ABN Amro raises profit 30 percent on slashed provisions
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Dutch banking group ABN Amro reported that it had increased net profit last year by 30 percent with a big boost from exceptional items and mainly a halving of provisions.
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Barclays raises its offer for the Dutch bank ABN Amro, after striking a deal with China and Singapore.
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Lehman Brothers Holdings Inc.   on Tuesday said quarterly profit rose 27 percent, beating  expectations, on surging revenue from bond underwriting and  stock trading.
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Pernod Ricard, the liquor company, said full-year profit rose 30 percent on strengthened demand in Asia for higher-priced spirits and lower distribution costs for former Allied Domecq brands.
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Acuity Brands Inc. AYI.N, a maker of  lighting products and specialty chemicals, on Tuesday said  quarterly profit rose 87 percent due to improved sales, lower  operating expenses and a lower tax rate.
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A group led by Royal Bank of Scotland  has doubled its stake in ABN AMRO  to more than 8 percent, cutting the cost of its takeover bid for the bank by about 1 percent, the Financial Times reported on Wednesday.
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Lower bad loan provisions helped Credit Agricole SA&#39;s third-quarter profit to rise 71 percent, the French bank said Wednesday.
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The company said first-quarter profit rose 55 percent, beating Wall Streetâs expectations, as lofty crop prices stoked global demand for its agricultural equipment.
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MELBOURNE (Dow Jones)--Fresh from two major acquisitions, Australia&#39;s biggest gambling company Tabcorp Ltd. (TAH.AU) Thursday said annual net profit rose 23% to A$311.
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Global mining giant Anglo American said its net profit struck 7.304 billion dollars (4.963 billion euros) last year, up 18 percent on 2006, boosted by high output and soaring metals prices.
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Royal Bank of Scotland, which is seeking to buy Dutch rival ABN Amro, says it expects profits to beat forecasts.
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Investment bank Lehman Brothers  Holdings Inc.  on Tuesday said its second-quarter profit  rose 27 percent as surging bond underwriting and stock trading  revenue more than made up for bond trading results hurt by U.S.  mortgage weakness.
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Credit Agricole SA's third-quarter profit surged 71 percent, helped by lower bad loan provisions, the French bank said Wednesday.
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PARIS  - High oil prices helped Total SA's profit to jump 38 per cent in the third quarter, the French oil company said Wednesday, but production fell for the first time in four years.
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Pacific Sunwear of California Inc. on Monday reported third-quarter profit rose 30 percent as sales increased at its PacSun and demo apparel chains.
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Farm equipment maker Deere & Co. DE.N  on Tuesday said quarterly earnings rose 30 percent on strong  demand, higher selling prices and increased efficiency.
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Dutch bank ABN AMRO  posted a 7.6 percent rise in its annual net profit on Thursday, after buying Italian bank Antonveneta and selling off parts of its business, and said it would buy back 1 billion euros ($1.3 billion) of shares by the end of June.