Smithfield&#39;s profit more than doubles
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SMITHFIELD Pork processor Smithfield Foods Inc. said yesterday that net income in the first quarter more than doubled as improved profitability in hog production and strong results in pork offset lower beef earnings.
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Biogen Idec reported Thursday that its fourth-quarter profit nearly doubled on growing sales of treatments for cancer and multiple sclerosis.
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CME Group Inc , parent of the world's largest derivatives exchange, said on Tuesday quarterly profit nearly doubled, driven by strong volume growth.
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Merck & Co.  on Monday said its  second-quarter earnings more than doubled on growing demand for  its drugs, blowing past Wall Street expectations, and raised  its full-year profit forecast.
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Smithfield Foods offered up a surprise in its earnings conference call.
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Excluding the one-time items, earnings per share more than doubled at the publisher as revenue rose nearly 20 percent.
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ChevronTexaco Corp. CVX.N, the No. 2  U.S. oil company, on Friday said quarterly profit nearly  doubled, pushed up by a double boost of record energy prices  and higher refining margins.
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BRAMBLES&#39; decision to overhaul its troubled Chep pallet business has paid off in spades by doubling second-half profit. Brambles posted an after-tax result of $168 million for the June half, up from $82 million for the same period last year.
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Smithfield Foods Inc. SFD.N on  Thursday said quarterly earnings more than doubled due to  higher hog prices and the hog and pork producer's acquisition  of Farmland Foods last year.
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Toll Brothers Inc. reported on  Thursday quarterly earnings that nearly doubled, buoyed by  growing demand for its luxury homes, and the company raised its  forecast for 2005.
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Apple announced on Wednesday that its quarterly profit more than doubled because of continued strong sales of iPod music players, beating Wall Street estimates by a wide margin
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ZURICH : Swiss reinsurance group Swiss Re said it had nearly doubled its net profit in the first half of the year thanks to a better-than-expected investment result.
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Smithfield Foods Inc. SFD.N, one of  the nation's largest meat producers, on Thursday said quarterly  earnings more than doubled due to higher hog prices and its  acquisition of Farmland Foods last year.
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Smithfield Foods Inc. (SFD.N: Quote, Profile, Research) , the largest US pork producer, on Tuesday posted a 61 percent rise in quarterly earnings due to strong hog prices and the purchase of Farmland Foods last year.
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Strong pork sales drive Smithfield Foods' big quarter.
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NYMEX Holdings Inc. , which owns the largest physical commodities exchange in the world, said on Wednesday quarterly profit more than doubled, helped by growth in electronic commodities trading.
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Smithfield Foods Inc. SFD.N, the top  U.S. hog and pork producer, on Monday said preliminary earnings  per share for the fiscal third quarter were stronger than Wall  Street expectations, helped by higher hog prices, sending  shares to an all-time high.