Lockheed 4Q Profit Up 10 Pct
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WASHINGTON -- Defense contractor Lockheed Martin Corp. on Thursday said profits rose 10 percent in the fourth quarter, as gains in its space, information technology and electronic systems units made up for a dip in sales of fighter jets.
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Continental Airlines Inc  on Thursday posted a fourth-quarter profit as higher fares and more international flights helped offset soaring fuel costs.
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The manufacturerâs fourth-quarter profit jumped to $2.5 billion due to a large gain on the sale of its Bobcat machinery division, but results fell short of Wall Street forecasts.
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Robust demand for military equipment  and technology led four U.S. defense companies to post higher  quarterly profit on Wednesday, with jet maker Boeing Co. BA.N  reporting a 78 percent jump in earnings despite a decline in  commercial airplane revenue.
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By Kara Rowland, The Washington Times  Sep. 5--Shares of Lockheed Martin Corp. inched up 1 percent Friday after  NASA announced it had awarded the Bethesda company a $3.9 billion contract to  build Orion, its next-generation spacecraft.
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Diversified manufacturer Honeywell International Inc  said on Thursday its fourth-quarter profit and sales rose from a year earlier, helped by strong economic conditions.
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Diversified manufacturer Honeywell International Inc.  posted a rise in quarterly profit as strong demand for aerospace equipment and automobile components boosted revenues, the company said on Wednesday.
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Caterpillar Inc.  said on Friday its profit in the latest quarter rose more than 10 percent due to strong sales outside the United States.
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Boeing Co  said on Wednesday fourth-quarter profit rose, helped by strong sales of its commercial aircraft, as the three-year aerospace boom continues.
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Defense contractor Raytheon Co.   on Thursday reported higher fourth-quarter profit,  helped by higher revenue from its missile programs.
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The large maker of business software applications said its third-quarter profit rose 10 percent on an increase in license sales.
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Nike Inc  said on Wednesday that quarterly net profit jumped 10 percent, topping Wall Street estimates, helped by strong international demand and higher margins.
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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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General Electric Co  on Friday posted a 4 percent rise in net profit, which met Wall Street expectations, driven by strong demand for heavy equipment such as jet engines and electricity-producing turbines.
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Continental Airlines Inc  on  Thursday posted a fourth-quarter profit as more international  flights helped offset higher fuel costs.
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General Dynamics reports a rise in quarterly profit on record US defence spending and demand for private jets.
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Defense contractor Raytheon Co.  RTN.N on Thursday said quarterly profit rose 16 percent,  helped by higher U.S. government spending on its military  products and lower tax payments.