Schlumberger profit rises, but misses forecasts
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Schlumberger Ltd , the world's  largest oilfield services company, posted a 22 percent rise in  fourth-quarter profit on Friday, but said weaker prices in the  United States and the effects of seasonal weather hurt margins.
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Anheuser-Busch Cos. Inc. BUD.N,  the largest U.S. brewer, said on Wednesday quarterly profit  rose, but domestic market share slipped and the company  forecast a tough year for growing profit in its beer business.
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Kroger Co., the top U.S. grocer, on  Tuesday posted a 29 percent rise in quarterly profit due to  cost controls, but price cuts to lure shoppers caused earnings  to miss Wall Street estimates and shares fell.
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Schlumberger Ltd. , the world's  largest oilfield services company, on Friday posted a 78  percent jump in quarterly profit, beating Wall Street  forecasts, as its seismic unit that measures oil and gas  deposits expanded rapidly.
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Third-quarter profit, helped by sales of jet fighters and electronic warfare systems, beat Wall Street expectations, but the companyâs forecast for next year was slightly below analystsâ estimates.
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The No. 2 U.S. oil company reported a rise in quarterly profit pumped up by record oil and gas prices and gains on asset sales.
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Royal Dutch Shell Plc posted a 2.6 percent rise in underlying quarterly profits on Thursday, beating analysts' forecasts, thanks to higher production and strong oil prices.
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Diversified manufacturer Honeywell International Inc  said on Friday profit rose 14.2 percent amid continued strong demand from the aerospace and commercial construction sectors, but results were slightly below Wall Street's expectations.
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Quarterly profit beat expectations on strong growth in its international, ground and freight segments.
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Anheuser-Busch Cos Inc  said on Wednesday quarterly profit rose as the nation's largest brewer sold more beer at higher prices.
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Schlumberger Ltd. , the world's largest oilfield services company, on Friday posted a third-quarter profit but weakness in the U.S. Gulf of Mexico and a pullback in its Russian operations weighed on shares.
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Caterpillar Inc.  said on Friday its profit in the latest quarter rose more than 10 percent as strong international mining, energy and construction sales offset a decline in U.S. equipment and engine sales.
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Defense contractor General Dynamics Corp. reported a 23 percent jump in profit in its third quarter yesterday despite escalating costs on a contract to build commercial oil tankers.
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Anheuser-Busch Cos. Inc. reported a slight rise in third-quarter earnings Wednesday, despite a general slowdown in its beer business.
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Caterpillar Inc.  said on Friday  its profit in the latest quarter rose more than 10 percent as  strong international mining, energy and construction sales  offset a decline in U.S. equipment and engine sales.
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Profit was up despite a drop in production, but Shell warned that the underlying performance of its refining operations was weaker than it appeared.
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Loews Corp. , the conglomerate run by the Tisch family, reported a nearly six-fold increase in fourth-quarter profit on Monday, helped by improved results at its insurance and drilling units.