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Toy maker Mattel Inc. said today that sales of Barbie and other toys sank in the second quarter, but profit rose 82 percent, beating analyst expectations, as the company reduced expenses.
Google Inc. late Thursday reported a second-quarter profit that topped Wall Street estimates thanks to tight cost controls, though the Internet giant's numbers for the period also reflected meager revenue growth due to less online advertising.
Citigroup Inc, one of the big U.S. banks hit hardest by the financial crisis, posted a quarterly profit as gains from the sale of its Smith Barney brokerage into a joint venture more than offset losses from its primary banking businesses.
Goldman Sachs earned second-quarter profits of $3.44 billion, continuing a robust turnaround since it rode out the tumultuous final months of 2008 with the help of a federal rescue.