Sonic Health boosts profit 41 pc
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Australian pathology and radiology group Sonic Healthcare Ltd has reported a 41 percent jump in annual net profit, boosted by its UK expansion and higher government payouts for blood tests.
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The companyâs third-quarter profit beat expectations, lifted by an extra week of holiday shopping and sales of video game consoles and GPS devices.
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Health-care plan provider UnitedHealth Group Inc. on Monday reaffirmed its previous outlook for 2004 earnings of at least $3.92 per share, up 32 percent or more from the $2.
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Partners HealthCare, the parent organization of Massachusetts General Hospital and Brigham and Women's Hospital, said operating profit in the latest quarter rose sharply by 32 percent to $33 million, from $25 million a year earlier.
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By JORDAN ROBERTSON SAN FRANCISCO - Hewlett-Packard Co.'s first-quarter profit jumped 26 percent as the company benefited from higher sales of laptop computers, printers and printing supplies during a robust holiday spending season.
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Genentech, the biotechnology company, posted a 41 percent increase in second-quarter profit on sales of its cancer drugs, continuing a positive earnings streak.
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UnitedHealth Group Inc. on Thursday  said quarterly profit jumped nearly 46 percent as medical costs  stabilized, and the No. 2 health insurer also boosted its 2005  forecast.
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Hewlett-Packard Co., the world&#39;s No. 2 personal-computer maker, said fourth-quarter profit rose 27 percent, exceeding its forecast, as sales of servers rebounded and PC revenue set a record.
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Third-quarter profit rose 15 percent to $1.28 billion as premium and fee growth in its Medicaid business helped offset lower enrollment in employer-sponsored programs.
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CANBERRA (Dow Jones)--Renewable energy generator Pacific Hydro Ltd. (PHY.AU) reported Wednesday a 39% jump in net profit, including a one-time tax benefit, to A$40.7 million in the fiscal year ended June 30, up from A$29.3 million in the previous year.
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Hewlett-Packard Co. says its fiscal first-quarter profit exceeded analysts expectations, climbing 38 percent on strong computer sales, and it sees a brightening future.
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The cardiovascular device maker said its second-quarter profit, excluding charges, was $271 million, or 18 cents per share, compared with $412 million, or 31 cents per share, a year ago.
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SAN FRANCISCO: Hewlett-Packard Co said on Tuesday its quarterly profit rose 27% as the computer and printer maker saw record revenues in every business and every region and fixed problems with its server and storage unit, sending shares higher by 8%.
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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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Lockheed's third-quarter earnings rose 41 percent behind higher sales of military transport planes and an increase in the company's IT business.
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The EchoStar Communications Corporation said fourth-quarter profit rose 15 percent as a result of an increase in subscribers.
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AT&T announced yesterday that it posted a 41 percent increase in third-quarter profit, buoyed by record wireless revenue and savings from $140 billion in acquisitions.