Philips Second-Quarter Profit Up Sharply
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Royal Philips Electronics said net profit rose to $2.16 billion in the second quarter on the sale of its stake in a Taiwanese semiconductor company, but that exchange rates hurt sales.
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Merck & Co.  on Monday said its  second-quarter earnings more than doubled on growing demand for  its drugs, blowing past Wall Street expectations, and raised  its full-year profit forecast.
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Sony Corp  swung to a quarterly operating profit as it booked strong sales of personal computers and digital cameras and benefited from a weaker yen, and it raised its full-year forecast by 2 percent.
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Second-quarter profit was largely fueled by international sales growth, the athletic gear company said.
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The cardiovascular device maker said its second-quarter profit, excluding charges, was $271 million, or 18 cents per share, compared with $412 million, or 31 cents per share, a year ago.
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BellSouth Corp.  on Monday said  second-quarter profit rose, boosted by growth in wireless and  high-speed Internet services.
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Profit soared at technology conglomerate Philips Electronics NV in the third quarter but sales of consumer electronics were weak and the outlook for computer chips is gloomy, the company said.
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Philips, Europe's largest maker of consumer electronics, is cautious about earnings growth despite reporting a profit in the third quarter.
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Microsoft said Thursday that its fiscal second-quarter earnings rose sharply, beating Wall Street estimates, amid strong demand for the company's server products and heavy holiday sales of its Halo 2 video game.
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Procter & Gamble Co.   on Wednesday posted higher quarterly profit, boosted by sales of new products and continued gains in developing markets.
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Microsoft said its fiscal second-quarter profit topped analystsâ expectations and climbed 79 percent, buoyed by rising sales of Windows-based personal computers.
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Sony Ericsson, the world&#39;s fourth  biggest mobile phone maker, posted higher second-quarter profit  on Wednesday as sales rose on increased demand for its phones.
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Research In Motion Ltd.    reported a higher than expected second-quarter profit  on Thursday, as the addition of about 705,000 BlackBerry  subscriber accounts helped boost revenue by 34 percent.
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Home furnishings retailer Williams-Sonoma reported higher than expected second-quarter profits on Wednesday.
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The company posted a second-quarter profit of $182 million, helped by strong international beverage and bakery sales.
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Pfizer Inc.  on Thursday said  second-quarter earnings from continuing operations rose about  13 percent on higher sales of medicines like cholesterol  fighter Lipitor and Celebrex for arthritis.
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The household appliance maker said its second-quarter profit rose 77 percent as strong international growth offset weak industry demand and higher material prices.