Healthcare sales prop up P&G Q2 net to $1.6bn
New York: Consumer products maker Procter & Gamble said that its quarterly profit rose, boosted by strength in its health-care segment, including hot products like Crest tooth whitening strips.
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Xerox pulls off $19 mn net
New York: Xerox on Tuesday reported a fourth-quarter profit of $19m in contrast to a loss a year earlier, beating analysts' expectations.
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DuPont net dips to $350m
Wilmington: Dupont, the No. 2 US chemical company, reported a sharp drop in fourth-quarter profit on depressed chemical demand and higher energy costs.
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Judge junks five antitrust suits against Microsoft
Washington: A federal judge on Monday granted a motion by Microsoft to throw out five of the consumer antitrust lawsuits filed against the company in four states.
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Sony to adopt US-style corp governance model
Tokyo: Electronics and entertainment giant Sony said that it will abolish its Japanese audit system and set up a US-style corporate governance model, with an in-house committee structure using independent directors.
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