quarter profit and sales below analysts' expectations. Its shares slipped 3.9 percent to $35.55. But Kroger Co. was a bright spot, jumping nearly 10 percent to $19.45 after the No. 1 U.S. grocery store chain posted a 12 percent rise in quarterly profit and raised its annual earnings outlook. Shares of Lennar Corp. climbed 2.2 percent, or $1.34, to $63.41 after the No. 3 U.S. home builder reported higher quarterly profit and raised its outlook for the year. Meanwhile, Time Warner Inc. shares rose for a second consecutive day on the belief the company is less likely to bid for Cablevision Systems Corp.'s cable operations. Time Warner's shares rose 2.2 percent to $17.50. --SP 0025 Local Time 2125 GMT
