Spanish Bank BBVA Sees Profit Rise
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Spain&#39;s second-largest bank, Banco Bilbao Vizcaya Argentaria, said Monday its nine-month net profit rose 18.4 percent on strong income from Spain and Mexico.
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Wachovia Corp. WB.N, the No. 4 U.S.  bank, on Wednesday said fourth-quarter profit rose, including  its acquisition of SouthTrust Corp. during the quarter.
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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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LONDON (CBS.MW) -- Spanish bank BBVA (BBV) on Tuesday said it has agreed to buy privately-held Laredo National Bancshares of Texas for $850 million.
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BBVA bank, the second-biggest Spanish bank, said it has reached an agreement to buy Texas-based US bank Compass Bancshares for 9.6 billion US dollars (7.4 billion euros).
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Spanish utility Gas Natural  posted 2006 net profit of 854.5 million euros ($1.12 billion) on Monday, up 14.1 percent year-on-year, and ahead of analysts' forecasts.
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British Airways PLC said Monday that net profit rose by 25.5 percent over the latest quarter and that passenger numbers also rose.
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MADRID, Spain - BBVA, Spain&#39;s second-largest bank, said Tuesday it has agreed to buy Texas-based Laredo National Bancshares for $850 million in cash as part of a strategy to gain a greater share of the US Hispanic market.
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The commercial bank says it will restate earnings upward.
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Record fuel prices almost halved British  Airways' third-quarter profits, but Europe's No.2 airline  raised its full-year revenue forecast on Friday as passenger  numbers and its cargo business both improve.
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Bank of America Corp. BAC.N, the No.  3 U.S. bank, on Tuesday said fourth-quarter profit rose 41  percent, helped by growth in consumer banking fees and its  purchase of FleetBoston Financial Corp.
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Spain&#39;s second-largest bank BBVA on Tuesday agreed to buy Texas-based financial services group Laredo National Bancshares for $850 million, driving further toward a long-standing goal to build up a US presence.
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Spain's second-biggest bank Banco Bilbao Vizcaya Argentaria (BBVA) on Monday announced it was setting up a private equity fund for US-based Latinos.
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One of Spain&#39;s largest banks will soon be crossing the Mexican border in search of Hispanic customers. BBVA announced Tuesday it plans to buy Laredo National Bancshares for $850 million.
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Anheuser-Busch Cos Inc  said on Thursday that quarterly profit rose, as the brewer sold more beer despite the slowing economy.
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Bank of America Corp. , the  second-largest U.S. bank, said on Thursday quarterly profit  rose 5 percent, topping analyst estimates, as gains from  private equity and investment banking offset lower retail  banking earnings and worsening loan quality.
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Pepsi Bottling Group Inc. PBG.N, the  largest bottler of Pepsi drinks, on Tuesday said quarterly  profit rose on volume growth in the United States and Europe.