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Earnings roundup

Slower sales hurt Raytheon Corp. earnings

Procter & Gamble chairman Bob McDonald (right, with John Chambers, chairman of Cisco Systems) spoke during the Clinton Global Initiative meeting last month in New York. Rising costs of commodities have eaten into Procter & Gamble’s first-quarter profit. Procter & Gamble chairman Bob McDonald (right, with John Chambers, chairman of Cisco Systems) spoke during the Clinton Global Initiative meeting last month in New York. Rising costs of commodities have eaten into Procter & Gamble’s first-quarter profit. (STEPHEN CHERNIN/AFP/Getty Images)
October 28, 2011

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YESTERDAY/ppClose$43.72/ppChange+$1.28/pp52-WEEK/ppHigh$53.12/ppLow$38.35 /ppRaytheon Co., the worlds largest missile maker, said third-quarter profit declined 3 percent after sales and profit at its integrated defense and network systems units fell. It raised its full-year earnings forecast./pp Income excluding some items fell to $489 million from $504 million a year earlier, the Waltham company said. Earnings per share increased to $1.39 a share from ...

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