Acquisitions boost Sage Group's annual profit
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Sage Group, a British supplier of business management software, has said its net profit increased by 15.3 percent to 152.5 million pounds in 2005-2006, helped by acquisitions.
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The European aerospace giant EADS today announced that it had more than doubled its profits in the first nine months of the year. EADS said the increase was helped by a surge in deliveries of its Airbus passenger jets.
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Profits at mining group Xstrata more than double, boosted by acquisitions and rising 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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Ryder System Inc. R.N on Monday  reported an increase in quarterly net profit amid increased  demand for transport services, especially in its fleet  management division.
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Investment bank Bear Stearns reports a 38% jump in quarterly profits, boosted by merger and acquisition deals.
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The Lenovo Group, the personal computer maker, said its profit rose more than 600 percent in its latest fiscal year as it increased sales and restructured after its acquisition of I.B.M.âs PC unit. Profits were $161 million for the year, up from $22 million in the prior year. The Americas operations returned to profitability in the fourth quarter, meaning that all the global regions were profitable for the first time, the chief executive, William J. Amelio, said. Sales for the year, which ended March 31, rose 9.9 percent, to $14.6 billion, helped by strong sales of laptop and desktop computers in its home China market, Lenovo said. The company said its worldwide market share rose 0.2 percentage points, to 7.4 percent.
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Washington Post Co. WPO.N said on  Friday that quarterly profit jumped, boosted by results at its  Kaplan education unit and television broadcasting operations.
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Profits got a boost despite sluggish sales from the challenging environment.
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Brewer Fuller, Smith & Turner reports a sharp rise in profit after its purchase of rival beer company Gales last year.
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Growing market share in a growing market and shareholder-friendly use of money makes this company a great investment.
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But north American unit still struggling Accounting software maker Sage Group said today it remains on target to hit market expectations, but admitted that organic growth looks set to slow for the year ahead.â¦
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Quarterly profit for the period rose to $2.85 billion as the investment bank realized gains from takeover advice and the sale of its holdings in an energy company.
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U.S. stocks gained on Monday as a spate of takeover deals reassured investors that companies were attractive purchases at current prices.
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EMC saw a dramatic increase in profit over last year, mainly due to VMware acquisition and IPO.
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Continued improvement in its operational performance boosts second-quarter earnings.
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The home furnishings retailer reported quarterly profit of $25.97 million on an improvement at its Pottery Barn chain, sending its shares up as much as 11 percent.