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April 26, 2006
By: TOM BRANNA
Editor
Colgate-Palmolive Co. posted a higher first-quarter profit on Wednesday, as volume growth in every operating division helped offset restructuring costs and increased spending on advertising. The company expects to post double-digit earnings-per-share growth this year, excluding charges for restructuring and stock compensation, despite rising energy costs. Profit in the first quarter rose to $324.5 million (59 cents per share) including charges for restructuring and stock-based compensation...
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