Lufthansa Posts Third-Quarter Profit
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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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FRANKFURT SAP, Europe&#39;s biggest software maker, on Thursday posted a 15 percent rise in third-quarter net profit, citing higher global sales.
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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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The shipping carrier reported third-quarter profit of $1.08 billion, a 3.7 percent increase from the same period  a year ago, on a modest rise in sales.
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BERLIN : German flag carrier Lufthansa plans to boost by 50 percent its flights to China by 2007, company chairman Wolfgang Mayrhuber said.
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The open-source software provider said that its third quarter profit rose as a surge in subscriptions helped offset increased spending on marketing and research.
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The company said third-quarter profit rose more than expected, boosted by higher aircraft deliveries, but it scaled back next yearâs forecast due to delays on its  787 Dreamliner.
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The investment firm reported strong third-quarter earnings.
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Plane maker Boeing has said its third quarter profits shot up 78% from a year ago to $456m. The company also gave an upbeat forecast for the rest of 2004 and into 2005.
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STOCKHOLM  - Saab AB reported a gain in its third-quarter profit Friday as contracts for its military and aviation equipment remained steady during the quarter.
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DaimlerChrysler's (DCXGn.DE) third-quarter operating profit rose 7 percent, just below analyst expectations, as gains at U.S. arm Chrysler helped offset weaker earnings at premium carmaker Mercedes.
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SAP AG, the German business management software maker, reported a 15 percent jump in third-quarter net profit Thursday, citing increased sales across the globe.
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Research company Thomson Corp. said Tuesday that third-quarter profit rose 12 percent on higher revenue helped by core products, recent acquisitions and exchange rates.
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Discount retailer Kmart Holding Corp. reported a third-quarter profit Wednesday, reversing a year-earlier loss, as asset sales and cost containment helped offset a further decline in sales.
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Third-quarter operating profit rose more than 50 percent thanks to resurgent earnings at the companyâs core VW brand.
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Industrial gas supplier Praxair Inc  said on Wednesday that third-quarter earnings rose, helped by strong growth in Asia and South America from new business and project start-ups.
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Lufthansa reiterated its profit forecast for 2004 after investment bank Goldman Sachs cut its earnings estimates for the carrier, citing high oil prices.