Tyco Returns to Profit, Shares Gain
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Tyco International Ltd. (TYC.N: Quote, Profile, Research) reported a quarterly profit on Monday, reversing a year-earlier loss, helped by strong demand for electronic parts.
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Stocks rebounded on Friday from losses this week as earnings from bellwethers IBM  and General Electric Co  provided some relief to worries about the economy and corporate profits.
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Sysco Corp. (SYY.N), the largest U.S. distributor of food to restaurants and hospitals, on Monday said quarterly profit rose as an extra week in the period and acquisitions helped offset the effects of higher food prices.
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Stocks rose on Tuesday as a report showing unexpected strength in the services sector boosted hopes that profit growth would withstand fallout from a slowing housing market.
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Diversified manufacturer Tyco International Ltd.  on Tuesday said quarterly net profit slipped on charges to pare debt and sell assets, and its shares fell 4 percent on lower-than-expected sales and rising inventory.
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Tyco International (TYC:NYSE - news - research) Thursday reaffirmed guidance and said its board had approved a dividend increase. The Bermuda-based conglomerate said the quarterly dividend will increase to
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Goldman Sachs Group Inc.  on Thursday said fourth-quarter profit rose as its fixed-income, currency and commodities business soared while a rebounding stock market boosted investment banking.
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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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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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Diversified manufacturer Tyco  International Ltd. TYC.N on Tuesday said quarterly net profit  slipped on charges to pare debt and sell assets, and its shares  fell 4 percent on lower-than-expected revenues and rising  inventory.
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Tyco Electronics reported a higher quarterly profit Wednesday, helped by a tax benefit and strong demand from telecommunications customers.
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Tyco International Ltd. (TYC.N: Quote, Profile, Research) on Monday reported a quarterly profit, helped by strong demand for electronic parts and the absence of costly write-downs
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By Spencer Swartz SAN FRANCISCO  - PeopleSoft Inc.  on Thursday returned to profit in the third quarter from a year earlier with a 12 percent rise in sales that upended market fears that Oracle Corp.'s takeover bid had damaged PeopleSoft's business in the quarter.
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NYSE Group Inc. , owner of the New York Stock Exchange, posted a fourth-quarter profit on Friday compared with a loss a year earlier, when results were hit by one-time expenses related to the acquisition of electronic trader Archipelago.
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Tyco Electronics Ltd , a maker of connectors and other components used in cars, airplanes and industry, reported a higher quarterly profit on Wednesday, boosted by a tax benefit and strong demand from telecommunications customers.
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U.S. stocks gained on Tuesday as a report showing a surprisingly robust services sector boosted hopes that profit growth would weather fallout from a slowing housing market.
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After an early morning skid, markets rebounded, boosted by an optimistic earnings report from Merck and a more favorable outlook for the technology sector.