Nike Profit Up on Strong U.S. Demand
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Nike Inc. , the world's largest athletic shoe company, on Monday reported higher quarterly profit on strong demand for its namesake products in the United States.
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Nike Inc.  said on Thursday its second quarter earnings rose, boosted by strong demand in the United States and overseas for its namesake athletic shoes and Converse sneakers.
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Outdoor advertising company Clear Channel Outdoor Holdings Inc.  posted higher quarterly profit on Friday, helped by higher revenue.
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The brewing company posted a higher quarterly profit, driven by stronger shipments of beer in the U.S., higher prices and demand for its imports.
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Buoyed by the strong performance of ESPN and its other cable channels, the Walt Disney Company said yesterday that its profit rose 24 percent in its fiscal fourth quarter.
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Nike, the US sports footwear and clothing firm, enjoys its best-ever second-quarter trading and predicts a strong start to 2005.
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Athletic shoe retailer Foot Locker Inc. on Thursday said its third-quarter profit grew on higher sales, meeting Wall Street estimates.
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Profits at Swedish fashion retailer Hennes &amp; Mauritz rose more than expected in the third quarter as its clothes sold well in the US.
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Diversified manufacturer United Technologies Corp.  posted a rise in quarterly profit, helped by strong infrastructure demand and a recovery in its aerospace business, the company said on Wednesday.
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German sports goods firm Adidas-Salomon sees a recovery with rising sales in its key U.S. market, it said on Tuesday, as it took on archrival Nike on its home turf by sponsoring the U.S. soccer league.
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Nike Inc  said on Wednesday that quarterly profit jumped 10 percent, topping Wall Street estimates, on strong international demand and higher margins, sending shares up 2 percent in after-hours trade.
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Nike Inc  posted on Thursday a 51 percent rise in quarterly net profit, helped by a tax benefit and a weak-dollar boost to revenue, and its shares rose 1.6 percent as the results topped Wall Street targets.
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Luxury jeweler Tiffany & Co.  said on Thursday that quarterly profit rose, helped by strong sales in U.S. and international markets, with the exception of Japan.
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Eli Lilly and Co  on Tuesday said fourth-quarter profit rose on higher-than-expected sales of its medicines, including strong demand for its newer treatments for depression, diabetes and cancer.
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The retailer reports strong earnings and lifts its outlook.
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Nucor Corp., one of the largest U.S.  steel producers, on Thursday reported a more than 25-fold  increase in quarterly profit due to high steel prices, and said  it expected demand to remain strong next year.
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Nike Inc. NKE.N boosted its  quarterly dividend by 25 percent on Monday, citing strong cash  flow and growth prospects as the world's biggest athletic shoe  company has racked up record revenue and soaring profits the  past few years.