Colgate-Palmolive Co (CL.N) on Thursday posted lower quarterly profit as the impact of the stronger dollar pressured its international business, and the toothpaste maker lowered its 2013 earnings forecast as Latin American sales slipped.
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The shopping frenzy known as "Black Friday" kicked off at a more civilized hour, with shoppers welcoming decisions by retailers such as Target Corp and Toys R Us Inc to move their openings to Thursday night.