BASF Boosts 3Q Net Profit to &#36;418.5M
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Chemical giant BASF AG said Thursday it nearly tripled its net profit in the third quarter as sales rose strongly and the company raised prices to cover the higher cost of oil.
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Hennes &amp; Mauritz AB, Europe&#39;s largest clothing retailer, said fiscal third-quarter profit rose 18 percent, the fastest rate in five quarters, as a cooler summer spurred demand for jackets
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British Airways  reported a 28.5 percent rise in operating profit on Friday for the first nine months of its financial year, and said its longhaul premium business was still performing strongly.
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British oil giant BP reported a 43-percent rise in third-quarter pro forma net profit to 3.94 billion dollars (3.08 billion euros) thanks to soaring crude prices and booming demand.
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Arcelor SA, the world&#39;s biggest steelmaker, reported a record third-quarter profit, benefiting from three price increases since January, and said demand for steel should keep rising as economies expand.
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Operating profit at German industrial group MAN AG  rose 57 percent to 354 million euros ($457.6 million) in the fourth quarter, it said on Tuesday, beating market expectations.
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Anheuser-Busch Cos. said Wednesday that third-quarter profit rose 3 percent, helped by higher international sales and its acquisition of Harbin Brewer Group.
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Marriott International Inc. , the largest U.S. hotel operator, on Thursday said third-quarter profit rose 45 percent as business travel continued to perk up after three years of stagnation.
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Dutch bank ABN Amro today reported a 26% rise in net profit for the third quarter to â¬1.05 billion, mainly due to the exceptional gain from the sale of Bank of Asia but the operational results dropped slightly.
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Third-quarter operating profit rose more than 50 percent thanks to resurgent earnings at the companyâs core VW brand.
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French bank BNP Paribas SA posted a 13.5 percent increase in net profit in the third quarter on Thursday, saying lower provisions for bad loans and tight cost controls had more than offset slower growth and choppy equity markets in Europe.
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STOCKHOLM  - Saab AB reported a gain in its third-quarter profit Friday as contracts for its military and aviation equipment remained steady during the quarter.
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The investment firm reported strong third-quarter earnings.
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Investment bank Bear Stearns & Co.   Inc. BSC.N on Thursday said third-quarter net income rose,   helped by strong sales and trading results.
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Saab AB reported higher third-quarter profits on Friday and project growth of 5 percent through 2004 as contracts for its military and aviation equipment remained steady during the quarter.
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NEW YORK -- Defense electronics contractor L-3 Communications Holding Inc.&#39;s earnings jumped 35 percent in the third quarter on strong sales growth across most of its business lines.
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The company said third-quarter profit rose more than expected, boosted by higher aircraft deliveries, but it scaled back next yearâs forecast due to delays on its  787 Dreamliner.