Dow Chemical Profit Beats Estimates
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Fourth-quarter earnings fell 52 percent due to restructuring and a $1.7 billion rise in spending on materials and energy, but the results topped analystsâ  estimates.
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NEW YORK -- Dow Jones & Co., which is considering a bid to be bought by Rupert Murdoch's News Corp., reported lower second-quarter profits Thursday due to an accounting charge, but revenues and operating income rose.
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ADC Telecommunications Inc.  posted a sharp increase in quarterly profit on Wednesday, beating expectations, and gave a forecast that topped current estimates, sending shares 3 percent higher.
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KMG Chemicals Inc. ended the week on a strong note as its stock surged some 130 percent after the pesticide maker handed Wall Street fiscal first-quarter profit that more than doubled from last year.
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The Pepsi Bottling Group posted a profit on Tuesday that beat Wall Street estimates by a penny, despite flat volume.
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Dow Chemical Co  on Tuesday reported a drop in quarterly profit that was not as steep as analysts had expected as growth overseas helped offset weak U.S. housing and auto markets and spiraling energy and raw material costs.
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Stocks gained on Tuesday on higher-than-expected earnings, pushing the Dow above 14,000 for the first time and easing concern about the deteriorating subprime mortgage market.
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BP Plc, the world's second largest oil  company, reported bumper third-quarter profits on Tuesday on  the back of high oil prices and stronger than expected refining  and chemicals margins.
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The Dow Jones industrial average set an all-time high on Tuesday, surpassing the previous record made in 2000, as investors bet that sliding crude oil prices will underpin corporate profits even as economic growth slows.
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Nasdaq Stock Market Inc.  said  on Tuesday that quarterly earnings more than tripled, helped by  strong trade revenue.
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MIDLAND, Mich., Sept. 14  /PRNewswire-FirstCall/ -- The Dow Chemical Company , has declared a dividend of 37.5 cents per share, payable October 30, 2006, to shareholders of record on September 29, 2006.  This is the 380th consecutive cash dividend issued by Dow.
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DuPont Co , one of the largest  U.S. chemical makers, said on Tuesday that third-quarter profit  rose more than 8 percent on strong sales from its agriculture  and nutrition segment, coupled with overseas growth.
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Reuters Group Plc RTR.L posted better  than expected full-year profits on Wednesday thanks to  disposals, cost cutting, improving sales and a return to profit  at electronic trading unit Instinet, which it may sell.
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DuPont Co.  posted a third-quarter profit, reversing a year-ago loss, as higher chemical prices offset surging energy costs, the second-largest U.S. chemicals maker said on Tuesday.
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ChevronTexaco Corp. CVX.N, the No. 2  U.S. oil company, on Friday said quarterly profit nearly  doubled, driven higher by record crude oil prices and soaring  refining margins.
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The Dow Jones industrial average rose on Thursday after economic bellwether Honeywell International raised its profit forecast, offsetting doubts about whether a global plan to thaw credit markets could work.
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Archer Daniels Midland posted a record quarterly profit on higher selling prices for ethanol and corn sweetener.