Volkswagen nine-month operating profit beats forecasts
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Volkswagen  posted a nearly 50 percent gain in nine-month operating profit thanks to resurgent earnings at its core VW brand after the world's fourth largest carmaker cut thousands of job cuts last year.
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Volkswagen AG reported a 65 percent drop in third-quarter net profit from the same period a year ago amid fiercely competitive markets and difficult economic conditions such as a strong euro and high oil prices.
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DaimlerChrysler (DAIGn.DE) generated  second-quarter earnings before interest and tax of 2.13 billion  euros ($2.90 billion), the German carmaker said on Wednesday,  in line with market expectations.
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DaimlerChrysler generated 2nd-quarter earnings before interest and tax of 2.13 billion euros ($2.90 billion), the German carmaker said, in line with market expectations.
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Volkswagen sees vehicle sales rise 10% in November year-on-year, boosted by surging demand in Brazil.
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IBM , the world's largest technology services company, on Wednesday posted a higher quarterly profit as revenue rose 9 percent, helped by software-company acquisitions and growth in computer services.
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Ford Motor Co. F.N on Tuesday  reported a higher-than-expected quarterly profit as strength in  its finance arm once again offset a loss in its automotive  business.
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Swedish aviation and defence group Saab said Friday its second-quarter profit soared by 45 percent, exceeding analysts&#39; expectations, owing to strong sales despite a plunge in orders.
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Third-quarter profit, helped by sales of jet fighters and electronic warfare systems, beat Wall Street expectations, but the companyâs forecast for next year was slightly below analystsâ estimates.
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Ford Motor Co. F.N on Tuesday  reported a higher-than-expected quarterly profit on strength in  its finance arm.
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German carmaker Volkswagen said Friday sales had soared at its plant in Slovakia by 26 percent to nearly $3 billion in the first half of 2004.
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Business software maker Oracle  Corp.  posted a profit on Tuesday that topped Wall  Street estimates and forecast solid growth this quarter, and  its shares rose 9 percent to their highest level in four years.
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Operating profit at German industrial group MAN AG  rose 57 percent to 354 million euros ($457.6 million) in the fourth quarter, it said on Tuesday, beating market expectations.
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The airline, which exited bankruptcy in May, said profit was $244 million, shattering Wall Street expectations.
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Wal-Mart Stores Inc.  posted a better-than-expected 9.8 percent rise in fourth-quarter profit on Tuesday, helped by cost controls and international sales.
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German luxury automaker Porsche AG expects continued strong profits in its fiscal year ending July 31 despite the potential burden of the strong euro on U.S. sales, company executives said Wednesday.
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Germany's biggest airline Lufthansa announced on Wednesday record profits for the first nine months of the year thanks to a strong performance by itself and subsidiary Swiss.