Domestic appliances lift Philips operating profit
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Philips Electronics, Europe's biggest consumer electronics maker, posted a 22-percent rise in second-quarter operating profit on Monday thanks to an improved performance at its domestic appliances unit and lower overheads.
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Philips, Europe&#39;s largest maker of consumer electronics, has reported a higher-than-expected third-quarter operating profit. But the company is cautious about the future, warning that high oil prices and unrest in Iraq were hitting demand.
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Tyco Electronics reported a higher quarterly profit Wednesday, helped by a tax benefit and strong demand from telecommunications customers.
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By Reuters. Procter &amp; Gamble, the maker of Crest toothpaste, Tide laundry detergent and other well-known brands, said yesterday that quarterly profit rose 14 percent on strong sales in all regions
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Dutch manufacturer Philips  Electronics published fourth-quarter earnings above analysts'  estimates, but warned that the world economy made it cautious,  especially for the first half of 2005.
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Household and personal care products  makers Procter & Gamble Co  and Colgate-Palmolive Co   both reported higher quarterly profit on Thursday,  boosted by sales in emerging markets as the U.S. economy  slowed.
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Consumer products company Procter &  Gamble Co. PG.N  on Wednesday said quarterly profit jumped 14  percent, boosted by strong sales and a gain from the  divestiture of its juice business.
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Johnson & Johnson  on Tuesday said second-quarter profit rose on higher sales of medical devices and prescription drugs, with especially strong demand in overseas markets.
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LG Electronics Inc., South Korea&#39;s biggest maker of home appliances, said Tuesday its third-quarter net profits rose more than 30 percent on brisk sales of mobile phones.
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Flat screen maker LG.Philips LCD Co Ltd  reported its highest ever quarterly profit on Monday and predicted even better profits for 2008, but voiced concerns over a potential return to oversupply in early 2009.
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Dutch electronics manufacturer  Philips Electronics published fourth quarter earnings above  analysts' estimates and unveiled a share buyback, but warned on  Thursday that the world economy made it cautious.
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Number two global home appliance maker Electrolux  posted a surprise rise in fourth-quarter profit on Wednesday as European demand offset a U.S. slowdown, pushing its shares up by nearly a fifth.
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The Home Depot Inc., buoyed by robust sales, posted nearly a 19 percent jump in second-quarter profit, prompting the retail giant to raise its earnings outlook for all of 2004.
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The home-furnishings retailer said first-quarter profit rose after customers bought less bedding and curtains as home sales slowed.
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Home furnishings retailer Bed Bath & Beyond Inc.  posted a higher quarterly profit on Wednesday as sales rose.
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Home Depot Inc. HD.N on Tuesday  reported a 19 percent rise in second-quarter profit, topping  estimates, as store renovations and better service drove sales  improvement in every category.
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Household and personal care products makers Procter &amp; Gamble Co  and Colgate-Palmolive Co  both reported higher quarterly profit on Thursday, boosted by sales in emerging markets as the U.S. economy slowed.