Anglo unveils $5 bln cash return as profit jumps
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Mining company Anglo American Plc   is handing investors back an extra $5 billion after  meeting forecasts with a 44 percent rise in first-half  earnings, lifting its shares more than 4 percent.
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The Anglo-Australian mining giant unveils record profits of $3.4bn, helped by soaring demand from China.
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HINGHAM, Mass.  - Talbots Inc. said Wednesday its profit for the latest quarter edged up five per cent, boosted by higher sales and an income-tax gain.
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European equities flirted with 5-month peaks as hopes that economic growth was sustainable and a small dip in oil prices helped lure investors back to recent underperformers such as technology and insurance stocks.
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Standard Chartered, the Britain-based emerging markets bank, said Tuesday that strong economic growth in its key Asian markets helped boost its net profits by almost one fifth in 2006.
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European stock markets have hit their highest levels for more than five years, after a record overnight performance on Wall Street, with London gains underscored by BAE Systems.
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No. 5 US bank posts profit of $1 a share, two cents better than estimates, revenue up 5%. NEW YORK  - Wachovia Corp., the No.
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Anglo-Dutch steel producer Corus yesterday reported its first profit since it was formed by the merger of British Steel and Hoogovens almost five years ago.
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Gallaher Group, the maker of the Benson & Hedges brand in Europe, said it had received an offer of Â£7.5 billion ($14.7 billion).
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Bank of England raises interest rates by a quarter point to 5.75%, their highest level for six-and-a-half years.
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Gas giant BG Group has said that net profits leapt 23 percent last year on rising production and increased energy prices.
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Britain's BT Group Plc  posted third-quarter core earnings in line with forecasts on Thursday and issued a strong outlook amid a better-than-expected broadband performance, helping its shares touch five-year highs.
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British Airways reported a 28.5 percent  rise in operating profit for the first nine months of its  financial year, and said its longhaul premium business was  still shrugging off weakness in financial markets.
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Corus, Britain&#39;s biggest steelmaker, yesterday reported its first profits since the merger of British Steel and Dutch rival Hoogovens five years ago.
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Global mining giant Anglo American on Wednesday said its 2007 net profit jumped 18 percent to 7.30 billion dollars (4.96 billion euros), boosted by high output and soaring metals prices.
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The London Stock Exchange issued a bullish profit forecast and pledged a dividend hike on Tuesday as it urged shareholders to reject a 2.7-billion-pound ($5.27-billion) hostile bid from U.S. rival Nasdaq.
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Global mining giant Anglo American reported on Wednesday record profits in 2006 on the back of strong metal prices and keen Chinese demand.