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echo: yahoonews
to: ALL
from: BEN RITCHEY
date: 2005-11-01 07:20:30
subject: Business News Headlines

Yahoo! News: Business
                  -----------------------------------
                  as of Tue, 01 Nov 2005 13:04:50 GMT

    Procter & Gamble posts higher profit (Reuters)

Reuters - Procter & Gamble Co. , the maker of Crest toothpaste and Tide
 laundry detergent, posted a 4 percent rise in quarterly profit on
 Tuesday, as strong sales of health and beauty items offset rising raw
 material costs and the impact of hurricanes on its coffee business.

    Colgate profit up on oral-care sales (Reuters)

Reuters - Colgate-Palmolive Co. , the maker of its namesake toothpaste
 and other consumer products, posted higher quarterly profit on Tuesday,
 helped by the first overall rise in prices in two years and strong
 oral-care sales.

    Lockheed eyes Computer Sciences bid: WSJ (Reuters)

Reuters - Lockheed Martin Corp.  and three private-equity firms are
 considering offering $64-$65 a share for Computer Sciences Corp. ,
 valuing it at about $12 billion, the Wall Street Journal reported on
 Tuesday.

    Viacom posts profit on cable advertising (Reuters)

Reuters - Media conglomerate Viacom Inc. (VIAb.N) on Tuesday reported a
 third-quarter profit as higher advertising sales at its MTV cable
 networks and the "War of the Worlds" box-office release offset a slump
 at the television stations group.

    Stock futures fall on Dell (Reuters)

Reuters - U.S. stock futures pointed to a slightly lower market opening
 on Tuesday, with investors bracing for another interest-rate hike from
 the Federal Reserve while an earnings warning from computer maker Dell
 Inc.  led to weakness in technology shares.

    Exports boost euro zone October PMI (Reuters)

Reuters - The euro zone's manufacturing sector expanded at its fastest
 pace in over a year in October, a survey of 3,000 companies showed on
 Tuesday, strengthening the case for a hike in interest rates next month
 or in early 2006.

    Stock futures fall on Dell (Reuters)

Reuters - U.S. stock futures pointed to a slightly lower market opening
 on Tuesday, with investors bracing for another interest-rate hike from
 the Federal Reserve while an earnings warning from computer maker Dell
 Inc.  led to weakness in technology shares.

    P&G 1Q Profit Climbs on Revenue Growth (AP)

AP - Procter & Gamble Co., maker of Pampers, Pringles, Tide and other
 consumer products, said Tuesday its fiscal first-quarter net income
 grew 4 percent, helped by strong revenue growth and despite the effects
 of hurricanes and rising energy and commodity costs.

    BAA to axe jobs as passenger growth slows (Reuters)

Reuters - UK airport operator BAA Plc  said on Tuesday it planned to axe
 700 jobs under a cost-saving program and posted higher first-half
 earnings despite rising utility bills and slowing passenger growth.

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