Northrop Grumman profit up, raises forecast
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Defense contractor Northrop Grumman Corp  said on Wednesday third-quarter profit rose more than expected, helped by strong sales at its information technology and shipbuilding units.
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World Airways Inc. raised its third-quarter revenue and operating income forecasts on Wednesday, citing benefits from military and commercial contracts; shares of the cargo carrier jumped more than 35 percent.
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SAN FRANCISCO (CBS.MW) - Northrop Grumman said Wednesday its third-quarter profit rose 51 percent as higher sales of ships and missiles contributed to wider operating margins.
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Anheuser-Busch Cos. Inc. , said  on Thursday that quarterly net income rose on stronger domestic  beer shipments.
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Commercial truck maker Navistar  International Corp. NAV.N said on Thursday quarterly earnings  rose as it boosted sales and controlled costs.
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Boeing Co  said on Wednesday fourth-quarter profit rose a greater-than-expected 4 percent, as higher deliveries of its commercial aircraft offset a dip in military sales due to the creation of a satellite launch joint venture.
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United Parcel Service Inc.  said on Thursday its quarterly profit rose but missed expectations as shortfalls in its U.S. package business and rising fuel prices offset strength internationally.
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Robust demand for military equipment  and technology led four U.S. defense companies to post higher  quarterly profit on Wednesday, with jet maker Boeing Co. BA.N  reporting a 78 percent jump in earnings despite a decline in  commercial airplane revenue.
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Lockheed Martin Corp , said on Tuesday third-quarter profit rose a greater-than-expected 22 percent, and it slightly raised its full-year earnings forecast, on the back of higher sales of its jet fighters and electronic warfare systems.
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Hormel Foods Corporation posted a higher quarterly profit and gave a forecast for current-quarter earnings that was higher than analystsÂ estimates.
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Diversified manufacturer Honeywell International Inc.  posted a rise in quarterly profit as strong demand for aerospace equipment and automobile components boosted revenues, the company said on Wednesday.
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Titan Corp. , which provides technology and translating services to the U.S. military, on Wednesday reported a slightly higher quarterly profit.
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Northrop Grumman Corp. NOC.N  reported higher third-quarter earnings on Wednesday and an 11  percent increase in sales on strength in its mission systems,  integrated systems, ships and space technology businesses.
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First Industrial Realty Trust (FR.N) on Monday raised its profit forecast for the third quarter and full year, citing higher gains from the sale of properties owned by its joint venture.
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Department store operator Nordstrom Inc. on Tuesday said third-quarter profit jumped on higher sales, inventory changes and lower expenses, leading it above Wall Street estimates.
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Quarterly profit beat expectations on strong growth in its international, ground and freight segments.
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B/E Aerospace Inc.  said on Monday that quarterly operating profit rose 78 percent on higher sales and bigger margins and the world's largest maker of plane seats raised its 2007 earnings outlook.