Update 3: Costco&#39;s Earnings Rise 24 Percent
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Costco Wholesale Corp.&#39;s earnings rose 24 percent in its latest quarter, lifted by improvement in both net sales and membership fees which more than offset a minor accounting charge.
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Costco Wholesale Corp. , the largest U.S. warehouse club, posted a 21 percent increase in quarterly profit on Thursday.
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Costco Wholesale Corp.  posted a 10 percent rise in quarterly profit on Thursday, slightly above Wall Street expectations, but said it would take a $70 million charge related to company stock options.
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ChevronTexaco Corp., the second- biggest US oil company, said third-quarter profit rose 62 percent on higher oil and natural-gas prices.
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Costco turns in a great quarter. And yet people seem confused. Funny.
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McDonald&#39;s third-quarter earnings rose a higher-than-expected 42 percent, the world&#39;s largest restaurant chain says, citing strong sales in the United States and a lower tax rate.
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Costco Wholesale Corp  reported on Thursday a 6 percent rise in June sales at stores open at least a year, helped by increased sales of televisions, small appliances and other items.
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McDonaldâs Corp. third-quarter earnings rose a higher-than-expected 42 percent on a preliminary basis, the worldâs largest restaurant chain said on Wednesday, citing strong sales in the United States and a lower tax rate.
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Costco Wholesale Corp.  on Thursday reported a 7 percent increase in May sales at stores open at least a year as it benefited from strengthening foreign currency and higher gasoline prices.
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Costco Wholesale Corp., the nation&#039;s biggest warehouse retailer, said Wednesday its third-quarter profit rose 12.3 percent, aided by higher sales and membership fees.
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Costco Wholesale Corp  said on Thursday its quarterly profit rose almost 11 percent as bargain-hunting customers headed to its clubs to buy cheap gasoline and discounted food to offset rising prices.
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ConAgra Foods Inc. CAG.N on Wednesday  said quarterly profit from continuing operations rose 2.3  percent, boosted by higher prices and increased sales of  products ranging from Parkay margarine to Orville Redenbacher's  popcorn.
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Costco Wholesale Corp., the largest wholesale club operator in the United States, said Thursday that fourth-quarter earnings rose 24 percent to beat Wall Street expectations, but revenue for the period was light.
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U.S. stock futures rose on Thursday, suggesting stocks could extend gains from the previous session, as retailers including Costco Wholesale Corp.  and Limited Brands Inc.  posted higher November sales.
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Earnings at News Corp., the media conglomerate run by Rupert Murdoch, rose 27 percent in the latest quarter on stronger results from broadcast television, cable networks and newspapers, the company reported Wednesday.
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Costco Wholesale Corp.  on  Thursday reported a 7 percent increase in May sales at stores  open at least a year.
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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.