J.C. Penney Posts Profit, Sales Strong
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Department store operator J.C. Penney  Co. Inc. JCP.N on Tuesday posted a quarterly operating  profit, reversing a year-earlier loss, on inventory controls  and strong sales of jeans, home furnishings and career clothes.
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Circuit City Stores Inc. CC.N on   Wednesday reported higher-than-expected quarterly profit,   driven by strong sales of flat-panel televisions and laptop   computers during the back-to-school shopping season, and   fine-tuned its sales forecasts higher.
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Luxury jeweler Tiffany & Co.  on Thursday reported higher quarterly profit as strong sales in the United States and other markets that helped offset weakness in Japan.
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J.C. Penney Co Inc.  said on Wednesday its sales at department stores open at least a year fell 4 percent in August, but were better than expected thanks to strong sales of shoes and apparel.
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Target Corp.  reported higher quarterly profit on Tuesday, beating estimates on strong holiday season sales and results from its credit card business.
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Ketchup maker H.J. Heinz Co. HNZ.N on   Thursday posted higher quarterly profit, lifted by sales of new   products and increased prices.
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Circuit City Stores Inc. on Monday  posted a quarterly profit compared with a loss a year earlier,  boosted by strong sales of high-ticket items like flat-panel  televisions and digital music players.
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J.C. Penney Co. Inc.  said on Tuesday it is looking to drive sales with a new brand campaign focused on expanding relationships with consumers.
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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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H.J. Heinz Co  on Friday forecast quarterly profit higher than analysts' estimates, helped by higher prices and sales volume increases across its businesses.
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Consumer products company Procter &amp; Gamble Co. (PG.N: Quote, Profile, Research) on Wednesday said quarterly profit jumped 14 percent, boosted by strong sales and a gain from the divestiture of its juice business.
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Apple Computer Inc. AAPL.O on  Wednesday posted a quarterly profit that more than quadrupled  on skyrocketing sales of its iPod digital music players and  strong demand for its PowerBook notebook PCs.
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McDonald's Corp.  on Tuesday reported quarterly earnings that were in line with a higher-than-expected forecast the company gave last week, helped by strong sales in the United States and a tax benefit.
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Apple Computer Inc.  on Wednesday posted a quarterly profit that more than quadrupled on skyrocketing sales of its iPod digital music players and strong demand for its PowerBook notebook PCs.
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Procter & Gamble, the consumer products company, said quarterly profit jumped 14 percent, boosted by strong sales and a gain from the sale of its juice business.
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Johnson Controls Inc. (JCI.N: Quote, Profile, Research) , said on Tuesday that quarterly earnings rose 24 percent on growth in both its automotive interiors and building controls business.
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Heinz posted a greater-than-expected 23 percent rise in quarterly profit, aided by higher prices and increased sales of new ketchup and soup products.