NEC posts higher net profit in first half but lowers forecast
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Japanese computer giant NEC said its interim net profit rose 62.6 percent to 25.2 billion yen (240 million dollars) but it cut its forecasts, citing slower mobile handset and semiconductor markets.
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Toyota Motor Corp. reported a slight dip in earnings in the second fiscal quarter but marked a record profit for the first fiscal half Monday as sales growth in North America, Europe and Japan offset losses from an unfavourable exchange rate.
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Mizuho, one of Japan&#39;s four biggest banking groups, reported Monday that group net profit for the first fiscal half fell 8.4 percent from the previous year, despite some progress in getting rid of bad debts.
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Mizuho and Sumitomo Mitsui, two of Japan&#39;s four biggest banking groups, reported Monday that their group net profits for the first fiscal half fell from the previous year, despite some progress in getting rid of bad debts.
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SAN FRANCISCOâAnalog chip maker National Semiconductor Corp. yesterday posted a higher quarterly profit, 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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Major Japanese electronics makers posted higher profits in the six months to September but reported mixed forecasts for the year to March on uncertain US economic prospects and high energy costs.
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Japanese electronics maker NEC Corp. said Tuesday its net profit dropped nearly 78 percent in the October-December quarter, hurt by sluggish sales of mobile phones and personal computers.
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Shares in Toyota Motor Corp. 7203.T   erased earlier gains to trade slightly lower on Thursday, a day   after the company lifted its first-half parent net profit   outlook by a third mainly to reflect a weaker-than-expected   yen.
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Nintendo Co. Ltd.'s net profit fell 43  percent in the latest quarter and the videogame maker cut its  forecast for the full year by more than a fifth, citing a  strong yen and weak sales of its GameCube consoles.
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Japan's Nintendo Co Ltd nearly tripled  its first-half profit and boosted its annual earnings outlook  on Thursday as its popular Wii and DS game machines outsell  rival Sony Corp's PlayStation.
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Mitsubishi Electric Corp  on Monday posted a better-than-expected 38 percent rise in first-half operating profit, helped by strong sales of power systems and elevators to emerging nations, and it raised its full-year outlook by 17 percent.
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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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The company reported net income of $509 million in its first fiscal quarter, compared with $440 million in income for the same quarter a year ago.
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Black & Decker forecast earnings of $1.10 to $1.20 a share for the first quarter, while some analysts were expecting $1.40.
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DALLAS Brinker International today says its first-quarter profit fell by more than half from a year earlier. That&#39;s despite increased revenues as charges and higher expenses hurt results.
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Fisher &amp; Paykel Appliances Holdings Ltd., New Zealand&#39;s biggest home appliance maker, said first-half profit fell 1.2 percent because of a decline in sales in its largest markets, and higher costs for steel and plastics.
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Toyota Motor Corp. reported a slight dip in earnings in the second fiscal quarter but marked a record profit for the first fiscal half Monday, as sales growth in North America, Europe and Japan offset losses from an unfavorable exchange rate.