Swiss Air Lines Posts 1st Quarterly Profit
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Switzerland's struggling national airline reported a second-quarter profit of 45 million Swiss francs (&#36;35.6 million) Tuesday, although its figures were boosted by a legal settlement in France.
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The food maker General Mills reported on Wednesday that its first-quarter profit rose 8 percent as rising revenue offset higher ingredient costs and increased spending on marketing.
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NEW YORK -- Goldman Sachs Group Inc. , the world's biggest securities firm by market value, said first-quarter profit rose 29 percent to a record, exceeding analysts' highest estimates, on trading gains and investment banking fees.
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British Airways reported a 28.5 percent  rise in operating profit for the first nine months of its  financial year, and said its longhaul premium business was  still shrugging off weakness in financial markets.
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The company said first-quarter profit rose 14 percent on strong sales growth across nearly all regions.
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Lockheed Martin Corp. LMT.N, the No.  1 U.S. defense contractor, posted a 41 percent rise in  quarterly profit on Tuesday, beating Wall Street forecasts, on  strong demand for its combat aircraft and information  technology services.
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Business software maker Siebel Systems Inc.  on Wednesday reported a quarterly profit, after a year-earlier net loss, driven by a healthy rise in license revenue.
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The company said it earned $256 million in the first quarter, tied to the performance of its Latin American business, and it raised its forecast for the year, sending shares up.
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Telekom Austria AG has posted better than expected financial results for the first half of the year, scarcely one week after merger talks with Swisscom AG broke down.
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BASEL, Switzerland  - Net profit at Roche Holding AG  rose 34 percent to 9.17 billion Swiss francs ($7.33 billion) in 2006 due to strong sales of cancer treatments Herceptin and Avastin, just ahead of analysts' expectations.
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Saab AB on Friday reported a gain in its third-quarter profit as contracts for its military and aviation equipment remained steady during the quarter.
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Swiss banking giant UBS AG said Tuesday its third quarter net profit slipped 1 percent to 1.67 billion Swiss francs ($1.39 billion; euro1.
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Rupert Murdoch&#39;s News Corp. posted a higher profit Wednesday for its fiscal first quarter, driven by strong revenue gains in its broadcast and cable TV operations.
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Swiss drugmaker Roche beat forecasts  with a 37 percent rise in first-half net income to 4.543  billion Swiss francs ($3.62 billion), boosted by bumper growth  in its cancer drugs.
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The company said first-quarter profit rose 55 percent, beating Wall Streetâs expectations, as lofty crop prices stoked global demand for its agricultural equipment.
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Shares jumped nearly 4 percent after the low-cost carrier reported its first third-quarter profit in two years on higher occupancy rates and capacity.
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The Swiss pharmaceuticals giant Roche, manufacturer of anti-flu drug Tamiflu, said its first-half net profit had increased by 37 percent to 4.54 billion Swiss francs (2.9 billion euros, 3.62 billion dollars).