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• Kraft Foods reported that its third quarter net profit rose to $1.4 billion, from $596 million a year earlier. Sales rose 19.4 percent to $10.46 billion.

• Procter & Gamble reports that its first quarter earnings were $3.35 billion, up nine percent from $3.08 billion earned during the same period a year ago. Q1 sales also rose nine percent to $22 billion, and organic sales, which exclude acquisitions, divestitures and foreign exchange, were up five percent in the period.

• Unilever said that its third quarter net profit was $2.12 billion, up 63 percent from the same period a year ago, on sales that were up two percent to $13.5 billion.

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