Rio Tinto H2 profit up on high prices
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Rio Tinto  posted a 25 percent rise in second-half net profit, driven by high prices for commodities such as aluminum, copper and iron ore, and said it had little or no spare capacity amid strong demand.
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Anglo-Australian mining giant Rio Tinto has said that interim net profits rocketed 75.3 percent, with a colossal increase in copper prices contributing one billion dollars to the earnings.
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MUMBAI: Reliance Industries Ltd, the petrochemical flagship of India&#39;s largest private company, said Monday second quarter net profit jumped 39 percent against a backdrop of high oil product prices.
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Anheuser-Busch Cos Inc  said on Thursday that quarterly profit rose, as the brewer sold more beer despite the slowing economy.
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Anglo-Australian mining giant Rio Tinto posts a 42% jump in full year profits in 2006 to a record $7.4bn.
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Royal Dutch Shell PLC reported a 40 percent rise in second-quarter earnings Thursday, helped by high oil prices.
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Molson Coors Brewing Co.   said on Thursday that quarterly net income rose, helped by higher pricing and volume growth.
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Germany&#39;s Bayer has reported second-quarter profit that has beaten average forecasts thanks to a strong showing at agrochemicals, chemicals and polymers.
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Railroad company Burlington Northern Santa Fe Corp  posted better-than-expected quarterly profit on Tuesday, as strong pricing offset lower freight volumes, sending its shares up 4 percent.
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Quarterly profit beat expectations on strong growth in its international, ground and freight segments.
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Diversified manufacturer Tyco  International Ltd  reported a higher-than-expected  quarterly profit on Tuesday on strong demand from energy and  industrial markets and an improving performance at its ADT  security division.
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The company posted a second-quarter profit of $182 million, helped by strong international beverage and bakery sales.
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BHP Billiton sweetened its bid for Rio Tinto Wednesday, lifting its valuation of the mining giant to 147.4 billion dollars as it presses for a mega-takeover to exploit a resources boom driven by China.
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Reliance Industries Ltd, the petrochemical flagship of India's largest private sector company, said the second quarter net profit jumped 39 percent against a backdrop of surging oil product prices.
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Exxon Mobil Corp  said on  Friday record oil prices boosted its fourth-quarter earnings to  $11.66 billion, the highest ever operating profit by a U.S.  company.
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Rio Tinto Ltd./Plc.'s   second-half net profit rose 25 percent, driven by higher prices for commodities such as iron ore, aluminum and copper, and said capacity was fully stretched as it tries to meet demand.
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The No. 2 U.S. oil company reported a rise in quarterly profit pumped up by record oil and gas prices and gains on asset sales.