Sanyo turns operating profit in 06/07
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Japan&#39;s Sanyo Electric Co. Ltd. reported  a swing to an annual operating profit after cost cuts more than  offset sluggish digital camera sales, but it forecast an  unexpected earnings decline for this year.
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Shrubs off last year's loss Juniper Networks swung to a profit during the second quarter of 2007, spurred by an increase of product and service sales as companies buy more equipment to handle internet traffic. The company reported a $86.2m profit for the second quarter of 2007, compared to a $1.21bn loss in the same period last year.â¦
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SANYO Electric Co., Ltd. (SANYO)(TOKYO:6764)(NASDAQ:SANYY) is the world's  largest producer of rechargeable batteries, and is a battery pack  supplier to Lenovo for its notebook PCs. Lenovo, in conjunction with the  U.S.
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Sanofi-Aventis  posted higher-than-expected fourth-quarter current operating profit, despite healthcare savings in Europe as well as generic rivalry, and the drugmaker predicted more growth for 2007.
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Toyota said its profit rose 7.5 percent in the October-to-December quarter as its strategy of shifting its focus to emerging markets appears to be paying off.
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The sale of the mobile phone unit would be the latest step by Sanyo to shed businesses to focus on key operations such as rechargeable batteries.
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Diversified manufacturer Honeywell International Inc.  said on Thursday it expects profit to rise 13 percent to 17 percent in 2007, to $2.85 to $2.95 per share.
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Capacity at Japanese plant to increase 7.5% to meet demand from digital camera, cell phone makers. TOKYO  - Toshiba Corp.
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Anglo American reported a 76 percent increase in annual profit as it increased production capacity and benefited from higher metal prices. It also said it would buy back $3 billion worth of its shares. Anglo said profit for 2006 came to nearly $6.2 billion, up from $3.52 billion the previous year. Revenue rose 12 percent, to $38.6 billion. Excluding one-time items, Angloâs profit rose 46 percent, to $5.5 billion. The company did not break out quarterly results. âOur strong performance was due to increased production across the majority of our businesses and higher prices, in particular for base metals, platinum and iron ore,â the chief executive, Tony Trahar, said. Operating profit from gold rose 41 percent, the company said. Operating profit from diamonds was down 21 percent.
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Takeover target Rio Tinto unveils a profit of $7.44bn for 2007 - 1% higher than a year earlier.
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Japan's NTT DoCoMo Inc. (9437.T) said  on Tuesday it expected a gain in operating profit in the next  fiscal year after posting a bigger-than-expected 7.4 percent  profit decline in the first-half.
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The company, which makes products ranging from automotive coatings to genetically modified seeds, said it expected 2007 earnings to be at the upper end of its previously announced range of $3.15 to $3.20 a share.
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Osaka-based electronics maker Sanyo Electric Co. said Wednesday it will spend 30 billion yen ($245 million) to boost output of lithium-ion batteries for laptop computers.
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Ketchup maker HJ Heinz Co. (HNZ.N: Quote, Profile, Research) on Tuesday said quarterly profit rose 7.8 percent, excluding a year-earlier tax benefit, as demand for new products
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Sanyo has agreed to sell its mobile-phone business to Kyocera Wireless for a net gain of $375 million. Under the deal, Kyocera will combine its mobile operations with Sanyo's human resources, technological capabilities and client base in North America, said Sanyo Executive Vice President Kentaro Yamagishi. Some 2,000 employees in Sanyo's mobile-phone business will continue to work for Kyocera once the transfer is completed, he added.
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The South Korean consumer electronics and appliances company swung to a profit in the second quarter on strong sales of appliances and premium mobile phones.
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AMP spin-off HHG plc has produced a pound stg. 46 million ($A117 million) profit for the six months to June 30 - a massive turnaround from the pound stg.