Manulife Q3 profit up 82% to $717 million, with help from John ...
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TORONTO (CP) - Manulife Financial Corp. reported Thursday an 82 per cent increase in quarterly profits, boosted by its $15-billion takeover of American insurance company John Hancock Financial last spring.
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BJ's Wholesale Club Inc. BJ.N, the  No. 3 U.S. warehouse club operator, on Tuesday posted a 13.8  percent increase in quarterly profit, helped by improved  merchandise and operations.
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Plus: Matsushita profit up 22 percent...Amazon's profit up, margins squeezed...SAP cautious on 2008...Yahoo profit falls.
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The Manulife Financial Corporation, a Canadian life insurance company, said it would buy the Berkshire-TWC Financial Groupâs mutual fund and securities dealerships to bolster its Canadian wealth management business. Manulife said the deal would double its number of Canadian wealth management advisers and triple its assets under administration in that business. The deal is part of a plan by Manulife of Toronto to expand its mutual funds unit. The takeover creates a sales force of 1,500 independent advisers and a business with about 19 billion Canadian dollars ($17.7 billion) in assets under administration. The price was not disclosed.
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Diversified technology and manufacturing company Honeywell International Inc. (NYSE: HON) posted an eight percent gain in third-quarter profit Wednesday.
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Hennes &amp; Mauritz AB, Europe&#39;s largest clothing retailer, said fiscal third-quarter profit rose 18 percent, the fastest rate in five quarters, as a cooler summer spurred demand for jackets
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Lennar Corp., the No. 3 US homebuilder by stock market value, said fiscal third-quarter profit rose 12 percent, higher than analysts estimated.
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The shipping carrier reported third-quarter profit of $1.08 billion, a 3.7 percent increase from the same period  a year ago, on a modest rise in sales.
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The household appliance maker said its second-quarter profit rose 77 percent as strong international growth offset weak industry demand and higher material prices.
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Top fashion retailer Hennes & Mauritz reported record profitability in the fourth quarter, helped by a collection from Karl Lagerfeld, the first showing of a U.S. profit and tight cost control.
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National City Corp. (NCC.N: Quote, Profile, Research) on Thursday said third-quarter profit rose a greater-than-expected 72 percent, helped by a recent acquisition and its consumer and corporate banking businesses.
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Kingfisher reported a rise of 6.7 per cent in retail profit to Â£190m for the third quarter with like-for-like sales up 2.6 per cent.
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French food giant Groupe Danone has said that 2006 operating profits rose 10.1 percent to 1.914 billion euros (2.50 billion dollars), on sales that rose 8.1 percent to 14.073 billion euros.
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Investment bank Bear Stearns & Co.   Inc. BSC.N on Thursday said third-quarter net income rose,   helped by strong sales and trading results.
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SAN FRANCISCO: Hewlett-Packard Co said on Tuesday its quarterly profit rose 27% as the computer and printer maker saw record revenues in every business and every region and fixed problems with its server and storage unit, sending shares higher by 8%.
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VF Corp , the world's largest jeans maker, on Thursday said third-quarter profit jumped 24 percent, boosted by recent acquisitions, and set a new long-term sales growth target of 8 percent.
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Net profit in the fourth quarter rose to 753 million euros ($1.09 billion), helped by sales of the blood-thinner Plavix in the United States and cost-cutting measures, the company said.