EADS posts robust 3Q profit growth; ups full-year outlook
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LONDON, November 4  - European aerospace giant, EADS (EAD.ETR), has raised its full-year earnings outlook for 2004, after the company&#39;s third-quarter profits more than tripled this year.
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Boeing Co. BA.N on Wednesday  reported a higher third-quarter profit on revenue growth in its  defense business and strong performance in its commercial  aircraft building operations, and said it raised its earnings  forecast for 2004.
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Diversified manufacturer Honeywell International Inc. (HON.N: Quote, Profile, Research) posted an 8 percent rise in third-quarter profit on Wednesday as strong demand for aerospace equipment and car components boosted sales.
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Third-quarter net income rose 7.4 percent to $960 million, helped by strong demand in international markets. The company also raised its full-year profit outlook.
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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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Lockheed Martin Corp. yesterday reported a 41 percent increase in profit during its third quarter as fighter jet and information technology demand continued to drive growth.
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Raytheon Co.  said on Thursday fourth-quarter profit rose 32 percent, meeting Wall Street's estimates, on strong sales of its air-to-air missiles and electronic battle systems.
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German airline Lufthansa posted a euro125 million (US$155 million) net profit in the third quarter, more than making up losses from a year ago thanks to stronger demand for air travel, the company said Thursday.
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Aided by strong international growth and better-than-expected back-to-school sales, eBay reported robust third-quarter earnings Wednesday as profit surged 77 percent over last year.
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The British defence and aerospace giant BAE Systems posted an 18 percent rise in interim headline profits on the back of a strong performance in North America and by airplane maker Airbus.
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BERLIN - German airline Lufthansa posted a 125 million euro ($155 million) net profit in the third quarter, more than making up losses from a year ago thanks to stronger demand for air travel, the company said Thursday.
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European aerospace giant EADS more than doubled its profit in the first nine months of the year, topping market expectations as a rebound in civil
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Air Canada expects to post stronger financial results for the third quarter, despite the impact of higher fuel costs on the airlines bottom line.
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German airline Lufthansa said Thursday it earned 125 million euros (&#36;155 million) in the third quarter, more than making up losses from a year ago as stronger demand for air travel and freight transport helped it stay ahead of rising oil prices.
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BAE Systems, Europe&#39;s largest defence firm, has reported a 4.5 percent rise in underlying operating profit, buoyed by higher Airbus plane deliveries.
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Transport group Go-Ahead reports a rise in profits despite "severe" problems at its aviation division.
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Honeywell International Inc. (HON.N: Quote, Profile, Research) on Wednesday said third-quarter earnings rose 8 percent, led by demand for aerospace equipment and car