Aetna profit beats Wall Street view, shares rise
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Aetna Inc  posted a better-than-expected third-quarter profit on Thursday as membership increased, and the health insurer projected next year's earnings would grow faster than Wall Street expected.
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Stocks rose on Tuesday as strong earnings by Apple Inc.  and American Express Co  eased concern about consumer spending and profits.
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Cisco Systems Inc. surprised investors  on Tuesday with a stronger-than-expected outlook and quarterly  profit as demand for network equipment to handle Web traffic  showed no signs of weakening, driving its shares up 5 percent.
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ADC Telecommunications Inc.  posted a sharp increase in quarterly profit on Wednesday, beating expectations, and gave a forecast that topped current estimates, sending shares 3 percent higher.
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Stocks rallied on Wednesday, driving the Dow Jones industrial average to a record intraday high, after a strong profit and outlook from Cisco Systems Inc.  increased optimism about earnings.
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Stocks rose on Friday after a higher profit forecast by Microsoft Corp.  lifted all three major indexes, and an upbeat outlook by lender Countrywide Financial Corp.  stemmed fears of financial-sector losses.
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Nasdaq Stock Market Inc , the second-largest U.S. equities exchange, said on Wednesday that quarterly profit rose 12-fold, helped by a gain from the sale of its stake in the London Stock Exchange .
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Profits rise at No. 1 insurer but miss forecasts; sees no big financial effect from Spitzer probe. NEW YORK  - American International Group said Thursday its third-quarter earnings rose despite losses
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The health insurer Aetna posted a better-than-expected third-quarter profit yesterday as membership increased, and it projected that next yearâs earnings would grow faster than Wall Street expected.
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U.S. stock indexes rose on Monday as takeover news and strong profits from blue-chip companies, including Merck & Co. , reassured investors after Friday's sell-off.
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US stocks rose on Tuesday as traders were cheered by better-than-expected quarterly earnings at Wal-Mart Stores (NYSE:WMT), the country's biggest retailer.
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Swiss-based miner Xstrata Plc  beat forecasts with a 119 percent rise in 2006 adjusted net profit, boosted by strong copper and nickel prices, and said on Tuesday the industry outlook remained positive.
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The giant technology company gave Wall Street a pleasant surprise by announcing quarterly earnings that were far higher â up 24 percent â than most analysts had forecast.
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Health insurer Aetna Inc. on Thursday  posted a sharp rise in third-quarter profit as it boosted  membership and benefited from a big tax refund from  discontinued operations.
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Diversified manufacturer Honeywell International Inc  said quarterly profit rose 17.8 percent, matching Wall Street's expectations, with sales and profits up across all its business units.
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Stocks advanced on Thursday as a rebound in global equity markets helped boost investment banks' shares and strong earnings from U.S. retailers on strong monthly sales allayed worries about the economy's health.
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Medco Health Solutions Inc   reported better-than-expected quarterly earnings on Tuesday,  helped by sales of generic drugs, and the pharmacy benefit  manager boosted its full-year profit forecast, sending its  shares higher.