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General Mills’ quarterly profit almost doubles
General Mills Inc. said Wednesday that its fiscal fourth-quarter profit almost doubled as consumers flocked toward the food maker’s well-known brands.
Oracle beats forecasts despite faltering sales
Software maker Oracle Corp. says its sales fell 5 percent and its profit fell 7 percent from March through May. Oracle says it was hurt by the stronger dollar.
Dell fiscal first-quarter profit falls 63 percent
PC maker Dell Inc. said Thursday its fiscal first-quarter profit fell 63 percent as the recession continued to crimp computer sales around the world.
Target posts 13 percent drop in Q1 profit
Discount retailer Target Corp. reported a 13 percent decline in first-quarter profit on Wednesday as it confronts sluggish consumer spending.
Home Depot profit surpasses estimates
Home Depot Inc.'s fiscal first-quarter profit climbed 44 percent on fewer charges, and the nation's largest home improvement retailer beat Wall Street's expectations despite lower sales.
Medtronic to cut 1,500 to 1,800 jobs
Medtronic said it would cut 1,500 to 1,800 employees after posting a fiscal fourth-quarter profit that plunged 69 percent on slipping sales and restructuring and other charges.