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Castle & Cooke Inc.: The real estate...

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From Times Staff and Wire Reports

Castle & Cooke Inc.: The real estate and food production holding company reported second-quarter income of $53.1 million, a 37% increase from the year-ago period. Revenue was $919 million, compared to $792 million last year. The Los Angeles-based company, which conducts business through Dole Food Co., Castle & Cooke Properties Inc. and Castle & Cooke Development Corp., attributed the gains to continued strong worldwide demand for its products and improved market prices for bananas and fresh vegetables.

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