Alcoa Posts 76% Rise in Quarterly Profit
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The aluminum producer Alcoa said its fourth-quarter profit rose 76 percent as revamping and tax benefits helped offset lower aluminum prices.
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ChevronTexaco Corp., the No. 2 U.S.  oil company, on Friday said quarterly profit jumped, driven  largely by a sharp rise in oil and gas prices.
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Anheuser-Busch Cos. Inc.  on  Wednesday posted a better-than-expected 7.4 percent increase in  quarterly profit on strong U.S. growth led by Bud Light,  imports such as Grolsch and lower-than-expected costs.
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ConocoPhillips COP.N, the No. 3 U.S.  oil company, on Wednesday reported a sharp rise in quarterly  profit, as soaring oil and gas prices offset the impact of  reduced gains on asset sales and lower volumes.
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Qualcomm Inc  posted an 18 percent rise in quarterly profit and gave an outlook that matched analyst estimates, driving its shares up more than 7 percent on relief the weak U.S. economy was not hurting demand for its mobile phone chips.
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Alcoa yesterday reported third-quarter net income of $283 million, or 32 cents per diluted share, unchanged from the aluminum maker&#39;s results in the year-ago quarter.
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Walgreen Co. , one of the largest U.S. drugstore chains, posted a 19.6 percent rise in quarterly profit on Monday, boosted by new stores and an inventory credit.
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Alcoa Inc.'s  shares jumped nearly 3 percent to a six-year-high on Monday on renewed speculation that mining giant BHP Billiton Ltd.   has revived plans for a $40 billion takeover of the U.S. aluminum company.
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Global mining giant Anglo American said its net profit struck 7.304 billion dollars (4.963 billion euros) last year, up 18 percent on 2006, boosted by high output and soaring metals prices.
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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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MONTREAL - Third-quarter profit at Alcan Inc. almost doubled, the company said Thursday, crediting higher aluminum prices and more shipments.
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Aluminum producer Alcoa Inc said on  Wednesday that fourth-quarter net profit rose 76 percent on  favorable restructuring and tax benefits, offsetting lower  aluminum prices.
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Alcoa Inc. (AA.N: Quote, Profile, Research) , the world&#39;s biggest aluminum producer, said on Thursday that net income for the quarter rose slightly, as labor problems and
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Schlumberger Ltd. , the world's  largest oilfield services company, on Friday posted a 78  percent jump in quarterly profit, beating Wall Street  forecasts, as its seismic unit that measures oil and gas  deposits expanded rapidly.
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Alcoa Inc. (AA.N: Quote, Profile, Research) , the world&#39;s biggest aluminum producer, posted only slightly better quarterly earnings on Thursday, as higher metal prices were
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Chevron Corp. , the No. 2 U.S.  oil company, on Friday said its quarterly profit rose 18  percent, driven by a surge in crude oil prices, but its results  fell short of expectations and the stock fell in premarket  trading.
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Aluminum producer Alcoa Inc   said on Wednesday that fourth-quarter net profit rose 76  percent on restructuring and tax benefits, offsetting lower  aluminum prices.