Update 1: American Greetings 3Q Profit Rises
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American Greetings Corp., the nation&#39;s second-largest greeting card maker, said Thursday that third-quarter profit rose sharply year-over-year, primarily due to a hefty gain on the sale of the company&#39;s Magnivision eyewear unit.
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Greeting card maker American Greetings Corp. has reinstated its quarterly dividend after three years, as the company swings to profitability.
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NEW YORK (CBS.MW) -- American Greetings Corp. said third-quarter earnings improved by 35 percent, as gains from the sale of its Magnivision business more than offset lower sales and charges for layoffs and other costs.
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American Greetings Corp. AM.N on  Wednesday posted a quarterly profit, compared with a  year-earlier loss, and initiated a quarterly dividend as  licensing income and lower costs offset flat sales.
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ROYAL &amp; SunAlliance took another step towards recovery today by posting third-quarter profits ahead of the most optimistic City expectations.
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OfficeMax Inc , the nation's third-largest office supplies retailer, posted a higher quarterly profit on Tuesday, helped by lower expenses and improved margins.
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Lehman Brothers Holdings Inc. LEH.N   on Wednesday said third-quarter earnings rose a   better-than-expected 4 percent, as trading and investment   management revenue jumped.
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Kimberly-Clark Corp., the largest US maker of disposable diapers, said third-quarter earnings rose 5.1 percent as sales gains for Huggies and price increases on Scott tissue helped to counter rising pulp costs.
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3M Co. MMM.N on Monday said  third-quarter earnings rose 17 percent due in part to the weak  dollar, but the diversified manufacturer's results came in  below Wall Street's estimates for the first time in at least  seven quarters.
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The companyâs third-quarter profit beat expectations, lifted by an extra week of holiday shopping and sales of video game consoles and GPS devices.
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Licensing income helped boost American Greetings Corp. to a profit in its second quarter, even though sales at the greeting cards maker were flat.
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Kimberly-Clark Corp.  on Monday posted a higher third-quarter profit as increased tissue prices helped counter higher raw material costs.
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Profits at Swedish fashion retailer Hennes &amp; Mauritz rose more than expected in the third quarter as its clothes sold well in the US.
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Investment management company Affiliated Managers Group Inc. said Wednesday that third-quarter profit rose 3 percent as expenses and challenges with high-cap funds offset sharp revenue growth.
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3M Co. MMM.N, the maker of Scotch  tape and Post-It notes, on Tuesday posted a higher quarterly  profit as it saw strength across its portfolio of businesses.
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NEW YORK - Charge and credit card giant American Express Company said it rung up record third quarter profits as consumers went on a shopping splurge and extended their borrowings.
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Third-quarter profit rose 5 percent, helped by sales growth in its U.S. retail market and Canada, the company said.