Edison Int'l Raises '04 Earnings Forecast
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Edison International EIX.N on  Wednesday raised its earnings forecast for 2004, citing  improved performance at its utility unit Southern California  Edison.
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General Electric, driven by strong demand for jet engines and electric turbines, posted a 4 percent rise in net profit, meeting Wall Street expectations.
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The company said quarterly profit would be higher than analystsâ estimates and it raised its full-year outlook as exchange rates and price and volume increases offset high commodity costs.
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Power company Edison International  said on Wednesday its quarterly earnings rose, helped by higher revenue from its utility arm and higher income from its Edison Capital unit.
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Company confirms double-digit price rises for gas and electricity
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National Semiconductor Corp.   NSM.N, a maker of analog and power management chips, posted a   40 percent rise in quarterly earnings on Thursday, but its   outlook for the current quarter disappointed Wall Street.
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International Business Machines Corp. on Thursday told Wall Street to raise its 2008 estimates, further boosting a stock that was already buoyed by strong fourth-quarter earnings.
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Union Pacific Corp. (UNP.N: Quote, Profile, Research) , the nation&#39;s largest railroad, raised its fourth-quarter earnings forecast on Tuesday, citing increased revenue from hauling commodities, sending its shares up 5 percent.
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Wireless communications service provider Nextel Communications Inc. on Friday posted 69 percent growth in third-quarter earnings based on demand across its business sectors, and raised its outlook for 2004.
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FedEx Corp. (FDX.N) on Monday raised its earnings forecast for the fiscal first quarter and full year, citing strong demand for its international express, ground and less-than-truckload services.
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International Business Machines Corp. told Wall Street to raise its 2008 estimates Thursday, further boosting a stock that was already buoyed by strong fourth-quarter earnings.
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Stocks rose on Friday, with the Dow industrials advancing 1 percent, helped by a higher-than-expected profit forecast from IBM  and earnings from General Electric Co  that met Wall Street expectations.
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Apple rises with a forecast of higher earnings.
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The printer maker also predicted better-than-expected first quarter earnings, sending shares up.
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Time Warner Inc said on Wednesday it  expects profit growth to match or beat Wall Street estimates,  after reporting quarterly earnings that reflected increases in  broadband and phone subscribers and sales of "Harry Potter" and  "300" home videos.
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Much of the rise in the company&#39;s stock yesterday was due to Apple&#39;s outlook for the current holiday quarter. Apple said it expects to post a first-quarter profit of between 39 cents and 42
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Union Pacific Corp. UNP.N, the  nation's largest railroad, raised its fourth-quarter earnings  forecast on Tuesday, citing increased revenue from hauling  commodities, sending its shares up 5 percent.