Diageo profit jumps 42 percent
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Diageo, the world's biggest maker of alcoholic drinks, has said that its net profit surged by 42 percent to 1.908 billion pounds during its financial year, boosted by strong sales in the United States.
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Cognos Inc., a maker of business-management software, on Tuesday said its earnings added 42 percent in the third quarter, beating Wall Street expectations as software sales surged during the period.
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The health insurer said its fourth-quarter profit rose 13 percent on higher premiums and fees from specialty insurance and Medicare Part D.
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CHERRY HILL, NJ -- Commerce Bancorp Inc., the parent of Commerce Bank, said Tuesday its profit jumped 42 percent in the third quarter, boosted by strong deposit growth.
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Procter &amp; Gamble Co. (PG.N: Quote, Profile, Research) on Wednesday said quarterly profit jumped 14 percent, boosted by strong sales and a gain from the recent divestiture of its juice business.
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The online retailerâs revenue was up 42 percent in its fourth quarter and its profits more than doubled, but its  profit margins were lower.
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Procter & Gamble, the consumer products company, said quarterly profit jumped 14 percent, boosted by strong sales and a gain from the sale of its juice business.
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The power generators said fourth-quarter profit rose 28 percent, helped by favorable weather, higher rates across much of its service area and marketing efforts.
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Procter & Gamble Co. PG.N  on  Wednesday posted higher quarterly profit, boosted by sales of  new products and continued gains in developing markets.
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Internet service provider United Online Inc. on Monday posted a 42 percent surge in third-quarter profit  --  helped by expanding margins and lower telecommunications costs  --  and raised its earnings outlook for 2004.
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Diageo PLC, the world's largest producer and distributor of alcoholic drinks, reported a 21.7 percent rise in annual earnings Thursday as strong international sales made up for weak growth in the European market.
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London - British drinks giant Diageo on Tuesday said it had raised $2.26 billion (R15 billion) from the sale of 49.9 million shares in US food company General Mills.
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Clorox Co.  on Monday said its quarterly profit rose more than six-fold, driven by gains its transfer of some businesses to Henkel KGaA  and on higher sales and cost-savings.
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Diageo Plc, the world's biggest  alcoholic drinks group, reported a 10 percent rise in  underlying earnings on Thursday but its shares fell on dashed  hopes that the group might raise current year targets.
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Diageo, the world's biggest maker of alcoholic drinks, said on Thursday that net profit advanced 8.9 percent in the first half of the group's financial year, boosted by performance abroad.
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PHILADELPHIA  â The Cigna Corporation, a health insurer, said on Wednesday that fourth-quarter profit rose 13 percent as growth in its overseas business and in its group disability and life operations helped to offset a slight decline in health care earnings.
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Morgan Stanley  on Wednesday said its second-quarter profit rose 40 percent, trouncing expectations as a number of trading and investment banking businesses achieved record results.