ChevronTexaco Profit Nearly Doubles
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ChevronTexaco Corp. CVX.N, the No. 2  U.S. oil company, on Friday said quarterly profit nearly  doubled, driven by record crude oil prices and soaring refining  margins.
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ChevronTexaco Corp., the second- biggest US oil company, said third-quarter profit rose 62 percent on higher oil and natural-gas prices.
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Quarterly profit beat expectations on strong growth in its international, ground and freight segments.
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Sun Microsystems Inc , the world's fourth-largest server-computer maker, said on Thursday that quarterly profit doubled amid strong growth in emerging markets.
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US oil giant Chevron said its full-year 2006 profit rose 22 percent to a company record 17.1 billion dollars even though fourth-quarter results were squeezed by falling energy prices.
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CME Group Inc , parent of the  world's largest derivatives exchange, said on Tuesday quarterly  profit nearly doubled, topping analysts' average forecast,  driven by strong volume growth.
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Third-quarter profit nearly doubled from a year ago as income from its government segment surged and the insurer reported a one-time gain.
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The world&#39;s biggest mining group, BHP Billiton Ltd./Plc. said on Wednesday its second-half net profit more than doubled on strong demand for industrial raw materials, and forecast sustained high prices for commodities.
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ConocoPhillips said that its fourth-quarter profit more than doubled because of high oil and gas prices and better refining margins.
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Continental Airlines Inc.  on  Thursday said second-quarter profit nearly doubled as higher  fares and wage cuts offset climbing fuel prices.
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ChevronTexaco Corp.(CVX.N: Quote, Profile, Research) , the No. 2 US oil company, rode the wave of record oil prices to post a 62 percent rise in quarterly profit on
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Buoyed by soaring crude oil prices, Exxon Mobil announced yesterday that it set new records for U.S. quarterly and annual corporate profits in 2007, and Chevron, the nation's second-largest oil company, also reported big gains in earnings.
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Annual profits rise sharply at oil giant Chevron but a slump in gas prices leads to a drop in profits in the final quarter.
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Reliance Industries Ltd., India's top petrochemicals maker, reported on Monday a forecast-beating 39 percent rise in quarterly profit, boosted by a doubling of refining margins and a surge in product prices.
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BRAMBLES&#39; decision to overhaul its troubled Chep pallet business has paid off in spades by doubling second-half profit. Brambles posted an after-tax result of $168 million for the June half, up from $82 million for the same period last year.
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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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The data storage vendor said second-quarter profit rose to $334.4 million as it recorded double-digit sales gains at its biggest businesses.