Earnings Surge at Mittal Steel
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Mittal Steel said Thursday that its profits soared in the fourth quarter, and in 2004, on skyrocketing global demand for building materials.
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Australia's largest steelmaker BlueScope Steel on Monday reported a 24 percent rise in first-half profits and said it expected full-year earnings to exceed those of last year.
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The company raises earnings guidance, boosting the stock.
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US meat processor Smithfield Foods has said its first-quarter earnings more than doubled from the year-ago period, boosted by higher sales.
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High oil and gas prices and bigger profit margins in refining helped the British energy giant BP PLC nearly double its third-quarter earnings.
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Shares in Africa's biggest steel producer surge to a record high on the back of strong interim profits
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P&G said second-quarter earnings rose 14 percent as strong sales growth and cost-cutting measures more than offset higher commodity costs.
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Shares of Salary.com surged 19.05 percent in its opening day of trading yesterday after the Waltham compensation software and consulting firm raised $60 million in an initial public offering.
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Rising textbook sales and strong growth in international bond ratings at its Standard & Poorâs unit helped lift earnings to $452 million, the company said.
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The company's fourth-quarter earnings beat analyst expectations.
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STEEL group Corus unveiled profits for the first time yesterday after soaring prices and a restructuring boosted the former British Steel business.
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Quarterly profit soared thanks to new products, increased marketing and improvement in international business, the company said.
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Arcelor, the world&#39;s largest steel maker, said third-quarter core earnings more than doubled on the back of high steel prices and merger benefits, topping forecasts, with earnings set to receive a further boost from the
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Goldman Sachs Group Inc  said on Thursday that quarterly earnings surged 79 percent as revenue from investment banking and trading increased despite turbulent summer markets.
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The retailer reports strong earnings and lifts its outlook.
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Tool maker Black & Decker Corp  reported better-than-expected third-quarter earnings on Thursday as sales growth helped offset higher commodity prices, sending its shares up about 6 percent.
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Barrick Gold and Newmont Mining said profit surged in the fourth quarter as the price of bullion jumped.