LG Electronics Posts Second-Quarter Profit
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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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The electronics retailer said it swung to a third-quarter profit, overcoming lower revenue by cutting costs and selling more high-margin items.
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Swedish telecommunication equipment maker Ericsson on Friday reported a gain in second quarter net earnings but its sales performance fell short of market expectations.
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LG Electronics Inc., Korea&#39;s second-largest electronics-maker, yesterday reported a 36 percent increase in its third-quarter profits, beating analyst forecasts thanks to a jump in its mobile phone handset sales.
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LG Electronics' plasma business is improving steadily and the display division hopes to post a single-digit operating profit margin by the end of the year, the head of its display business said on Sunday.
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Shares in LG Electronics Inc.  rose as much as 4.7 percent on Tuesday amid market speculation its operating profit margins in mobile phones are stronger than expected so far in the current quarter.
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Reversing a year-earlier loss, Sun Microsystems this afternoon reported second-quarter net profit of $28 million and revenue of $2.84 billion.
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Johnson & Johnson  on Tuesday said second-quarter profit rose on higher sales of medical devices and prescription drugs, beating Wall Street expectations on especially strong demand in overseas markets.
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Flat screen maker LG.Philips LCD Co Ltd  reported its strongest ever quarterly profit on Monday, rebounding from a year-ago loss, as solid demand and tight supplies kept screen prices firm.
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National Semiconductor Corp. posted a higher quarterly profit Thursday, with sales in line with its reduced forecast on lower-than-expected demand for flat-panel displays and from Chinese wireless handset makers.
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Royal Philips Electronics NV, a maker of medical and lighting equipment, said Monday net profit for the second quarter rose on the sale of its stake in a Taiwanese semiconductor company, but that exchange rates hurt sales.
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Department store operator J.C. Penney  Co. Inc. JCP.N on Tuesday posted a second-quarter operating  profit, reversing a year-earlier loss, helped by inventory  controls and strong department store sales.
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MUMBAI: Electronics and entertainment major Sony has reported a 61 per cent increase in net profit for the second quarter ended 30 September.. Sony&#39;s net income rose to 53.2 billion yen ($500 million) from
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The cardiovascular device maker said its second-quarter profit, excluding charges, was $271 million, or 18 cents per share, compared with $412 million, or 31 cents per share, a year ago.
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Japan's Sony Corp. on Thursday posted record high second quarter net profits, helped by brisk sales of digital cameras and laptop computers which offset heavy losses from the PlayStation 3.
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Nordstrom reported a strong second-quarter profit as it continued to select more relevant inventory and sell more items at full price.
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Johnson & Johnson  on Tuesday  said second-quarter profit rose on higher sales of medical  devices and prescription drugs, with especially strong demand  in overseas markets.