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 BEVERLY HILLS, Calif. (AP) - Hilton Hotels Corp., one of the nation's largest hotel companies, said Thursday its third-quarter profit rose 46 percent as revenue edged higher, with strong increases in hotel stays and rates across various consumer groups.
The company, however, also narrowed its profit outlook for the full year toward the lower end of its previous estimate.
Hilton shares fell 63 cents, or 3.2 percent, to close at $19.18 Thursday on the New York Stock Exchange.
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