AstraZeneca Posts 51 Percent Profit Jump
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Anglo-Swedish pharmaceutical giant AstraZeneca PLC announced a 51 percent leap in third-quarter profits Thursday, despite an &#36;80 million loss on the U.S. rejection of its anti-clotting drug Exanta.
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Confectionery and soft drinks giant Cadbury Schweppes has said that net profit jumped 50 percent in 2006 to 1.165 billion pounds following the sale of its Europe Beverages business.
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Advertising and marketing giant WPP said Friday that net profit jumped by 19.8 percent in 2006 to 435.8 million pounds, as sales grew strongly across emerging powers, notably in Asia.
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The drugmaker posted third-quarter net income of $1.53 billion as revenues increased by double digits, while lower costs offset more spending on research and development.
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Nike Inc  posted on Thursday a 51 percent rise in quarterly net profit, helped by a tax benefit and a weak-dollar boost to revenue, and its shares rose 1.6 percent as the results topped Wall Street targets.
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Pfizer Inc., the world&#39;s largest drugmaker, said third-quarter earnings jumped 49 percent after merger-related expenses fell and sales of the cholesterol treatment Lipitor rose.
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ConocoPhillips COP.N, the No. 3 U.S.  oil company, on Wednesday reported a 53 percent jump in  quarterly profit, as soaring oil and gas prices offset the  impact of lower production volumes.
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Walgreen Co. , one of the largest U.S. drugstore chain operators, on Monday posted a 30.5 percent jump in quarterly profit, boosted by increased sales of prescription drugs.
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SAN FRANCISCO (CBS.MW) - Northrop Grumman said Wednesday its third-quarter profit rose 51 percent as higher sales of ships and missiles contributed to wider operating margins.
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The advertising services company said fourth-quarter profit rose 13 percent to $313.9 million, slightly ahead of expectations, with revenue increases in the United States and internationally.
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Walgreen Co., the top US drugstore chain, said Monday its quarterly profit rose 18.1 percent due to rising prescription demand and strong sales from its highly profitable nonpharmacy segment, including digital photo processing.
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Sanofi-Aventis SA, the world&#39;s third- largest drugmaker, said predecessor company Sanofi-Synthelabo SA&#39;s first-half profit rose 21 percent, helped by demand for the blood thinner Plavix and the cancer treatment Eloxatin.
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India's second-largest software services exporter, Infosys Technologies, said quarterly net profit jumped 51.5 percent, helped by strong outsourcing demand.
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Walgreen Co , one of the  largest U.S. drugstore operators, said on Friday quarterly  profit rose a better-than-expected 5.5 percent, helped by  higher sales and cost controls.
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Hertz Global Holdings posted a 51 percent increase in quarterly profit yesterday, supported by increased car rental revenue, but shares fell nearly 2 percent on a cautious outlook for equipment rentals.
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Impressive earnings drive the medical device maker to a 52-week high.
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Nestle SA, the world's biggest food and drink company, reported an 11 percent rise in first-half net profit Wednesday thanks to cost cutting and internal growth and despite higher raw material prices.