Steelcase Posts Profit
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Steelcase Inc. , the world's largest office furniture maker, posted a quarterly profit on Friday, reversing a year-earlier loss, as orders increased and it passed on higher costs to its customers.
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U.S. Steel Corp  posted a 35 percent decline in third-quarter profit on Tuesday, worse than Wall Street had expected, and forecast weak fourth-quarter earnings, sending the steelmaker's shares down 6 percent.
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Microsoft said it eked out a gain in net profit despite taking a $1 billion charge to pay for repairs to its Xbox 360 game consoles.
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The company posted quarterly net profit of $904 million and revenue of $6.22 billion, up 29 percent from a year earlier.
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Anglo-Dutch steelmaker Corus has reported a profit for the first time since it was formed in 1999. Surging steel prices have helped the company lift earnings, and it has cut jobs and sold a number of businesses.
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Johnson Controls Inc. reported a 20 percent increase in profit for fiscal 2004, posting net income of $817.5 million, or $4.24 per share, compared with $675.
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The publisher said second-quarter profit rose 25.4 percent, to $277 million, driven by good results at its Standard & Poorâs unit.
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Levi Strauss &amp; Co, the US jeanswear group, has reported a net profit for the third quarter on the back of improved gross profit and lower expenses.
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Steelmaker reports big profits, disturbing trends.
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Agilysys Inc., a supplier of electronic components and computer systems, said Tuesday that it swung to a profit in the fiscal second quarter as acquisitions contributed to strong sales growth.
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By Reuters. Two of the biggest American steel companies reported dramatic third-quarter turnarounds yesterday, with robust profits driven by surging steel prices that reversed year-earlier losses.
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International Business Machines Corp.  on Tuesday posted a quarterly net profit that beat Wall Street's recently raised profit target as solid year-end product sales were buoyed by a weaker U.S. dollar.
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Shares of SteelCloud Inc. jumped Thursday after the Dulles-based network security products company reported that it posted a profit in the fourth quarter as revenue nearly doubled from new orders.
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CORUS, the British/Dutch steel major, and one-time basket-case of British industry, yesterday completed a remarkable turnaround when it posted its first profit since it was formed from the merger of British ...
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The steelmaker said costs related to the redemption of debt pulled down second-quarter profit, but the results beat Wall Street estimates.
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PITTSBURGH  â United States Steel reported substantially lower fourth-quarter profits on Tuesday, as acquisition costs, European job cuts and lower prices weighed down results.
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CINCINNATI  â AK Steel Holding said Tuesday that it swung to a fourth-quarter profit in contrast to a loss a year ago, when it took a one-time charge for employee health care benefits during a long lockout at its biggest mill.