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Colgate-Palmolive Expects Strong Quarter

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By: TOM BRANNA

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Colgate-Palmolive Co. shares climbed Monday after the consumer-products giant reconfirmed that it would meet Wall Street’s consensus earnings estimate for the fourth quarter. The average projection of 13 analysts polled by First Call is that Colgate-Palmolive will make 45 cents a share for the period.“We expect another good quarter, with unit volume up in every operating division, solid upward movement in gross profit margin and a worldwide increase in advertising support,” Cha...

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