BHP posts 41% profit increase
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The world's largest mining firm, BHP Billiton, announces profits rose 41% in the second half of 2006.
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Quarterly profit beat expectations on strong growth in its international, ground and freight segments.
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Iron ore miner BHP Billiton has announced a further expansion of its Pilbara operations, to meet continuing demand in Asia. Under its $780 million Rapid Growth Project, BHP Billiton will increase its overall
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Gillette Co.  on Thursday said fourth-quarter profit climbed 13 percent, helped by sales of its M3Power razor and blades.
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Coles Myer Ltd., Australia&#39;s biggest retailer, said full-year profit rose 44 percent after boosting sales, cutting costs and increasing earnings at its department stores.
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Australian resources firm BHP Billiton is expected to post sharply higher earnings in the year to June aided by rising commodities prices, high production levels and continued strong demand from China, analysts said.
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Mining giant BHP Billiton today unveiled record full-year results after commodity prices soared on the back of surging demand in China.
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BHP Billiton has delivered the biggest profit ever achieved by an Australian company - a $US3.38billion ($4.73billion) whopper, up 78 per cent on last year.
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Defence firm BAE Systems posts a 15% rise in half-year profits after seeing a strong increase in sales.
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The world&#39;s biggest mining group, BHP Billiton, says its second-half net profit has more than doubled on strong demand for industrial raw materials and forecast sustained high prices for commodities.
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The oil company said net income rose to $4.37 billion as record oil prices outweighed lower profits from gasoline production.
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BHP Billiton lifted its bid for mining giant Rio Tinto Wednesday, valuing its target at 147.4 billion dollars as it seeks a mega-merger to exploit the China-driven resources boom.
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High oil and gas prices and bigger profit margins in refining helped BP PLC drive up third-quarter earnings by 53 percent, the company said Tuesday.
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Health insurer posted a rise in quarterly net profit as  increased membership boosted revenue.
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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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Morgan Stanley  on Wednesday said its second-quarter earnings rose 41 percent to a new record, beating expectations on higher trading and investment banking results.
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Hyundai Motor Co , South Korea's top auto maker, posted a better-than-expected 45 percent rise in quarterly profit Thursday, helped by higher productivity due to better union relations and improved domestic sales.