Insurance Australia Profit Rose on Increased Sales
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Aug. 19 (Bloomberg) -- Insurance Australia Group Ltd., the nation&#39;s largest auto and home insurer, increased second-half profit fourfold after acquisitions boosted policy sales and higher stock markets fueled income from investments.
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Australian supermarket giant, Woolworths, beat forecasts on Monday with a 12 per cent rise in second-half profit on vigorous cost savings and its ability to drive margins despite a competitive onslaught.
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Australian retailer Harvey Norman Holdings Ltd. (HVN.AU) said Tuesday that full-year net profit rose 17%, boosted by sales of flat-screen televisions and other high-tech home electronics, but warned of a mixed ...
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SYDNEY: The Commonwealth Bank of Australia said it expects increased earnings in the current financial year even though home lending had eased and margins are being squeezed in an increasingly competitive financial sector.
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UnitedHealth Group Inc. , the second biggest managed health care company, on Thursday said profit rose as its premiums outpaced the soaring cost of medical care.
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Helped by sales of generic drugs, the pharmacy benefit manager lifted its full-year profit forecast, sending its shares higher.
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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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Health benefits provider Anthem Inc. said Wednesday that third-quarter profit rose on membership gains and increased premiums. Net income increased to $242.
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Chubb Corp. CB.N, a large insurer of  businesses and wealthy individuals, said on Tuesday its  quarterly earnings rose, helped by a rise in property and  casualty net premiums written.
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Consumer products maker Georgia-Pacific Corp. on Thursday posted a larger third-quarter profit, lifted by increased prices on tissue, packaging and paper products and stronger results from its building products division.
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Gilead Sciences Inc. GILD.O on  Thursday reported higher quarterly net profit on increased  sales of its HIV drugs.
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The EstÃ©e Lauder Companies posted a 22 percent increase in quarterly profit yesterday as higher sales of anti-wrinkle creams, hair-care and cosmetic products offset weaker fragrance purchases.
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Aetna Inc  on Thursday posted a better-than-expected third-quarter profit as membership increased, and the health insurer raised its full-year forecast.
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Office supplies retailer Office Depot  Inc.  on Friday said quarterly profit rose, helped by  sales in North America.
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Insurance group Prudential said Tuesday that sales of new insurance policies soared by more than a fifth last year, aided by a sterling performance in Asia.
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Fourth-quarter profit increased 4 percent as growing medical enrollment lifted revenue from health care premiums.
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Australian buyout target Qantas Airways  Ltd.  raised its annual profit forecast for the third  time in six months as fuel prices ease and demand for travel  increases.