Maker of Miller Beer Says Earnings Are Up 28%
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SABMiller, the brewing company, said Thursday that its first-half profits rose 28 percent compared with the first half of the previous year.
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Anheuser-Busch Cos Inc  reported a greater-than-expected 11 percent increase in quarterly profit on Wednesday, as the nation's largest brewer sold more beer at higher prices.
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The company, which makes products ranging from automotive coatings to genetically modified seeds, said it expected 2007 earnings to be at the upper end of its previously announced range of $3.15 to $3.20 a share.
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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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Molson Coors Brewing Co.   (TAPnv.TO) said on Thursday that quarterly net income rose,  helped by higher pricing and volume growth.
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Investment bank Lehman Brothers Holdings Inc. said Wednesday fourth-quarter profit rose 22 percent on continued strength from fixed-income businesses and record investment banking revenue.
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U.S. investment bank Lehman Brothers Holdings Inc.  on Thursday said its fiscal fourth-quarter profit rose 22 percent on increased income from mergers, offerings and trading.
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Pepsi Bottling Group Inc.  reported higher-than-expected profit on Tuesday, helped by cost controls and price increases, and raised its full-year forecast, sending its shares up more than 4 percent.
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The company said it earned $52 million in the fourth quarter on strong U.S. and international sales. Its shares climbed more than 7 percent in morning trading.
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Corporate profit growth is likely to be at least in the 10 percent range in 2005, and stocks markets could well keep pace with that rate, says Bill Miller, the star stock picker at Legg Mason Inc.
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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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By Kyodo News International, Tokyo  Feb. 8--TOKYO -- Three major beer brewers in Japan saw record high  profits in their 2006 business year through Dec.
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A resurgence in sales helped push the brewerâs profit to $214 million in the fourth quarter.
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Diageo, the world's biggest maker of alcoholic drinks, has said that its net profit surged by 42 percent to 1.908 billion pounds during its financial year, boosted by strong sales in the United States.
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Molson Inc. stock climbed nearly 4 percent in early trading Friday after the Canadian brewer and Adolph Coors Co. dramatically increased a special dividend to persuade wavering shareholders to approve their proposal to create a $6 billion brewer.
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SYDNEY Foster&#39;s Group, Australia&#39;s biggest maker of beer and wine, said Tuesday that full-year earnings rose 73 percent after the company sold its pubs unit.
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SABMiller PLC, the world's second-largest brewer by volume, said Thursday that strong sales helped net profit more than double in the first half of the fiscal year.