Abbott Laboratoriesâ Profit Jumps More Than 61 Percent
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The medical device and drug maker credited strong sales of its migraine and Crohnâs disease treatments.
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The company said first-quarter profit rose 55 percent, beating Wall Streetâs expectations, as lofty crop prices stoked global demand for its agricultural equipment.
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CHICAGO -- Boeing Co., the world's No. 2 commercial airplane maker, said Wednesday that it posted its best profit in nearly four years as its third-quarter earnings climbed 61 percent because of higher commercial airplane deliveries and growth in its defense business.
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Abbott Laboratories Inc. ABT.N on  Tuesday said its fourth-quarter profit rose 3.2 percent on  higher sales of its prescription drugs, including its popular  new treatment for rheumatoid arthritis, Humira.
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Impressive earnings drive the medical device maker to a 52-week high.
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UnitedHealth Group Inc. on Thursday said quarterly profit jumped nearly 46 percent as medical costs stabilized, and the No. 2 health insurer also boosted its 2005 forecast.
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Partners HealthCare, the parent organization of Massachusetts General Hospital and Brigham and Women's Hospital, said operating profit in the latest quarter rose sharply by 32 percent to $33 million, from $25 million a year earlier.
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Diversified health-care company Johnson & Johnson  on Tuesday said its quarterly profit rose on higher sales of prescription drugs and medical devices.
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Eli Lilly and Co. LLY.N on Thursday  said its third-quarter earnings rose as growing demand for its  medicines offset higher spending to market recently approved  treatments.
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Profits at the drugmaker increased 13 percent in the second quarter on higher sales of its arthritis drug and pneumonia vaccine.
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Industrial conglomerate Emerson Electric Co  reported a 27 percent jump in quarterly net profit on Tuesday, reflecting continued strength in its network power segment and its process management unit, which serves the booming energy sector.
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Sony Corp., the Japanese electronics and entertainment giant. said Thursday that its profit jumped 61.6 percent in the latest quarter on improved profitability in its mobile phone joint venture and gains in its movie business, led by "Spider-Man 2."
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Fourth-quarter earnings jumped 64 percent, due in part to a $214 million gain from a tax benefit, as well as more streamlined operations at the military contractor.
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Health insurer posted a rise in quarterly net profit as  increased membership boosted revenue.
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Quarterly profit soared thanks to new products, increased marketing and improvement in international business, the company said.
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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 pharmaceutical's net revenue jumps 77%.