Norilsk profit up 154 percent
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Norilsk Nickel, the world's largest nickel and palladium miner, said on Friday 2006 net profit more than doubled on record prices and the sale of a stake in South African miner Gold Fields Ltd..
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The company said second-quarter profit rose 7 percent, to $460 million, helped by higher information technology sales and an insurance gain at its shipbuilding unit.
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Defense contractor Northrop Grumman Corp  said on Wednesday third-quarter profit rose more than expected, helped by strong sales at its information technology and shipbuilding units.
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The toymaker, which has avoided the recalls that plagued many of its competitors, said its fourth-quarter profit rose 24 percent on a 16 percent increase in sales.
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The world&#39;s largest gold producer, Newmont Mining Corp. (NEM.N: Quote, Profile, Research) , on Wednesday said higher gold prices drove up quarterly profit by 12.
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Nucor Corp., one of the largest U.S.  steel producers, on Thursday reported a more than 25-fold  increase in quarterly profit due to high steel prices, and said  it expected demand to remain strong next year.
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General Electric Co  on Friday posted a 4 percent rise in net profit, which met Wall Street expectations, driven by strong demand for heavy equipment such as jet engines and electricity-producing turbines.
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The company said its net income rose to $156 million, or 59 cents a share, from $45 million, or 29 cents a share in the period a year earlier.
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Defense contractor Northrop Grumman  Corp. NOC.N said on Wednesday quarterly profit rose 31  percent, helped by higher government spending on its electronic  systems and lower pension costs.
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Newmont Mining Corp. , the world's second-largest gold producer, said on Thursday that fourth-quarter profit more than tripled on sharply higher gold prices.
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Nordstrom Inc.  on Tuesday posted a 34 percent rise in its quarterly profit, helped by a better-than-expected increase in same-store sales as the upscale department store chain focused on keeping a lid on expenses.
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Loews Corp. , the conglomerate run by the Tisch family, reported a nearly six-fold increase in fourth-quarter profit on Monday, helped by improved results at its insurance and drilling units.
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Barrick Gold and Newmont Mining said profit surged in the fourth quarter as the price of bullion jumped.
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Commercial truck maker Navistar  International Corp. NAV.N said on Thursday quarterly earnings  rose as it boosted sales and controlled costs.
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Campbell Soup Co.  posted higher quarterly profit on Friday, helped by higher prices, and raised its full-year profit forecast.
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The company posted a second-quarter profit of $182 million, helped by strong international beverage and bakery sales.
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The oilfield services company said profit rose 35 percent to $1.35 billion in the third quarter, as strong demand in Latin America, Russia and Asia offset weakness in domestic markets.