Australia's Tabcorp H1 profit eases
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Australia's Tabcorp Holdings Ltd.   posted a 3.6 percent fall in first-half profit  Tuesday, partly due to the impact of smoking bans at its  casinos, and ruled out major acquisitions until its performance  improved.
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SYDNEY: Qantas Airways Ltd, Australia&#39;s biggest airline, said yesterday its full-year profit doubled on cost cuts and a pick-up in passengers, but the prospect of higher fuel costs sent its shares sliding.
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British drinks giant Diageo reported a small fall in annual headline profits before tax, which were crimped by the strength of sterling.
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Greeting card maker American Greetings Corp. (AM.N: Quote, Profile, Research) on Wednesday posted a quarterly profit, reversing a year-earlier loss, as licensing income and lower costs offset flat sales.
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The software maker said its profit slipped in the fourth quarter even as sales edged higher, and forecast revenue from software sales and services of about 14 percent in 2008.
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The company said on Friday that its profit fell on price declines for its mainstay computer memory chips, but expressed confidence a rebound in the market would bolster earnings.
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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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The company said profit dipped slightly due in part to higher energy and materials costs and more investment in advertising, but still matched Wall Streetâs expectations.
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Australia&#39;s inflation rate was contained and gasoline prices may ease in coming months, Treasuer Peter Costello told reporters in Melbourne.
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Alcoa Inc. , the world's biggest aluminum producer, on Monday posted a lower net profit, despite higher revenue from soaring metal prices, because it took a charge for divesting non-core businesses.
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Third-quarter profit fell 1 percent, as stronger sales of almost all of the companyâs key drugs could not offset  higher production costs and taxes and a restructuring charge.
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Taiwan's AU Optronics, the world's third biggest flat-panel maker, has reported a net profit of 9.1 billion dollars for 2006, down nearly 42 percent, on the back of declining prices.
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Sydney - National Australia Bank on Wednesday reported a near 20 percent drop in its net profit for the year to September in the aftermath of a foreign exchange trading scandal that rocked Australia&#39;s biggest lender early this year.
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Texas Instruments Inc.  kept  the midpoints of its quarterly profit and revenue forecast  unchanged on Monday, disappointing investors who had hoped for  an improvement in the chipmaker&#39;s outlook.
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Aug. 18 (Bloomberg) -- AMP Ltd., Australia&#39;s largest life insurer, turned to aA$378 million ($271 million) first-half profit after it reduced debt, cut costs and sold more investment products as stock markets gained.
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Dow Chemical Co  on Tuesday reported a drop in quarterly profit that was not as steep as analysts had expected as growth overseas helped offset weak U.S. housing and auto markets and spiraling energy and raw material costs.
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Dow Chemical Co  on Tuesday reported a drop in quarterly profit that was not as steep as analysts had expected as growth overseas helped offset weak housing and auto markets and spiraling energy and raw material costs.