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VISALIA, Calif. (AP) — Once Jose Manuel Martinez acknowledged a vast killing spree that included nine people in California, officials set out to decide whether the self-described cartel enforcer actually carried out the horrific crimes.
By Se Young Lee SEOUL (Reuters) - Samsung Electronics Co Ltd on Wednesday said it would post its first quarterly profit gain in two years, beating expectations as strong sales of chips and displays probably offset weakness in its smartphone division. The South Korean tech giant estimated its July-September operating profit would leap 79.8 percent from a year earlier to 7.3 trillion won ($6.29 billion), compared with a 6.7 trillion won profit tipped by a Thomson Reuters SmartEstimate poll of 30 analysts. While analysts attributed much of the earnings surprise to the weaker won, Samsung's shares were on track for their biggest daily percentage gain in nearly 4 years in midday trade as investors saw an end to successive quarters of declining earnings.