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Coca-Cola Posts 22 Pct Drop in 4Q Profit
Wed, 14 Feb 2007 00:49:00 +0000 | Newsvine
The Coca-Cola Co., the world's largest beverage maker, reported Wednesday a 22 percent drop in fourth-quarter profit despite a solid gain in sales.
Transocean profit jumps on strong oil rig demand
| Findory News
Marketwatch: SAN FRANCISCO -- Transocean Inc. posted Wednesday a four-fold jump in its fourth-quarter profit, raking in proceeds from the sale of two big offshore oil drilling rigs while benefiting from continued strong worldwide demand from an oil and gas industry scrambling for new reserves.
Credit Suisse profit surges, CEO Gruebel to retire
| Findory News
Marketwatch: LONDON -- Credit Suisse on Thursday said fourth-quarter net profit jumped to roughly four times its year-ago level after a rebound in its investment-banking division and the sale of Winterthur.
Credit Suisse profit surges, CEO Grubel to retire
| Findory News
Marketwatch: LONDON -- Credit Suisse on Thursday said its fourth-quarter net profit jumped to roughly four times its year-ago level after a rebound in its investment banking division and the sale of Winterthur, and the firm also revealed that CEO Oswald Grubel will step down in May.
World Business Briefing | Europe: Britain: Mixed Report by Liquor Maker
Thu, 15 Feb 2007 23:25:29 EDT | New York Times
Diageo, the world?s largest producer and distributor of alcoholic drinks, reported a 23 percent decline in first-half profit but raised its full-year forecast for profit growth from existing operations. The company, which is based in London, announced a ?100 million ($195.6 million) expansion of its Scotch whiskey operations in anticipation of continued long-term demand in emerging markets. Diageo said profit fell to ?895 million ($1.75 billion) in the six months ended Dec. 31, from ?1.17 billion a year earlier. The company said profit excluding one-time items was up 4 percent, to ?1.31 billion, and it raised its forecast for profit growth this year to 8 percent from 7 percent.
Hormel Foods 1Q Profit Jumps 8.7 Percent
Fri, 16 Feb 2007 14:15:00 +0000 | Newsvine
Hormel Foods Corp., the maker of Spam canned meat and Jennie-O Turkey, said on Friday that first-quarter profit rose 8.7 percent despite a sharp run-up in grain prices that hurt turkey profits.
Fri, 16 Feb 2007 09:00:00 -0500 | CANOE Money
Major telecom provider Telus Corp. (TSX:T) reported Friday a fourth-quarter profit of $236.2 million, up 200 per cent from a year-ago $78.5 million, on strong growth in its wireless and data operations.
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