Australia&#39;s Woolworths second-half profit up
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Australian supermarket giant, Woolworths, beat forecasts on Monday with a 12 per cent rise in second-half profit on vigorous cost savings and its ability to drive margins despite a competitive onslaught.
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Gallaher Group Plc, the UK maker of Benson &amp; Hedges and Silk Cut cigarettes, said first-half profit rose 31 percent as the company sold more tobacco in Eastern Europe.
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Supermarket Morrisons says first half profits almost doubled, despite tough market conditions.
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Australia&#39;s biggest retailer, Coles Myer, beat its forecasts with a 26.5 per cent rise to record annual profits and said it was on track to meet profit growth forecasts for the next two years.
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Consumer electronics retailer Best Buy Co. said Wednesday that second-quarter earnings rose on cost controls and improved margins to beat Wall Street expectations.
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Swiss food group Nestle reported first-half net profit rose by 2.1 percent to 2.838 billion Swiss francs (1.85 billion euros, 2.28 billion dollars) from a year ago, below market expectations, but predicted improvement in the second half.
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Australian travel retailer Flight  Center Ltd.  said on Thursday its first-half profit  rose 10 percent, boosted by recent acquisitions despite  disappointing sales growth.
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SYDNEY: Australia&#39;s biggest supermarket operator Woolworths Ltd said yesterday it sees its liquor sales this financial year rising to $A3.5 billion, including its recent acquisition in Queensland, from $A2.1 billion in fiscal 2004.
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Clothing retailer Talbots Inc. reported a slight rise in second-quarter profit on Wednesday, lifted by an income-tax benefit and higher mail-order sales during the period.
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Retailer Best Buy Co  reported better-than-expected second-quarter earnings on Tuesday, helped by international sales and demand for computers and video games, and raised its full-year profit forecast, pushing its shares up more than 5 percent.
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KeyCorp , a large U.S. Midwest bank, said on Tuesday that second-quarter profit rose 8 percent, helped by growth in fee income.
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SYDNEY: Coles Myer Ltd, Australiaâs biggest retailer, increased second-half profit by 26% after opening fuel and convenience stores, selling more-profitable groceries and cutting costs.
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Office Depot Inc. , the world's  No. 2 office-supplies retailer, on Wednesday said quarterly  profit rose, helped by slightly higher sales at its North  American stores.
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Australian &amp; New Zealand Banking Group Ltd. Tuesday reported a 20 percent increase in net profit to 2.82 billion Australian dollars (US$2.
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BHP Billiton, the world&#39;s biggest mining company, has doubled its profits in the second half of the year on the back of booming global commodity prices.
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BellSouth Corp.  on Monday said  second-quarter profit rose, boosted by growth in wireless and  high-speed Internet services.
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Starwood Hotels & Resorts Worldwide  Inc.  on Thursday posted better-than-expected  second-quarter profit on gains from the sale of some hotels and  higher room rates, and raised its outlook for the year.