Caesars Profit Rises, But Outlook Lags
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Caesars Entertainment Inc. on Thursday posted a rise in third-quarter profit as Las Vegas hotels filled up and Atlantic City properties squeaked out a profit that was unexpected by the company.
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Supervalu Inc  posted higher quarterly profit on Tuesday, helped by lower employee-related costs and other expenses, but said consumer spending would continue to be pressured by inflation.
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Stocks rose on Tuesday as a report showing unexpected strength in the services sector boosted hopes that profit growth would withstand fallout from a slowing housing market.
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French bank Societe Generaleâs third-quarter profit rose a forecast-beating 10 per cent on consumer banking growth, gains in investment banking, and a sharp fall in bad debt provisions, it said on Tuesday.
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Kellogg Co  reported a 9 percent rise in quarterly profit on Monday but forecast 2008 earnings below Wall Street estimates due to higher commodity costs and expenses for reinvesting in its business.
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U.S. stocks rose on Wednesday as   worries about the outlook for profit growth failed to slow   momentum after the Dow average came within sight of its   all-time high in the prior session.
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Improved profits surprise Wall Street, but PC maker warns that figures are preliminary and reveals little detail.
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Earnings expectations were trounced, but projections don't measure up.
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The company said third-quarter profit rose more than expected, boosted by higher aircraft deliveries, but it scaled back next yearâs forecast due to delays on its 787 Dreamliner.
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Marriott International Inc. MAR.N,  the largest U.S. hotel operator, said on Tuesday fourth-quarter  profit rose 12 percent largely on higher room rates, but it  forecast annual results below Wall Street expectations, due to  lower interest income.
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The Nasdaq composite index rose on Thursday following a reassuring profit and outlook report from Oracle Corp  that lifted the technology sector, but the broad market was little changed as troubles at a major bond insurer weighed down the financial sector.
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American Express has seen its quarterly profits climb again, after higher spending on its credit cards.
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Package delivery company FedEx Corp.   said on Wednesday its quarterly net profit rose despite  slowing U.S. economic growth, with gains in its express,  freight and ground delivery units.
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NEW YORK - A bullish profit outlook from Ford Motor Co. sent stocks moderately higher Friday as investors looked past a disappointing report on consumer sentiment and new accounting problems at Qualcomm Inc...
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Anheuser-Busch Cos Inc  said on Thursday that quarterly profit rose, as the brewer sold more beer despite the slowing economy.
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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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The top U.S. hotel operator said second-quarter profit rose 11 percent, but concerns about slowing growth in North America led to a decline in its shares.