit volume, reversing a year-ago loss.
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DuPont Co , one of the largest  U.S. chemical makers, said on Tuesday that third-quarter profit  rose more than 8 percent on strong sales from its agriculture  and nutrition segment, coupled with overseas growth.
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PepsiCo Inc. PEP.N, the world's No.  2 soft drink company, said on Thursday quarterly profit rose  due to tax benefits and a strong performance from its key  Frito-Lay snack and North American beverage businesses.