Demand Helps CACI Profit Increase 56%
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CACI International Inc. said increased demand for its homeland security and intelligence services helped boost fourth-quarter profit by 56 percent over the same period a year earlier.
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Profit rose 34 percent, bolstered by AOL asset sales in Europe, a rise in digital cable and phone customers, and online advertising sales.
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The company said it earned $52 million in the fourth quarter on strong U.S. and international sales. Its shares climbed more than 7 percent in morning trading.
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The cement maker Holcim increased profit more than analysts estimated on expansion in China and India and may acquire a controlling stake in Ambuja Cements of India. Second-quarter net income more than tripled, to 2.07 billion Swiss francs ($1.72 billion), bolstered by a gain of 1.1 billion francs from the sale of a stake in its South African unit, Holcim, based in Jona, Switzerland, said. Sales rose 16 percent, to 7.27 billion francs. Holcim will offer up to $1.34 billion to gain a majority of Ambuja, based in Mumbai.
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Business demand for PCs will result in higher than anticipated growth of the sector for the second half of the year. Analyst IDC has revised its predictions having witnessed strong commercial demand for PCs
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An IDC report predicts that the market will grow at a compound annual growth rate (CAGR) of 20 percent to ship over 50 million units in 2008, up from just 12.
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Ryder System Inc. R.N on Friday  reported quarterly profit jumped 59 percent, beating Wall  Street forecasts, on strong demand for commercial truck  rentals.
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UK engineer and project manager Amec Plc   AMEC.L on Thursday its first-half underlying profit had risen   21 percent and it expected to make good progress in 2007.
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IRISH drinks firm C&amp;C today posted a six per cent rise in first-half profits. The owner of Bulmers cider in Ireland and Ballygowan mineral water said operating profit in the six months to August 31 rose 6.1
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The company posted quarterly net profit of $904 million and revenue of $6.22 billion, up 29 percent from a year earlier.
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Circuit CityÂs profit rose more than sevenfold, benefiting from increased sales in flat-panel TVÂs and digital-imaging products.
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Manufacturing orders improve to stand at their best levels in 21 months, buoyed by export demand, the CBI says.
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Quarterly earnings rose to $58 million, or 18 cents per share, from $48 million, or 16 cents per share, last year. Excluding results from casinos scheduled to be sold, a write-down of the book value of Caesars
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The company reported profit of $5.83 billion for the year as demand for its upscale sedans and SUVs led to a surge in sales.
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Profit soared on increased sales volume, a lower tax rate and cost savings.
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Discount brokerage TD Ameritrade Holding Corp  posted a 56 percent rise in quarterly profit on Tuesday, beating Wall Street estimates, as client assets grew and stock market volatility led to increased trading activity among clients.
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U.S. mortgage applications rose last week, fueled by increased demand for home purchase loans even as interest rates hit their highest level in nearly a year, an industry group's data showed on Wednesday.