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Business Yahoo
P&G shares drop as sales, outlook disappoint
(Reuters)
 Reuters - Procter & Gamble Co. on
Wednesday reported sales and gave an earnings forecast that
fell short of Wall Street's targets, sending its shares down as
much as 5 percent despite a 37 percent jump in quarterly
profit.
Prudential 1st qtr net falls, but beats estimates
(Reuters)
 Reuters - Prudential Financial Inc. , one
of the largest U.S. life insurers, said on Wednesday that
first-quarter earnings fell, hurt by obligations from its
brokerage joint venture with Wachovia Corp. .
Starbucks profit up, April sales disappoint
(Reuters)
 Reuters - Starbucks Corp. on
Wednesday reported higher quarterly earnings due to more stores
and an annual sale of coffee-making equipment, but April sales
at established stores were toward the low end of Wall Street
targets.
Time Warner profit rises on cable; AOL disappoints
(Reuters)
 Reuters - Time Warner Inc. on Wednesday
said quarterly profit rose, helped by strong cable subscriber
growth, but revenues missed Wall Street expectations as its AOL
Internet service lost customers.
Electronic Arts posts loss, shares fall
(Reuters)
 Reuters - Electronic Arts Inc., the world's
biggest video game publisher, on Wednesday said it swung to a
quarterly loss and shares fell 4 percent after its full-year
forecast missed Wall Street targets.
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