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* Applied Materials Inc. said second-quarter profit rose 35% on demand for new machines from memory-chip companies. Net income rose to $412.8 million, or 26 cents a share, from $304.8 million, or 18 cents, a year earlier, the Santa Clara, Calif.-based company said. Sales gained 21% to $2.25 billion.
* Jack in the Box Inc. reported higher quarterly earnings as newer items such as entree salads and sandwiches on ciabatta bread helped sales at its namesake hamburger restaurants. Net income was $21.8 million, or 61 cents a share, compared with $20.7 million, or 55 cents, a year earlier. Revenue rose 9% to $626 million.
* Staples Inc. said fiscal first-quarter profit rose 26% after business customers stepped up demand for delivery and printing services. Net income rose to $186.1 million, or 25 cents a share, from $147.7 million, or 20 cents, a year earlier. Staples restated quarterly results from a year earlier to account for stock-option costs. Sales rose 9% to $4.24 billion, said the office-supply retailer, based in Framingham, Mass.
* Saks Inc. said first-quarter profit jumped on the sale of five department store chains. Net income rose fivefold to $81.5 million, or 60 cents a share, compared with $16.2 million, or 11 cents, a year earlier. Revenue fell 33% to $1.04 billion, Birmingham, Ala.-based Saks said.
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