UPDATE 1-Con-way qtrly profit rises, boosted by unit sale

Newswire

(Adds details, company comment, outlook) CHICAGO, Jan 29 (Reuters) - Con-way Inc. said on Monday its quarterly net profit rose, citing the sale of a business unit that made up for what the trucking and logistics company described as a "slack economy." "Our financial performance in 2006 was not up to the standards our shareholders and employees have come to expect," Chief Executive Douglas Stotlar said in a statement, adding that this would be a catalyst for change in how Con-way does ...

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