Woolworths Yearly Profits Up 12.3 Percent
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Australian supermarket giant Woolworths Ltd. on Monday reported a 12.3 percent increase in net profit to 730.7 million Australian dollars (US$528 million; euro 428.
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The retailer's earnings improve a lot despite soft sales.
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SAN FRANCISCO (CBS.MW) -- IBM said on Monday that third-quarter profit, excluding a pension-related charge, rose 12 percent from a year ago and slightly beat expectations, as the world&#39;s largest computer company boosted sales of everything from servers to
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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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American Express said yesterday that record spending had fueled a 12 percent jump in profit.
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Third-quarter net income rose 7.4 percent to $960 million, helped by strong demand in international markets. The company also raised its full-year profit outlook.
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British sweets-to-DVDs retailer  Woolworths  said trading over the key Christmas period  had been "very challenging" but it expected its retail business  to return to profitability this year.
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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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Retailer Next sees profits rise 3.6% after strong sales at its catalogue and internet arm offset weak same-store sales.
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Credit Agricole , France's biggest retail bank, reported a 12-percent rise in year-on-year third-quarter net profit that was above the average market forecast, although earnings fell from previous quarters.
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Marks and Spencer, the British clothing-to-food retailer, has confirmed its recovery with a 47.6-percent rise in annual pre-tax profits.
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The drugmaker's Q2 boasts 12% earnings growth.
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Woolworths Ltd., Australia&#39;s biggest grocer, increased its stake in takeover target Australian Leisure &amp; Hospitality Group to 16.
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Plane maker Boeing has said its third quarter profits shot up 78% from a year ago to $456m. The company also gave an upbeat forecast for the rest of 2004 and into 2005.
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Citigroup Inc., the world's largest financial services company, on Thursday said fourth-quarter profit rose 12 percent, helped by growth in its consumer and investment banking businesses.
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Wells Fargo & Co. WFC.N and U.S.  Bancorp USB.N, two of the largest U.S. banks, on Tuesday both  said third-quarter profit rose 12 percent.
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Global mining giant Anglo American said its net profit struck 7.304 billion dollars (4.963 billion euros) last year, up 18 percent on 2006, boosted by high output and soaring metals prices.