Bertelsmann Boosts First-Half Profit
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German media company Bertelsmann AG said Wednesday that profits climbed sharply in the first half of this year, boosted by a turnaround at its BMG music unit and a strong performance by broadcaster RTL Group.
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Dutch brewing giant Heineken reported a 25-percent increase in net profit in the first half of the year, driven by success of its Heineken beer brand.
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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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China Telecom Corp., the listed arm of the nation&#39;s biggest fixed-line operator, said first-half profit rose 28 percent after it added networks and secured more users for a service that competes with mobile-phone companies.
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Supermarket giant Tesco sees first half profits jump 24.2% to Â£822m ($1.47bn) and said its sales of non-food items continues to grow.
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Clorox Co.  on Monday said its quarterly profit rose more than six-fold, driven by gains its transfer of some businesses to Henkel KGaA  and on higher sales and cost-savings.
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SABMiller PLC, the world's second-largest brewer by volume, said Thursday that strong sales helped net profit more than double in the first half of the fiscal year.
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Memory maker announces first half-yearly profit, too
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Sanofi-Aventis SA, the world&#39;s third- largest drugmaker, said predecessor company Sanofi-Synthelabo SA&#39;s first-half profit rose 21 percent, helped by demand for the blood thinner Plavix and the cancer treatment Eloxatin.
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French telecoms and media group Vivendi   VIV.PA reported a 10.9 percent rise in its first-half net   adjusted profit on Thursday, as growth from games and pay-TV   Canal Plus made up for lackluster trading at mobile arm SFR.
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Resona Holdings Inc., Japan&#39;s fifth- largest bank by assets, said it turned to a first-half profit after it cut costs and increased fee income, accelerating its recovery from a $19 billion government bailout last year.
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Third-quarter operating profit rose more than 50 percent thanks to resurgent earnings at the companyâs core VW brand.
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The printer maker also predicted better-than-expected first quarter earnings, sending shares up.
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Japanese car maker Mazda turns in forecast-beating first-half profits, helped by a jump in European sales.
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Bertelsmann, the world's fifth-biggest media group, has said that group earnings were up first six months of the current year, thanks to the strong performance of its RTL television arm and new acquisitions.
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SABMiller, the brewing company, said Thursday that its first-half profits rose 28 percent compared with the first half of the previous year.
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Aug. 18 (Bloomberg) -- Nestle SA, the world&#39;s largest food company, said first-half profit rose 2.1 percent, less than forecast, as sales in Western Europe declined and costs for sugar, milk and packaging increased.