ABN AMRO year profit up, to buy back shares
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Dutch bank ABN AMRO  posted a 7.6 percent rise in its annual net profit on Thursday, after buying Italian bank Antonveneta and selling off parts of its business, and said it would buy back 1 billion euros ($1.3 billion) of shares by the end of June.
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ABN Amro NV, the Netherlands' largest retail bank, said fourth-quarter net profit rose 33 percent due to asset sales, fewer bad loans and lower taxes.
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Mining giant Anglo American is to return $3bn to shareholders after reporting a 46% rise in annual profits.
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Royal Bank of Scotland Group PLC sweetened its $98.1 billion offer for ABN Amro Holding NV by increasing the cash portion, seeking to beat Barclays PLC to the world's biggest banking takeover.
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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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Barclays raises its offer for the Dutch bank ABN Amro, after getting Chinese and Singaporean loans.
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Bank of America Corp. , the second-largest U.S. bank, on Thursday said quarterly profit rose 5 percent as gains from equity investments helped offset soaring credit losses and lower earnings in its main business of retail banking.
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MELBOURNE (Dow Jones)--Fresh from two major acquisitions, Australia&#39;s biggest gambling company Tabcorp Ltd. (TAH.AU) Thursday said annual net profit rose 23% to A$311.
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American Express has seen its quarterly profits climb again, after higher spending on its credit cards.
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Property group Lend Lease Corp. on Wednesday announced a return to full-year profit and forecast earnings-per-share growth of more than 15 percent in the current year.
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The companyâs second-quarter profit rose 37 percent after factoring in losses from assets it sold, but on a continuing basis results fell on buyout costs at its newspapers.
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AUSTRALIA and New Zealand Banking Group has seen its second-half profit jump 18 per cent following the acquisition of New Zealandâs biggest bank, coupled with a strong demand for credit.
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Royal Bank of Scotland, which is seeking to buy Dutch rival ABN Amro, says it expects profits to beat forecasts.
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AMSTERDAM/LONDON  - British bank Barclays's hopes of taking over Dutch rival ABN AMRO  won a boost on Tuesday when a court adviser said ABN could sell its U.S. arm without a shareholder vote.
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Biotech giant Amgen Inc. reported Thursday that its fourth-quarter profits rose, topping analysts' estimates, despite government warnings about the safety of its popular anemia drugs.
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Europe&#39;s main stock markets mainly rose as investors seized on the latest developments in the multi-billion-euro takeover battle for control of Dutch lender ABN Amro, dealers said Monday.
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Barclays will continue its move for ABN Amro despite a share price slump wiping billions off its bid, reports say.