Vivendi says net profit up
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French telecoms and media group Vivendi   reported a 10.9 percent rise in its first-half net  adjusted profit on Thursday, as growth from games and pay-TV  Canal Plus made up for lackluster trading at mobile arm SFR.
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Finally, something to sing about at Vivendi Universal (nyse: V - news - people ). The French conglomerate raised its 2004 earnings forecast after reporting a fivefold increase in third-quarter profit, thanks to its music and telecommunications units.
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TJX Cos Inc  said on Tuesday that quarterly net profit rose, as it managed its inventories and drove shopper traffic with better marketing and merchandising initiatives.
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French telecoms and media firm Vivendi   said on Friday it planned to raise 1-2 billion euros  in equity as its SFR mobile unit prepares to buy into Neuf  Cegetel and announces a bid for the rest.
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The mood at Vivendi Universal&#39;s headquarters was distinctly upbeat during a Tuesday morning news conference here to announce the company&#39;s first-half results -- despite the fact that
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Merck & Co.  said on Monday that quarterly earnings rose 12 percent on strong demand for its newer vaccines and medicines, and raised its 2007 profit forecast, sending its shares up 4 percent.
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French media and telecoms group Vivendi   posted on Wednesday an 18 percent rise in adjusted  full-year net profit in line with forecasts, pulled by Maroc  Telecom and its games, French mobile and pay-TV units.
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Merck & Co  reported a better-than-expected profit on Monday, helped by sales of its vaccines and cholesterol drugs, and raised its 2007 profit forecast.
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Verizon Wireless, a venture of Verizon  Communications VZ.N and Vodafone Group Plc VOD.L, said on  Thursday operating profit and revenue rose on strong subscriber  growth in the fourth quarter.
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Its net income during the June to September period was 2.69tr won (Â£1.2bn), 46% up on the same period a year earlier. During the period, which is Samsung Electronics&#39; fiscal third quarter, the company said
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Storage maker EMC&#39;s profit increased dramatically compared to last year&#39;s third quarter, lifted again by continued growth of its VMware subsidiary and EMC&#39;s recent sale of a slice of the company.
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Swedish industrial vehicles company Volvo reported a rise in net profit in the third quarter, driven by the strong performance of its flagship truck division.
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Vivendi Universal, the French owner of the world&#39;s largest record company, said on Wednesday that its third-quarter profit jumped almost sixfold, helped by tax savings.
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French telecoms and media group Vivendi   reported a 10.3 percent rise in second-quarter net adjusted   profit on Thursday as growth from games and pay-TV Canal Plus   made up for lackluster trading at mobile arm SFR.
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Health insurer posted a rise in quarterly net profit as  increased membership boosted revenue.
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Estonian software developer Helmes has said that its net profit more than tripled in the first half of 2006 compared with the same period last year, to reach 11 million kroons (0.7 million euros, 0.9 million dollars).
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Swedish telecommunications equipment maker Ericsson reported a return to net profit in the third quarter, lifted by healthy growth in its international markets.