Jan 31 Colgate-Palmolive Co posted a
higher quarterly profit on Thursday as it raised prices and used
more advertising to entice shoppers to buy its toothpaste and
Colgate, which will cut about 6 percent of its workforce in
a restructuring announced in October, said it had earned $598
million, or $1.26 per share, in the fourth quarter, up from $590
million, or $1.21 per share, a year earlier.
The latest quarter's results included $73 million, or 15
cents per share, in after-tax charges from the restructuring and
costs from the sale of land in Mexico.