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Profits Rise at Colgate-Palmolive

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By: TOM BRANNA

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Colgate-Palmolive Co. reported a 7.6% increase in third quarter profits, boosted by strong sales of core products such as toothpaste and dish detergent. For the quarter ended Sept. 30, the company earned $296.2 million, compared with $275.3 million in the year-ago quarter. Sales rose to $2.39 billion from $2.37 billion in the 2000 quarter.“We are pleased that ongoing market share gains around the world contributed to a continuation of our very robust top-line volume growth,” said Reu...

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