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Colgate’s Profits Rise Due to New Products

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By: TOM BRANNA

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Colgate-Palmolive Co., maker of products ranging from soap to dog food, on Tuesday said profit rose 10% in the second quarter as new products and the weaker dollar helped boost sales. The higher results continued a trend for Colgate, which has been helped by a pipeline of new products, including Simply White tooth-whitening gel. Higher sales and margins have allowed the company to increase advertising.The New York-based maker of Colgate toothpaste, Irish Spring soap and a host of other products ...

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