XE.com - Valero profit rises, seeks to split off retail business

July 31 (Reuters) - U.S. refining company Valero Corp posted a higher quarterly profit and said it would seek to split off its retail business.

The San Antonio company reported a profit of $831 million or $1.50 per share, compared with $745 million, or $1.30 per share in the second quarter a year earlier.

(Reporting By Anna Driver; Editing by Gerald E. McCormick) Keywords: VALERO EARNINGS/

(anna.driver@thomsonreuters.com)(832 754 2516)(Reuters Messaging: anna.driver@reuters.com@reuters.net)

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Source: http://www.xe.com/news/2012/07/31/2838293.htm?utm_source=RSS&utm_medium=TL&utm_content=NOGEO&utm_campaign=News_RSS_Art12

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