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Profit rises 34 percent for Coooper Industries

NEW YORK (Reuters) - Cooper Industries, which makes electrical products and tools, reported a higher quarterly profit yesterday, citing international demand and a boost from recent acquisitions.

Net earnings rose 34 percent to $171.9 million, or 93 cents per share, compared with $128.2 million, or 69 cents per share a year earlier.

Stripping out one-time gains related to the public offering of a former division and legal matters, Cooper earned 83 cents per share.