Iberdrola Third-Quarter Net Rises 13 Percent on Expansions in Mexico, Wind
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Iberdrola SA, Spain s second-largest power company, said third-quarter profit rose 13 percent as it got more power from Spanish wind farms and a new plant in Mexico.
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Mexico's stock market has had a solid run-up this year, far exceeding forecasts.
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Spain's Iberdrola said on Tuesday it will make a share issue to help finance its $4.5 billion cash purchase of U.S. regional gas and electricity supply company Energy East before completing the deal in the second half of 2008.
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Wal-Mart&#39;s (WMT:NYSE - news - research) third-quarter earnings rose 13% from a year ago, boosted by double-digit revenue gains in its international segment and tight cost controls.
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DuPont Co , one of the  largest U.S. chemical makers, said on Tuesday that third-quarter profit rose more than 8 percent on strong sales from its agriculture and nutrition segment, coupled with overseas growth.
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Spanish vendor Fon has secured an additional $13.1 million in funding for its proposal to create a worldwide network of shared hotspots.
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Mexico's wireless giant offers value and growth.
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Utility E.On AG said Friday it raised its offer for Spain's Endesa SA to $53.4 billion as it delivered its final bid in a more than year-long takeover saga.Comment
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Polish industrial production surged by 13.5 percent year-on-year in August compared with 6 percent growth in July, official figures showed Friday.
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Wal-Mart Stores Inc., the world's largest retailer, said Tuesday that third-quarter earnings increased nearly 13 percent year-over-year on strong international sales and higher same-store sales at the company's Sam's Club stores.
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Tyco International said Monday that it turned a fourth-quarter profit as strength in its electronics, health-care and engineered products and services divisions spurred a 13 percent rise in revenue.
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Spain's economy expanded by 3.8 percent last year, after growing 3.9 percent in 2006, according to an estimate by the country's central bank published Wednesday in its monthly bulletin.
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NEW YORK -- Defense electronics contractor L-3 Communications Holding Inc.&#39;s earnings jumped 35 percent in the third quarter on strong sales growth across most of its business lines.
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The shipping carrier reported third-quarter profit of $1.08 billion, a 3.7 percent increase from the same period a year ago, on a modest rise in sales.
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Mexican Cemex, being the third largest cement maker in the world, agreed to buy its British competitor - RMC Group - for $5.8 billion, as well as their debts in order to expand their activity on the building materials market of the USA and Europe.
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Neptune Orient Lines Ltd., the world&#39;s seventh biggest container shipping company, on Thursday reported a 13 percent rise in third quarter net profit from a year earlier due to growing shipping volume and higher freight rates.
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Fon Technology secured an additional $13.1 million in funding for a global network of shared hotspots.