Mazda Lifts Full-Year Forecasts
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Japanese auto maker Mazda Motor Corp. posted a 53 percent jump in half-year operating profit and raised its full-year forecasts to what would be a record as sales of the Mazda3 and other cars soared in Europe.
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Japanese carmaker Nissan reports its first quarterly profit in more than a year, boosted by new models.
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For the first time in a while, the monthly passenger figures show good growth.
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Porsche, the German maker of luxury sports cars, revised upwards Monday its figures for earnings in the six-month period to January.
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A recovery in the economy later  this year will keep U.S. vehicle sales from plunging as deeply  as the most bearish forecasts suggest, according to an outlook  released on Sunday by the group representing U.S. auto dealers.
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Industrial output in the US has beaten forecasts in December, increasing for the 19th month in a row.
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The chemical giant also raised its full-year earnings outlook, as it expects overseas sales growth to continue to outweigh lower demand in the United States.
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A recovery in the economy later this year will keep U.S. vehicle sales from plunging as deeply as the most bearish forecasts suggest, according to an outlook released on Sunday by the group representing U.S. auto dealers.
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Helped by sales of generic drugs, the pharmacy benefit manager lifted its full-year profit forecast, sending its shares higher.
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Caterpillar Inc., the world&#39;s largest maker of heavy equipment, boosted its 2004 revenue outlook Tuesday, citing strong demand.
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Honda Motor Co  posted a forecast-beating 63 percent jump in quarterly earnings as strong sales of its new CR-V crossover made up for higher raw material costs, and it raised its full-year net profit forecast on a lower tax rate.
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Ford lifted full-year and fourth quarter earnings boosted by buoyant results from its car and truck loans business rather than from making cars.
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US aerospace giant Boeing raises its forecasts for the year after unveiling higher-than-expected profits.
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Nissan reported a 26.6 percent jump in October-December profit Friday and kept its full year forecasts as strong sales appeared to quell looming worries about a U.S. slowdown and an unfavorably strong yen.
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Japanese electronics makers Nikon and Olympus reported higher net profits for the nine months to December and raised forecasts for the full year on strong demand for high-end products.
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Ford has raised its third-quarter and 2004 profit forecasts because of strength in its financial services business and cost improvements in its car operations.
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Retail sales, helped by sizzling activity in auto showrooms, jumped by 1.2 percent in December, providing a solid finish to a year in which sales climbed at the fastest pace since 1999. The increase pushed total spending for the month to a seasonally adjusted $349.4 billion, the Commerce Department said.