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Kroger Profit Down 27% for 4Q

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b2b news - Even with the help of their gasoline incentives for regular customers boosting sales, Kroger Co. experienced a fall in their profit by 27% in the fourth quarter.

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$3 Billion Takeover Bid for Arrow Energy

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b2b news - A takeover bid worth $3.3 billion Australian dollars ($3 billion US), has been sent by a company joint-owned by PetroChina, and Royal Dutch Shell, said Arrow Energy Ltd. on Monday.

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Target's 4Q Profit Up 53.7%

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b2b news - Lean inventory and stronger-than-expected holiday sales helped Target Corp.'s fourth-quarter profit soar 53.7%. Also, the company said it expects to pick up market share this year as it rolls out a new store format that includes a bigger grocery section.

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As US Soup Sales Fall, Campbell's Sales Rise

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b2b news - Even as U.S. soup sales decreased, Campbell Soup Co.'s second-quarter profit rose on cost controls and favorable exchange rates.On Monday, the world's largest soup maker said that earnings climbed 11% to $259 million, or 74 cents per share.
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Walmart Profit Rises 22% for 4Q

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b2b news - Wal-Mart Stores Inc. felt the punch during the fourth quarter as quarterly sales fell at its namesake U.S. division for the first time in memory. Still, overseas growth and a concerted cost-cutting campaign pushed profit up 22%.

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Toyota's Recall Impact Online

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b2b news - Toyota US announced in late January that it would recall about 2.3million vehicles over defective accelerator pedals and floor mats. I'm sure you all know this by now.

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Retail on the Rise

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b2b news - In January, retail sales posted a better-than-expected increase, a welcome development that could mean stronger economic growth in coming months.

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Strong Profit for Coca-Cola

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b2b news - On Tuesday, the Coca-Cola Company reported stronger-than-expected quarterly sales as higher demand in Brazil, China and India offset a decline in North America.

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