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Colgate Gains

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By: TOM BRANNA

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Colgate-Palmolive Co. announced that fourth-quarter profits rose to surpass Wall Street’s estimation, due to higher sales, prices and cost savings from its restructuring program. The company noted that earnings increased to $361.2 million (65 cents a share) from $285.7 million (50 cents) a year ago. Sales for the three months ended Dec. 31 rose to $2.9 billion from $2.8 billion in last year’s fourth quarter. Colgate-Palmolive expects double-digit percent gains in ea...

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