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United Continental posts lower quarterly net profit

Oct 25 (Reuters) - United Continental Holdings Inc reported a lower quarterly profit on Thursday as revenue fell and operating expenses rose.

The world's biggest carrier, formed when United bought Continental Airlines in 2010, had net income of $6 million, or 2 cents a share, in the third quarter, compared with $653 million, or $1.69 a share, a year earlier.

Excluding items, profit was $1.35 a share.