Profit Jumps at D&B

D&B's (DNB Quote) second-quarter profit jumped 16% despite tepid sales.

Excluding certain expenses, the company's results topped analysts estimates. Additionally, D&B, formerly known as Dun & Bradstreet, raised its full-year earnings target, thanks in part to a lower-than-expected tax rate.

In the just-completed period, the business information provider earned $52.2 million, or 79 cents a share. In contrast, the company earned $47.1 million, or 67 cents a share in the same period last year. ...