British American Tobacco Sees Profit Rise
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LONDON - British American Tobacco PLC posted a 60 percent jump in third quarter net profit Tuesday, thanks partly to lower taxation charges.
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Reynolds American Inc. , the maker of Camel and Kool cigarettes, on Monday posted a third-quarter profit and raised its expectations for the full year on tax benefits and cost savings.
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The company Friday said it expected to post a profit in the third quarter, thanks to Improved pricing and product mix and higher unit volume, reversing a year-ago loss.
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UK energy exploration firm BG Group posts a 22% rise in annual profits on the back of strong gas and oil prices.
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The retailer reports strong earnings and lifts its outlook.
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Pepsi Bottling Group Inc. (PBG.N: Quote, Profile, Research) , the largest bottler of Pepsi drinks, on Tuesday said quarterly profit rose on volume growth in the United States and Europe.
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British gas giant BG Group has said that net profits leapt 23 percent last year on rising production and increased energy prices.
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Brewer Scottish and Newcastle has reported a 22.0-percent leap in net profit in 2006, but issued a cautious outlook for 2007 owing to a smoking ban which comes into force across England in July.
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British Airways today reported further progress in its recovery as it made a half-year pre-tax profit of Â£335m, but said higher fuel costs remained a concern.
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Pepsi Bottling Group Inc. PBG.N, the  largest bottler of Pepsi drinks, on Tuesday said quarterly  profit rose on volume growth in the United States and Europe  and raised the lower end of its full-year forecast.
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Pepsi Bottling Group Inc. (PBG.N: Quote, Profile, Research) , the largest bottler of Pepsi drinks, on Tuesday said quarterly profit rose on volume growth in the United States and Europe
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Altria Group Inc. MO.N, whose  products range from Marlboro cigarettes to Kraft macaroni and  cheese, on Tuesday posted higher quarterly profit, helped by  higher cigarette sales outside the United States.
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British American Tobacco has announced a 13.5 per cent rise in profits despite the impact of strong competition and tough regulation amid growing concerns over the tobacco industry.
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Tobacco company Reynolds American Inc., reporting earnings for the first time since the combination of RJ Reynolds and the US operations of Brown &amp; Williamson Tobacco, on Monday
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British American Tobacco PLC posted a 60 percent jump in third quarter net profit Tuesday, thanks partly to lower taxation charges.
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Imperial Tobacco , which is looking to take over rival Altadis , met forecasts with a 12 percent rise in annual earnings on Tuesday, but a delay until January in completing the Altadis deal hit its shares.
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Reynolds American Inc. (RAI.N: Quote, Profile, Research) , the maker of Camel and Kool cigarettes, on Monday posted a third-quarter profit and raised its expectations for its full-year performance on tax benefits and cost savings.