Shell Profit Up 16 Percent
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Profit was up despite a drop in production, but Shell warned that the underlying performance of its refining operations was weaker than it appeared.
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SAN FRANCISCOâOracle Corp. reported a 16 per cent rise in quarterly net income yesterday as the world&#39;s second-largest software company benefited from steady demand for its flagship database software.
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BP's annual profits rise 26% to $16.2bn (Â£8.7bn) as the firm benefits from soaring oil prices.
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WPP Group, the world&#39;s second-largest advertising company, says its first-half profit climbed nearly 16 percent as growth in Asia and the United States counterbalanced sluggish European markets.
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Oracle Corp. (ORCL.O: Quote, Profile, Research) on Tuesday reported a 16 percent rise in quarterly net income as the world&#39;s second largest software company benefited
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LONDON -- Royal Dutch/Shell Group on Wednesday announced a $150 million increase in the amount of money it will spend in 2004 on exploration and production in Europe, bringing the total to $1.
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Anglo-Dutch oil group Royal Dutch Shell has posted record annual net profit of 25.44 billion dollars (19.54 billion euros) but saw output falter due partly to production problems in Nigeria.
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Halliburton Co. , the world's second-largest oil services company, said on Monday second-quarter profit from continuing operations rose 19 percent, topping Wall Street views, helped by new international contracts and stronger demand from its customers.
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Defense contractor Raytheon Co.  RTN.N on Thursday said quarterly profit rose 16 percent,  helped by higher U.S. government spending on its military  products and lower tax payments.
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Oracle, the world&#39;s second largest software producer, has seen first quarter profits surge 16% on the back of strong sales of database products.
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BP and Shell are on track to unveil record quarterly profits helped by surging world oil prices, press reports claim.
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Kroger, the largest supermarket company in the United States, said yesterday that its fiscal third-quarter profit rose 16 percent as discounts spurred sales.
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Exxon Mobil Corp. XOM.N, the world's  largest publicly traded oil company, on Thursday reported a 56  percent rise in quarterly profit, driven by soaring oil and gas  prices.
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Oracle Corp. ORCL.O on Thursday   posted a higher quarterly profit, helped by   stronger-than-expected new software license revenue.
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The company posted quarterly net profit of $904 million and revenue of $6.22 billion, up 29 percent from a year earlier.
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Oracle Corp.  on Monday posted a 21 percent rise in quarterly profit, helped by sales of business software licenses to the customers of acquired rivals like Siebel Systems and PeopleSoft.
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Oracle (ORCL) Tuesday reported a 16% rise in quarterly net income as the world&#39;s second largest software company benefited from steady demand for its flagship database software.