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Albertson's meets earnings expectations, cuts cost (access required)

Meeting Wall Street expectations, Albertson’s turned in a credible performance for its fiscal third quarter, achieving net profits of $176 million, or 43 cents a share, up 2.3 percent from $172 million, or 41 cents a share, a year earlier.Operating earnings, however, slipped to $180 million, or 44 cents a share, from the year-earlier ...

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