Sanyo turns operating profit in 06/07
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Japan's Sanyo Electric Co. Ltd. reported a swing to an annual operating profit after cost cuts more than offset sluggish digital camera sales, but it forecast an unexpected earnings decline for this year.
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Diversified manufacturer Honeywell  International Inc.  said on Thursday it expects profit  to rise 13 percent to 17 percent in 2007, to $2.85 to $2.95 per  share.
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Japanese consumer electronics giant Matsushita said its December quarter net profit jumped 46.7 percent on strong digital product sales, allowing it to upgrade its operating profit forecast for the full year while downgrading its net profit estimate on restructuring costs.
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Takeover target Rio Tinto unveils a profit of $7.44bn for 2007 - 1% higher than a year earlier.
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Toll Holdings Ltd.'s  Pacific National unit has won a A$1 billion ($780 million), seven-year contract to transport steel for Bluescope Steel Ltd.  and OneSteel Ltd. , sending Toll's shares up 2.5 percent.
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Sanyo Electric Co. said Monday it will sell its troubled mobile phone operations to Kyocera Corp.
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Matsushita Electric Industrial Co. Ltd., the maker of Panasonic brand products, reported a 5 percent rise in quarterly operating profit, driven by robust sales of flat TVs, and it kept its full-year outlook.
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Japan's Nikkei average rose 0.67 percent to its highest close in 7 years on Monday after a strong jobs report in the U.S., and higher-than-expected machinery orders in Japan spurred buying of machinery and tech stocks including Fanuc Ltd. .
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Takeover target mining firm Rio Tinto unveils a $7.44bn profit for 2007 - 1% higher than a year earlier.
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Toyota said its profit rose 7.5 percent in the October-to-December quarter as its strategy of shifting its focus to emerging markets appears to be paying off.
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Retailers such as Ito-Yokado got a lift after government data showed activity in Japan&#39;s service sector rose in June as a wide range of businesses including retailers and restaurants enjoyed a recovery in customers.
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Struggling electronics maker Sanyo   Electric Co. 6764.T is considering slashing up to 1,000 more   jobs as it seeks to rebuild its appliance operations, the   Sankei daily reported on Thursday.
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Panasonic maker Matsushita (6752.T)  reported a 22 percent gain in quarterly operating profit on  brisk demand for its digital cameras and flat televisions, and  it stood by its annual outlook that falls short of market  expectations.
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The South Korean consumer electronics and appliances company swung to a profit in the second quarter on strong sales of appliances and premium mobile phones.
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Lenovo Group Ltd., the world's No. 4 personal computer maker, said Wednesday its profits grew nearly sevenfold in its latest fiscal year as it boosted sales and restructured following its acquisition of IBM Corp.'s PC unit.
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French food giant Groupe Danone has said that 2006 operating profits rose 10.1 percent to 1.914 billion euros (2.50 billion dollars), on sales that rose 8.1 percent to 14.073 billion euros.
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By Kyodo News International, Tokyo  Jan. 30--TOKYO -- Sanyo Electric Co. said Tuesday its group net balance  in the three months to Dec. 31 sank into the red as it booked an 11.9 billion  yen one-off expense to pay special retirement allowances under its workforce  downsizing program.